Citigroup bets on ex-BofA exec Andy Sieg’s connections to revamp wealth unit
By Lananh Nguyen and Saeed Azhar NEW YORK (Reuters) – Citigroup Inc’s hiring of Andy Sieg, the incoming head of…
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IMF steering committee aims for ‘considerable progress’ on shareholding reforms
By David Lawder and Andrea Shalal WASHINGTON (Reuters) -The International Monetary Fund’s steering committee on Friday said it would accelerate…
US bank deposits rose, loans ticked down in latest week -Fed data
(Reuters) -Deposits at U.S. commercial banks rose in early April in a renewed sign of confidence in the banking sector…
Argentina seeks to issue up to $1.2 billion in bonds, ministry source says
By Jorgelina do Rosario WASHINGTON (Reuters) -The Argentine government is in talks to issue two dollar-bonds for up to $600…
Boeing shares tumble as some MAX deliveries halted, airlines fret over impact
By Aishwarya Nair (Reuters) – Boeing Co shares closed down 5.6% on Friday after the planemaker halted deliveries of some…
TSX notches 6-week high as investors cheer US bank earnings
By Fergal Smith (Reuters) -Canada’s main stock index edged up on Friday to its highest closing level in six weeks,…
Dollar, yields gain as likelihood of Fed rate hike rises
By Herbert Lash NEW YORK (Reuters) – Treasury yields rose and the dollar index bounced off a one-year low on…
Exclusive-Two U.S. Senators write to Tesla CEO Elon Musk after Reuters probe
By Steve Stecklow, Waylon Cunningham and Hyunjoo Jin (Reuters) – Two U.S. senators have written to Elon Musk, Tesla Inc’s…
Tupperware tumbles as cheaper rivals, to-go containers proliferate
By Hilary Russ and Katherine Masters NEW YORK (Reuters) -Tupperware’s financial woes follow a proliferation of free restaurant to-go boxes…
China’s Zeekr hires ex-Lexus brand veteran to helm Europe operations -memo
SHANGHAI (Reuters) – China’s Zeekr has hired a former Lexus executive to helm its operations in Europe, according to a…