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Citigroup Recent News

Polestar Q1 Earnings Preview: Analyst Says Chinese EV Manufacturing Equals 'Better Gross Margins'
Tech Stocks See Highest Bullish Bets In 3 Years, Citi Analysts Highlight 'Increasingly One-Sided' Market
This market trend, while more pronounced in the U.S., is also evident in the global market, particularly in European equities.
Citigroup Takes Another Round Of Layoffs At Leadership Level As CEO Fraser Addresses Managing Directors: Report
Fraser addressed the managing directors about the bank's extensive overhaul, which includes the elimination of more leadership roles.
JPMorgan's Jamie Dimon And Other Bank CEOs Held Private Meeting Over Fintech Competition, Regulatory Burden In Davos: Report
The CEOs, who were in Davos for the World Economic Forum, expressed concerns about the competitive threat posed by fintech companies and private lenders, as well as the burden of regulatory requirements.
Citigroup To Cut 20,000 Jobs In Major Strategic Overhaul, Cites 'Disappointing' Q4
Citigroup Inc. (NYSE: C) has unveiled plans to slash 20,000 jobs. The decision, spearheaded by CEO Jane Fraser, aims to bolster the financial giant's performance, which has been underwhelming recently.
US Banking Giants Brace For Fourth-Quarter Earnings Amid Mounting Bad Debts, Interest Rate Pressure
U.S. banks' bad debts surge, posing risk to investor confidence; earnings expected to drop due to higher deposit costs & one-time charge from last year's Silicon Valley Bank & Signature failures.
Citigroup Employees Brace For Management Reshuffle And Layoffs On Monday: Report
The restructuring plans follow Citi's announcement last month of its intention to decrease management layers from 13 to eight.
Gap Q2 Earnings Preview: Earnings Estimates, What Analysts Are Saying And Key Items To Watch
Apparel retail company Gap Inc (NYSE: GPS) is set to report second-quarter financial results at 1:15 p.m. PT, Thursday, Aug. 24, 2023.
AMD's AI Bet A 2024 Opportunity, But Near-Term Outlook Leaves Analysts Wary After Q2 Print
AT&T, Verizon Plummet To Multidecade Lows: Toxic Lead Investigation Sparks Telco Sell-Off, Analysts Head For The Exits
Goldman Sachs, JP Morgan, Wells Fargo Among Major US Banks To Write Off $5B In Loans: Report
Wells Fargo Beats Expectations, Yet Warning Signs Arise
Earnings season for the banking sector stocks is typically a reliable indicator, a window perhaps, into the state of economic affairs and how the industry that "does" money is positioned as the banks reflect their future outlooks in their operations and financials.
US Banks Earnings Preview: All Eyes On JPMorgan, BlackRock, Citigroup, Wells Fargo Q1 Reports
On Friday, April 14, four of the largest financial institutions in the U.S.
Bracing For Inflation: Did March CPI Spike? Spotlight On 5 Key ETFs To Navigate The Market
The publication of the March U.S. inflation rate statistics by the Bureau of Labor Statistics on Wednesday, April 12, is the most anticipated economic event of the week, as investors anxiously await the outcome.  
5 Undervalued Large-Cap Stocks To Buy In 2023 With Dividend Yields Over 5%
A high dividend yield appeals to every stock investor, particularly if the company in question trades at a discounted price with respect to its earnings potential. Benzinga has reviewed the top five U.S. stocks with more than $50 billion of market cap, a dividend yield of at least 5% over the previous year and a forward price-to-earnings ratio below 10x. 
Vietnam-Based Tesla Challenger VinFast Files For US IPO: Is It A Good Investment Bet?
Shortly after shipping electric vehicles to the U.S., Vietnamese EV maker VinFast Auto Ltd. filed for its initial public offering in the U.S.
Big Bank Roundup: These Stocks Kick Off Earnings Season With A Mixed Bag Of Results
Big U.S. bank stocks kicked off third-quarter earnings season on Friday with a mixed bag of numbers on a difficult day for the market.
PreMarket Prep: Charting Citigroup's Bearish Call On Crude Oil
A big bank made a big call Tuesday on the price direction of crude oil, and market participants are acting on it in a big way in the trading session. The Call: On Tuesday morning, Citigroup issued a dire warning to owners of crude oil futures and related products, which also has negative implications for issues in the oil patch.
Apple Analysts See Production Issues As Transitory, Recommend Buying On Weakness Following Q2 Results
Apple Inc (NASDAQ: AAPL) reported better-than-expected second-quarter earnings and revenues.
Here's Why Apple Analysts Are Bullish Over 'Peek Performance' Event
Apple, Inc. (NASDAQ: AAPL) announced a few breakthrough products at its Spring launch event, dubbed "Peek Performance," held on Tuesday.
Why Ford Analysts See Reorganization As 'Dawn Of New Era,' Expect Other Automakers To Follow Suit
Ford Motor Company (NYSE: F) announced a reorganization plan Wednesday to separate its internal combustion engine and electric vehicle businesses.
Shift4 Acquires Finaro, The Giving Block In Bid To Expand Payments, Crypto Capabilities
Integrated payments and technology solutions platform Shift4 Payments Inc (NYSE: FOUR) announced it will acquire cross-border e-commerce pay
This Alternative Investment Has Provided 22.3% Gains During Years of High Inflation
Institutional investors have benefited for decades from the high potential returns and low correlation to the stock market that alternative investments can provide. Alternative assets also provide greater diversification than traditional investments can offer, which is especially important during periods of high inflation and economic crisis.
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