08:24 AM EDT, 04/02/2024 (MT Newswires) -- Citigroup ( C ) will lay off in June a total of 430 workers in its US retail banking, investment banking and technology teams, regulatory filings on Monday showed. According to the filings with the US Department of Labor, the layoffs will take effect on June 29, with 363 employees affected at Citibank...

DUBAI (Reuters) - Standard Chartered ( SCBFF ) has picked new regional heads for its corporate and investment banking business (CIB), according to a person with knowledge of the matter, as the Asia-focused bank undergoes a major management reshuffle. The new appointments are intended to allow the bank to serve more clients, as well as promote internal talent, the person...

08:23 AM EDT, 04/02/2024 (MT Newswires) -- (Street Color news is derived from real time discussions with market professionals globally subscribed to the Street Color Premium Chat service on Bloomberg IB Chat and the ICE IM. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.) Price: 422.77, Change: -1.8, Percent...

PARIS (Reuters) - Societe Generale, France's third-biggest listed bank, and U.S. asset manager AllianceBernstein ( AB ) officially launched their joint venture in the cash equities and equity research businesses, the two companies said on Tuesday. WHY IT'S IMPORTANT The move, initiated by SocGen's CEO Slawomir Krupa shortly before he took the reins of the French bank, is part of...