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The Latest Breaking News from Citi

Citigroup commits to office working with £1bn Canary Wharf tower revamp

US bank will spend almost as much to renovate Citi Tower skyscraper as it paid for site in the first place

The Guardian - UK

Citibank App Outage: Customers Alarmed By Fraud Alerts, Access Troubles

Technical problems with Citibank's mobile app prevented users from accessing their accounts. The bank is attempting to fix the issue.

International Business Times

US Bank Profits Rise As Wall Street Hopes For Merger Boom

Large US banks reported soaring profits Wednesday propelled by strength in trading and financial advisory services as Wall Street eyes a potential merger boom under the incoming Trump administration.

International Business Times

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Citigroup Stock Jumps on Earnings, $20 Billion Stock Buyback News

Citigroup stock is soaring Wednesday after the big bank topped earnings expectations and unveiled a massive stock buyback program. Here's why that's important.

Kiplinger

Why McDonald's Is About to Become a $300 Stock Again

As we head into the first couple of weeks of the year, bullish analyst updates are setting the stage for what could be a strong rebound in 2025.

MarketBeat

Analysts Are Doubling Down on This Warren Buffett Stock for 2025

Warren Buffett’s Berkshire Hathaway has increased its stake in VeriSign, a dominant player in internet infrastructure.

Barchart

SoftBank’s Masayoshi Son chases Nvidia

Also: Meta takes censorship memo from X, Nvidia trounces competitors in market cap, optimism about M&A.

Fortune

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Wall Street bails on climate coalition

Goldman Sachs, Wells Fargo, Morgan Stanley, Citi and Bank of America all left the Net-Zero Banking Alliance

Salon

Citigroup's Quarterly Earnings Preview: What You Need to Know

Citigroup is set to unveil its fourth-quarter earnings in the coming month and analysts expect a massive double-digit surge in earnings.

Barchart

Linda Apsley – Technology and Innovation Brings Insights from a Seasoned Executive

Linda Apsley is a distinguished technology executive known for her impressive blend of technical expertise and leadership acumen. Her career spans various sectors, including technology, retail, media, banking, and insurance, where she has ...

USA Today Sports Media Group

Citigroup CFO Mark Mason tells Goldman Sachs audience why his bank failed to meet regulatory requirements as part of $400 million penalty

The chief financial officer explained how the way Citigroup was founded is contributing to problems complying with regulatory requirements.

Fortune

Major Banks Advance Blockchain Use With Digital Cash, Stablecoins

Citi and Société Générale are making strides in blockchain technology in traditional banking.

Benzinga

Private Credit Tokenization Hits $650 Million Monthly, Setting A New Benchmark

The private credit market is witnessing a transformation as blockchain technology enables tokenization at an unprecedented pace.

Benzinga

Why This Defensive AI Stock Will Be a Big Winner

As analysts call for defensiveness in the semiconductor sector, this top equipment maker stands out.

Barchart

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Benzinga

American Airlines Partners With Citi, Issues Strong Profit Outlook

American Airlines (AAL) reports better than expected Q4 outlook and new credit card partnership. Stock up 14.08% at $17.08 on Thursday.

Barchart

Citi Says This Warren Buffett Stock Is a Sell, Here's Why

With Warren Buffett’s partial exit and growing skepticism from analysts like Citi, this fintech darling is facing mounting doubts about its future growth potential.

Top News

South Korea's Kospi Index Recovers After Initial Drop

South Korea's Kospi index fluctuates, won strengthens against USD. Citi economists optimistic about short-term impacts, proactive policy responses.

Barchart

Buy This High-Yield Dividend Stock That Looks Set to Shine Under Trump’s Presidency

Bank stocks have rallied after Donald Trump's election on hopes of favorable regulations under his tenure. With a dividend yield of over 3%, Citigroup looks like one bank stock to buy to bet on Trump's presidency.

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Barchart

3 'Strong Buy' Large-Cap Stocks to Buy and Hold

Large-cap stocks are known to strike a balance between stability and growth.

Benzinga

Nvidia's Next Big Catalyst? Analyst Sees Jensen Huang-Led Company's Stock Jumping 27% By Early 2025

Investors are eyeing a potential surge in Nvidia Corp. (NASDAQ:NVDA) stock, with analysts predicting a significant rise in the early days of 2025. The anticipation is fueled by expectations surrounding CEO Jensen Huang‘s keynote address at the event.

Barchart

Don't Overlook This Midstream Energy Dividend Stock, Says Analyst

This article highlights a midstream energy dividend stock that a Citi analyst considers to have significant long-term value.

The Independent UK

Clothing mogul and former Nets co-owner sues Citibank to get back 29 million credit card points

Exclusive: “If they can get away with taking someone’s 29 million points, they can do it to anyone, at any time,” Arthur Rabin’s attorney told The Independent.

Barchart

1 Magnificent Semiconductor Stock With Massive AI Upside

Boasting record sales and AI server dominance, this semiconductor stock earns Citi’s bullish nod, signaling a strong investment opportunity.

Barchart

1 AI Stock to Buy and Hold for Long-Term Growth

Pure Storage stands out in AI data storage, bolstered by a new partnership with CoreWeave and a solid financial track record, making it an intriguing stock for AI-focused investors

Barchart

This 'Magnificent 7' Stock is a Buy for 32% Upside Potential

This standout stock from the 'Magnificent 7' group is recommended for purchase with a projected 32% upside potential.

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