A Justice Department probe is reviewing transactions tied to a business network linked to Iran's supreme leader and its reported connections to Wall Street firms

U.S. ETF assets under management could more than double to $25 trillion by decade's end, Citigroup says, driven by active ETFs, product innovation and investor demand.

Citi announced it will match the federal government's $1,000 deposits to Trump Accounts for children born to U.S. workers between January 2025 and December 2028.

Citi announced a policy update to ensure fair access to financial services regardless of political views or firearms industry involvement as it looks to address debanking concerns.

Sen. Bill Hagerty is spearheading legislation to regulate stablecoin, a cryptocurrency linked to fiat currencies like the dollar, but he has hit a snag.

Citigroup's markets revenue rose 12% to $6 billion in the quarter, surpassing its earlier expectations for a mid-single-digit percentage gain, the bank said on Tuesday.

JPMorgan Chase is dropping "equity" from its diversity program as more companies scale back initiatives that are aimed at increasing racial and gender equality in the workplace.

Citigroup's CEO announced it will no longer require a diverse applicant pool for job interviews and plans to change its DEI department name to "Talent Management and Engagement."

Morgan Stanley's net income rose to $3.1 billion, or $1.82 per share, in the three months ended June 30. That compares with $2.2 billion, or $1.24 per share, a year earlier.

Bank of America earned $6.9 billion, or 83 cents per share, in the quarter ended June 30, compared with $7.4 billion, or 88 cents per share, a year earlier.