Read more about the article Mark Mason, Citibank’s Finance Chief Officer, Plans to leave Next Year. By Noko David
Citi said on Thursday that Mark Mason, chief financial officer of the Wall Street giant since 2019, will leave the company next year. citi

Mark Mason, Citibank’s Finance Chief Officer, Plans to leave Next Year. By Noko David

Citigroup announced Thursday that its Chief Financial Officer, Mark Mason, will be stepping down from his CFO role in early March 2026 and will fully exit the bank later next…

Continue ReadingMark Mason, Citibank’s Finance Chief Officer, Plans to leave Next Year. By Noko David

Bank of America Temporarily Shuts 3,800 Branches Across the U.S. for 48 hours. By Noko David

We begin tonight with an important notice for millions of bank customers across the United States. Bank of America is temporarily closing all of its in-person branch locations nationwide, affecting…

Continue ReadingBank of America Temporarily Shuts 3,800 Branches Across the U.S. for 48 hours. By Noko David
Read more about the article Trump Weighs in on Fed Chair Pick: Meet the Shortlisted Candidates. By Noko David
Federal Reserve Chairman Jerome Powell

Trump Weighs in on Fed Chair Pick: Meet the Shortlisted Candidates. By Noko David

President Donald Trump has announced he has made a decision on who will become the next chair of the Federal Reserve, the most influential position in the U.S. economy. The…

Continue ReadingTrump Weighs in on Fed Chair Pick: Meet the Shortlisted Candidates. By Noko David
Read more about the article Moscow’s Economic Tactics Challenged by Russia’s Top Financial Official. By Noko David
Russia Central Bank

Moscow’s Economic Tactics Challenged by Russia’s Top Financial Official. By Noko David

In today’s top economic story, Russia’s leading financial figure has delivered a stark warning about the country’s economic priorities — suggesting Moscow may be focusing on the wrong battle. German…

Continue ReadingMoscow’s Economic Tactics Challenged by Russia’s Top Financial Official. By Noko David
Read more about the article Fed chair candidate Rieder says Powell’s actions were firmer than analysts predicted. Noko David.
From left to right: National Economic Council director Kevin Hassett, Fed governor Christopher Waller, former Fed governor Kevin Warsh, BlackRock chief investment officer of global fixed income Rick Rieder and Federal Reserve governor Michelle Bowman. Photos: Getty Images

Fed chair candidate Rieder says Powell’s actions were firmer than analysts predicted. Noko David.

Financial markets and policymakers are closely watching remarks from Rick Rieder, a leading candidate to succeed Federal Reserve Chair Jerome Powell. Rieder says Powell’s recent statements were “considerably more hawkish…

Continue ReadingFed chair candidate Rieder says Powell’s actions were firmer than analysts predicted. Noko David.
Read more about the article An October Fed rate cut is all but certain; December will be the key month to watch. By Noko David.
Recent remarks by Federal Reserve Chair Jerome Powell were interpreted as signaling a rate cut in October. © Hannah Beier/Bloomberg

An October Fed rate cut is all but certain; December will be the key month to watch. By Noko David.

Financial markets are bracing for a nearly certain rate cut by the Federal Reserve at next week’s meeting, as the central bank continues its pivot toward supporting the job market…

Continue ReadingAn October Fed rate cut is all but certain; December will be the key month to watch. By Noko David.
Read more about the article Trump authorizes more student-loan forgiveness claims to protect borrowers from big tax bills. Noko David
The Trump administration agreed to process student-loan forgiveness claims for eligible borrowers. Kevin Dietsch/Getty Images © Kevin Dietsch/Getty Images

Trump authorizes more student-loan forgiveness claims to protect borrowers from big tax bills. Noko David

In a major development for student borrowers, President Donald Trump’s Department of Education has reached an agreement with the American Federation of Teachers to process additional student-loan forgiveness claims —…

Continue ReadingTrump authorizes more student-loan forgiveness claims to protect borrowers from big tax bills. Noko David
Read more about the article Chase CEO Jamie Dimon warns investors about a potential market crash. By Noko David
Jamie Dimon, CEO and Chairman of JPMorgan Chase.

Chase CEO Jamie Dimon warns investors about a potential market crash. By Noko David

Today, we start with a serious warning from one of the most prominent figures of Wall Street. Jamie Dimon, CEO and Chairman of JPMorgan Chase, has sounded the alarm about…

Continue ReadingChase CEO Jamie Dimon warns investors about a potential market crash. By Noko David
Read more about the article German chancellor Merz pushes for Europe to establish Stock Market Competitor to US and Asia. By Noko David
German Chancellor Friedrich Merz makes his government statement in the German Bundestag. Photo: Federal Government/Sandra Steins

German chancellor Merz pushes for Europe to establish Stock Market Competitor to US and Asia. By Noko David

German Chancellor Friedrich Merz is calling for a pan-European stock exchange — a bold move he says is necessary to help European companies compete with giants in the U.S. and…

Continue ReadingGerman chancellor Merz pushes for Europe to establish Stock Market Competitor to US and Asia. By Noko David
Read more about the article Recession worries grow as Fed signals additional rate cuts amid slowing job growth. By Noko David.
The United States Federal Reserve Building.

Recession worries grow as Fed signals additional rate cuts amid slowing job growth. By Noko David.

Growing recession concerns are rippling through the U.S. economy after Federal Reserve Chair Jerome Powell signaled that more interest rate cuts may be coming — a move meant to cushion…

Continue ReadingRecession worries grow as Fed signals additional rate cuts amid slowing job growth. By Noko David.