Wall Street’s longest-enduring glass ceiling is about to be broken. Citigroup, the country’s third-largest bank, said on Thursday that Jane Fraser will become its chief executive in February. She would
BEIRUT, Lebanon — Since an orphaned shipment of highly explosive chemicals arrived at the port of Beirut in 2013, Lebanese officials treated it the way they have dealt with the
WASHINGTON — As the coronavirus began shuttering the global economy in March, critical parts of U.S. financial markets edged toward collapse. The shock was huge and unexpected, but the vulnerabilities
Our DealBook Debrief conference calls are back, starting next week. On Thursday, July 16 at 11 a.m. Eastern, we will be joined by the White House correspondent Maggie Haberman to
The line started small about two months ago with a handful of people who had recently been laid off. But now, nearly three months into the economic crisis, which has
During the 2008 financial crisis, Wall Street banks and other big financial institutions were deemed “too big to fail.” The crisis unleashed by the pandemic has broadened that elite status
The Federal Reserve chair, Jerome H. Powell, and Treasury Secretary Steven Mnuchin will testify before Congress on Tuesday morning in the first accountability hearing since Congress handed the Fed and
