$132.47
-2.66 (-1.97%)
At Close: Jun 05, 2026
The FDIC Assessed $16 Billion to Banks For Last Year's Banking Failures: Here's How Much the Big Banks Are Paying
08:13am, Monday, 22'nd Jan 2024
The failures of Silicon Valley Bank and First Republic Bank last year cost the Federal Deposit Insurance Corporation (FDIC) $18.7 billion. The FDIC imposed a special assessment on 114 financial instit
Warren Buffett tells Citigroup CEO Fraser to keep going with overhaul -source
08:07pm, Friday, 19'th Jan 2024
Over a recent lunch with Warren Buffett, Citigroup CEO Jane Fraser outlined her latest round of reorganization efforts to simplify the bank. He told her to keep going.
With Solid Profits, Citigroup Is Righting the Ship
08:00am, Friday, 19'th Jan 2024
Financials sector earnings have been mixed so far. Decent numbers were reported by JPMorgan Chase & Co. (JPM, Financial), while Bank of America Corp. (BAC, Financial), Wells Fargo & Co. (WFC, Financia
Q4 Earnings Season Kicks Off Positively
07:51pm, Wednesday, 17'th Jan 2024
Note: The following is an excerpt from this week's Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods,
Small caps to the moon? Analyst says Russell 2,000 will end 2024 above 3,000
05:43am, Wednesday, 17'th Jan 2024
The modern stock market is filled to the brim with near-legendary names of titanic companies that – especially in the technology sector – practically dominate our world.
US banks show improved earnings visibility in 4Q
03:13pm, Tuesday, 16'th Jan 2024
US bank earnings, with more than $1 trillion in market capital reported on the first day of the fourth quarter earnings season alone, support the view of Bank of America analysts for a continued re-ra
Citi could be a stock that Wall Street's unfairly given up on, says Oakmark's Bill Nygren
12:31pm, Tuesday, 16'th Jan 2024
Bill Nygren, Oakmark portfolio manager, joins 'Money Movers' to discuss his thoughts on stocks the markets may be ignoring, his view on General Motors, and more.
Big US banks to call on Fed to rewrite contentious bank capital rule
06:05am, Tuesday, 16'th Jan 2024
Banks on Tuesday will urge the U.S. Federal Reserve to completely overhaul a draft rule hiking bank capital, in the latest leg of Wall Street's effort to water down the Basel Endgame proposal that ban
Citigroup (C) to Eliminate 20,000 Jobs, Enhance Performance
02:17pm, Monday, 15'th Jan 2024
Citigroup (C) plans to cut 20,000 job positions over the medium term. This is expected to reduce its expense base, thereby positively impacting its future performance.
3 retailers to compound your wealth this cycle
09:01am, Monday, 15'th Jan 2024
Today's market is the epitome of opportunity for those who know where to look. Considering that most market analysts suggest the stock market is overvalued today, by measures such as the Buffett indic
Rising credit card delinquencies make these stocks your safer bet
08:46am, Monday, 15'th Jan 2024
The credit cycle, as well as the business cycle in the United States economy, is getting underway for a major pivot coming into 2024. Whether you are a long-term investor or enjoy dabbling in and out
S&P 500 forecast for end of 2024
08:23am, Monday, 15'th Jan 2024
Last year, and its final quarter in particular, saw remarkable growth both on the stock market and with numerous cryptocurrencies.
Citigroup: 20,000 Job Cuts Big Step Towards Richer Earnings And Investor Payouts
12:44am, Sunday, 14'th Jan 2024
Citigroup reported a worse-than-expected top line and a $1.8 billion loss, but the loss was mostly due to restructuring charges. The bank announced plans to cut 20,000 jobs and exit competitive and ri
Citigroup's Series J Preferred Shares: C.PR.J, 9.4% Yield From The Bank
11:58pm, Friday, 12'th Jan 2024
Citi reported strong earnings on January 12, but fell short of revenue expectations. The institution reported robust overall results, with a very healthy 13.3% Tier 1 Capital ratio. Citi's Series J pr
Breaking Down Early Q4 Earnings Results
09:03pm, Friday, 12'th Jan 2024
We are off to a good enough start in the Q4 earnings season, though it may be hard to reach that conclusion from the seemingly 'noisy' big bank results.
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