citigroup

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Citigroup loses $18 billion

The bank took a $22 billion one-time charge related to the new tax law. But as Fred Katayama reports, its rising adjusted profit and revenue beat estimates. Citigroup loses $18 billion

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Profits rise at JPMorgan, Citi

JPMorgan Chase and Citigroup expanded quarterly profit more than 7 percent, managing to overcome big drops in trading revenue. Fred Katayama reports. Profits rise at JPMorgan, Citi

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Apple drags down Wall Street

Tech stocks like Apple pulled the big market indexes lower Thursday. As Fred Katayama reports, the Dow snapped its nine-day winning streak. Watch the Video below

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Banks accused of South Africa FX rigging

South Africa’s antitrust investigators are calling for more than a dozen banks to be fined for colluding and manipulating trades in the rand. As Ivor Bennett reports, it could become the latest in a...