Citigroup

US bank stocks face their longest weekly losing streak since 2008, dropping 11% since September despite solid third-quarter earnings and stable loan performance.

Major US banks, including Citigroup and Bank of America, are restricting AI agents from customer accounts to prevent billions in deposit outflows to higher-yielding alternatives.

Iran bypasses sanctions by routing billions of dollars annually through US correspondent banking networks. The Donald Trump administration is cracking down on foreign institutions aiding Tehran's shadow banking system.