Singapore Tycoon Wee Cho Yaw’s UOB To Buy Citi’s Southeast Asia Consumer Business For $3.6 Billion

Wee Ee Cheong, chief executive officer of United Overseas Bank Ltd. (UOB), holds a news conference … [+] in Singapore, on February 22, 2019. Ore Huiying/Bloomberg United Overseas Bank—controlled...

Swiss National Bank, Citigroup, and Goldman Tested a Joint CBDC Project: Report

The Swiss National Bank (SNB), together with five other banking giants, have reportedly tested whether they can process central bank digital currencies within the nation’s financial network. The insti...

Biogen’s Alzheimer’s Drug Aduhelm Has Another Shot at Success

Illustration by Elias Stein Text size Biogen ’s Alzheimer’s disease therapy, Aduhelm, has been a disappointment for the company since its Food and Drug Administration approval last spring, with early ...

Citigroup will terminate unvaccinated workers by Jan. 31, a first among Wall Street banks

Pedestrians cross a road in front of a Citigroup Citibank branch in Sydney, Australia, on June 1, 2018. Brendon Thorne | Bloomberg | Getty Images Citigroup will be the first major Wall Street institut...