Bank stocks continued to trade mixed after the Federal Reserve said it would leave interest rates unchanged, as expected. Bank of America Corp. BAC dipped fractionally after losing 0.3% shortly before
The clouds over bank stocks aren't expected to clear anytime soon, fund manager Dave Ellison said, but some names remain attractive based on valuation.

7 Dividend Stocks That Are a Recipe for Disaster

10:09am, Wednesday, 01'st Nov 2023
Following the rise in interest rates, many stocks, including shares in large, well-known companies, now sport relatively high dividend yields. Yet before you decide to buy, beware of the names best le

3 Floundering Financial Stocks to Sell STAT

02:46pm, Tuesday, 31'st Oct 2023
Financial stocks are struggling on multiple fronts. First, legacy financial and banking institutions face increased credit risk as high rates push depositors away and into money market funds and fixed
Citigroup's preferred shares may be called due to the use of the SOFR benchmark rate, making some of the preferred equity expensive. Citigroup's Q3 results show stable net interest income and increase
Citigroup is focused on simplifying its financial services portfolio to improve profitability and competitiveness in the long run. The bank's turnaround strategy, led by CEO Jane Fraser, aims to dives

Citigroup's Quarter? It's Complicated.

12:41pm, Friday, 27'th Oct 2023
We also chat with IWG CEO Mark Dixon about the changing role of the office.
Citigroup is planning to leverage generative artificial intelligence (AI) to analyze documents, improve efficiency and ensure compliance with regulations. The potential applications of generative AI
The Federal Reserve on Thursday said it has terminated a 2015 cease and desist order related to foreign exchange trading practices at Citigroup Inc. C, +0.92%. The move comes after a unit of the bank
Rising interest rates and the collapse of Silicon Valley Bank caused bank stocks to plummet earlier this year as financial institutions grappled with the consequences of the global credit crunch.
In the bustling world of Wall Street, a few names command unrivaled respect — and Warren Buffett stands tall among them. For decades, investors have turned to Warren Buffett stocks not just as a ben
Recently, Zacks.com users have been paying close attention to Citigroup (C). This makes it worthwhile to examine what the stock has in store.
Bank stocks have danced to a relatively volatile rhythm over the past year, with market downturns and growing withdrawals having orchestrated a rather challenging environment. However, there's more to
Citigroup CEO Jane Fraser says “it's hard not to be a little pessimistic” amid the conflict in the Middle East. “There is a new S in ESG which is security, be it food security, energy security
Citi's Series J preferred shares offer a high dividend yield of 9.5%. Rising interest rates have increased Citi's net interest income and margin, despite a decrease in the interest rate spread. Citi i
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