Jennifer Surane

PayPal Holdings Inc. boosted its forecast for full-year profits after spending on its platforms jumped more than expected in the first three months of the year.

Citigroup Inc. is nearing a deal to sell most of its Banamex retail operations to Grupo Mexico SAB for roughly $7 billion, according to people familiar with the matter.

JPMorgan’s chief executive officer predicts more rules are coming to an industry already struggling.

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JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said his company has convened a weekly war room to plan how it would react to a potential US default amid protracted negotiations in Congress over the debt ceiling.

Consello Group, a newly formed investment banking firm that has been on a hiring spree since forming last year, added longtime Citigroup Inc. executive Mark Shafir and tennis star Serena Williams to its ranks.

Citigroup Inc. abandonó su intento de vender Banamex y en su lugar hará una oferta pública inicial para su unidad mexicana en 2025.

Citigroup Inc. pasó 16 meses preparando a su unidad Banamex para una venta que finalmente fracasó luego de la intromisión del presidente mexicano, Andrés Manuel López Obrador.

Citigroup Inc. spent 16 months preparing its Banamex unit for a sale that ultimately fizzled after meddling by Mexican President Andres Manuel Lopez Obrador.

Toronto-Dominion Bank said it will repurchase 30 million shares after the collapse of its $13.4 billion deal for First Horizon Corp. left it with a bevy of surplus capital.