Bank of America weighs credit card with 10% rate
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Bank of America CEO Brian Moynihan expects his bank’s workforce to shrink as the lender leans into AI. Citi CEO Jane Fraser, meanwhile, said the “bar is raised” for working at the bank.
We recently published 11 Stocks on Jim Cramer’s Radar. Citigroup Inc. (NYSE:C) is one of the stocks on Jim Cramer radar. Banking giant Citigroup Inc. (NYSE:C)’s shares are up by 66% over the past year.
Bank of America BAC and Citigroup C are among the largest U.S. banks, heavily exposed to interest rate cycles, loan growth and global financial markets. They provide diversified financial services, including commercial banking, investment banking, wealth ...