Long-term interest rates have been declining rapidly over the past two months. The timing is still good for income-seeking investors to buy shares of bond funds and one excellent example is the ICON F

Citi and JPMorgan upgraded to ‘buy' at Daiwa

01:31pm, Monday, 18'th Dec 2023
The 'Halftime Report' Investment Committee debate the bank trade in one of the biggest analyst calls of the day.
Citigroup (C) will reportedly split its Mexico retail unit Banamex from its corporate and investment banking business in the country by the second half of 2024.
Bank stocks are cheap and could see higher multiples with rate cuts and a manageable credit environment. Citigroup has lately been making good progress in restructuring its operations, setting up for
Citigroup employees worried about CEO Jane Fraser's sweeping overhaul expressed concern over whether their jobs will exist in the new year.
Citigroup Inc (NYSE:C) is shutting down its municipal underwriting and market-making division, according to an internal memo, Reuters reported. “The economics of these activities are no longer viab
Citigroup Inc.'s stock C, +1.82% was up by 0.7% in premarket trading on Friday after the bank said in an internal memo it's shutting down its municipal underwriting and trading units by March 31 of 20
Citigroup has decided to close its municipal underwriting and market-making activities, according to a memo seen by Reuters.

Citigroup Is Shutting Down Municipal Business

06:15pm, Thursday, 14'th Dec 2023
Citigroup Inc. is shutting its municipal business as it seeks to increase the firm's overall returns. Sally Bakewell reports on Bloomberg Television.
Corporate bonds from the big money-center banks are rallying in concert with their stock prices amid more bullish sentiment on Wall Street about potential interest-rate cuts in 2024.

Why Are Bank Stocks Up Today?

10:31am, Thursday, 14'th Dec 2023
Bank stocks are up today and investors wonder why have come to the right place! The reason that bank stocks are up on Thursday has to do with an update from the Federal Reserve.
The markets had a strong week fueled by optimistic economic data, with the S&P 500 increasing by 1.2% and the Dow Jones climbing by 2.41%. The Dividend Harvesting Portfolio finished up 5.17% on invest
The news comes at a time when the bank is undertaking a sweeping reorganization that is expected to be complete by the end of the first quarter of next year.
A new report from investment bank Goldman Sachs (NYSE: GS ) claims that hedge funds are dumping bank stocks heading into year's end. According to Goldman, hedge funds sold bank and financial related s
In the latest trading session, Citigroup (C) closed at $48.15, marking a -1.51% move from the previous day.
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE