Rebecca Ungarino

Rebecca Ungarino

Senior Writer

LATEST ARTICLES

JPMorgan Urges Caution on Prediction Markets While Allowing Employees to Trade Them

JPMorgan Urges Caution on Prediction Markets While Allowing Employees to Trade Them

New internal guidelines stop short of a ban, potentially allowing employees to trade on prediction markets involving the company itself.

4 minute read

Citi Stock Rises as Investor Day Gets Underway

Citi Stock Rises as Investor Day Gets Underway

Citigroup investors want CEO Jane Fraser to prove the bank can shift from turnaround to growth.

2 minute read

Anthropic Rolls Out New Claude Financial Agents

Anthropic Rolls Out New Claude Financial Agents

Anthropic’s latest set of Claude AI agents are built for banks, investment managers, and insurers.

3 minute read

Jane Fraser Turned Citigroup Inside Out. Now Comes the Hard Part.

Jane Fraser Turned Citigroup Inside Out. Now Comes the Hard Part.

Under the CEO, the beleaguered bank is in its 13th restructuring. Can Citi’s stock shed its longstanding reputation as an absolute dog?

Long Read

American Express Profit Jumps 15%. Affluent Spenders Are in Good Shape.

American Express Profit Jumps 15%. Affluent Spenders Are in Good Shape.

Spending by its typically affluent cardmembers grew at the highest quarterly rate in three years.

2 minute read

Citi Is Launching an AI Avatar Named Sky. The Bank is Betting Big on Agentic Tech.

Citi Is Launching an AI Avatar Named Sky. The Bank is Betting Big on Agentic Tech.

Citigroup is betting that a new AI tool can improve its financial advisors’ productivity and attract new clients to its wealth-management business.

4 minute read

These Activist Investors Are Targeting Banks. An Exclusive Look at Their Latest Campaigns.

These Activist Investors Are Targeting Banks. An Exclusive Look at Their Latest Campaigns.

HoldCo’s Vik Ghei and Misha Zaitzeff are seeking changes at Beacon Financial and Bank of Hope. Why they focus on capital allocation.

Long Read

Big Bank Earnings Show Resilient Consumer

Big Bank Earnings Show Resilient Consumer

JPMorgan Chase, Citigroup, Bank of America, and Wells Fargo released first-quarter earnings this week.

2 minute read

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