Gina Heeb

In widespread requests, the SEC is seeking information about valuations, loan selection and other maneuvers by firms including Blue Owl.

In widespread requests, the SEC is seeking information about valuations, loan selection and other maneuvers by firms including Blue Owl.

Gina Heeb Citigroup is ready to leave its messy past behind. From the bank's headquarters in downtown Manhattan on Thursday, Chief Executive

Chief Executive Jane Fraser says at the bank’s first investor day in four years that Citi has “rebuilt the engine.”

Marquee crypto bill advances past key Senate committee following furious lobbying campaigns by both sides.

The insurers are preparing for legal fights against boards and executives over valuation practices.

Bill Pulte, known for his loyalty to Trump, made the case that he would advocate for the administration’s foreign policy agenda.

President Trump congratulated Citigroup and its CEO Jane Fraser on making a “BIG comeback,” a rare instance of praise for a big bank while his administration spars with the industry. “W

Citigroup is launching a blockchain-based platform that lets wealthy and institutional clients trade tokenized shares of private companies, aiming to make private markets more accessible as firms stay private longer. The system uses authorized tokenized depositary receipts, with Citi acting as custodian, and initially targets foreign investors before expanding to U.S. clients. Built on Switzerland's SIX blockchain, the platform could also be adopted by other banks and is part of a broader Wall Street push into tokenized assets. Citi says it offers a clearer, more regulated alternative to opaque structures like special-purpose vehicles used today.

Executives are reluctant to slash jobs, with rainmakers often starting out as junior bankers performing rote tasks.