NEW YORK--(BUSINESS WIRE)--Today, as part of its five-year Blueprint for Housing Opportunity initiative, the Citi Impact Fund announced that it will invest $25 million in companies propelling innovative solutions for housing access, supply and affordability in communities nationwide. These investments will support entrepreneurs and leaders at the forefront of this work, who are leveraging techn...
Wall Street's biggest banks found few reasons to complain this earnings season. Investment bankers were busier than they have been in years, trading desks thrived on volatility and resilient consumers kept lending businesses humming.
Wall Street's prime brokerage engine is humming and delivering handsome gains for the largest U.S. banks.
Analysts revised estimates for Citigroup on Wednesday after the bank's management surprised investors and forecast higher expenses in the second half of the year.
Wall Street's largest banks struck a reassuring tone on U.S. consumer health, citing steady spending, rising loan balances and healthy credit quality that suggest households remain resilient despite growing economic uncertainty.
Few signals across financial services are delivered as clearly and collectively as the ones on what's become Wall Street's own “Super Tuesday” for bank earnings. Five of Wall Street's largest banks reported record revenues Tuesday (July 14).
Lenders' results contrast with measures that show the highest credit card delinquency rates in 15 years.