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The Latest Breaking News from Citigroup

Citigroup's China Expansion Plans Hit After Failing To Fix Data Management, Risk Control Issues: Report

The fines have hindered the bank's ability to comply with licensing regulations in China. And, to expand its operations into China, the bank needs a clearance letter from the U.S. Federal Reserve.

International Business Times

The next banking crisis could be spurred by climate change

A first-of-its-kind analysis suggests 1 in 4 banks are at risk of a wipeout from unchecked climate change.

Fortune

Gold $3,000 is Coming. Here's How to Invest.

Western investors, through physical ETFs, are finally joining the global gold rush led by central banks, Asian investors, and wealthy investors. Holdings of physically backed gold ETFs have risen by 90.4 tons, equivalent to $7.3 billion, since May, according to data from the World Gold Council, and GLD holdings expanded…

Barchart

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Tech Stocks Close Lower on Weakness in Apple and Chip Stocks

The S&P 500 Index ($SPX ) (SPY ) Monday closed up by +0.13%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up by +0.55%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down by -0.47%. Stocks on Monday settled mixed, with the Dow Jones Industrials posting...

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Stocks Pressured by Apple and Chip Stocks

The S&P 500 Index ($SPX ) (SPY ) today is down by -0.19%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up by +0.40%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down by -0.92%. Stocks today are mixed, with the Dow Jones Industrials posting a...

Barchart

Stocks Pressured by Weakness in Apple and Chip Stocks

The S&P 500 Index ($SPX ) (SPY ) today is down by -0.18%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up by +0.47%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down by -0.84%. Stocks today are mixed, with the Dow Jones Industrials posting a...

Barchart

Stocks Climb on Chip Stock Strength and Lower Bond Yields

The S&P 500 Index ($SPX ) (SPY ) today is up by +0.41%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up by +0.49%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +0.22%. Stocks today are moderately higher, with the S&P 500 and Dow...

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Is Citigroup Stock Outperforming the S&P 500?

Although Citigroup has outperformed the broader S&P 500 Index over the past year, Wall Street analysts maintain a cautiously optimistic outlook about the stock’s prospects.

Barchart

'Get A Machine Gun And Kill Them All!': July Video Shows Alleged Citi Employee Explode At Protestors

A Citigroup employee's aggressive outburst towards protesters blocking the bank's New York headquarters has sparked outrage, intensifying tensions between the financial giant and environmental activists demanding an end to fossil fuel financing.

International Business Times UK

To Repair Its Reputation, Citibank Must Fix Its Culture

Citigroup has been hit with a torrent of suits and scandals in recent years -- all centered on the abusive way the bank has treated its customers.

International Business Times

Stocks Settle Higher on Improved Fed Rate Cut Prospects

The S&P 500 Index ($SPX ) (SPY ) Wednesday closed up +0.42%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.14%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.53%. US stocks Wednesday settled higher, with the S&P 500 posting a 1-month high, the...

Barchart

Stocks Climb on Positive Corporate News and Lower Bond Yields

The S&P 500 Index ($SPX ) (SPY ) today is up +0.13%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.07%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.33%. US stocks today are modestly higher, with the S&P 500 posting a 1-month high,...

Barchart

In lawsuit, broker alleges Citi trader sexually harassed her for years

Christine O’Reilly’s supervisor at ICAP ignored her complaints to protect a client who was bringing in millions, suit claims.

Fortune

Citigroup Stock Outlook: Is Wall Street Bullish or Bearish?

Despite Citigroup’s relative outperformance over the past year, Wall Street analysts remain cautiously optimistic about the stock's prospects.

Barchart

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Fortune

‘Goliath is winning” report explains why JPMorgan, Goldman Sachs and Morgan Stanly are all beating capital markets expectations

Wells Fargo’s latest report on large cap banks shows all five of America’s largest banks, including Citigroup and Bank of America, are beating expectations

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S&P 500 and Dow Jones Industrials Post Record Highs on Rate Cut Optimism

The S&P 500 Index ($SPX ) (SPY ) Friday closed up +0.55%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.62%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.59%. Stock indexes Friday settled higher, with the S&P 500 and Dow Jones Industrials posting...

Barchart

S&P 500 and Dow Jones Industrials Post Record High on Rate Cut Optimism

Kiplinger

Stock Market Today: Markets Bounce Back on Rate-Cut Optimism

The latest readings on consumer sentiment and inflation helped lift the odds of the Fed easing in September.

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Kiplinger

JP Morgan Chase Tops Q2 Expectations: What to Know

JP Morgan Chase released its second-quarter earnings results. Here’s what you need to know.

Barchart

Stocks Move Higher on Improved Fed Rate Cut Prospects

The S&P 500 Index ($SPX ) (SPY ) today is up +0.92%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.75%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.19%. Stock indexes today are higher, with the Dow Jones Industrials posting a 7-week high....

Kiplinger

Citigroup Reports Q2 Earnings: Buy, Sell or Hold?

Citigroup stock is down despite reporting second-quarter earnings results that topped analysts’ expectations. Here’s what you need to know.

International Business Times

Mixed Profits At US Banks Amid Weaker Signs From Low-income Customers

JPMorgan Chase and Citigroup reported increased second-quarter profits Friday despite somewhat higher costs to account for bad loans in light of greater stress on lower-income customers.

Kiplinger

Wells Fargo Stock Falls Despite Q2 Beat: Buy, Sell or Hold?

Wells Fargo stock is down despite reporting better-than-expected second-quarter earnings results. Here’s what you need to know.

Barchart

Stocks Climb Despite Strong US June PPI Report as Chip Stocks Rebound

The S&P 500 Index ($SPX ) (SPY ) today is up +0.25%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.38%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.20%. Stock indexes today are moderately higher. Stock index futures today initially moved lower as...

Barchart

Stocks Tick Higher After U.S. PPI Data and Big Bank Earnings

September S&P 500 E-Mini futures (ESU24) are trending up +0.12% this morning, stabilizing after yesterday’s tech-led selloff, with investors looking ahead to crucial U.S. producer inflation data and earnings reports from some of the biggest U.S. banks.

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