Ida Liu, an 18-year veteran of the bank, did not detail her future plans. Citi eliminated her post and will instead have four regional private-banking chiefs.
In a report released today, Keith Horowitz from Citi maintained a Hold rating on Morgan Stanley (MS – Research Report). The company’s shares
JPMorgan Chase, Bank of America, Citi, Goldman Sachs, Morgan Stanley and BlackRock were all asked about how they plan to implement or have implemented hiring or supplier diversity goals.
Morgan Stanley, a juggernaut in the wealth management industry, has been repeatedly ahead of its peers when it comes to crypto.
Sweetgreen (SG) is sinking 6.6% today after Morgan Stanley analyst Brian Harbour significantly reduced his price target on SG stock.
Flagstar Financial, formerly New York Community Bank, reported a 500 percent increase in past due multifamily debts as it works to unload those mortgages
Wipro’s share price is up over 8% after the company reported its quarterly results. Some brokerage houses are however concerned about the IT sector outlook going forward and its implications on the stock-
Leading fintech firm Pine Labs is gearing up to file its initial public offering (IPO) documents by mid-February. The company had recently completed the process of shifting its base from Singapore to India. The strategic move comes as part of Pine Labs's plan to tap into the Indian capital market at the earliest and go public by August.
Investment banking revenue in the fourth quarter jumped 35% from a year earlier to US$8.8bn across the five US banks
The steelmaker reported a 70% YoY decline in net profit to Rs 717 crore for Q3 FY2024, with a 1% drop in revenue to Rs 41,378 crore. Despite higher volumes and lower coking coal costs, weaker steel realizations impacted performance.
Databricks said on Wednesday Meta Platforms had joined as an investor in a $10 billion funding round intended to fuel the data analytics startup's expansion plans and new product development.
Ida Liu, the head of Citi’s private bank, will exit this month. Andy Sieg, who runs the bank’s wealth business, said on Monday in a memo that Liu had informed him of her decis