More than 3 today and crashed through the 50 per barrel mark and has been trading under 49. European stock markets are mixed a day after the selloff in asian markets were lower at the close and equity futures are on the rebound. In europe, the economy has hit another speed bump. Growth slowed in the Fourth Quarter which bolsters of those in the European Central bank and they say they should add more stimulus. There is where that verizon has approached aol to some combination. The two companies have had discussions about a potential acquisition or joint venture. Meanwhile, dish network has come out with a plan for viewers who do not want to pay all that money to cable tv channels and their cable providers. 20 per month, they are offering plain tv with a dozen channels to be streamed on the internet and among them is espn cnn, and tnt. The ceo of sony has made his first Public Comment on the cyber attack. He spoke at the Consumer Electronics show in las vegas. They were, the victim of on
Their plan to get smaller. German bundesbank executive board member there are some parts of the stress test were more vigorous but others where we are less but its a rigorous stress testaments he only way to regain credibility and revitalize the market eventually. Ecb becomes, the the financial supervisor of the euro area. Affectedre somewhat by the dilma reelection in brazil. The brazilian real is down today. To captured 52 of the vote 48 for the opposition. Under rousseff brazil posted its lowest growth in decades. In ukraine, a big election victory for the party that wants closer ties to the European Union and they will form the next coalition government. Russian leaning parties from Eastern Ukraine lost sadly and voting took lice during a. Theefire brokered by president of Ukraine Ukraine has been battling prorussian rebels for seven months. The white house is not happy with the new ebola policies in new york and new jersey. Anyone traveling from west africa who has been exposed to
Citigroup cites Jane Fraser's performance in executing the "most consequential set of changes to its organisational and management model since the 2008 financial crisis"
Citigroup CEO Jane Fraser s compensation increased by around 6% in 2023. She took home $26 million, even as the US bank reported a fourth-quarter loss of $1.9 billion
Citi has been working to simplify its structure. Analysts debated if such a move would add risk to Citi's revamp, or conversely provide Fraser with more control over the bank's direction.