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THE TRUTH ABOUT: 4 - Caught on Camera

Morgan Stanley debuts a new tool for employees: an AI assistant to answer common investing and personal finance queries

The AI is intended to help advisors do better, and not replace them, according to Morgan Stanley Wealth Management.

Fortune

Wall Street’s most powerful woman shakes up Citibank in bid to narrow gap with rivals: ‘We’ll be saying goodbye to some very talented and hard-working colleagues’

Frustrated that Citi is 'seriously underestimated', Fraser bills her plan as the most consequential change in the way the bank runs in nearly 20 years.

Fortune

Should Citigroup (C) Be on Your Watchlist This Week?

With no rate cuts expected this year, banks’ net interest income (NII) should increase due to the high-interest rates. However, macroeconomic challenges continue to pose a significant risk for banks. Amid this backdrop, will adding Citigroup (C) to your watchlist be wise? Read on to learn my view….

StockNews.com

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Citi CEO Jane Fraser: 'We must be proactive about embracing A.I.—it's an essential part of winning in the digital era'

Generative A.I. has the potential to revolutionize all functions across the banking industry, according to Fraser.

Fortune

Citi CEO Jane Fraser on leading with empathy

The Citi CEO believes in leading with empathy.

Fortune

Citi CEO Jane Fraser ‘certainly’ sees a slowdown, but big banks remain in ‘very strong health’

Citigroup is halfway through a turnaround that’s aiming to simplify the bank’s core business structure.

Fortune

Citigroup CEO Jane Fraser: 'The next China is China'

The American bank's Scottish chief offers her thoughts on a variety of issues.

Fortune

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Citibank CEO ‘very pleased’ First Republic’s demise eliminates the last big threat from banking's recent turmoil

With the collapse of the second-largest commercial lender in U.S. history, Citi’s Jane Fraser believes the financial sector is now poised to draw a line under the crisis.

Fortune

Citigroup CFO Mark Mason on how ‘careers are defined in times of crisis’

Mason discusses the regional bank turmoil but also shares how an earlier crisis shaped his career.

Fortune

One of the world's richest men knows why Silicon Valley Bank really failed: 'People on iPhones'

Stephen Schwartzman, worth $42 billion and at the head of a firm managing almost $1 trillion, says social media is what doomed the bank.

Fortune

'There were a couple of Tweets and then this thing went down': Citigroup CEO Jane Fraser says a social media bank run on SVB is a 'complete game changer'

Banking crises have happened before, but this may be the first one accelerated by mobile banking and social media.

Fortune

Citi boss blames banking crisis on a few black sheep: ‘This is not a credit crisis’

Silicon Valley Bank and Credit Suisse only really have themselves to blame for their collapse, argued the native Scot.

Fortune

The return to the office once seemed inevitable. A new study shows companies are already reversing course

Return-to-office mandates are the exception, not the rule. It’s likely that 2023 will see more employees working remotely, not less.

Fortune

The crypto kids are onto something–and they shouldn’t listen to billionaire bankers like Jamie Dimon

Crypto's most vocal critics also happen to be the biggest winners of the legacy financial system.

Fortune

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The Guardian - UK

China’s future to AI and jobs: five big questions from Davos

From the threat of AI weaponising spam to a trade war sparked by green subsidies, the taxing topics at this year’s World Economic Forum

Fortune

Citi is ordering its low-performing remote workers back to the office

Low performers don't get to work remotely, CEO Jane Fraser said at Davos.

Fortune

Biggest CEO successes and setbacks: 2022’s triumphs and 2023’s challenges

How the likes of Satya Nadella, Elon Musk, Mark Zuckerberg, and Cathie Wood did in 2022–and the challenges that await them in 2023.

Fortune

Citi CEO Jane Fraser: ‘If grandma’s investing in crypto, we better have protections in place.’

Until investor protections are established, traditional banking won't fully jump into the crypto fray.

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news in one place.

100's of premium titles.
One news app.

Fortune

Lithium baron Kent Masters is ‘accelerating’ his U.S. investment plans

The incentives are working.

The Independent UK

Cyclone, absences threaten to dull Hong Kong finance meeting

A tropic storm and absences of VIP guests are casting a shadow over a financial conference meant to help Hong Kong restore its image as a financial hub and destination for business travel

StockNews.com

Citigroup: Buy, Sell, or Hold?

The shares of the renowned megabank Citigroup (C) have slumped more than 20% in price this year. Furthermore, with geopolitical issues taking a toll on the global economy and Wall Street seeing a risk of default by major banks, is C a smart investment now? Read on.

Benzinga

Morning Brief: Top Financial Stories Dominating on Tuesday, May 3

Bloomberg

Benzinga

Citigroup In Talks With Potential Buyers For Russia Retail Ops: Bloomberg

Chief Executive Officer Jane Fraser said that Citigroup Inc (NYSE: C) is reportedly in "active dialog" with potential buyers of its consumer and commercial banking operations in Russia.

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