News

Investors in Citigroup, the third-largest bank in the U.S., have had a lot to be disappointed in over the years. Though ...
Citigroup is stepping up its poaching of senior dealmakers from JPMorgan, signalling the ambitions of its new banking chief ...
NEW YORK--(BUSINESS WIRE)--Morgan Stanley (NYSE: MS) and Citi (NYSE: C) today announced they have reached a definitive agreement to combine Morgan Stanley’s Global Wealth Management Group and ...
Bank of America is working on launching a stablecoin, and investors can expect the lender to move forward with the ...
JPMorgan kicks off a flurry of bank earnings on Tuesday with Wells Fargo, BlackRock. Morgan Stanley and Goldman Sachs report ...
The tussle between Citigroup Morgan Stanley, over the valuation of their brokerage JV, Morgan Stanley Smith Barney, came to an end with both agreeing to value the JV at $13.5 billion.
As earnings season kicks off on Tuesday, Wall Street seeks clues on whether big-bank stocks merit more gains after outperformance.
Morgan Stanley would pay Citi $2.7 billion for Smith Barney, Smith Barney Australia, and Quilter and take a 51% stake in the joint venture, the companies said after the market closed. Combining Smith ...
Morgan Stanley will purchase Citi's interest in Smith Barney in stages, starting with a 14 percent stake. It will buy the rest by June 1, 2015. The deal values Smith Barney at $13.5 billion.
JPMorgan’s chief, Jamie Dimon, lauded the “resilient” U.S. economy as his bank reported bumper quarterly earnings.
The tussle between Citigroup Morgan Stanley, over the valuation of their brokerage JV, Morgan Stanley Smith Barney, came to an end with both agreeing to value the JV at $13.5 billion.