Industry News

Banks upbeat on U.S. consumer despite bank profit declines, inflation and rising debt levels

Citigroup said Friday that it's cutting 20,000 jobs, roughly 10% of its workforce

By Ken Sweet, The Associated Press |January 12, 2024

3 min read

Industry moves: Alts firm Accelerate appoints Kevin Gopaul as special advisor

Plus, Ontario Teachers' makes executive appointments

By Staff |January 12, 2024

3 min read

CIRO aims to beef up short-selling requirements

Self-regulatory organization proposes new settlement obligation and expanded guidance

By James Langton |January 11, 2024

2 min read

Moody’s expects capital markets boost for Wall Street in Q4

U.S. banks are set to report brighter investment banking and trading revenue, a report says

By James Langton |January 11, 2024

2 min read