NEW YORK, April 9 (Reuters) - Citigroup ( C/PN ) investors have rewarded CEO Jane Fraser with a share price boost after Fraser announced a sweeping overhaul of Citi's sprawling structure in September, cutting costs by laying off 5,000 employees. Next, they want to see growth in wealth management and investment banking. Wall Street investors have welcomed Fraser's overhaul, but...

HONG KONG (Reuters) - HSBC ( HSBC ) plans to accelerate the expansion of its wealth business in China despite economic headwinds and is on track to nearly double its headcount by next year, its global wealth head said, as the lender pushes ahead with its Asia pivot strategy. The bank, which makes the bulk of its revenues in Asia,...

TOKYO (Reuters) -Microsoft Corp ( MSFT ) will invest about $2.9 billion over the next two years to boost its artificial intelligence (AI) business in Japan, the Nikkei newspaper reported on Tuesday citing the company president. The U.S. tech firm will announce the plans soon when Japanese Prime Minister Fumio Kishida visits the United States, the Nikkei said in its...

TOKYO, April 9 (Reuters) - Microsoft Corp ( MSFT ) will invest about $2.9 billion over the next two years to boost its artificial intelligence (AI) business in Japan, the Nikkei newspaper reported on Tuesday citing the company president. The U.S. tech firm will announce the plans soon when Japanese Prime Minister Fumio Kishida visits the United States, the Nikkei...