Citigroup (C) introduces Relationship Tiers, determined on the basis of Combined Average Monthly Balance of customers, to simplify retail banking process.
JPMorgan Chase & Co. JPM, +0.07% and three other banks on Thursday won an appeal in U.S. District Court for the Southern District of New York that held that a $1.78 billion leveraged loan extended in
A rise in NII, a diverse business model and streamlining of its operations internationally are likely to support Citigroup (C). However, escalating costs and muted non-interest income are headwinds.
The reorganization train continues to roll at Citigroup Inc., with further changes in the works under CEO Jane Fraser, according to reports.
Recently, Zacks.com users have been paying close attention to Citigroup (C). This makes it worthwhile to examine what the stock has in store.

Citigroup eyes more fee cuts in ‘coming months'

08:27am, Wednesday, 23'rd Aug 2023
Citigroup Inc. C, -2.50% said Wednesday it plans to cut additional fees in coming months after eliminating overdraft fees, returned item fees and overdraft protection fees starting in 2022. The bank i

Better.Com planning IPO via reverse merger

08:11am, Wednesday, 23'rd Aug 2023
A company that gained notoriety when the CEO canned 900 staff via Zoom is seeking a stock market listing. Online mortgage originator Better.Com is planning to go public via Aurora Acquisition Corp, 
A number of major American banks are in the red today following S&P Globals' credit ratings adjustments on several regional lenders yesterday. Fears of a stock market crash are swirling as equity mark
U.S. banks and regional banks fell across the board on Tuesday, after S&P Global Ratings downgraded five smaller players after a review of risk related to funding, liquidity and asset quality with a f
A steady rise in funding costs due to higher rates, waning loan demand, poor asset quality and probable economic downturn are likely to hurt Zacks Major Regional Banks' financials. However, industry p
In a major corporate business restructuring, Citigroup (C) considers breaking up its ICG division into three separate segments.
Citi (C) is considering a structure overall that would split its Institutional Clients Group into three separate business segments, according to a report from the Financial Times. The proposed move wo

Citi CEO Fraser Weighs Executive Reshuffle

11:39am, Monday, 21'st Aug 2023
Citigroup CEO Jane Fraser has discussed adding executives including Andy Morton, who leads the trading division, and Shahmir Khaliq, who runs treasury and trade solutions, to her executive-managemen
Citigroup Inc (NYSE:C)'s chief executive, Jane Fraser, is contemplating a significant restructuring of the bank's primary division, marking the most substantial reorganization in nearly 15 years, acco
Citigroup Inc. Chief Executive Officer Jane Fraser is reportedly mulling a plan to break up the company's Institutional Clients Group, which made nearly three-quarters of the bank's profit last year,
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