Citigroup

BofA, Wells Fargo, BNY Mellon shareholders reject proposals to narrow pay gap

04/24/19

Bank of America investors on Wednesday voted against pressing the company to disclose more insightful data about disparities between men's and women's salaries. Shareholders at Wells and Bank of New York Mellon recently rejected similar measures.

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Citigroup's Corbat says income inequality keeps him up at night

04/24/19

Citigroup Chief Executive Officer Michael Corbat said the widening income gap in the U.S. ranks high on the list of things that keep him up at night.

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What’s Jamie Dimon’s salary got to do with income inequality?

04/21/19

At a recent House hearing with large-bank CEOs, lawmakers’ focus on the compensation gap between the C-suite and lower-level employees echoed a broader discussion about pay inequity.

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Jesse Jackson wants banks to take a stand on how fines are used

04/16/19

Civil rights activist Jesse Jackson is pushing a proposal that the billions banks have paid in fines be given to Americans who lost homes or suffered in other ways during the financial crisis.

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Weak revenue growth underlies bank profits; another Libor alternative

04/16/19

Citi, Goldman, BofA earnings rose despite flat revenues; benchmark would be based on rates set on the American Financial Exchange.

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Pressure mounts on Citi to beef up returns

04/15/19

Citigroup's return on tangible common equity rose in the first quarter, but stubbornly high expenses and costly technology investments may make it hard for the bank to hit its targets for this year and next.

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Citigroup trims costs 3%, exceeding expectations

04/15/19

Bank's profits up 2% despite decline in revenue.

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Need a volunteer opportunity, young banker? This algorithm's for you

04/12/19

CariClub crunches employee data to connect young banking professionals with nonprofits on the hunt for junior directors.

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JPM's profits up on revenue gain; Citi's changing of the guard

04/12/19

Bank's profits grow 5% on earnings growth; Citi's number 2 exec retirement shows the difficulty retaining a host of top executives.

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