BLOOMBERG Citigroup Inc will make sweeping changes to its checking-account offerings as the banking giant makes a deeper push into wealth management. The company is ditching standard account packages and will instead adopt “relationship tiers” that are based on customer’s deposit and investment accounts, according to a statement. As customers plow more money into their Citigroup accounts, they’ll automatically be ...

BLOOMBERG Royal Bank of Canada (RBC) said it plans to cut as much as 2% of its full-time equivalent (FTE) staff in the coming quarter after a surge in expenses weighed on third-quarter results. Non-interest expenses climbed 23% to C$7.86 billion ($5.8 billion) for the fiscal third quarter, compared with the C$7.31 billion average of analyst estimates compiled by Bloomberg. ...

BLOOMBERG UBS Group AG is poised to decide in favour of fully integrating Credit Suisse’s domestic bank, ending months of speculation about the future of the business. The Zurich-based lender has set a target of winding down the Credit Suisse brand in the country, people familiar with the matter said. Executives are preparing for an announcement as soon as the ...