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David Henry

Citigroup names new chairman, keeps post separate from CEO

Nov 05 2018

NEW YORK The board of Citigroup Inc on Monday named one its independent members to be its new chairman, keeping the post separate from Chief Executive Mike Corbat.

Citigroup board names new chairman, keeps post separate from CEO

Nov 05 2018

NEW YORK, Nov 5 The board of Citigroup Inc on Monday named one its independent members to be its new chairman, keeping the post separate from current Chief Executive Officer Mike Corbat.

JPMorgan spreads its urban development money to Paris

Nov 04 2018

NEW YORK/PARIS JPMorgan Chase & Co , the biggest U.S. bank by assets, said on Sunday that it has selected impoverished areas around Paris as the first foreign focus of an urban economic development strategy it started four years ago in Detroit.

JPMorgan to build Silicon Valley fintech office

Oct 19 2018

NEW YORK JPMorgan Chase & Co said on Friday that it was building a new "fintech campus" in Silicon Valley for more than 1,000 employees, as it pushes to keep abreast of changes in digital payments.

U.S. mortgage industry faces job losses as refinancing dries up

Oct 18 2018

NEW YORK With mortgage applications falling to their lowest since late-2014, the U.S. home lending industry is facing a major overhaul in how it works and manages staffing levels.

U.S. banks profit from higher rates, more loans and lower costs

Oct 12 2018

NEW YORK Three of the largest U.S. lenders reported double-digit profit increases on Friday, helped by an expanding economy and lower taxes, and forecast more growth ahead as long as current trends continue. | Video

JPMorgan's consumer banking strength offsets bond trading weakness

Oct 12 2018

JPMorgan Chase & Co reported a better-than-expected quarterly profit on Friday as gains from higher interest rates and growth in loans helped the bank offset weakness in bond trading revenue. | Video

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