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The Latest Breaking News from Citigroup

30 Most Powerful Women In Business: The Titans Of Industry

Here are the women, who are forging paths and breaking barriers across industries, showcasing exceptional leadership and innovation.

International Business Times

Ripple-Owned Metaco's CEO, Product Head Reportedly Leave Crypto Custody Firm

Metaco, the crypto custody firm acquired by Ripple in May 2023, lost two executives Monday: its CEO and head of the company's products unit. The leadership shakeup comes as Ripple continues to fight the SEC in a years-long lawsuit over the crypto company's alleged securities law violations.

International Business Times

Bank of America sends warning letters to employees not going into offices

Letters warned employees that failure to follow return-to-office expectations could lead to ‘further disciplinary action’

The Guardian - US

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What Is a Reverse Stock Split?

A reverse stock split allows a company to reduce its share count and raise its share price. Here's what investors need to know about a reverse stock split.

Kiplinger

US Banks Report Mixed Results, See Consumers As Still Fairly Healthy

Large US banks reported mixed results Friday, dented by exceptional costs connected to job cuts and to replenishing a federal fund tapped during last year's crisis involving midsized lenders.

International Business Times

Citigroup to cut 20,000 jobs after steep quarterly loss

JPMorgan Chase posts record annual profit as earnings season gets under way

The Guardian - US

Citigroup Expects 20,000 Personnel Reductions by 2026

Learn how Citigroup plans to reduce its headcount by 20,000 by 2026, as part of its strategic efforts to streamline operations and improve efficiency.

Top News

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Citigroup reports Citigroup reports Top News.8 billion loss, charges impact earnings.8 billion loss, charges impact earnings

Learn about Citigroup's recent financial results as they report a Citigroup reports Top News.8 billion loss, charges impact earnings.8 billion loss due to various charges impacting their performance. Stay informed on th...

Top News

Citigroup (C) Earnings Preview: 2024 Stock Outlook

Citigroup (C) stands poised for long-term growth owing to its strategic launches, notable loan agreements, and transformative restructuring. However, impending current profitability and stability concern what to do with the stock, with its earnings release around the corner? Read more to find out.

StockNews.com

Citigroup Downgrades Netflix, Predicts It’ll End Up Spending North of $20 Billion on Content Post-Strike

Analyst Jason Bazinet also predicts revenue growth will shrink for the streaming giant

Multichannel News

Earnings Boost: Major US Banks Lead Corporate Bond Market

Get ready for a banking extravaganza! Big US banks are all set to take center stage in the corporate bond arena after their impressive earnings. Brace your...

Top News

Option Volatility And Earnings Report For January 8 - 12

Earnings season is back, with a couple of big names due to report this week including some of the major banks. This week we have Unitedhealth Group (UNH), JP Morgan Chase (JPM), Wells Fargo (WFC), Citigroup (C), Delta (DAL) and Bank of American (BAC) all set to report.

Barchart

Should Investors Keep an Eye on JPMorgan and Citigroup (C) in 2024?

The banking sector has showcased commendable resilience and stability, defying the hurdles encountered at the beginning of 2023. Following a substantial resurgence in bank stocks, let’s examine whether investors should keep an eye on banking stocks Citigroup (C) and JPMorgan Chase (JPM) for 2024. Read on….

StockNews.com

Citigroup to Bid Adieu, Shuts Global Distressed-Debt Operations

Citigroup makes a bold move, deciding to close its global distressed-debt business. This surprising decision sends shockwaves through the financial world.

Top News

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Barchart

Stocks Fall in Afternoon Trading

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -1.02%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.83%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.13%. Stocks are lower on economic concerns due to weak...

Barchart

Stocks Recover Early Losses as Soft-Landing Prospects Improve

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.10%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.02%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.17%. Stocks recovered early losses this morning and are modestly...

Capital & Main

Despite Historic Pay Discrimination Settlement, Little Has Changed for Women on Wall Street

The $215 million deal made headlines, but the industry pay gap persists, along with new cases of sexual harassment.

Top News

Citigroup's China Bank Plans Stalled by Data Law

Unforeseen riddles of regulatory compliance! Citigroup's China venture hits a snag, as new data laws throw a curveball in their investment pursuits.

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Top News

Citigroup Shuts Down Municipal Underwriting Unit: Memo

Citigroup's thrilling chapter takes a twist - the banking giant writes its finale for their municipal underwriting unit; an intriguing corporate move!

Top News

Citi's NZ Unit Breaches International Payment Rules!

The dance of finance has missed a step! New Zealand's central bank waves a wagging finger at Citigroup's junior partner over a slight stumble in internatio...

Top News

Citigroup Entices Departures with Early Partial Bonuses

Citigroup spins a tempting tale, offering a healthy sprinkling of early bonuses. A not-so-subtle nudge for departures? Magic? Nope! Simply business.

Fortune

Citigroup used a London banker as ‘scapegoat’ in $45m failure—now he wants to return to work for the bank after winning an unfair dismissal lawsuit

Ian Weir was fired by the bank in 2021 but his lawyers argued he was used as a "scapegoat" in a "cleaning house" operation.

Barchart

Stocks Climb as Strength in Chip Stocks Leads the Broader Market Higher

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Monday closed up +0.39%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.43%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.85%. Stocks on Monday posted moderate gains, with the S&P...

Barchart

Stocks Push Higher on Strength in Chip Stocks

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.07%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.19%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.43%. Stocks this morning are modestly higher, with the Dow...

International Business Times

Big Bank CEOs Testify Against Basel III Endgame Before Senate Committee

The CEOs of eight top banks visited Capitol Hill on Wednesday to testify against Basel III Endgame, the final stages of regulations in the works for 15 years.

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