Citigroup profit slips by 13% as expenses rise amid sweeping overhaul
Chief executive Jane Fraser is pushing through bank’s biggest restructuring in more than a decade
Citigroup
Johnny Ronan firm offers to cut height of planned docklands office block
Developer reduces height of offices by five storeys
Stocks gain as investors cheer delayed US economic data
S&P 500 rises to a hair below October’s record
Citi board names Jane Fraser as chair and awards her $25mn bonus
Roles of board leader and CEO will be reunited in move to underscore her leadership amid radical overhaul
Morgan Stanley profit beats estimates as traders shine
MORGAN STANLEY-RESULTS/ (UPDATE 3, PIX):UPDATE 3-Morgan Stanley profit beats estimates as traders shine
Goldman Sachs’ profit jumps 22% as market turbulence powers record equities trading
GOLDMAN SACHS-RESULTS/ (UPDATE 2, PIX):UPDATE 2-Goldman's profit jumps as market turbulence powers record equities trading
Meet Paul ‘the Cooler’ Coulson: One of the godfathers of leveraged finance
Coulson is negotiating hard with creditors of Ardagh on a payoff for shareholders in return for walking away from the highly-leveraged packaging giant
Citigroup’s EU hub becomes largest bank in Ireland following significant balance-sheet growth
Profits jump 19% to $2.07bn, driven by interest income and fees and commissions growth in its services division
European shares can recapture early 2025 momentum over Wall Street, say analysts
Here’s why: Sixty per cent of European companies’ first-quarter earnings have beaten market expectations
Former bonds trader targets gaps in the Irish mortgage market
Núa Money co-founder Fergal O’Leary says there is an opportunity for more players to come into the Irish mortgage market and take market share from the banks
Tariff relief hopes boost recovery in global stocks
Iseq index up 2.3% as banks move higher, fuelled by positive updates from a trio of US lenders
Citigroup erroneously credited client account with $81 trillion instead of $280
Incident comes as US bank seeks to assuage regulatory concerns over its risk management processes
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