Catherine Leffert - Profile and Journalist Details
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Catherine Leffert
Verified
Reporter, American Banker
Washington
Business, HR communications, environment health and wellness, breaking news
No sports, no politics.
Content
By Catherine Leffert Verified| American Banker@ Citi bank must disburse some $625 million in federal grants to climate groups that the government had previously ordered the bank to freeze, a federal judge said. U.S. District Judge Tanya Chutkan ruled that Citi cannot transfer $14 billion in previously-awarded funds back to the Environmental Protection Agency, and must pay out the millions of dollars that were requested before funds were suspended by the Trump administration.
By Catherine Leffert Verified| American Banker@ This news is developing. Please check back for updates. First Horizon slightly beat analyst expectations in its first quarter, as the benefit of falling deposit costs was offset by the continuation of weak loan growth. The Memphis, Tennessee-based bank also maintained its earnings guidance for 2025, despite increasing uncertainty in the macroeconomic environment.
By Catherine Leffert Verified| American Banker@ Citi bank must disburse some $625 million in federal grants to climate groups that the government had previously ordered the bank to freeze, a federal judge said. U.S. District Judge Tanya Chutkan ruled that Citi cannot transfer $14 billion in previously-awarded funds back to the Environmental Protection Agency, and must pay out the millions of dollars that were requested before funds were suspended by the Trump administration.
Company Info
American Banker
Financial Planning is the leading resource for news, analysis, insights and data for financial advisors across the independent, wirehouse and bank channels. We deliver the essential information, strategies and tools planners need to build and grow thriving practices, position their firms against competitive threats, meet regulatory requirements and best serve their clients.
Rockford, United States
+1 212-803-8200
Founded: 1969