Tatiana Bautzer

Citigroup Chief Financial Officer Mark Mason said on Tuesday that investment banking fees are expected to jump in the fourth quarter from the same time last year, as dealmaking continues to run hot.

Big tech companies' investments in artificial intelligence and busier M&A activity will raise the volume of debt issuance by investment-grade companies next year, bank executives said on Wednesday during a panel at the Reuters NEXT conference in New York.

Citigroup said on Thursday Chief Financial Officer Mark Mason will leave the role in March, to be replaced internally at the U.S. lender by Gonzalo Luchetti.

By Tatiana Bautzer NEW YORK (Reuters) -U.S. consumers expect to rely more heavily on credit cards for shopping during the Thanksgiving holiday season, according to a survey by credit bureau TransUnion. According to TransUnion's U.S. Consumer Pulse stud...

U.S. consumers expect to rely more heavily on credit cards for shopping during the Thanksgiving holiday season, according to a survey by credit bureau TransUnion.

Citigroup CEO Jane Fraser was elected as chair of the board of directors, the bank said in a filing on Wednesday.

Goldman Sachs and asset manager T. Rowe Price, which announced a partnership earlier this month, plan to begin offering new alternative investments for wealthy clients by the end of the year, their executives told Reuters.

Citigroup is exploring providing stablecoin custody and other services, a top executive told Reuters, in a further sign sweeping policy changes in Washington are spurring major financial firms to expand into the cryptocurrency business.

In eight countries initially.

Citigroup alleges that a former managing director suing the bank was fired for performance reasons, rather than for what she said were attempts by the bank to give regulators false information.

Two senior JPMorgan Chase dealmakers, Andy Lipsky and Haidee Lee, are leaving the bank, two sources familiar with the matter said on Thursday.