Big U.S. lenders are expected to show they have ample capital to weather any renewed turmoil during this week’s Federal Reserve health checks.
Read More Big US banks expected to be cautious on shareholder payoutsTag: Citigroup
What to expect in 2024: Forecasts for GDP, inflation and other assets
Global growth will likely slow this year and major central banks across the globe have indicated interest rate cuts this year.
Read More What to expect in 2024: Forecasts for GDP, inflation and other assetsMorgan Stanley profit beats estimates as investment banking rebounds, wealth grows
Morgan Stanley’sĀ first-quarter profit beat estimates, fueled by a resurgence in investment banking and growth in wealth management.
Read More Morgan Stanley profit beats estimates as investment banking rebounds, wealth growsWall St slips after big bank earnings
Wall Street’s main stock indexes as some big banks dipped after reporting dour quarterly results and most megacap growth stocks and chipmakers receded.
Read More Wall St slips after big bank earningsCapital One to buy Discover Financial in $35.3 billion all-stock deal
Capital One plans to acquire Discover Financial Services to create a global payments giant.
Read More Capital One to buy Discover Financial in $35.3 billion all-stock dealExclusive: Citi hit by new Fed rebuke, setbacks on consent orders
U.S. regulators have asked Citigroup for urgent changes to the way it measures default risk of its trading partners.
Read More Exclusive: Citi hit by new Fed rebuke, setbacks on consent orders