Citigroup initiated a major transformation plan in 2024 in an effort to unlock value and drive higher returns. Management ...
Stocks surged and Treasury yields fell after inflation data came in lower than expected, boosting optimism for rate cuts.
Integrating acquisitions is another focus for Georgakopoulos and his team, as Mondelez has in recent years bought protein bar ...
Citigroup cut its closely watched profitability target in 2026 as it tackles rising regulatory expenses and, at the same time ...
The U.S. stock market was broadly rallying on Wednesday, after the CPI inflation report spurred a drop in Treasury yields. The S&P 500 SPX was up 1.8% on Wednesday afternoon, while the Dow Jones ...
The bank unveiled stronger-than-expected results for the fourth quarter, in which revenue rose across all five of its main ...
Citigroup Inc.’s effort to list its Mexican retail banking operations may stretch into 2026 as it navigates a rocky market, ...
The megabank reported achievements in several areas, but lowered its 2026 expectations for a profitability metric that ...
December's CPI data shows core retail disinflation, leading to a market rally and anticipation of Fed rate cuts starting in ...
On Wednesday, three of the four largest U.S. banks—JPMorgan Chase, Wells Fargo, and Citigroup—will report their earnings for ...
Stocks soared Wednesday as investors digested strong earnings reports from several large financial services companies and ...
Citigroup announced a $20 billion share buyback program while cutting its 2026 profitability target due to regulatory expenses. The bank reported strong fourth-quarter profits driven by trading and ...