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$132.27
-0.530 (-0.399%)
At Close: Jul 22, 2026
Citigroup reportedly mulling swingeing job cuts with up to 24,000 set for the axe
09:09am, Monday, 06'th Nov 2023
Citigroup Inc (NYSE:C) is contemplating a significant workforce reduction, potentially cutting 10% of its employees, as CEO Jane Fraser embarks on a major restructuring initiative, internally dubbed "
Citigroup pursuing ‘Project Bora-Bora' with staff reductions of at least 10% in some areas: report
08:48am, Monday, 06'th Nov 2023
Citigroup Inc.'s stock C, +3.53% was up by 0.3% in premarket trading on Monday after CNBC-TV reported layoffs of at least 10% in some departments as part of a previously-announced restructuring under
Citigroup mulls deep job cuts for CEO Jane Fraser's corporate overhaul, called 'Project Bora Bora'
08:14am, Monday, 06'th Nov 2023
Citigroup CEO Jane Fraser may preside over some of Wall Street's deepest job cuts in years as she faces mounting pressure to fix the third-largest U.S. bank.
Top Wall Street analysts say buy these dividend stocks for enhanced returns
06:36am, Sunday, 05'th Nov 2023
TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including McDonald's and AT&T.
Citigroup: Can Jane Fraser Save Citi?
07:45pm, Friday, 03'rd Nov 2023
The inability to correct underlying issues identified in multiple consent orders going back years has caused significant pain for the company and the stock. Jane Fraser's 2022 Investor Day plan is sup
Bank stocks mixed after Fed leaves rates unchanged, as Bank of America dips while Goldman Sachs rises
02:11pm, Wednesday, 01'st Nov 2023
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
Investors should ‘be patient' with beaten-down bank sector, buy-side fund manager says
11:51am, Wednesday, 01'st Nov 2023
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 Doesn't Want To Pay 10% On Its Preferred Shares
11:40am, Saturday, 28'th Oct 2023
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: Deep Dive Analysis Highlighting Its Turnaround Prospects
04:08pm, Friday, 27'th Oct 2023
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 Employees Have Pitched 350 Use Cases for Generative AI
11:47am, Friday, 27'th Oct 2023
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 Fed terminates cease and desist order against Citigroup related to anti-competitive foreign exchange practices
01:00pm, Thursday, 26'th Oct 2023
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.
