Citigroup

Advisor Upside

Why Some Banks Are Blocking AI Access

Photo by Paris Bilal via Unsplash

More major financial institutions are limiting agentic AI’s ability to make transactions on a client’s behalf.

2 min read

Photo via Jimin Kim / SOPA Images/Sipa USA/Newscom

Banking

The Big Three Investment Banks Feed Hedge Funds’ AI-mbitions

The five biggest investment banks have already beaten last year’s record for equity trading revenue by about $7 billion, per CNBC.

2 min read
Photo by István Szitás via Unsplash

Advisor Upside

Alts Goose Wall Street’s Wealth Units in Third Quarter

Despite rain clouds in the economy, many of Wall Street’s biggest banks reported stellar earnings in the third quarter.

2 min read
Photo via Gina M Randazzo/ZUMAPRESS/Newscom

Banking

Wall Street’s Big Gains Met with Muted Reception

JPMorgan, Citi Wells Fargo and Goldman Sachs reported that their collective profits were up 14% year over year to $32 billion.

2 min read

Advisor Upside

Inside Wall Street’s Blockbuster Second Quarter

Photo by Lo Lo via Unsplash

Strong market conditions and the need for sophisticated advice were major boons for wealth units in Q2.

2 min read

Advisor Upside

Citi to Hire 400 as Road to Recovery Continues

Photo via Citigroup

The goal is less about attracting new clients and more about catering to existing ones, according to Citi head of wealth Andy Sieg.

2 min read

Banking

Citigroup Surges as Fraser’s Overhaul Yields 42% Profit Growth

Photo via Dickson Lee/SCMP/Newscom

CEO Jane Fraser, who took over in 2021, has won plaudits for executing a multi-year reordering of the bank’s sprawling global structure.

2 min read

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