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The Latest Breaking News from Citigroup

Citi Strata Elite Credit Card Launched To Attract Affluent Customers: Here's How It Stacks Up Against Amex Platinum, JPMorgan Chase Sapphire Reserve

Citigroup Inc.‘s (NYSE:C) new Strata Elite credit card will be launched on Monday, which will be competing against JPMorgan Chase Co.‘s (NYSE:JPM) Chase Sapphire Reserve and American Express Co.‘s (NYSE:AXP) Platinum cards.

Benzinga

When Jamie Dimon's Daughter Asked If They Have To 'Sleep On Streets' After He Was Fired From Citigroup: 'It Was My Net Worth, Not My Self-Worth...'

The CEO of JPMorgan Chase Co. (NYSE:JPM), Jamie Dimon, recently shared a personal anecdote about the day he was fired from Citigroup Inc. (NYSE:C) and the impact it had on his family and career.

Benzinga

Are Buffett and Berkshire About to Bail on Kraft Heinz Stock?

Warren Buffett and Berkshire Hathaway own a lot of Kraft Heinz stock, so what happens when they decide to sell KHC?

Kiplinger

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Citi Exec on Paid Paternity Leave Says 'Silence Is Complicity' Over Gaza—Then Deletes LinkedIn Post After Corporate Pressure

Akshay Singal posted on LinkedIn that he does not support the situation unfolding in Gaza, attaching photos of malnourished children in Gaza.

International Business Times UK

‘Draconian, unethical,’ and ‘soul-killing’: Citi takes leaf out of Goldman’s loyalty oath playbook

The investment banking saga continues as Citigroup asks new analysts to disclose future job offers.

Fortune

S&P 500 Stocks At 52-Week Highs? These ETFs Just Cashed In

What if the next big story in finance isn’t about a single stock but the silent surge of a diverse group of SP 500 members quietly rewriting market records?

Benzinga

Is This Dividend Stock Still a Buy After Rising Nearly 46% in 3 Months?

Citigroup shares have gained nearly 46% over the last three months. The stock has an attractive dividend yield of 2.6% which is higher than most large banks in the U.S.

Barchart

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Supreme Court to rule on cases of traders jailed over rate-rigging

Tom Hayes, a former Citigroup and UBS trader, is challenging his conviction, as is Carlo Palombo, an ex-vice president of euro rates at Barclays bank.

Evening Standard

Wall Street's Most Accurate Analysts Spotlight On 3 Health Care Stocks Delivering High-Dividend Yields

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.

Benzinga

Cyclical Rebound or False Start for These 3 Stocks?

Three cyclical stocks show a potential bottoming and upcoming expansion in valuations and earnings, driven by fundamental turnarounds.

MarketBeat

Jamie Dimon's 1998 firing shocked Wall Street. Then he took a meeting with Jeff Bezos in Seattle

Dimon took the "Acquired" podcast back in time to the "alternate universe" where he said yes to Bezos' offer to become Amazon's president.

Fortune

Citigroup Earnings Could Signal What’s Next for Markets

Citigroup's quarterly earnings show investors a resilient future for the stock market, backed by potentially lower interest rates from the Fed.

MarketBeat

When Jamie Dimon was fired from Citigroup, his daughters asked: 'Will we be homeless? Can I still go to college? Can I have your phone?'

Jamie Dimon recalls his 1998 firing from Citigroup and how buying $60M in Bank One stock marked his comeback to lead JPMorgan Chase as CEO.

Fortune

Stablecoins Are Eating The Dollar's Lunch—Or Are They?

The U.S. must ensure that stablecoin issuers are transparent, accountable, and properly integrated into the broader financial system. That includes rigorous audits, robust liquidity protections, and seamless integration with banking regulation.

International Business Times

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Benzinga

Why Citigroup Is Still The Best Value Bet In Large-Cap Banking

Citigroup (NYSE:C) has kicked off earnings season with strong second-quarter 2025 results, prompting several Wall Street analysts to reiterate positive ratings and raise price forecasts for the banking giant.

Benzinga

Goldman Sachs Delivers Q2 Powerhouse, Stock Set To Outperform

Goldman Sachs Group Inc. (NYSE:GS) reported a solid second quarter for 2025, with results surpassing analyst estimates. The firm demonstrated strong performance across key segments, including significant contributions from its trading and investment banking operations. This quarter’s results also saw the company increase its shareholder returns.

MarketBeat

Rocket Lab Gets New Street-High Price Target from Citi

Citigroup boosted Rocket Lab with a new Street-high price target of $50, citing strong momentum and substantial projected revenue growth.

Benzinga

Bank of America Q2 Loans And Deposits Grow, Efficiency Ratio Increases To 64.58%

Bank of America Corp (NYSE:BAC) reported second-quarter fiscal 2025 net income of $7.1 billion (versus $6.9 billion a year ago) and EPS of $0.89, beating the analyst consensus estimate of $0.87.

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Benzinga

Citigroup Analysts Boost Their Forecasts After Upbeat Earnings

Citigroup (NYSE:C) reported better-than-expected second-quarter financial results on Tuesday.

Benzinga

Disney, Toast, Emerson Electric And A Big Bank On CNBC's 'Final Trades'

On CNBC's “Halftime Report Final Trades,” Cerity Partners’ Jim Lebenthal picked The Walt Disney Company (NYSE:DIS) as his final trade.

Benzinga

Jane Fraser Says Citigroup Exploring Launch Of Citi Stablecoin — CEO Says Dollar Pegged Cryptos 'Next Evolution' Of Payments

Citigroup Inc. (NYSE:C) CEO Jane Fraser revealed the company’s intention to issue a stablecoin on Tuesday as part of the banking giant’s broader dive into digitization.

International Business Times

US Banks See Lower Recession Risk Despite Tariff Fog

Large US banks reported results that topped estimates Tuesday as executives pointed to American economic resilience and said businesses were adapting to tariff uncertainty.

Benzinga

Big Banks Smash Earnings Expectations But Rally Fails To Produce New Fuel

The second-quarter earnings season for banks kicked off with blowout numbers from the biggest names on Wall Street, but investors weren't in the mood to celebrate.

Benzinga

Citigroup Q2 Revenue And Profit Jumps, CFO Says Recession Risk Has Fallen

Citigroup (NYSE:C) reported on Tuesday that the second-quarter fiscal 2025 revenue growth was 8% year-over-year and was $21.7 billion, beating the analyst consensus estimate of $20.9 billion. This growth was driven by each of the five interconnected businesses.

International Business Times UK

'Working With Indians Was a Nightmare': Citi Employee Fired After 12 Years Over Alleged Racist Comment

A London-based Citigroup employee fired for allegedly saying 'working with Indians was a nightmare' is suing for unfair dismissal and race discrimination, claiming his remark was misinterpreted and taken out of context.

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