Citi bonuses buy time for new wealth boss’s revamp
Andy Sieg, head of Citi’s wealth business, says retention bonuses are part of his growth strategy.
Trump’s immigration plan likely to impact housing
The president-elect had billed his hardline stance on the border and promised deportations as a solution to tight housing markets. Experts say those policies, at least in terms of housing, could do more harm than good.
California bank regulator to retire
California Department of Financial Protection and Innovation Clothilde "Cloey" Hewlett will step down Dec. 30.
How Citi, BNP Paribas and Schwab migrated to T+1 securities settlement
Industry observers say the U.S. securities industry's migration to next-day settlement in May 2024 was a technology success story, which has encouraged the U.K. and the EU to follow suit.