Citi’s retail banking exit from Mexico a test of president’s nationalism
Sale of Banamex unit could tilt sector dominated by global lenders to more local control
Financial Times
Expectations build for more than three US rate rises this year
Fed officials and economists predict central bank will go beyond its baseline forecast for increases if inflation persists
UAE steps up anti-dirty money measures to avoid global watchlist
Middle East’s main financial hub, long seen as a magnet for illicit finance, is battling to keep itself off the FATF’s grey list
T Rowe Price’s Bill Stromberg on building the right culture
Asset manager’s former CEO says the highest pay isn’t why people stay at firms, ‘people want to be a part of something special’
JPMorgan plots ‘astonishing’ $12bn tech spend to beat fintechs
Big increase in investment will hurt profitability, raising fears for rival bank earnings in 2022
Ken Griffin, financial prodigy turned industry giant
Citadel Securities deal is latest in string of successes for controversial hedge funder
US banks: costs will be swing factor for 2022
Lenders will have to pay well to hang on to their dealmakers and tech investment is needed to keep the upstarts at bay
Andrea Orcel’s payout from Santander cut by €16.4m
Italian banker will also receive part of reduced €51.4m award in shares
FTX opens $2bn venture capital arm to invest in crypto projects
Crypto exchange led by Sam Bankman-Fried follows lead of rival Coinbase
Citigroup ditches global consumer banking division after 20 years
Pullback comes as fourth-quarter earnings comfortably beat expectations
Pages
