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Barchart
Barchart
Anushka Dutta

Is Wall Street Bullish or Bearish on Citigroup Stock?

Citigroup

Citigroup Inc. (C), headquartered in New York City, is a global financial services giant. It operates worldwide, offering institutional banking, personal banking, wealth management, and credit card services. The company has a market capitalization of $205.44 billion. 

Citigroup is undergoing a broad restructuring under CEO Jane Fraser, aiming to reduce headcount by 20,000 by the end of 2026. This month, the company announced 1,000 job cuts as part of this restructuring plan. As margins have been supported, the market has reacted positively to this strategy. 

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