SpaceX's financial advisers are laying the groundwork to meet with investors as early as next week to discuss a massive bond offering of at least $20 billion. According to sources familiar with the matter, Elon Musk’s newly public company is seeking substantial Wall Street funding to fuel a highly capital-intensive expansion into artificial intelligence.

America's largest financial institutions are preparing a major blockchain initiative that could significantly reshape the future of banking and digital payments.

Citigroup CEO Jane Fraser and Goldman Sachs chief David Solomon met senior Chinese financial officials in Beijing on Saturday, as both sides discussed strengthening cooperation in wealth management and cross-border financing

Kering shares fell more than 4% in premarket trading after weaker-than-expected sales from its flagship brand Gucci, which reported an 8% decline in first-quarter revenue.

Citigroup reported a 42% jump in first-quarter profit, driven by heightened market volatility that boosted trading activity and strong performance in investment banking.

Top U.S. financial officials have privately warned major banks about potential cybersecurity threats linked to a powerful new artificial intelligence model developed by Anthropic, according to sources familiar with the matter.

Elon Musk is making headlines again, this time for an unconventional demand tied to the highly anticipated SpaceX IPO.

The former Russian unit of Citigroup has announced plans to change its name to RenCap Bank as part of its planned sale to Renaissance Capital.

US and Israeli actions against Iran are likely to remain limited in the near term, as Washington seeks to avoid a wider escalation while maintaining pressure on Tehran over its nuclear programme, according to Citigroup.