Citigroup's stock (NYSE: C) has lost 28% YTD, as compared to the 22% decline in the S&P500 over the same period.
The Federal Reserve Board announced Thursday that it will conduct a climate risk analysis involving six of the largest U.S. banks beginning next year.
Yahoo Finance's Alexandra Semenova joins the Live show to discuss U.S. regulators announcing $1.8 billion in penalties for Wall Street banks.
The heads of some of the world's top banks and asset managers will attend an investment summit in Hong Kong on Nov. 2, the city's financial regulator said on Thursday, signalling a re-opening of the f

3 Undervalued Bank Stocks to Buy Now

02:47pm, Wednesday, 28'th Sep 2022
Wall Street has not been kind to most financial stocks so far in 2022. Despite the potential for bank earnings to increase due to rising interest rates, worries over a global recession have weighed on
The U.S. Federal Reserve Board should consider relaxing bank-merger guidelines focused on branch concentration, last updated in 1995, to account for competition from financial technology companies, Mi
Barclays PLC (LSE:BARC), Goldman Sachs (NYSE:GS) and Credit Suisse were among a host of companies fined by the US regulator for traders' use of their phones for work communication, and not properly ma
Goldman Sachs, Citigroup and other financial giants have agreed to pay regulators $1.1 billion in penalties for not monitoring employees using unauthorized messaging apps, according to a press release
Yahoo Finance's Seana Smith breaks down major stock moves after the closing bell.
Banking giants including Goldman Sachs and Citigroup agreed to pay regulators $1.1 billion in penalties for failing to monitor employees using unauthorized messaging apps. Sri Natarajan has more on
More than a dozen financial institutions agreed to pay more than $1 billion collectively for failing to properly collect employees' text messages for their records, the Securities and Exchange Commiss
The SEC and the CFTC are preparing to disclose the results of the investigation as soon as Wednesday that could see them extracting total fines of around $2 billion, according to a person with knowled
The refreshed strategy is very sensible and execution is going well. Interest rates are a huge tailwinds.

Citi to Cut Lending to Private Equity Firms

03:58pm, Friday, 23'rd Sep 2022
Citigroup is undertaking drastic cutbacks on the amount of money it lends to private equity firms and other asset managers as big banks try to adhere to strict new regulations on capital. The lending
Stocks continued to fall in the wake of the Federal Reserve's September meeting earlier this week.
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