Jesse Bergman
CNBC Producer
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The deep pockets of private equity handily outbid the efforts of outsiders.
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While a massive restructuring effort to lay off 11,000 and cut billions from the budget is already underway, Citigroup CEO Michael Corbat sounded a clear message to investors and analysts on Tuesday: I could wield the axe further if necessary.
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As the Dow roars into record territory, there's one sector that's nowhere near its glory days: Financials.
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JPMorgan Chase CEO Jamie Dimon fired back at a group of investors who last week proposed stripping him of his current role as chairman, calling the issue a "sideshow" for the bank and its investors.
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On Wednesday, a judge in the Southern District of New York dismissed a key group of plaintiffs in litigation against Facebook for allegedly mishandling its 2012 initial public offering.
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Inside the biggest, riskiest, and most profitable insider stock bets since the financial crisis.
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A new trading platform uses social media to help retail investors look for trading signals.
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The theory behind a new product launched by Merrill Edge, dubbed "Face Retirement," produces a digitally aged image of the potential retiree, along with the cost of living around retirement age.
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Following Citigroup's announcement that it would cut 11,000 jobs and restructure its businesses, the bank's CFO said the move was a "fairly comprehensive initial foray" into its new strategy.
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Massachusetts officials say they have unearthed violations committed by Citigroup’s research department surrounding Facebook’s IPO and its coverage of Google — the results of which have cost two Citi analysts their jobs.