Citigroup Financial News

13.07 / 01:47

UPS Compilation security Citigroup Research show reports D-Street's cooling earnings momentum set to challenge stock rally

Strategists predict lackluster profit growth for companies in the NSE Nifty 50 Index in the three months ended June. Citigroup Inc. sees their aggregate net income rising just 2% from last year, while Motilal Oswal Securities Ltd. pegs the number at 4%. In the prior quarter, the expansion was more than 11%, outpacing forecasts.

13.07 / 01:04

Citigroup wellness Justice reports Department Investigations International TD names new chief compliance officer amid U.S. laundering probes

Toronto-Dominion Bank has tapped Erin Morrow as its new chief compliance officer, a key role as the bank faces ongoing U.S. investigations into its anti-money laundering controls.

12.07 / 21:43

UPS Progressive JPMorgan Citigroup wellness Bill Trade JPMorgan Q2 profit rose 25% as bank cashed in holdings in Visa

Signs of consumers slowing down spending and falling behind on their bills weighed down shares of the big banks on Friday

12.07 / 18:35

markets Compilation Sustainability Citigroup trends show reports Bumper earnings season is key to continued stock rally

Corporate America needs to deliver a blowout quarterly earnings season for US stocks to extend a record-breaking rally, according to some Wall Street strategists.

12.07 / 16:32

Citi Manufacturing Gap economy Citigroup pandemic show India will fail to plug jobs gap even with 7% growth, says Citi

India will struggle to create enough jobs for its growing workforce over the next decade even if the economy grows at a rapid pace of 7%, Citigroup Inc. said, suggesting the world’s most-populous nation will need more concerted steps to boost employment and skills. Citi estimates India will need to create about 12 million jobs a year over the next decade to absorb the number of new entrants to the labor market. Based on a growth rate of 7%, India can only generate 8-9 million jobs a year, the bank’s economists Samiran Chakraborty and Baqar Zaidi wrote in a report this week.

01.07 / 09:29

Citi Citigroup show reports prevention Investigations Not Just Crypto, Citigroup Accused of Facilitating Drug Money Laundering

Besides cryptocurrencies, drug traffickers have reportedly opted to launder money through Citigroup, viewing the bank as accommodating due to perceived weaker fraud prevention measures.

29.06 / 02:47

markets UPS BLOCK Citigroup WhatsApp Fidelity funds sell Rs 1,788-cr HCL Tech shares

MUMBAI: The US-based Fidelity Investments’ funds have offloaded shares in HCL Technologies worth 1,788.27 crore in a block deal on NSE Friday. More than 1.24 crore shares were sold at 1,440.5 each, amounting to 0.46% of the total shares of the company. ICICI Prudential Mutual Fund was the single largest buyer at 1,001 crore, followed by Morgan Stanley Asia Singapore PTE and Citigroup Global Markets Mauritius fund. Shares of HCL Technologies closed 0.42% up on NSE at 1,461 Friday.

28.06 / 22:35

CEO JPMorgan Sustainability Citigroup show testing JPMorgan and Morgan Stanley boost buybacks and dividends, while Citigroup and BofA take smaller steps

In this article

27.06 / 17:31

markets JPMorgan Analysis Citigroup Trade testing JPMorgan Chase says its stress test losses should be higher than what the Fed disclosed

In this article

26.06 / 15:41

markets Citigroup Research reports testing Relationships Morgan Stanley wealth advisors are about to get an OpenAI-powered assistant to do their grunt work

In this article

21.06 / 19:39

UPS Waves JPMorgan Citigroup cover testing Regulators hit Citigroup, JPMorgan Chase, Goldman Sachs and Bank of America over living will plans

Banking regulators on Friday disclosed that they found weaknesses in the resolution plans of four of the eight largest American lenders.

21.06 / 18:37

Citi JPMorgan Action Citigroup wellness Fed finds chinks in Wall Street banks’ living wills

Four of the biggest banks on Wall Street must improve their blueprints for a hypothetical wind-down after top US regulators found weaknesses in their plans.

20.06 / 18:35

COST Citi Digital Citigroup information reports The AI jobs threat is biggest for banking, says Citi

Citigroup Inc. said artificial intelligence is likely to displace more jobs across the banking industry than in any other sector as the technology is poised to upend consumer finance and makes workers more productive.

18.06 / 16:07

markets Compilation Citigroup NVIDIA wellness Trade show Bullish investors primed to drive stock rally, says BofA

Global investors are likely to keep pumping money into record-hitting stock markets, according to a survey by Bank of America Corp.

18.06 / 05:33

Citi Action Citigroup cover 2020 reports testing regulatory Citigroup facing new regulatory knock on its living will

A top U.S. banking regulator is preparing to hand Citigroup a failing grade on its living-will plan, the latest rebuke for the megabank that has struggled to stay in the government’s good graces. The Federal Deposit Insurance Corp.’s five-member board intends to vote Thursday to downgrade its rating on Citi’s data-management systems to a “deficiency" from a “shortcoming," people familiar with the matter said.

12.06 / 05:03

markets Target Strategy Sustainability Citigroup recommendations Equality Hot Stocks: Brokerage view on Tata Motors, Titan, IndusInd Bank and GMR Airports

Titan Company, CLSA has an outperform rating on Tata Motors and Citigroup recommended a buy on IndusInd Bank. We have collated a list of recommendations from top brokerage firms from ETNow and other sources:

06.06 / 02:55

Provident CEO Align Citigroup awards President Interviews From rags to riches to awards finalist: Dynasty CEO

Orphaned and homeless in his early teens, Shirl Penney was always fascinated by finance and the wealth management industry. He bought a $13 suit at the Salvation Army, rode a bus to New York and interviewed at Smith Barney, before the acquisition by Morgan Stanley.

05.06 / 01:43

markets UPS Citi CEO JPMorgan Citigroup Election Citi's new banking head Viswas Raghavan begins as CEO hails his 'intensity'

Viswas Raghavan joined Citigroup as its new head of banking this week in New York, the lender said on Tuesday, after it hired the former head of investment banking from JPMorgan earlier this year.

31.05 / 13:25

UPS JPMorgan Action Analysis Citigroup wellness reports Big banks are allocating more to private credit

Banking giants that once had the most ground to lose to the burgeoning world of private credit keep finding more ways — and much more money — to pump into the sector.

30.05 / 14:27

markets FIVE BLOCK Manufacturing Citigroup PRU stake TPG Asia sells entire stake in RR Kabel in Rs 958 crore block deal

TPG Asia on Thursday sold its entire stake in wire and cable manufacturer RR Kabel through block deals, according to exchange data. TPG Asia offloaded about 5% stake or just over 56 lakh shares at around Rs 1,701 apiece. This valued the deal at around Rs 958 crore.

30.05 / 04:41

COST UPS Target JPMorgan Citigroup recommendations Hot Stocks: Brokerage view on Tata Steel, RR Kabel, RIL; Axis Capital upgrades Indigo

Citigroup maintained a buy rating on RR Kabel, JPMorgan has an overweight stance on RIL, Axis Capital upgraded Indigo to buy and Jefferies maintained a buy rating on Tata Steel. We have collated a list of recommendations from top brokerage firms from ETNow and other sources:

what you should know about Citigroup

What is Citigroup and why is it relevant?

Citigroup is a trending topic that interests a wide audience. On our site, we regularly publish news related to this subject.

Where can I find the latest updates on Citigroup?

All new posts about Citigroup can be found in the special selection. We publish information as it becomes available.

How can I verify the accuracy of information on Citigroup?

We use verified data to ensure that the information about Citigroup is reliable and informative for our readers.