The U.S. Federal Reserve Board should consider relaxing bank-merger guidelines focused on branch concentration, last updated in 1995, to account for competition from financial technology companies, Mi
Barclays PLC (LSE:BARC), Goldman Sachs (NYSE:GS) and Credit Suisse were among a host of companies fined by the US regulator for traders' use of their phones for work communication, and not properly ma
Goldman Sachs, Citigroup and other financial giants have agreed to pay regulators $1.1 billion in penalties for not monitoring employees using unauthorized messaging apps, according to a press release
Yahoo Finance's Seana Smith breaks down major stock moves after the closing bell.
Banking giants including Goldman Sachs and Citigroup agreed to pay regulators $1.1 billion in penalties for failing to monitor employees using unauthorized messaging apps. Sri Natarajan has more on
More than a dozen financial institutions agreed to pay more than $1 billion collectively for failing to properly collect employees' text messages for their records, the Securities and Exchange Commiss
The SEC and the CFTC are preparing to disclose the results of the investigation as soon as Wednesday that could see them extracting total fines of around $2 billion, according to a person with knowled
The refreshed strategy is very sensible and execution is going well. Interest rates are a huge tailwinds.

Citi to Cut Lending to Private Equity Firms

03:58pm, Friday, 23'rd Sep 2022
Citigroup is undertaking drastic cutbacks on the amount of money it lends to private equity firms and other asset managers as big banks try to adhere to strict new regulations on capital. The lending
Stocks continued to fall in the wake of the Federal Reserve's September meeting earlier this week.

Why Shares of Credit Suisse Are Falling Today

12:19pm, Friday, 23'rd Sep 2022
Investors are worried about a potential capital raise.
JMP Securities Director of Financial Technology Research Devin Ryan joins Yahoo Finance Live anchors Julie Hyman and Brad Smith to discuss global interest rate action among Central Banks, a hawkish Fe
Democratic senators criticized banks for not serving consumers fairly while Republicans complained about liberal social agendas promoted by the same institutions, as chief executive officers of the co
As part of its strategy to further streamline operations, Citigroup (C) intends to wind down its UK retail banking business, and expand personal banking and wealth management businesses.
The banking industry's top leaders face another day of hearings in Washington D.C.
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