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At Close: Jun 05, 2026
Citigroup Inc. (C) Q4 2023 Earnings Call Transcript
05:58pm, Friday, 12'th Jan 2024
Citigroup Inc. (C) Q4 2023 Earnings Call Transcript
Citigroup announces elimination of 20,000 jobs after losses
04:47pm, Friday, 12'th Jan 2024
Citigroup on Friday said it will slash 20,000 jobs. The reductions will happen 'over the medium-term,' something that should ultimately bring its expenses down by $2-2.5 billion, Citi said.
Citi Reports $1.8 Billion Net Loss, Will Complete Restructuring This Quarter
04:45pm, Friday, 12'th Jan 2024
Citigroup reported a net loss of $1.8 billion for the fourth quarter, attributing that in part to several “notable items.” The items include a special assessment from the Federal Deposit Insurance
Interest rate cuts, inflation, recession among most compelling 2024 themes: Citi
04:35pm, Friday, 12'th Jan 2024
Citi Research listed five of the biggest market and investment themes anticipated for 2024: delayed easing cycles, inflation risks, diverging growth from central banks, broadening of earnings and mark
Citi's CFO Mark Mason on restructuring: It's about being a simpler bank
04:32pm, Friday, 12'th Jan 2024
Mark Mason, Citi CFO, joins 'Closing Bell' to discuss the company's earnings and outlook and firm restructuring.
Citigroup Layoffs 2024: What to Know About the Latest C Job Cuts
03:59pm, Friday, 12'th Jan 2024
Citigroup (NYSE: C ) layoffs are the talk of Wall Street today after the investment bank announced that it will cut 20,000 roles, or 10% of its workforce, in a bid to save as much as $2.5 billion amid
Citigroup's (C) Q4 Earnings Beat Estimates, Revenues Decline
03:47pm, Friday, 12'th Jan 2024
An increase in loan and deposit balances support Citigroup's (C) Q4 earnings. However, a decline in revenues and deteriorating credit quality are near-term headwinds.
The Biggest Banks Reported Earnings Today: This One is the Clear Leader
03:47pm, Friday, 12'th Jan 2024
A slew of bank earnings from the largest financial institutions in the world were released this morning, providing insight into their Q4 and 2023 performance.
Why Are Stocks Down Today?
02:15pm, Friday, 12'th Jan 2024
With stocks down today, it appears many investors are taking a cautious approach to this current environment. Earnings season has just begun, with several large banks kicking off the festivities.
Key takeaways from Big Banks' Q4 earnings results
01:59pm, Friday, 12'th Jan 2024
The Big Four banks — JPMorgan Chase (JPM), Citigroup (C), Bank of America (BAC), and Wells Fargo (WFC) — released their fourth-quarter earnings Friday morning, some with mixed results. JPMorgan, h
US banking giants shed over 17,000 employees in turbulent year
01:40pm, Friday, 12'th Jan 2024
Wells Fargo , Bank of America and Citigroup reduced their workforces by a combined 17,700 last year, the banking giants reported in their fourth-quarter earnings on Friday.
Breaking down big bank earnings
01:40pm, Friday, 12'th Jan 2024
The Investment Committee breaks down the significant bank earnings and picks their favorite name in the sector.
Citi to cut 20K jobs as bank posts worst fourth-quarter loss in 15 years
12:33pm, Friday, 12'th Jan 2024
Citigroup plans to slash 20,000 jobs over the next two years after the struggling bank reported its worst fourth-quarter earnings in 15 years Friday.
Banks Can't Count on Loans For Growth
12:06pm, Friday, 12'th Jan 2024
As interest rates fall, growing loans is getting more important, but also trickier.
PPI Moves Lower, Along with Big Banks on Q4 Earnings
12:02pm, Friday, 12'th Jan 2024
Many of today's PPI metrics clearly point to low-growth elements within the wholesale market.
