Pound and U.S. dollar banknotes are seen in this illustration taken January 6, 2020. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsLONDON,...
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%...
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...
A bank employee counts pound notes at Kasikornbank in Bangkok, Thailand, October 12, 2010. REUTERS/Sukree Sukplang/File Photo Acquire Licensing RightsLONDON,...