Since Vis Raghavan took over the reins last year, several have jumped ship. Citigroup is making aggressive moves to revitalize its investment banking unit by recruiting top talent, a strategy being led by Viswas “Vis” Raghavan, who joined as head of banking last June. The former JPMorgan Chase veteran has initiated a targeted hiring spree,
3-minute read Filing for New Jersey unemployment guide Step-by-step guide to navigating New Jersey’s unemployment filing process online. Megan Fernandes and Katie Sobko, NorthJersey.com A local North Jersey manufacturer and a banking giant are laying off nearly 200 people combined in the coming weeks, according to public notices filed with the New Jersey Department of
hand holding envelope with overdue bill- vector illustrationAdobe Stock Late-payment rates among U.S. households remained elevated in the second quarter of 2025, driven in part by another steep slide into serious delinquency by student loan borrowers. By the end of June, 4.4% of Americans’ total outstanding debt was in some form of delinquency, according to
(Reuters) -Citigroup has hired Pankaj Goel from JPMorgan Chase to co-lead its technology investment banking, according to a memo seen by Reuters on Tuesday. Goel, who has more than twenty years of technology experience, was most recently global chair of technology investment banking at JPMorgan, according to the memo, signed by Citi’s head of North
JPMorgan, Citigroup, Wells Fargo increase investment banking revenues Banks cautious about economic environment and tariffs Optimism grows for resumption of deals after earlier slowdown (Updates quotes, adds share prices) By Nupur Anand, Tatiana Bautzer and Saeed Azhar NEW YORK, July 15 (Reuters) – Large U.S. banks expressed optimism about the investment banking outlook for the
At Singapore’s universities, undergraduates are fighting for the golden ticket they believe will get them a coveted banking job years later: membership in a campus finance club. Lengthy interview rounds and days of working on PowerPoint slides have become de rigueur as a gloomier job market in the banking and trading hub raises the stakes
Bank of America chair and CEO Brian Moynihan said in a statement that the bank’s clients “have been performing well, consumers have shown resilience, continuing to spend and maintaining healthy credit quality.” But he added that “[we] potentially face a changing economy in the future.” Speaking to analysts, Moynihan also said that “there’s a lot