Edition:
United Kingdom

Imani Moise

All Wells Fargo directors elected as hecklers call executives 'frauds'

24 Apr 2019

DALLAS Wells Fargo & Co shareholders voted to elect all of the company-nominated directors during a rowdy meeting on Tuesday in which more than a dozen attendees were kicked out for heckling executives and board members.

Citigroup profit beats on investment banking boost

15 Apr 2019

Citigroup Inc reported higher-than-expected earnings on Monday despite declining revenue as the New York-based lender cut costs, grew its investment-banking business and expanded net-interest margin.

Lyft pulls electric bikes in three U.S. cities after complaints about braking

15 Apr 2019

NEW YORK Lyft Inc is removing several thousand electric bikes from service in its bike-share program in New York, Washington and San Francisco because of a braking problem, the ride-hailing company said on Sunday.

REFILE-Lyft pulls electric bikes in three U.S. cities after complaints about braking

15 Apr 2019

NEW YORK, April 14 Lyft Inc is removing several thousand electric bikes from service in its bike-share program in New York, Washington and San Francisco because of a braking problem, the ride-hailing company said on Sunday.

Wells Fargo's revenue outlook spooks investors

12 Apr 2019

NEW YORK Wells Fargo & Co shares fell as much as 3 percent on Friday after the bank dialled back its net interest income outlook for this year and reported a decline in total quarterly revenue.

Head of Citigroup's institutional clients unit retires: memo

11 Apr 2019

NEW YORK James Forese, president and chief executive officer of Citigroup Inc's> institutional clients business, which contributed two-third's of the bank's profits last year, is retiring, according to an internal memo seen by Reuters.

U.S. lawmakers grill bank CEOs on social issues

11 Apr 2019

Chief executives of some of the largest U.S. banks faced off with the House Financial Services committee for the first time since the financial crisis on Wednesday armed with the healthy balance sheets, but lawmakers grilled executives more on social issues than business fundamentals. | Video

World News

Sri Lankan police hunt 140 people after Easter bombings

Sri Lankan police are trying to track down 140 people believed linked to Islamic State, which claimed responsibility for the Easter Sunday suicide bombings of churches and hotels that killed 253 people, President Maithripala Sirisena said on Friday.