Citigroup CEO sets sweeping management changes, job cuts
Jane Fraser CEO, Citi, speaks at the 2023 Milken Institute Global Conference in Beverly Hills, California, U.S., May 1, 2023....
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EU capital markets union needed to improve efficiency, German finance minister says
European flags fly outside the European Commission headquarters in Brussels, Belgium March 13, 2023. REUTERS/Yves Herman/File Photo Acquire Licensing RightsBERLIN,...
European countries differ over windfall taxes on banks
Sept 13 (Reuters) - Italy followed the lead of other European countries by taking a surprise and contested decision in...
ECB criticises new Italian tax on windfall bank profits
A view shows the logo of the European Central Bank (ECB) outside its headquarters in Frankfurt, Germany March 16, 2023....
Analysis: Investors call ‘peak pessimism’ for beaten-up UK stocks
Investors see improvements for UK consumer economyInflation has claimed retail scalps, but easingUK stocks still hobbled by weak interest at...
Goldman Sachs CEO says US economic outlook uncertain despite soft landing prospects
A man counts U.S. dollar banknotes at an exchange shop in Beirut, Lebanon March 18, 2022. Picture taken March 18, 2022. REUTERS/Mohamed Azakir Acquire Licensing RightsNEW YORK, Sept 12 (Reuters) - Goldman Sachs (GS.N) CEO David Solomon said the U.S. economy is likely to avoid a significant recession, but warned that inflation will likely be more persistent than market participants currently expect."The chance of having a relatively soft landing and navigating through this has gone up very meaningfully over the last 12 months," Solomon told Reuters in an interview on...
ECB’s crucial 2024 projection to put inflation above 3%, source says
A view shows the logo of the European Central Bank (ECB) outside its headquarters in Frankfurt, Germany March 16, 2023....
Canada’s banking group says government ‘picking on’ financial sector – The Globe and Mail
Canadian flag flies in front of the Peace Tower on Parliament Hill in Ottawa, Ontario, Canada, March 22, 2017. REUTERS/Chris...
World stocks flag as dollar ups its game, UK data knocks pound
A huge electric stock quotation board is seen inside a building in Tokyo, Japan, December 30, 2022. REUTERS/Issei Kato Acquire...
Spanish court rejects appeals to suspend banking tax payments
MADRID, Sept 11 (Reuters) - Spain's High Court has rejected appeals by lenders Bankinter (BKT.MC), Sabadell (SABE.MC) and Cajasur to...
