Not too much drama at Citi's annual shareholder meeting Wednesday.
A judge has denied Deutsche Bank's bid to dismiss a lawsuit by the city of Los Angeles accusing it of letting hundreds of foreclosed properties fall into disrepair and illegally evicting low-income tenants, a representative for the city's attorney said on Wednesday.
With a number of high-profile investments under its belt, Thrive Capital is turning to a former top Goldman Sachs executive to help provide advice on its growth plans.
Big banks must innovate and not simply rely on higher leverage and risk to increase returns, said former Bank of America President Sallie Krawcheck.
After all, every woman needs a man!
Exxon Mobil reported quarterly earnings and revenue that topped market expectations on Thursday, with the company distributing $7.6 billion worth of dividends and buybacks to shareholders.
"No one really wants to take themselves all that seriously." - Sir Richard Branson.
In a marked difference to prior annual meetings, Citigroup shareholders praised management and the board on Wednesday for revitalizing the bank's strategy.
Wealth-X, the ultra high net worth (UHNW) business development solution for Educational Institutions, Global Private Banks, Luxury Brands and Non-Profits, has released its UK University UHNW Alumni Rankings Special Report.
Barclays, hosting its annual meeting Thursday, has pledged to improve the bank’s relationship with regulators and evaluate pay following recommendations made in a review by Rothschild Vice Chairman Anthony Salz.
The Securities and Exchange Commission has announced that Guggenheim Partners Investment Management has agreed to settle charges it breached its fiduciary duty by failing to disclose a $50m loan that one of its senior executives received from an advisory client.
Silicon Valley is taking on Wall Street right where it lives: in financial services that big banks either have ditched or haven't latched onto yet.
Former Federal Reserve Chairman Alan Greenspan spoke with Bloomberg's Tom Keene about the U.S. economy, bond market and Fed policy.