It will pay $11.5 million to resolve Finra claims that a brokerage unit displayed inaccurate research ratings for hundreds of securities for nearly five years.

Prince Alwaleed bin Talal, who is the largest shareholder of Citigroup and has been detained since early November in a corruption probe, faces a demand from Saudi Arabian authorities of at least $6 billion to win his freedom, according to a report in The Wall Street Journal.

The tax reform legislation approved by Congress on Wednesday and expected to be signed by President Trump soon is mostly good news for banks, but many will have to take big charges in the fourth quarter as a result.

A new U.K. rule requiring firms to disclose their pay practices, combined with the increased attention on women's workplace issues in general, is forcing banks and other companies to be more forthcoming about what they are paying female employees.

If we are going to make these global transactions easier for payers and receivers, these incumbents have to accelerate their progress and level of innovation, writes Mike Massaro, CEO of Flywire.

It wasn't intended just for people to come in and solve problems for Citi.

Fed's supervision chief wants more openness on bank stress tests; cybercurrency jumps 40% in 40 hours, climbing past $19,000.

It’s only early December, but bank CEOs’ comments this week about tax reform, their thirst for deposits, consumer lending initiatives, and challenges in commercial lending offer a sneak peek at what’s coming when earnings season begins next month.

Digital currency surges past both $12,000 and $13,000 on Wednesday; the bank may make it back quickly, depending on the corporate income tax rate.

Citigroup expects to take a noncash charge to earnings of about $20 billion if the Senate's version of the tax reform bill is enacted, Chief Financial Officer John Gerspach said.