Tag Archives: Royal Dutch Shell
Another top executive is leaving Citigroup. Last month, the giant New York-based bank lost its president, Bob Willumstad. Now Marge Magner, the Citi’s head of consumer banking, is bowing out. Predictably, the Wall Street whisper circuit is crackling — or is it cackling?
Oil prices seem to have topped out — for the time being anyway. That may come as a relief for the broader stock market, but it’s also triggering a near-term “correction” for energy stocks. Should you fear the pullback or welcome it?