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America's biggest banks just spent a week regaling shareholders about brighter days ahead, when tax cuts add billions of dollars to the firms' annual profits. About 8,000 people are getting left behind.
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The Buffalo-based company donated a record $50 million to its charitable foundation to honor its former CEO Robert Wilmers, who passed away in late 2017.
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The bank’s innovation unit hopes some of the students it takes in from 12 universities including Columbia, NYU and Texas will end up working at Citi someday or creating startups it can partner with.
January 18 -
U2 lead singer Bono is among the latest to support the ambitious mobile-only fintech startup, which applied for a national bank charter in July.
January 18 -
A new alliance between CUNA and the Association for Financial Technologies is intended to ensure CUs are as competitive as possible when it comes to technology and support services.
January 18 -
The information you need to start your day, from PaymentsSource and around the Web. Today: Visa won't support cryptocurrency payments; Blockstream extends virtual currency tech; EMV advances in Ghana; Blockchain becomes art.
January 18 -
Merger- and tax-related charges took a bite out of fourth-quarter profits at the Cleveland company, but its CEO emphasized that a recent deal and tax reform are promising for growth.
January 18 -
Bank says most of the benefits from tax reform will be used for dividends and buybacks; Michael Loughlin will stay on until his replacement is named later this year.
January 18 -
A large writedown on its portfolio of taxi medallion loans marred an otherwise strong fourth quarter for Signature Bank in New York.
January 18 -
OnPlan serves the education and health care industries, and under Flywire its services will be available for the first time outside the U.S.
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