Citigroup Inc. C has unveiled plans to slash 20,000 jobs. The decision, spearheaded by CEO Jane Fraser, aims to bolster the financial giant’s performance, which has been underwhelming recently. The bank…
American banks are generating profits out of thin air by exploiting an emergency funding program created by the Federal Reserve after the 2023 Silicon Valley Bank crisis. A recent Wall…
Citigroup Inc. C is projected to release financial results for its fourth quarter, before the opening bell on Jan. 12, 2024. Analysts expect the company to post quarterly earnings at…
Saudi Arabia has issued $12 billion in debt, marking its most significant foreign borrowing since 2017, at a time when emerging-market nations are increasingly investing in bonds. What Happened: The…
As the remote work debate continues, some wonder whether the push to return to offices is making a tangible impact in metropolitan areas. Placer.ai explored office recovery trends in Manhattan…