Bloomberg JPMorgan Chase & Co. retail clients who don’t live in the US will no longer be able to keep investment accounts as the bank shuts a business that it’s operated for decades. “After careful review, we’ve decided to no longer service Chase retail investment accounts to non-US residents,” said Elizabeth Seymour, a JPMorgan spokeswoman. “This decision allows us to ...

Bloomberg Citigroup Inc. is restructuring its consumer-banking operation in a shake-up that includes the departure of its global credit-card chief. Judson Linville, who ran the world’s largest portfolio of credit-card loans, is leaving as the bank merges that business with its wealth and retail units in the US, according to an internal memo from Stephen Bird, who leads Citigroup’s global ...

Bloomberg Jet Airways India Ltd.’s lenders are reluctant to extend additional loans to the cash-strapped airline ahead of a key report by the company’s financial auditor, according to people with direct knowledge of the matter. India’s biggest full-service carrier, part-owned by Etihad Airways PJSC, had approached banks for emergency funding but the lenders prefer that the company raises money from ...