Customers use ATMs at a Citibank branch in the Jackson Heights neighborhood of the Queens borough of New York City, U.S. October 11, 2020. REUTERS/Nick Zieminski/File Photo Acquire Licensing RightsNEW YORK, Oct 13 (Reuters) - Citigroup's (C.N) third-quarter profit beat estimates on Friday as it benefited from a surge in trading revenue, investment banking fees and interest payments while undertaking its biggest overhaul in decades.The bank said it will cut management layers from 13 to eight as part of a sweeping reorganization. In the two top layers of leadership, 15%...
European Commissioner for Financial Stability, Financial Services and the Capital Markets Union, Mairead McGuinness speaks during the press conference on...
Word "Sanctions" is displayed on EU and Russian flags in this illustration taken, February 27, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire...
The logo of the Polish Central Bank (NBP) is seen on their building in Warsaw, Poland, September 25, 2023. REUTERS/Kacper Pempel Acquire Licensing RightsCEE should maintain tight monetary stance -IMF directorBe ready to raise rates again if needed, he saysPolish, Hungarian CPI to remain among highest in EuropeFiscal policy should also support disinflation -IMFBUDAPEST, Oct 13 (Reuters) - Central Europe's central banks should maintain a tight monetary stance for a "considerable time" to ensure inflation is kept in check, and be ready to raise interest rates again if needed, a...
NEW YORK, Oct 13 (Reuters) - Shifting views on the Federal Reserve's monetary policy trajectory are roiling the U.S. Treasury market, as investors gauge how close the central bank is to pulling back from its aggressive monetary policy tightening.Benchmark 10-year yields tumbled at the start of the week as investors reacted to the widening conflict in the Middle East and dovish comments from Fed officials, who leaned into the possibility that interest rates may not need to go higher.But yields, which move inversely to bond prices, rebounded on Thursday, following...