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The Latest Breaking News from Citigroup

Citi To Lay Off 430 Employees In New York

Citigroup announces layoffs of 430 employees in New York as part of efforts to streamline operations and remain competitive in the financial industry.

Top News

Citigroup Wealth Unit Appoints Weintraub To Lead Family Office Group

Citigroup strengthens wealth management by appointing new leader from UBS to enhance services for high-net-worth clients.

Top News

Stocks Slide on Higher Bond Yields and Triple Witching

The S&P 500 Index ($SPX ) (SPY ) this morning is down -0.62%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.36%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.91%. Stocks this morning gave up overnight gains and are moving lower with the...

Barchart

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Citigroup Investigates Senior IPO Banker For Bullying Allegations

Citigroup investigates senior banker for bullying behavior, emphasizing a safe and respectful workplace.

Top News

Citigroup Predicts Boe Rate Cuts Starting In June

Citigroup predicts Bank of England will implement interest rate cuts in June to address economic impact of COVID-19 pandemic.

Top News

Citigroup CEO Predicts Increased Investment Banking Fees, Lower Market Revenue

Citigroup's CEO discusses potential fee increases in investment banking and market revenue decline, offering valuable insights for stakeholders.

Top News

Stocks Close Higher as Inflation Concerns Ease

The S&P 500 Index ($SPX ) (SPY ) on Thursday closed up +0.52%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.12%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.95%. Stock indexes on Thursday posted moderate gains on signs that inflation pressures are...

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Stocks Fluctuate After Inflation Report Released

The S&P 500 Index ($SPX ) (SPY ) this morning is down -0.05%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -.27%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.04%. Stock indexes this morning are fluctuating after the January core personal consumption expenditures...

Barchart

Stocks Climb as Bond Yields Fall on Dovish U.S. Economic Reports

The S&P 500 Index ($SPX ) (SPY ) this morning is up +0.18%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.10%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.52%. Stock indexes this morning are moderately higher on signs that inflation pressures are...

Barchart

Bull Call Spread Screener Results For February 29th

With the market in a bullish mood, it’s a good time to run the Bull Call Spread Screener.

Barchart

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

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

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International Business Times

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.

The Guardian - US

Citigroup to cut 20,000 jobs after steep quarterly loss

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

Top News

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

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...

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StockNews.com

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.

Multichannel News

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

Top 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...

Barchart

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.

StockNews.com

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….

Top News

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.

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...

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