Charles Schwab: We Are Encouraged By A Bounce In Net New Asset Growth
Schwab’s earnings remained pressured this year, with earnings per share up low single digits in 2024. Why are we bullish SCHW ...
Citibank Loses Bid To Dismiss Lawsuit Alleging Failure To Protect Its Customers From Scams
New York Attorney General Letitia James filed a lawsuit against Citibank accusing it of neglecting to protect its customers ...
Citi’s private-bank chief is leaving
Ida Liu, an 18-year veteran of the bank, did not detail her future plans. Citi eliminated her post and will instead have four ...
Bloomberg L.P.7d
Citi Analysts Say Trump Can’t Reverse Energy Transition
The policies of President Donald Trump will fail to hold back progress in transitioning away from high-carbon energy sources, according to analysts at Citigroup Inc. Despite the Trump ...
Bloomberg L.P.7d
Citi Reworks Its Private Bank as Head Leaves Firm After 18 Years
Citigroup Inc. is revamping the management structure of its private bank following the resignation of Ida Liu, who’s led the unit for almost four years. A new structure, announced on the same ...
European Shares Pare Drop as Mexican Tariffs Delayed for a Month
European stocks trimmed earlier declines after Mexican President Claudia Sheinbaum said tariffs imposed by the US would be ...
Spotify expected to report strong Q4 earnings as analysts look ahead to 'multiple catalysts on the horizon'
In the most recent quarter, Spotify said its gross margin increased to 31.1% from the prior year's 26.4%. Wall Street is ...
Costco Defended Its DEI Policies — Now It Should Talk About Them
Using the acronym as a vague catchall just gives ammunition to anti-woke crusaders. It’s time to get granular.
Nvidia Investors Seek Cover After Years of YOLO Rally Chasing
Options traders are betting on more volatility in Nvidia Corp. shares after last week’s DeepSeek-triggered upset.
DEI Can Be Justified, But Not by Better Profits
The problem, he argues, is that diversity of race and gender may not be a good proxy for diversity of thought. He also says ...
Japanese Automakers’ Shares Tumble on Eve of Trump Tariffs
Japanese automakers’ shares tumbled after US President Donald Trump pledged to impose tariffs against Canada and Mexico, with ...
Deutsche Bank’s Domestic Woes Risk Making It an Also-Ran
Paul J. Davies is a Bloomberg Opinion columnist covering banking and finance. Previously, he was a reporter for the Wall ...