Citigroup Financial News

12.01 / 15:05

CEO Citigroup reports Updates International Citigroup is cutting 10% of its workforce in CEO Jane Fraser’s corporate overhaul

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12.01 / 15:04

Citi Booking CEO Citigroup Trade performer reports Citigroup posts $1.8 billion fourth-quarter loss after litany of charges

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12.01 / 14:01

markets UPS JPMorgan Citigroup wellness reports BNY Mellon profit halves on FDIC deposit fund, other charges

(Reuters) -Bank of New York Mellon Corporation on Friday reported a 50% fall in fourth-quarter profit due to some one-time charges, including those tied to the Federal Deposit Insurance Corporation's (FDIC) deposit insurance fund.

12.01 / 13:59

Citi FIVE CEO Citigroup cover reports International Q4 Citigroup Q4 Results: Company swings to $1.8-billion loss on slew of charges

insurance fund and carry out a sweeping internal reorganization. The loss was also fueled by the bank stockpiling money to cover currency risks in Argentina and Russia. The third-largest U.S. lender by assets posted a loss of $1.16 per share for the three months ended Dec.

11.01 / 13:21

markets COST Booking Google coinbase Citigroup reports fall Citigroup, KB Home, Southwestern Energy fall premarket; Coinbase rises

Investing.com — U.S. futures edged higher Thursday, ahead of the release of the December inflation data which could guide market expectations over potential Federal Reserve rate cuts this year.

11.01 / 03:45

Target CEO Citigroup wellness reports Interviews Citigroup at risk of quarterly loss after charges come in far higher than initially disclosed

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10.01 / 19:33

markets Citi Strategy Citigroup trends show 2024 Citi sees US dollar weak in near term, rebounding later in 2024

By Saqib Iqbal Ahmed and David Randall

10.01 / 01:38

markets JPMorgan security Citigroup wellness cover reports US banks' profits to shrink as they brace for souring loans

By Tatiana Bautzer

09.01 / 13:26

Reuters Platform Apple Software Citigroup reports inflation data Futures ease after strong rally; inflation data on deck

By Johann M Cherian and Ankika Biswas

05.01 / 02:30

markets Citi Digital ETF security Citigroup Bitcoin Former Citi execs plan ‘SEC free’ bitcoin-backed securities

As speculation about the upcoming approval or denial of spot bitcoin ETFs reaches a fever pitch, a group of former Citigroup Inc. executives is starting to offer securities backed by the oldest cryptocurrency that they say don’t need the blessing of U.S. regulators.

04.01 / 11:41

Citi economy Citigroup Trade reports Citi strategists see near-term risk in European stocks

Bulls are piling into European stocks, creating near-term risks after a strong rally in the fourth quarter, according to Citigroup Inc. strategists.

04.01 / 11:39

Citi Digital ETF security Citigroup Bitcoin Interviews Former Citi execs plan ‘SEC free’ Bitcoin-backed securities

As speculation about the upcoming approval or denial of spot-Bitcoin ETFs reaches a fever pitch, a group of former Citigroup Inc. executives is starting to offer securities backed by the oldest cryptocurrency that they say don’t need the blessing of US regulators.

02.01 / 21:42

Citi Citigroup show performer Short squeeze chances are increasing - Citi

Traders navigating bearish bets in the US stock market face the looming threat of a short squeeze, according to Citigroup Inc. strategists.

02.01 / 09:16

Provident FIVE Compilation Software Citigroup show testing Tech rally in India faces earnings test as growth worries linger

The NSE Nifty IT Index of 10 software majors has surged about 17% since late October, beating the NSE Nifty 50 Index. While the rally was initially driven by a global rebound in tech stocks, the Federal Reserve’s dovish pivot at the December policy meeting turbocharged the run. Brokerage firms including Citigroup Inc.

01.01 / 13:25

Extreme Racing Citigroup Bill track stars The Tax Whiz With the Strangest Hustle on Wall Street

Andy Lee is the king of a lucrative niche in the financial markets. Being king isn’t easy. Lee invests in tax receivable agreements, increasingly common arrangements that put cash into the pockets of early investors in companies.

27.12 / 14:37

JPMorgan Compilation Citigroup Metro pandemic reports Financial Banks shed 60,000 jobs in one of worst years for cuts since financial crisis

Global banks eliminated more than 60,000 jobs in 2023, marking one of the heaviest years for cuts since the financial crisis and reversing much of their hiring as they emerged from the COVID-19 pandemic.

27.12 / 02:14

Reuters economy Citigroup show country electronic reports South Korea's Dec exports likely rose for a third month: Reuters poll

By Cynthia Kim

23.12 / 03:05

IPO Target Manufacturing Mobile Citigroup band reports Ola Electric IPO: Founder Bhavish Aggarwal to sell 47.4 million shares

Ola Electric, is set to sell around 47.4 million shares in the SoftBank Group-backed e-scooter maker, as per the company's preliminary draft papers filed with SEBI on December 22. The proposed issue includes a fresh equity share release of up to ₹5,500 crore and an offer for sale (OFS) of 95,191,195 equity shares at a face value of ₹10.

22.12 / 16:41

IPO Manufacturing CEO Citigroup Ola Electric IPO: Issue details, objectives & more; check 10 key things to know from DRHP

Ola Electric IPO: SoftBank Group-backed e-scooter maker Ola Electric filed its preliminary draft papers on Friday, December 22, with capital markets regulator Securities and Exchange Board of India (SEBI) to raise ₹5,500 crore through an initial public offering (IPO). This will be the first IPO by an Indian electric vehicle (EV) maker and also the first by a two-wheeler maker in India since the debut of Bajaj Auto in 2008.

21.12 / 12:43

Citi Target CEO Citigroup show performer information Citigroup to exit distressed debt business

Citigroup Inc. has decided to exit the distressed-debt trading business, the latest retrenchment in Chief Executive Officer Jane Fraser’s effort to reshape the firm in pursuit of higher returns.

21.12 / 12:42

Extreme Action economy Citigroup show 2020 Investors should prepare to buy the dip as rally eases

The rally in US stocks is showing signs of fatigue, and investors should be ready to buy into any declines, according to Citigroup Inc. strategists.

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