Citigroup
Citigroup’s Still Got Some Risk Control Work To Do
Another day, another fat finger.
Five Profit Warnings In A Year-And-A-Half Is Totally Normal, Right?
It is if you’re Credit Suisse.
Maybe Serving As Payment Agent For Sovereign Debt Is Another Business Citi Should Get Out Of
At least when it comes to rogue states and uniquely recalcitrant debtors.
Deutsche Bank’s Values Now Apparently Include Shunning Aggressive Warmongers
We know, they didn’t include that three days ago.
If Goldman Sachs Won’t Do Business In Russia, Jamie Dimon Guesses He Can’t, Either
Deutsche Bank, though? Still very much in Moscow.
Bonus Watch ’21: Citi CEOs
Jane Fraser gets a raise, but is still making only two-thirds as much as her peers.
Manipulating Libor Not Illegal After All
Now that that’s no longer useful information.
The Student Has Become The Master
That or Wells Fargo finally found a depth from which there was nowhere to go but up.
Layoffs Watch: Credit Suisse Prime Brokers
Turns out you don’t need them if you’re not offering prime brokerage services anymore.
Goldman Acknowledges Extremely Virulent Disease Spreading Across The Globe, Is Pretty Sure It’ll All Be Over In Two Weeks
Which is when you will be back at your desks, goddamnit, epidemiology notwithstanding.
No One Knows What The Hell Is Going On
Davos? No. Holiday parties? Maybe. Vaccine mandates? It’s up to Neil Gorsuch.
Jamie Dimon Is A Pretty Permissive Babysitter, It Turns Out
He really let the kids run wild on their devices without even a glance.
Firing Watch '22: Joe Biden Making Every Citigroup Employee Get Vaccinated
If you do it in the next month, you get $200. If you don’t do it within two months, you get canned.
Bonus Watch ’21: Mike Mayo Is Not Amused By Jane Fraser’s Generosity
Simply showing up shouldn’t be sufficient for a $5 million payday.
You’ve Heard From The Best, Now Hear From The Rest
Wall Street’s also-rans confirm that the second quarter was a good one indeed for banks.
Compensation Watch ’21: Goldman Sachs First Years
Goldman has done very well. Goldman’s kiddies? Maybe less so.
Charles Schwab Tries, Probably Fails To Make Citi Feel Better About That Whole Accidentally Sending People Too Much Money Thing
Misery loves company, but is Schwab really all that miserable?
Jane Fraser Is A Budding Wind Farm Wildcatter
Citi likes the feel of the breeze deep in the heart of Texas.
Mike Corbat Thinks The Best Thing About Mike Corbat’s Leadership Of Citi Was When It Was Over
I mean, we know that’s what Citi investors think, but…
Citi Stupidity Clause Now Standard Feature Of Debt Deals
Never again will a bank have to admit how bad at banking it is in court, at least on this matter.
Citigroup Stupid Beyond Belief Legally Speaking, Can’t Have Its Half-Billion Dollars Back
Finders keepers is apparently a genuine precedent under New York State law.
Brian Moynihan, Mike Corbat Paid $24.5M, $19M For Overseeing Wall Street’s Worst Banks Of 2020
Sure, things were bad enough for Corbat to essentially get fired, but not bad enough to keep him from an eight-figure payday.