Citigroup Stock News

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) 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.

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

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

Last year, and its final quarter in particular, saw remarkable growth both on the stock market and with numerous cryptocurrencies.

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

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

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.

Citigroup Inc. (C) Q4 2023 Earnings Call Transcript

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.

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

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

Mark Mason, Citi CFO, joins 'Closing Bell' to discuss the company's earnings and outlook and firm restructuring.

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

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.