US equity funds see big outflows on rate-cut uncertainty
US equity funds see big outflows on rate-cut uncertainty The US equity market has been experiencing significant outflows from equity...
Finance
Citigroup lays off more bosses as CEO Fraser addresses managing directors -sources
Citigroup has recently announced further layoffs within the company, with the focus this time being on high-level executives. According to...
US banks warn costly deposits to weaken interest income in 2024
In 2024, US banks are warning that costly deposits could weaken interest income. This warning comes as interest rates continue...
ICBC to pay $32.4 mln to US regulators over AML lapses
The Industrial and Commercial Bank of China (ICBC) has agreed to pay $32.4 million to US regulators to settle allegations...
Friends of the Earth targets Dutch bank ING over fossil fuel financing
Friends of the Earth, an international environmental organization, has set its sights on Dutch bank ING over its financing of...
Societe Generale plans job cuts in France to trim costs- Bloomberg News
Societe Generale Plans Job Cuts in France to Trim Costs- Bloomberg News Societe Generale, one of the largest financial services...
Bankman-Friedʼs FTX to get bankruptcy examiner to probe collapse – US appeals court
Bankman-Fried’s FTX, a cryptocurrency exchange, is in the news again, as the US appeals court has ruled in favor of...
Wells Fargo branch workers in California vote against union
In a recent turn of events, Wells Fargo branch workers in California have voted against unionization. The vote, which took...
