Citigroup plans to cut 1,000 jobs this week as part of a restructuring plan announced two years ago, Bloomberg reported Monday (Jan. 12), citing unnamed sources.
Citigroup is set to cut about 1,000 jobs this week, a source familiar with the matter told Reuters on Monday, as part of a plan announced two years ago to reduce the workforce by 20,000 by the end

Big Bank Stocks Tumbled After Trump Said This

05:53pm, Monday, 12'th Jan 2026
A number of banking and financial stocks slumped Monday after President Donald Trump over the weekend suggested capping credit card interest rates.

Citigroup Declares Common Stock Dividend

05:02pm, Monday, 12'th Jan 2026
NEW YORK--(BUSINESS WIRE)--The Board of Directors of Citigroup Inc. today declared a quarterly dividend on Citigroup's common stock of $0.60 per share, payable on February 27, 2026, to stockholders of
U.S. banks and financial institutions on Monday pushed back against President Donald ‌Trump's proposed cap on credit card interest rates, citing new data that showed it would result in millions of A
Citigroup is set to cut about 1,000 jobs this week Bloomberg News reported on Monday, citing people familiar with the matter.
The major lenders on Wall Street will start the fourth-quarter earnings season this week while shareholders monitor their financial reports to understand the direction of the sector for 2026. JPMorgan
C's Q4 results will likely reflect higher revenues as NII and deal-making rebound, yet high costs and deteriorating asset quality might weigh on investor sentiment.
Shares of Capital One plunged more than 7%, while Citigroup slid over 3% and JPMorgan Chase fell about 2%.

Can Bank Stocks Sustain Recent Momentum?

12:26pm, Monday, 12'th Jan 2026
Bank stocks have seen positivity on the back of constructive investor sentiment, with the group expected to benefit from a confluence of favorable developments. These tailwinds range from accelerating
Trump called for the one-year cap on credit card interest rates on Friday night, but it was not immediately clear how he could enact this policy. “Please be informed that we will no longer let the A
A number of banking and financial stocks slumped Monday morning after President Donald Trump over the weekend suggested capping credit card interest rates.
Sen. Roger Marshall, R-Kan., joins ‘Mornings with Maria' to discuss President Donald Trump's call for a 10% credit card interest rate cap, the Federal Reserve power struggle and GOP efforts to rein
Big banks will start releasing their quarterly numbers this week. Let's delve into the earnings potential of the big six banking companies, which could drive the performance of the sector ahead.
The U.S. Supreme Court declined on Monday to hear Citigroup's bid to avoid a lawsuit accusing the bank of causing more than $1 billion of losses by orchestrating a vast fraud at the bankrupt Mexican o
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