Today news
About the same in other media
Citigroup is about to report second-quarter earnings
Reading now: 663
In this article
Citigroup is scheduled to report second-quarter earnings before the opening bell Friday.
Here's what Wall Street expects:
Citigroup was just this week rebuked for failing to address its regulatory shortfalls, so analysts will be keen to ask CEO Jane Fraser about her long-running efforts to address the issue.
Last year, Fraser announced plans to simplify the management structure and reduce costs at the third-biggest U.S. bank by assets. But earnings will take a backseat if the bank cannot appease regulators' concerns about its data and risk management.
JPMorgan Chase reported results earlier Friday, while Goldman Sachs, Bank of America and Morgan Stanley report next week.
This story is developing. Please check back for updates.
Read more on cnbc.comAbout this in other media
Boeing loses more than $1.4 billion in second quarter, names longtime industry executive as CEO of troubled manufacturer abcnews.go.com /3 months ago
Eurozone economy grew modestly by 0.3% in the second quarter as Germany shrank, highlighting growth gap with U.S. abcnews.go.com /3 months ago
US economy beats expectations with 2.8% growth in second quarter investmentweek.co.uk /3 months ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
