Trump CEO meeting to include Dimon, Fraser, Moynihan
US President Donald Trump gestures as CEO of Bank of America Brian Moynihan (L) speaks during a meeting with banking leaders to discuss how the financial services industry can meet …
Citigroup Inc
Google DeepMind, Microsoft AI, Anthropic among elite guests
Google DeepMind co-founder and Chief Executive Officer Demis Hassabis gives a conference during the Mobile World Congress (MWC), the telecom industry’s biggest annual gathering, in Barcelona on February 26, 2024. …
UBS backs $37 million round for climate fintech startup Doconomy
From left to right: Johan Pihl, Doconomy’s chief creative officer and co-founder, and Mathias Wikstrom, chief executive officer and co-founder. Doconomy Swedish climate-focused financial technology startup Doconomy told CNBC on …
Citi fined $79 million by British regulators over fat-finger trading and control errors
People walk by a CitiBank location in Manhattan on March 01, 2024 in New York City. Spencer Platt | Getty Images LONDON — British regulators on Wednesday dished out a …
Biden’s White House is courting CEOs while bashing corporate greed
U.S. President Joe Biden departs the White House in Washington, U.S., for a campaign fundraiser in California, May 9, 2024. Craig Hudson | Reuters President Joe Biden has had it …
Booming luxury travel and a jump in ‘relief’ loans
At American Express, consumers are continuing to open high-fee credit cards and splurge on luxuries like travel. But for lending firm Upstart, there’s a strong interest in microloans as cash-strapped …
Monzo boosts funding to $610 million to crack U.S., launch UK pensions
British neobank Monzo said Wednesday that it’s raised another $190 million, lifting the total it’s raised so far this year to $610 million. The company told CNBC it raised the …
Citigroup CEO Jane Fraser says low-income consumers are more cautious
Citigroup CEO Jane Fraser said Monday that consumer behavior has diverged as inflation for goods and services makes life harder for many Americans. Fraser, who leads one of the largest …
New Swiss bank laws could derail UBS’ challenge to Wall Street giants
Sergio Ermotti, CEO of Swiss banking giant UBS, during the group’s annual shareholders meeting in Zurich on May 2, 2013. Fabrice Coffrini | Afp | Getty Images Switzerland’s tough new …
Morgan Stanley tumbles, GE Healthcare climbs — what’s driving Thursday’s major portfolio stock moves
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. (We’re …