The largest U.S. banks face “problematic” exposure to office real estate, but…
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Citigroup Inc.
29 posts
Citigroup posts loss in quarter but made progress with transformation
Citigroup Inc.’s stock was up by 1.9% in premarket trading on Friday…
JPMorgan, Bank of America lead earnings parade of U.S. largest banks to cap off tough year
JPMorgan Chase & Co., Bank of America Corp., Wells Fargo & Co.…
Wall Street bull warns of pause in rally but sees S&P 500 grinding higher in 2024
U.S. stocks are likely to start 2024 with a breather and to…
Citigroup to close distressed-debt desk as bank’s overhaul continues: reports
Citigroup Inc. is reportedly closing its distressed-debt business as the latest part…
Another Treasury bond auction could rattle stocks on Monday. Here’s what investors need to know.
An auction of 20-year Treasury bonds on Monday could rattle markets during…
Bank of America, JPMorgan Chase, Wells Fargo shares shrug off Moody’s outlook cut
Moody’s Investors Service cut its rating outlook to negative from stable on…
Citi to pursue IPO of Banamex, resume ‘modest level’ of stock repurchases
Citigroup Inc. announced Wednesday that it decided to pursue an initial public…
What banks must do to increase number of female CEOs, this diversity expert says
Diversity, Equity and Inclusion (DEI) has been one of the key corporate…
: Megabanks are cutting jobs in 2023 following a year in which they had to ‘grab any human being they could’
Combined headcount at the six largest U .S. banks fell fractionally in…
‘Fed-is-going-to-stop-soon’ trade peters out in stocks, bonds amid prospect of at least one more rate hike
A combination of hawkish remarks by a pair of Federal Reserve officials,…
Big bank earnings in spotlight following historic failures: ‘Every income statement line item is in flux’.
JPMorgan Chase & Co. JPM, -0.11%, Citigroup Inc. C, +0.20% and Wells…
Banks on the line for deposit flows and margin pressure in Q1 updates as they reel from banking crisis
JPMorgan Chase & Co. kicks off what could be the most closely-watched…
From SVB’s sudden collapse to Credit Suisse’s fallout: 8 charts show turbulence in financial markets
A tumultuous week in the U.S. financial markets ended on an uncertain…
First Republic gets deposits of $30 billion from 11 major U.S. banks
Bank of America BAC, Citigroup C, JPMorgan Chase JPM and Wells Fargo…
First Republic loses a third of its value amid reports it’s considering a sale
First Republic Bank’s stock rose Thursday after steep losses earlier in the…
Feds move to crack down on ‘excessive’ credit-card late fees
President Joe Biden is spotlighting new moves by the Consumer Financial Protection…
Dow closes up more than 100 points as earnings season begins, stocks book best week of gains in 2 months
U.S. stocks finished higher Friday, as investors weighed a flurry of bank…
Wall Street’s stock-market forecasts for 2022 were off by the widest margin since 2008: Will next year be any different?
Wall Street often gets it wrong when it comes to anticipating where…
Expect job-market strength to hold despite labor costs pinching company earnings
Not everyone expects to see large-scale layoffs wash over America, even as…
JPMorgan profit falls but beats estimates while Morgan Stanley misses
JPMorgan Chase & Co. shares rose Friday after the megabank beat analyst…