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.
"Moneyball" author Michael Lewis' upcoming book on the dangers of high-frequency trading is already making waves in the world of high finance.
The business could be valued at $3.3 billion, though other sources said it was worth $2.5 billion.
Square CFO Sarah Friar Talks About Her Career In Tech – And Why Some High School Kids Are Asking For More Homework
Friar, formerly of Goldman Sachs and McKinsey, spoke to IBTimes about the challenges and opportunities for women in key sectors.
Gold, platinum and soybeans are among those markets most at risk, Goldman Sachs said.
Amid some of the world's biggest banks, Paul J. Taubman stood out as an adviser on Comcast's $45B merger with Time Warner Cable.
One quarterly stat institutional investors will scrutinize: Pepsi's sales in its declining North American beverage business.
Wall Street Exodus: Young Bankers Growing More Disenchanted, Flocking To Silicon Valley, According To New Book
Young Wall Street bankers have grown disenchanted with their careers, and their stories are told in Kevin Roose's new book, "Young Money."
In a compelling new book, Kevin Roose exposes Wall Street's most powerful fraternity and the ordeals faced by young bankers.
When it comes to rap clout, only some of the world's biggest companies are name-dropped in lyrics. Who made the list?
Starting life anew, corporate references in rap, and Mexico's income disparity - IBTimes Magazine: a deep dive into global business and politics.
Neel Kashkari boasts an impressive résumé, including, top-line U.S. Treasury Department work under Presidents George W. Bush and Barack Obama.
While Q4 should represent another robust quarter at Boeing, management will probably remain on the conservative side.
Goldman paid its staff the second lowest compensation total (as a percentage of revenues) since the firm went public.
Quarterly earnings were down $1 per share from a year earlier and fourth quarter revenue was more than $1 billion less than it was a year ago.
Earnings of banking heavyweights, and data on jobs and inflation should provide direction to the markets.
Earnings News: Bank of America Corp. (BAC), JPMorgan Chase & Co. (JPM), Wells Fargo & Co. (WFC) [VIDEO]
Bank of America Corp. stock rose over 2 percent on Wednesday after the bank reported strong fourth-quarter earnings of $3.44 billion.
No other major bank depends on revenue from trading as heavily as Goldman Sachs.
Ongoing litigation uncertainty, however, makes analysts wary of excessive optimism.
Wells Fargo is expected to post its 16th consecutive quarter of EPS growth, but how can it do so on declining revenue?
Alcoa Kicks Off Earnings Season: How Will JPMorgan & Other Bank Titans Perform In Fourth Quarter? [VIDEO]
Analyst Adam Sarhan discussed the outlook for 2013 fourth-quarter earnings season for the financial sector, including JPMorgan Chase & Co.
Earnings Preview: Bank of America Corp (BAC), Wells Fargo (WFC), JPMorgan Chase (JPM), Goldman Sachs (GS), Citigroup (C)
Wells Fargo and JPMorgan Chase & Co. will kick off Q4 bank earnings season on Tuesday.
The coldest temperatures in 20 years may boost agricultural commodity prices in coming weeks.
Assets managed by commodity exchange-traded funds saw their biggest decline ever in 2013, according to ETF Securities.
Wall Street’s major financial institutions are set to report earnings later this month, in their first test of the new year.