Edition:
International

Imani Moise

Bitcoin ATMs are coming to a gas station near you

Mar 15 2021

A new feature has appeared at smoke shops in Montana, gas stations in the Carolinas and delis in far-flung corners of New York City: a brightly-lit bitcoin ATM, where customers can buy or sell digital currency, and sometimes extract hard cash. | Video

Morgan Stanley expands Black recruitment program

Mar 05 2021

Morgan Stanley is expanding a program to recruit Black professionals into its markets business regardless of their experience in financial services, bank executives said.

Wells Fargo will grant paid time off for vaccine appointments: memo

Mar 04 2021

Wells Fargo & Co said on Thursday it will give all employees up to 8 hours of paid time off to accommodate COVID-19 vaccine appointments, according to a memo seen by Reuters.

Citigroup revises earnings lower after losing Revlon case

Feb 26 2021

Citigroup Inc said on Friday it recorded an additional $390 million in operating expenses in the 2020 fourth quarter after a U.S. federal judge ruled it was not entitled to recoup money it mistakenly wired to lenders of Revlon Inc last year.

Citigroup revises earnings lower after losing Revlon case

Feb 26 2021

Feb 26 Citigroup Inc said on Friday it recorded an additional $390 million in operating expenses in the 2020 fourth quarter after a federal judge ruled that it was not entitled to recoup the money it mistakenly wired to lenders of Revlon Inc last year.

Bank of America emphasizes diversity, employee wellness in annual financial filing

Feb 24 2021

Bank of America Corp added new sections to its annual filing that show the growing importance of non-financial topics within the firm.

Citigroup slashes CEO's pay by 21%, to $19 million

Feb 12 2021

Citigroup Inc said late on Friday that outgoing Chief Executive Officer Mike Corbat's compensation for 2020 would be $19 million, a 21% decrease from 2019, according to a regulatory filing.

Bank of America CEO Moynihan's pay falls more than 7% in 2020

Feb 12 2021

Bank of America Corp Chief Executive Officer Brian Moynihan's annual pay fell by about $2 million, or 7.5%, in 2020, a regulatory filing showed on Friday.

CORRECTED-GLOBAL MARKETS-Asian futures flat after Wall Street closes at record highs

Feb 04 2021

Feb 4 - Asian futures were little changed in early trading after progress in vaccine distribution and a large U.S. stimulus program sent two major Wall Street indexes to record closing highs.

World News

Let's talk, says Spain, as jailed Catalan separatists are pardoned

MADRID/BARCELONA (Reuters) -Spain on Tuesday pardoned all nine separatist leaders jailed for their role in Catalonia's failed 2017 independence bid in a gesture the government hopes will foster dialogue to keep the region part of Spain, deflating its push for self-determination.