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The Latest Breaking News from Citi

Citigroup credited client’s account with $81tn before error spotted

US bank meant to send $280 but no funds were transferred despite ‘fat finger’ mistake

The Guardian - UK

AppLovin Stock Drops As Bulls, Bears Debate Its Valuation

AppLovin stock has whipsawed in the past week, surging on quarterly earnings then tumbling on a negative report and rising competition.

Investors Business Daily

UK regulator fines four banks £100m over traders’ sharing of information

HSBC, Citi and Morgan Stanley among five banks CMA investigated for competition law breaches between 2009 and 2013

The Guardian - UK

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Four banks fined £100m over chat room messages

HSBC, Citi, Royal Bank of Canada and Morgan Stanley were all fined, while Deutsche Bank received immunity for reporting its conduct to authorities

The Independent UK

Banks fined £100m after traders shared sensitive information in chat rooms

For four years after the financial crisis bank staff were sharing information about the Government debt they were buying and selling, regulators said.

Evening Standard

Four major City banks fined more than £100 million by watchdog

CMA investigation found that traders were sharing information about the gilts market in chat rooms

Evening Standard

Should You Buy This Cheap Turnaround Stock Now?

Nike trades at less than half of its 2021 high as it battles multiple headwinds. The stock looks quite attractive for someone willing to take a long-term view and bet on the company’s turnaround.

Barchart

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Carrying high-interest debt? Here’s when to consider a balance transfer—and when you shouldn’t

Running the numbers showed that a balance transfer card was right for me, but that’s not the case for everyone. Here’s what you should know.

Fortune

Warren Buffett’s $1.24 billion bet on Modelo maker is 'perfect example of value investing'

Citi's lead beverages analyst Filippo Falorni views Berkshire Hathaway's investment as "a perfect example of value investing."

Fortune

Warren Buffett Sold This High-Yield Dividend Stock. Should You?

Berkshire Hathaway sold over two-thirds of its Citi stake in Q4.

Barchart

Coinbase Clears Earnings Estimates, Revenue Spikes 138%

Coinbase posts triple-digit earnings, revenue gains to crush Q4 expectations. COIN stock rebounds above key moving average.

Investors Business Daily

Dear Nvidia Stock Fans, Mark Your Calendars for February 26

With earnings day approaching, Nvidia fans await Feb. 26 to see if Wall Street’s optimism holds strong or if the rally has truly lost steam amid fresh competition.

Barchart

VeriSign, Warren Buffett's Internet Stock Bet, Breaks Out

VeriSign earnings met views as new domain name registrations rose. VeriSign stock, a Warren Buffett holding, fell in late trading.

Investors Business Daily

IBD Stock Of The Day CRH Scores Breakout On Stake Sale

Construction materials supplier CRH cleared a buy point Thursday after announcing plans to unload its stake in SigmaRoc.

Investors Business Daily

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Fortune

Citi’s Jane Fraser is bucking the RTO trend

CEO Jane Fraser is maintaining a hybrid work policy and positioning the bank's flexibility as a competitive recruitment advantage.

The Guardian - UK

Citigroup commits to hybrid working, bucking Wall Street trend

Managers told letting most staff continue to work up to two days from home will give bank competitive advantage

Barchart

Citi Analysts Are Doubling Down on Nvidia Stock. Should You?

While Nvidia’s historic plunge has investors worried, should they follow Citi's bullish stance on the AI chip giant or wait on the sidelines?

Barchart

Citi Analysts Think This Robotic AI Stock Can Surge Another 25% From Here

This robotic AI stock is a “buy and hold” stock for the long term despite its lofty valuation.

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Tom’s Guide

These 'Cobra Kai' cast members will celebrate the show's final season at PaleyFest L.A.

'Cobra Kai' actors and creators will be in attendance at PaleyFest L.A. 2025 to tease what's coming in the big finale

Investors Business Daily

Northrop Grumman Mixed, RTX Tops Estimates In Busy Defense Week

Lockheed Martin, RTX lead defense earnings on Tuesday. General Dynamics, Northrop Grumman, L3Harris reported results this week.

Barchart

This Outperforming Dividend Stock Could Continue Rallying Under Trump

Citigroup shares hit their 52-week high on Jan. 17. The stock has a healthy dividend yield of 2.8% and could continue to shine under Donald Trump’s presidency.

MarketBeat

Hims & Hers Health: A Stock to Trade or Own?

HIMS achieved remarkable growth in 2024 but now faces challenges in 2025, raising the question of whether it suits traders better than long-term investors.

Fortune

JPMorgan's Marianne Lake is lone female contender in succession race

Piepszak will become the firm's COO, but isn't interested in the CEO job.

Fortune

Citigroup faces £1bn bill on London HQ overhaul amid RTO push

The bank's outlay means it has spent nearly as much on renovations as it did buying the building.

The Guardian - UK

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

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