American Express is the latest financial institution to suspend its operations in Russia amid the country’s ongoing war on Ukraine. In a statement on Sunday, the company said its cards will no longer work at merchants or ATMs in Russia,...

Financial services company CitiBank has announced its plans to eliminate overdraft fees among other fees by Summer 2022. In a statement on Thursday, Citi said that overdraft fees along with returned item fees, and overdraft protection fees will...

Citigroup has agreed to undergo an independent racial equity audit, the bank announced Friday.In a blog post, Citi Executive Vice President Edward Skyler said the audit will “help us assess the impact our work is having and will help inform how to...

The U.S. Securities and Exchange Commission (SEC) has opened an investigation into how Wall Street firms track their employees' digital communications, according to a report published by Reuters on Tuesday.Sources close to the matter told the...

Inflation in the United Kingdom rose to 3.2 percent in the past 12 months through August, a Wednesday report from the Office for National Statistics said.This figure is up from 2 percent in July, marking the largest increase seen since the...

The New York Stock Exchange said Wednesday that it is requiring personnel to be fully vaccinated against the coronavirus to access the trading floor. In a memo obtained by The Hill, NYSE Chief Operating Officer Michael Blaugrund said full...