ANZ Bank is adding lower-cost digital home loans to its wider arsenal as it looks to grab a bigger share of the $2.1 trillion home loan market.
In a time marked by public anger at banks,tougher rules,geopolitical havoc,the pandemic and some treacherous market swings,the six giants of US banking have not only survived,but pulled in their biggest profits ever.
Credit card giant Citi says while customers are in good shape today,it will be looking out for softer discretionary spending on credit cards later this year.
Traders say the market is coming to grips with selling really highly valued,profitless tech names and finding other places to put money.
National Australia Bank is looking expand its share of the credit card market by buying Citi’s Australian retail banking arm.
BlackRock and other major financial institutions are working on plans to accelerate the closure of coal-fired power plants in Asia in a bid to phase out the use of the worst man-made contributors to climate change.
Global giant Citi says the rise of buy now,pay later products is a major shift,as it prepares to move into the local market.
As Wall Street workers trickle back into their Manhattan offices,they are noticeable for their casual attire. Even the Lululemon logo has been spotted.
Competition tsar Rod Sims says any attempt by National Australia Bank to buy Citi’s retail bank will be subject to strictest scrutiny.
Class action lawsuits are rare in the UK,but this one promises to be a doozy.
Citigroup said it’s reconsidering a shareholder proposal requiring its board oversee an audit analysing its adverse impacts on communities of colour -- a measure which drew sharp reproach from the JPMorgan Chase boss.