Exclusive: Citigroup sees loan book hit in climate action ramp-up, document shows
Citigroup could suffer billions of dollars of losses in its loan book if the world sped up efforts to tackle climate change, according to a confidential analysis prepared by the U.S. bank that was rev...
1 hour ago - Reuters
Calls of the Day: Live Nation, Citigroup and Boeing
The Investment Committee discuss the latest Calls Of The Day.
Other symbols: BALYV
18 hours ago - CNBC Television
Seven bank-stock picks as industry nears ‘positive inflections'
There are always doom-and-gloom warnings in the financial media that the stock market is headed for a tumble, regardless of market conditions. These days, some warnings center on stock valuations appe...
Other symbols: BACGSJEFJPMMSUSB
20 hours ago - Market Watch
Citigroup CEO says US consumers are turning more cautious on spending
Citigroup CEO Jane Fraser said U.S. consumers are becoming more cautious with their spending, making smaller purchases.
20 hours ago - Reuters
Citigroup Announces $2.0 Billion Redemption of 0.981% Fixed Rate / Floating Rate Notes due 2025 and $500.0 Million Redemption of Floating Rate Notes due 2025
NEW YORK--(BUSINESS WIRE)--Citigroup Inc. is announcing the redemption, in whole, constituting $2,000,000,000 of its 0.981% Fixed Rate / Floating Rate Notes due 2025 (the “fixed rate / floating rate n...
4 days ago - Business Wire
Expect Citigroup stock to double by the end of 2026, says Wells Fargo's Mike Mayo
Mike Mayo, Wells Fargo senior bank analyst, joins 'Squawk Box' to discuss the state of the banking sector, why Citigroup is his top bank stock pick, impact of Citi's restructuring, and more.
6 days ago - CNBC Television
Citigroup Announces C$56.782 Million Redemption of 5.160% Fixed Rate / Floating Rate Subordinated Notes due 2027
NEW YORK--(BUSINESS WIRE)--Citigroup Inc. is announcing the redemption, in whole, constituting C$56,782,000 of its 5.160% Fixed Rate / Floating Rate Subordinated Notes due 2027 (the “notes”) (ISIN: CA...
6 days ago - Business Wire
Regulators probe potential use by big banks of nondisclosure agreements to discourage whistleblowers: report
Some of the largest U.S. banks are being asked by the Commodities Futures Trading Commission to provide details about nondisclosure agreements for employees in an effort to protect potential whistlebl...
Other symbols: BACJPM
7 days ago - Market Watch
Turning a Vault Into a Bomb Shelter: How Citigroup Has Kept Its Bank Running Inside Ukraine
Two years into the war, Citigroup is the only U.S. bank around, navigating a sometimes treacherous landscape
8 days ago - WSJ
'Very Difficult' Time on Deal Front: Citi's Ghiawadwala
Tasnim Ghiawadwala, Global Head of Commercial Banking at Citibank, says a number of factors including interest rates and politics are having an impact on the bank's clients' view for mergers and acqui...
9 days ago - Bloomberg Markets and Finance
Bank deposits are 'the bogeyman' that could be a long-term problem, analyst says
Bank of America (BAC) and Morgan Stanley (MS) were the latest Big Bank stocks to report first-quarter earnings on Tuesday. Both topped earnings and revenue estimates, a trend consistent for major fina...
Other symbols: BACGSJPMMSWFC
14 days ago - Yahoo Finance
Oakmark's Bill Nygren shares his value opportunities in the current market
Bill Nygren, Oakmark portfolio manager, joins 'Closing Bell Overtime' to talk his top stock picks, finding opportunities in the current market, and more.
Other symbols: APA
14 days ago - CNBC Television
Big banks led by Citi continue layoffs amid pressure to cut costs
U.S. banking giants continued to shed employees in the first quarter, with Citigroup seeing the biggest drop.
Other symbols: BACPNCWFC
14 days ago - Reuters
Three Key Takeaways From Big Bank Earnings
Top U.S. banks, including Bank of America, JPMorgan and Goldman, posted better-than-expected quarterly results thanks to a resilient economy, strong consumer spending and a flurry of Wall Street activ...
Other symbols: BACGSJPMMSWFC
14 days ago - WSJ
Higher deposit costs will weigh on the big banks, says Stephen Biggar
Stephen Biggar, Director of Financial Institutions Research at Argus Research, discusses earnings from Bank of America and Morgan Stanley.
Other symbols: BACGSJPMMSWFC
15 days ago - CNBC Television
CitiGroup Announces Full Redemption of Series D Preferred Stock
NEW YORK--(BUSINESS WIRE)--Citigroup Inc. is redeeming, in whole, all $1.25 billion aggregate liquidation preference of Series D Depositary Shares representing interests in its 5.350% Fixed Rate / Flo...
15 days ago - Business Wire
KBW CEO Michaud Sees Accelerated Bank Earnings in 2025
KBW CEO Tom Michaud examines first-quarter bank earnings, including firms' balance sheet advantage over non-banks and the bull case for an acceleration in bank earnings.
Other symbols: BACGSJPMMSWFC
15 days ago - Bloomberg Markets and Finance
What We Learned From Big Bank Earnings on Friday
Large U.S. banks kicked off the first-quarter earnings report season by disclosing higher-than-expected profits. But their net interest income—a key performance indicator for the sector—fell shy of pr...
Other symbols: JPMWFC
17 days ago - Investopedia
Bank earnings growth expectations 'might be a high bar', says John Hanco*ck's Emily Roland
Emily Roland, John Hanco*ck co-chief investment strategist, and Bob Elliott, Unlimited CEO, joins 'Closing Bell Overtime' to talk the day's market action.
Other symbols: JPMWFC
18 days ago - CNBC Television
Citigroup Keeps Eye on Lower FICO Customer Spend, Sees Digital Engagement Rising
Citigroup's latest results took note of continued spending on credit cards but there were some notes of caution in the mix. The earnings materials detailed that branded card-related volumes were 4% hi...
18 days ago - PYMNTS
Bank earnings 'weren't that bad,' but most of it was built in, says DCLA's Sarat Sethi
Sarat Sethi, DCLA managing partner, joins 'Power Lunch' to discuss what the managing partner makes of recent economic performance, what Sethi made of recent bank earnings, and what is changing with eq...
Other symbols: JPMWFC
18 days ago - CNBC Television
US banks' profit picture less clear with cloudy rates trajectory
The uncertain trajectory of interest rates is making it hard for U.S. banks to forecast profits and leading some to adopt a cautious stance for the remainder of the year.
Other symbols: BACGSJPMMSWFC
18 days ago - Reuters
JPMorgan, Wells Fargo, Citi stocks drop despite robust first-quarter earnings
While JPMorgan Chase & Co., Wells Fargo & Co. and Citigroup Inc. topped Wall Street estimates for earnings per share and revenue on Friday, stocks of all three megabanks fell into the red.
Other symbols: JPMWFC
18 days ago - Market Watch
Bank earnings breakdown: JPMorgan, Citi, and Wells Fargo surpass Wall Street expectations in Q1
First-quarter earnings season kicks off today with several Big Banks reporting their results: JPMorgan Chase & Co. (JPM), Citigroup (C), and Wells Fargo (WFC). While all three of the major banks toppe...
Other symbols: JPMWFC
18 days ago - Yahoo Finance
Citi Posts Q1 Earnings Beat on Booming Investment Banking Fees, Restructuring Ends
Citigroup (C) reported higher-than-forecast results as rising markets drove up investment banking fees and as CEO Jane Fraser's restructuring strategy aimed at streamlining the lender's costs bore fru...
18 days ago - Investopedia
