JPMorgan’s Dimon plans to use vacation for cancer treatment
NEW YORK (Reuters) - Jamie Dimon, chairman and chief executive of JPMorgan Chase & Co, plans to be out of the office for at least half of his planned two-month...
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JPMorgan Chase shareholders back directors, executive pay
TAMPA, Florida (Reuters) - JPMorgan Chase & Co shareholders voted overwhelmingly on Tuesday to elect all of the company's directors and also endorsed its compensation to executives in 2013. All...
Citigroup fires 11 in fraud probe of Banamex unit
NEW YORK/MEXICO CITY (Reuters) - Citigroup Inc has fired four senior executives and seven other employees, saying they failed to do enough to protect the bank from loan fraud at...
Citigroup Asia Pacific executive Faruqui leaves for ANZ
(Reuters) - Farhan Faruqui, one of Citigroup Inc's highest-ranking bankers in Asia, is leaving the company to work for rival Australia and New Zealand Banking Group Ltd The departure of...
Citigroup’s leaders say company needs to simplify itself
ST. LOUIS (Reuters) - The two men at the top of Citigroup Inc , the third-biggest U.S. bank and the most international, acknowledged on Tuesday that the company must do...
Citigroup shuns digital webcast for its shareholder meeting
NEW YORK (Reuters) - Citigroup Inc , which aspires "to become the world's digital bank", will not webcast its annual meeting next week in St. Louis. Of the top six...
Citigroup still has a way to go in cost-cutting program
(Reuters) - At a meeting with 300 senior Citigroup officials in the first week of February, Chief Executive Michael Corbat said the bank needed to focus on two things above...
JPMorgan on profit drop: Be relieved we aren’t taking big risks
(Reuters) - JPMorgan Chase & Co executives had a clear message for shareholders after reporting declining first-quarter earnings: don't worry, be happy that the bank isn't chasing short-term gains by...
JPMorgan profit weaker than expected as trading revenue falls
(Reuters) - JPMorgan Chase & Co posted far weaker-than-expected quarterly profit as uncertainty about the U.S. economy weighed on investor trading volumes and consumer borrowing. Results from the first of...
Citigroup CEO faces grilling over failed plan, missed target
(Reuters) - As Citigroup Inc Chief Executive Mike Corbat prepares to talk to investors on Monday about the bank's biggest failure during his 18-month tenure, his biggest struggle may be...