Citigroup’s findings show that restructuring has its costs

The Citi bank logo is pictured in an exhibition hall in Bangkok, Thailand on May 12, 2016. REUTERS / Athit Perawongmetha Register now for FREE unlimited access to Sign in Jan 14 (Reuters) – Citigroup Inc (CN) showed some of the financial bruises needed for its current restructuring, posting a 26% drop in fourth-quarter … Read more

Wall Street closed higher after Powell’s testimony eased investor concerns

Powell says the economy can resist Fed tightening, Omicron IBM down after UBS downgrade to “sell” Las Vegas Sands skips JPM update Rising Indices: Dow 0.51%, S&P 0.92%, Nasdaq 1.41% 11 Jan (Reuters) – US stock indices gained ground Tuesday with the Nasdaq leading the way as investors were relieved that Federal Reserve Chairman Jerome … Read more