After last week's volatile sessions, which ended with the markets losing a lot of ground, earnings and economic data should guide markets.
At the end of 2013, Citigroup had reduced its employee count by more than a fifth to 251,000 from 323,000 in 2008.
Expectations for U.S. company earnings are on a slippery slope down Wall Street.
Inadequate U.S. bank regulations helped trigger the 2008 global financial crisis - the free world's biggest crisis since the Great Depression.
Further, Citi last year agreed to pay $730 million to resolve claims that it did not reveal its exposure to toxic mortgage assets.
The hearing before competition and legal officials and their counterparts could determine whether the banks face hefty fines.
The CFTC has also brought lawsuits against Jon S. Corzine and Edith O’Brien for allegedly misusing customers' funds.
MF Holdings declared bankruptcy in October 2011, listing assets of $41 billion and debts of $39.7 billion.
Movement of banking stocks, specifically Citigroup's, along with Q4 GDP data and jobless claims numbers could influence markets.
This is the second time in three years that Citigroup's capital plan has been rejected by the Federal Reserve.
The Ukraine crisis has affected many business models: here are 10.
“Credit defaults will definitely happen. It’s just a matter of timing, scale, and how big the impact is,” a bank regulator says.
The reason a large U.S. bank made a large loan to a troubled Mexican company could go beyond simple negligence.
The firm went from a long-standing Petróleos Mexicanos relationship and more than $2B in profit to an alleged fraud scheme.
Money laundering is the suspected motive behind the fraudulent loans granted by Citigroup's Mexican unit, Banamex.
Sources tell the Financial Times JPMorgan Chase will announce a 2,000-job cutback on top of already planned reductions.
Next week’s earnings calendar will be dominated by big-name retailers.
The scandal came out two years ago, following which Barclays paid a fine of $450 million in 2012 for wrongdoing.
Citigroup has agreed to pay $110 million to homeowners, after a lawsuit was filed on force-placed insurances
An often-overlooked -- and sneaky -- practice could wind up distorting your perspective on the major players in retail.
DeVere Group CEO Nigel Green wants the global financial reporting regime to be repealed, a call that has gained little political traction to date.
Natural gas in recent trading has reached beyond $5/btu, a threshold Citi analysts dubbed “unthinkable."
