July 10, 2025

Citigroup

Finance

Inside Singapore’s cutthroat campus finance clubs where 10% get in and stress runs high

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

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Mortgage

Bank of America, Citi warn of mortgage business softening

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

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