The Federal Reserve is deciding whether to give financial-technology companies more direct access to its payment system after many of the upstarts swelled in popularity during the pandemic.
Citigroup Inc. promoted 70 women in its latest class of managing directors, the most ever but still less than a third of the total.
It's reining in its exposure as the U.S. reduces support for millions of unemployed Americans.
Citigroup Inc. is pulling back on plans for returning employees to offices across the U.S. as coronavirus cases surge in many states.
Fatal police encounters fueling protests nationwide have prompted executives from almost every major bank and investment firm to speak out. And behind the scenes, it’s driving conversations in an industry that wants to be viewed as more socially responsible, even as it struggles to deliver on promises to improve diversity within its ranks.
The CFA Institute postponed its June exam until at least December.