ReutersIndustry News

From Reuters: (Reuters) - Citigroup Inc C.N said it is pulling out of consumer banking in 11 markets, including Japan and Egypt, as the U.S. bank with the biggest international business looks to cut persistently...

From Reuters: WASHINGTON (Reuters) - The U.S. Justice Department is set to decide as early as next week whether to approve the $26.5-billion merger of wireless carriers T-Mobile USA and Sprint Corp, a person briefed...

From Reuters: Social media users are saying they will be deleting their PayPal account after the company said on Monday that they issued an update saying that customers could be fined $2,500 in damages for...

From Reuters: (Reuters) - Wells Fargo & Co WFC.N said on Tuesday that will launch new bank accounts to limit overdraft fees for customers. One bank account will charge a $5 monthly fee, exclude checks,...

From Reuters: (Reuters) - Three companies have emerged to make a joint bid for Citigroup Inc's C.N credit card business in Japan, the Nikkei reported, as the U.S. lender goes ahead with plans to exit...

From Reuters: (Reuters) - Amazon.com Inc is interested in buying prepaid cellphone wireless service Boost Mobile from U.S. carriers T-Mobile US Inc and Sprint Corp, two sources familiar with the matter said on Thursday. Amazon is...

From Reuters: SYDNEY/HONG KONG (Reuters) - Citigroup Inc C.N and Credit Suisse Group AG CSGN.S have dropped out of the U.S. initial public offering of Chinese shared workspace provider Ucommune, baulking at its desired valuation,...

From Reuters: WASHINGTON (Reuters) - A federal judge who is set to assess the Justice Department’s approval of T-Mobile US’s plan to buy rival Sprint Corp said on Friday he would allow comments filed to...