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The Federal Reserve asks Citigroup (C) to make urgent changes in the way it measures the default risk of its trading partners.

5 Warren Buffett Approved Dividend Stocks

01:09pm, Monday, 12'th Feb 2024
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Citigroup Inc (NYSE:C) has been asked by US regulators to make “urgent changes” to the way it measures the default risk of its trading partners, according to an exclusive report by Reuters citing
Citigroup (C) is planning to reduce 10% of its Wealth segment workforce in London, which will likely lower its expense base.
Big news dropped last week that could point to the end of widespread trouble for  bank stocks. In a surprising move, Morgan Stanley analyst Betsy Graseck upgraded all three of these bank stocks.
Betsy Graseck, Morgan Stanley managing director, joins 'Money Movers' to discuss the firm's recent upgrade of bank stocks, the importance of recent news for the banks, and more.
The collapse of the wealth-management business is one reason why Citi's stock is stuck in a deep slump and CEO Jane Fraser is under pressure to boost profits.

Bearish On C, NFLX & Bullish On XLE

03:11pm, Wednesday, 31'st Jan 2024
Citigroup (C), Energy Sector ETF (XLE), and Netflix (NFLX) are today's big three stocks and ETF. Don Kaufman and Rick Ducat discuss how to trade and the technical trends of these names.
Citigroup (C) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

3 big banking stocks that just got upgraded

09:11am, Wednesday, 31'st Jan 2024
With expectations rising for the Fed to cut rates sometime this year, banking stocks are very much back in focus. While it was looking like 2023 was going to go down as one of the poorer years in the
Oppenheimer analyst Chris Kotowski has reiterated overweight ratings on Goldman Sachs Group Inc. and Jefferies Financial Group Inc. as standouts among a class of relatively cheap big-bank stocks.
New York Attorney General Letitia James accused Citi of failing to protect fraud victims. In a lawsuit filed Tuesday (Jan. 30), the state's top prosecutor alleged that the banking giant has no protect
Joe Terranova and Jenny Harrington join CNBC's Halftime Report to pick their favorite financials in the sector.
"Banks are supposed to be the safest place to keep money, yet Citi's negligence has allowed scammers to steal millions of dollars from hardworking people," James said.
The attorney general's office said the alleged failure cost victims millions in dollars.
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