Citigroup Inc

Latest articles

1h
FOX Business
US regional banks hurt by higher interest rates, weak mortgage incomesaid mortgage-related income fell $63 million in the quarter. JPMorgan Chase &
FOX Business / Posted an hour ago
said mortgage-related income fell $63 million in the quarter. JPMorgan Chase & Co, PNC Financial Services Group Inc and Citigroup Inc reported mortgage banking revenue declines of 33 percent to 41 percent last week. While mortgage banking... Read more
3 related articles
1h
FOX Business
US regional banks hurt by higher interest rates, weak mortgage incomesaid mortgage-related income fell $63 million in the quarter. JPMorgan Chase &
FOX Business / Posted an hour ago
said mortgage-related income fell $63 million in the quarter. JPMorgan Chase & Co, PNC Financial Services Group Inc and Citigroup Inc reported mortgage banking revenue declines of 33 percent to 41 percent last week. While mortgage banking... Read more
3 related articles
3h
Finance and Commerce
Bank profits near pre-crisis peak in U.S.Wells Fargo & Co. have hit record highs this year. Stocks of banks that suffere
Finance and Commerce / Posted 3 hours ago
Wells Fargo & Co. have hit record highs this year. Stocks of banks that suffered more severe damage in the crisis, such as Citigroup Inc. and Bank of America, remain well below their pre-crisis levels. And fixed-income trading operations that once... Read more
5h
EuroNews
Bank of America picks Dublin as EU hub post Brexitlicensed entity, but said that some roles would also move to other EU locations
EuroNews / Posted 5 hours ago
licensed entity, but said that some roles would also move to other EU locations. The announcement follows news this week that Wall Street’s Citigroup Inc. and Morgan Stanley have picked Frankfrut as bases for the EU hubs post... Read more
21 related articles
6h
New Kerala
Goldman Sachs Leads way in M and A Deals, Affordable Care Act Dilemma Doesn't Faze Healthcare Sector - newkerala news #256109announced between January 1 and June 30, 2017. •Among investment banks, Goldma
New Kerala / Posted 6 hours ago
announced between January 1 and June 30, 2017. •Among investment banks, Goldman, Sachs & Co. came in first with 51 deals. Citigroup Inc. was second with 46 deals. JPMorgan Securities LLC was third, with 43 deals. •Among law firms, Kirkland &... Read more
8h
San Antonio Express-News
OPEC, Russia to Stand Pat on Oil Deal Even as Glut Persistscombining to produce significantly more than anyone anticipated they would,” sa
San Antonio Express-News / Posted 8 hours ago
combining to produce significantly more than anyone anticipated they would,” said Ed Morse, head of commodities research at Citigroup Inc. in New York. Weakening Compliance While both nations have been invited to the St. Petersburg gathering,... Read more
79 related articles
1d
Crain's New York Business
Goldman traders turn in worst first half of Blankfein's reignfixed-income tumble in the second quarter compares with a 19% drop at JPMorgan
Crain's New York Business / Posted yesterday
fixed-income tumble in the second quarter compares with a 19% drop at JPMorgan Chase & Co. and a 6% decline at Citigroup Inc. Goldman Sachs fell 0.6% to $227.94 at 9:36 a.m. in New York trading. The shares declined 4.3% this year... Read more
24 related articles
1d
EuroNews
Citigroup sees slightly lower returns from branded cards businessNEWYORK (Reuters) – Citigroup Inc trimmed its outlook on Friday for the p
EuroNews / Posted yesterday
NEWYORK (Reuters) – Citigroup Inc trimmed its outlook on Friday for the profitability of its North American branded credit cards business to a 2.15 percent return on assets from 2.25 percent. Chief Financial Officer John Gerspach, speaking in a... Read more
1d
FOX Business
Citi, Paypal Will Expand Cardmember BenefitsCitigroup Inc. [s:c] and Paypal Holdings Inc. said Thursday they would enable s
FOX Business / Posted yesterday
Citigroup Inc. [s:c] and Paypal Holdings Inc. said Thursday they would enable some Citi cardmembers to use ThankYou Points to pay for some or all of their purchase when shopping online with merchants that accept PayPal. There are 14 million ThankYou... Read more
1d
FOX Business
Citi, Paypal Will Expand Cardmember BenefitsCitigroup Inc. [s:c] and Paypal Holdings Inc. said Thursday they would enable s
FOX Business / Posted yesterday
Citigroup Inc. [s:c] and Paypal Holdings Inc. said Thursday they would enable some Citi cardmembers to use ThankYou Points to pay for some or all of their purchase when shopping online with merchants that accept PayPal. There are 14 million ThankYou... Read more
1d
EuroNews
Banks hope to keep staff in London if soft Brexit deal struckthe European Union hope only a handful of people will eventually have to leave
EuroNews / Posted yesterday
the European Union hope only a handful of people will eventually have to leave London, industry sources say. Wall Street’s Citigroup Inc. and Morgan Stanley as well as Britain’s Barclays have all in the last week indicated... Read more
21 related articles
1d
Channel NewsAsia
Banks hope to keep staff in London if soft Brexit deal struckthe European Union hope only a handful of people will eventually have to leave
Channel NewsAsia / Posted yesterday
the European Union hope only a handful of people will eventually have to leave London, industry sources say. Wall Street's Citigroup Inc. and Morgan Stanley as well as Britain's Barclays have all in the last week indicated they are finalizing plans... Read more
21 related articles
1d
Channel NewsAsia
PayPal to partner with JPMorganable to process payments on ChaseNet, JPMorgan's payment network. The payment
Channel NewsAsia / Posted yesterday
able to process payments on ChaseNet, JPMorgan's payment network. The payment processor also expanded its partnership with Citigroup Inc, allowing Citi customers to use reward points with merchants that accept PayPal, effective 2018. (Reporting by... Read more
1d
Newsmax
Goldman's Rotten Trading Quarter Is a Familiar Smell on Wall Streetmanagement in trading an "art and science." Goldman is not alone. In recent ye
Newsmax / Posted yesterday
management in trading an "art and science." Goldman is not alone. In recent years, banks including JPMorgan Chase & Co, Citigroup Inc, Barclays PLC and Deutsche Bank AG have all suffered losses from currency moves, interest rate positions, or... Read more
2 related articles
1d
Channel NewsAsia
Goldman's rotten trading quarter is a familiar smell on Wall Streetmanagement in trading an "art and science." Goldman is not alone. In recent ye
Channel NewsAsia / Posted yesterday
management in trading an "art and science." Goldman is not alone. In recent years, banks including JPMorgan Chase & Co , Citigroup Inc , Barclays PLC and Deutsche Bank AG have all suffered losses from currency moves, interest rate positions, or... Read more
2 related articles
1d
New York Post
Morgan Stanley embarrasses Goldman Sachspercent revenue dip in that business compares with a 40 percent drop at Goldman
New York Post / Posted yesterday
percent revenue dip in that business compares with a 40 percent drop at Goldman and declines of 6 percent to 19 percent at Citigroup Inc, Bank of America Corp and JPMorgan Chase & Co. Overall, Morgan Stanley’s trading revenue fell a more modest 2... Read more
8 related articles
1d
FOX Business
American Express profit dips on higher costs, but beat estimateshas increased spending on rewards to prevent its generally affluent clientele f
FOX Business / Posted yesterday
has increased spending on rewards to prevent its generally affluent clientele from switching to JPMorgan Chase & Co and Citigroup Inc, which have rolled out lucrative rewards to woo customers as they seek to boost their credit card... Read more
4 related articles
1d
FOX Business
American Express profit dips on higher costs, but beat estimateshas increased spending on rewards to prevent its generally affluent clientele f
FOX Business / Posted yesterday
has increased spending on rewards to prevent its generally affluent clientele from switching to JPMorgan Chase & Co and Citigroup Inc, which have rolled out lucrative rewards to woo customers as they seek to boost their credit card... Read more
4 related articles
2d
Business Wire
Citigroup Declares Common Stock Dividend and Announces Adjustment to Warrant Exercise PriceNEW YORK--(BUSINESS WIRE)--The Board of Directors of Citigroup Inc. today decla
Business Wire / Posted 2 days ago
NEW YORK--(BUSINESS WIRE)--The Board of Directors of Citigroup Inc. today declared a quarterly dividend on Citigroup’s common stock of $0.32 per share, payable on August 25, 2017 to stockholders of record on August 7, 2017. This dividend declaration... Read more
2d
Market Watch
Morgan Stanley tops Goldman in trading againvolatile trading businesses in favor of more stable assets and wealth managemen
Market Watch / Posted 2 days ago
volatile trading businesses in favor of more stable assets and wealth management. With the big pieces in place -- buying Citigroup Inc.'s Smith Barney brokerage, slashing risk-weighted assets, and firing hundreds of fixed-income traders -- the... Read more
9 related articles
2d
The Star
Morgan Stanley claims another trading victory over rival Goldman Sachsrevenue. Morgan Stanley’s 4% revenue dip in that business compares with a 40%
The Star / Posted 2 days ago
revenue. Morgan Stanley’s 4% revenue dip in that business compares with a 40% drop at Goldman and declines of 6% to 19% at Citigroup Inc, Bank of America Corp and JPMorgan Chase & Co. Overall, Morgan Stanley’s trading revenue fell a more modest... Read more
8 related articles
2d
Newsmax
FedEx's TNT Reels From June Cyberattack as Damage Lingersmay not be able to.” The difficulty could reduce FedEx’s earnings by 50 cents
Newsmax / Posted 2 days ago
may not be able to.” The difficulty could reduce FedEx’s earnings by 50 cents to $1 a share for the year through next May, Citigroup Inc. analyst Christian Wetherbee said in a note. That represents 4 percent to 7 percent of the $13.50 he estimated... Read more
3 related articles
2d
CNBC
Tower operator Crown Castle to buy Lightower for $7.1 billionfor new unsecured bridge facility. Morgan Stanley was Crown Castle's financial
CNBC / Posted 2 days ago
for new unsecured bridge facility. Morgan Stanley was Crown Castle's financial adviser, while Cravath, Swaine & Moore provided legal counsel. Evercore and Citigroup Inc were Lightower's financial advisers, with Ropes and Gray as its legal cou... Read more
3d
Crain's New York Business
Goldman traders turn In worst first half of Blankfein reignfixed-income tumble in the second quarter compares with a 19% drop at JPMorgan
Crain's New York Business / Posted 3 days ago
fixed-income tumble in the second quarter compares with a 19% drop at JPMorgan Chase & Co. and a 6% decline at Citigroup Inc. Goldman Sachs fell 0.6% to $227.94 at 9:36 a.m. in New York trading. The shares declined 4.3% this year... Read more
24 related articles
3d
Newsmax
Citi: Foreign Investors Could Pour $3 Trillion Into China by 2025see them match the U.S. in size and lure more than $3 trillion in capital from
Newsmax / Posted 3 days ago
see them match the U.S. in size and lure more than $3 trillion in capital from abroad by 2025, according to a study by Citigroup Inc. While the country’s initial efforts to internationalize its currency hit a bump in 2015, policy makers have... Read more
3d
Zero Hedge
July 18double in size by the middle of next year, as the shift to online shopping cont
Zero Hedge / Posted 3 days ago
double in size by the middle of next year, as the shift to online shopping continues to ramp up. bit.ly/2uwZmRl Sky News Citigroup Inc will become the latest Wall Street giant to unveil plans to cope with the UK's departure from the European... Read more
33 related articles
3d
San Antonio Express-News
Oil climbs as Saudi Arabia considers more export cutsanother country exempt from cuts, may be asked to cap their oil output amid con
San Antonio Express-News / Posted 3 days ago
another country exempt from cuts, may be asked to cap their oil output amid concern about their rebounding production. Citigroup Inc. cut its oil-price forecasts for this year and next as Libya and Nigeria restore previously halted supplies and... Read more
79 related articles
3d
Reuters
Bank of America's quarterly profit rises 11 percentto hike interest rates for the third time since the second quarter of last year
Reuters / Posted 3 days ago
to hike interest rates for the third time since the second quarter of last year. JPMorgan Chase & Co, Wells Fargo & Co and Citigroup Inc reported better-than-expected profits on Friday, helped by higher interest rates. Reporting by Sruthi Shankar... Read more
5 related articles
3d
Channel NewsAsia
New life in US housing market not evident in big bank resultsin growing first and second mortgages, Sloan said. JPMorgan Chase & Co, PNC Fi
Channel NewsAsia / Posted 3 days ago
in growing first and second mortgages, Sloan said. JPMorgan Chase & Co, PNC Financial Services Group Inc and Citigroup Inc also reported mortgage banking revenue declines of 33 to 41 percent last week. Bank of America Corp reports... Read more
3d
Reuters
New life in U.S. housing market not evident in big bank resultsin growing first and second mortgages, Sloan said. JPMorgan Chase & Co, PNC Fi
Reuters / Posted 3 days ago
in growing first and second mortgages, Sloan said. JPMorgan Chase & Co, PNC Financial Services Group Inc and Citigroup Inc also reported mortgage banking revenue declines of 33 to 41 percent last week. Bank of America Corp reports... Read more
4d
Reuters
Citigroup to pick Frankfurt as EU base this weekFRANKFURT/LONDON (Reuters) - U.S. bank Citigroup Inc (C.N) is set to become the
Reuters / Posted 4 days ago
FRANKFURT/LONDON (Reuters) - U.S. bank Citigroup Inc (C.N) is set to become the latest Wall Street bank to pick Frankfurt as its European Union base this week in preparation for when Britain leaves the European Union, two sources told Reuters on... Read more
21 related articles
4d
EuroNews
London forex traders plead not guilty to U.S. rigging chargestrillion pounds) foreign exchange market. Chris Ashton, Rohan Ramchandani and R
EuroNews / Posted 4 days ago
trillion pounds) foreign exchange market. Chris Ashton, Rohan Ramchandani and Richard Usher, who worked at Barclays Plc, Citigroup Inc and JPMorgan Chase & Co, respectively, entered their pleas through their lawyers before U.S. District Judge... Read more
4d
FOX Business
Bank Of New York Mellon Names Ex-Visa Head Charles Scharf As Its New CEO31, to ensure a smooth transition. Before joining Visa, Scharf did stints at J.
FOX Business / Posted 4 days ago
31, to ensure a smooth transition. Before joining Visa, Scharf did stints at J.P. Morgan Chase & Co. , Bank One, and Citigroup Inc. . Bank of New York shares rose 2.5% premarket and are up 10.5% in 2017, while the S&P 500 has gained about... Read more
12 related articles
4d
FOX Business
Bank Of New York Mellon Names Ex-Visa Head Charles Scharf As Its New CEO31, to ensure a smooth transition. Before joining Visa, Scharf did stints at J.
FOX Business / Posted 4 days ago
31, to ensure a smooth transition. Before joining Visa, Scharf did stints at J.P. Morgan Chase & Co. , Bank One, and Citigroup Inc. . Bank of New York shares rose 2.5% premarket and are up 10.5% in 2017, while the S&P 500 has gained about... Read more
12 related articles
4d
Zero Hedge
July 17content after Indonesia's government limited access to the service and threaten
Zero Hedge / Posted 4 days ago
content after Indonesia's government limited access to the service and threatened a complete ban. on.wsj.com/2u024N0 - Citigroup Inc is revamping some of the benefits on its Prestige card in an effort to sweeten the deal for coveted affluent... Read more
4d
Newsmax
China Economy Charges On as Leaders Target the Risk 'Rhino'would amount to a "dereliction of duty." "The gray rhinos are containable," sa
Newsmax / Posted 4 days ago
would amount to a "dereliction of duty." "The gray rhinos are containable," said Liu Ligang, chief China economist for Citigroup Inc. in Hong Kong. But the economy is "still relying quite a lot on investment and credit and overall financial... Read more
2 related articles
4d
Bangkok Post - Thailand's English news
Stocks rise to record as China fuels global growthreport results. “All numbers suggest that the economy has stabilized” in China
Bangkok Post - Thailand's English news / Posted 4 days ago
report results. “All numbers suggest that the economy has stabilized” in China, said Liu Li-Gang, chief China economist at Citigroup Inc., in a Bloomberg TV interview. South Korea’s Kospi index is also heading for a fresh all-time high. Futures on... Read more
4d
Channel NewsAsia
Didn't pay your Macy's bill? Expect a text from Citigroupfrom retailers that have gone bankrupt or closed tend to go toward the bottom o
Channel NewsAsia / Posted 4 days ago
from retailers that have gone bankrupt or closed tend to go toward the bottom of the pile. The trouble for lenders like Citigroup Inc is that the debt is actually owed to them. Citigroup, the fourth-largest U.S. bank by assets, said on Friday... Read more
4d
Reuters
Didn't pay your Macy's bill? Expect a text from Citigroupfrom retailers that have gone bankrupt or closed tend to go toward the bottom o
Reuters / Posted 4 days ago
from retailers that have gone bankrupt or closed tend to go toward the bottom of the pile. The trouble for lenders like Citigroup Inc is that the debt is actually owed to them. Citigroup, the fourth-largest U.S. bank by assets, said on Friday... Read more
6d
Zero Hedge
Bitcoin Battered Below $2000, Ether Tumbles As August 1st Scaling Deadline Loomsact fast once a clear outcome emerges. “It’s a high-stakes game of chicken,” s
Zero Hedge / Posted 6 days ago
act fast once a clear outcome emerges. “It’s a high-stakes game of chicken,” said Arthur Hayes, a former market maker at Citigroup Inc. who now runs BitMEX, a bitcoin derivatives venue in Hong Kong. “If you’re a trader, there’s a lot of... Read more
2 related articles
6d
Zero Hedge
Retired Green Beret Warns: "There Could Be A Nuclear Strike Against The US Coming Soon"U.S. prosecutors’ applications for “damming” seizure warrants against Bank of A
Zero Hedge / Posted 6 days ago
U.S. prosecutors’ applications for “damming” seizure warrants against Bank of America Corp, Bank of New York Mellon Corp, Citigroup Inc, Deutsche Bank AG, HSBC Holdings Plc, JPMorgan Chase & Co, Standard Chartered Plc and Wells Fargo & Co.... Read more
6d
EuroNews
Loan growth, better spreads fail to impress U.S. bank investorsloan prices without paying much more for deposits. But shares of JPMorgan Chase
EuroNews / Posted 6 days ago
loan prices without paying much more for deposits. But shares of JPMorgan Chase & Co , Wells Fargo & Co , Citigroup Inc and PNC Financial Services Group Inc were down in afternoon trading. Investors had wanted to see... Read more
9 related articles
6d
FOX Business
U.S. Stocks Close Higher, Several Indexes End At Records, Led By Tech Gainsthe big losers, with J.P. Morgan slipping 0.8% after reporting a sharp fall in
FOX Business / Posted 6 days ago
the big losers, with J.P. Morgan slipping 0.8% after reporting a sharp fall in trading revenue. J.P. Morgan Chase & Co. , Citigroup Inc. , and Wells Fargo & Co. all posted results on Friday, with the three nonetheless topping expectations. For the... Read more
4 related articles
6d
FOX Business
U.S. Stocks Close Higher, Several Indexes End At Records, Led By Tech Gainsthe big losers, with J.P. Morgan slipping 0.8% after reporting a sharp fall in
FOX Business / Posted 6 days ago
the big losers, with J.P. Morgan slipping 0.8% after reporting a sharp fall in trading revenue. J.P. Morgan Chase & Co. , Citigroup Inc. , and Wells Fargo & Co. all posted results on Friday, with the three nonetheless topping expectations. For the... Read more
4 related articles
7d
Crain's Chicago Business
Dow, S&P 500 hit new highssuggesting a weaker than hoped for rebound in GDP in the second quarter. Major
Crain's Chicago Business / Posted 7 days ago
suggesting a weaker than hoped for rebound in GDP in the second quarter. Major financial firms JPMorgan Chase & Co. and Citigroup Inc. reported earnings. JPMorgan, the biggest U.S. bank, posted the highest annual profits ever for a bank over the... Read more
114 related articles
7d
The Norwich Bulletin
Trump may need Obama's secret debt planalone the government would have to sell $48 billion less in coupon-bearing debt
The Norwich Bulletin / Posted 7 days ago
alone the government would have to sell $48 billion less in coupon-bearing debt, according to Steve Kang, a strategist at Citigroup Inc. That would pressure long-term debt yields lower, he said. Prioritizing U.S. debt is a contentious issue, with... Read more
7d
Newsmax
Trump Elation Ebbs as Loan Growth Slows at JPMorganand interest income in the second half, while Wells Fargo & Co. reported a drop
Newsmax / Posted 7 days ago
and interest income in the second half, while Wells Fargo & Co. reported a drop in lending that surprised some analysts. Citigroup Inc. joined both in posting less trading revenue as clients pull back from betting amid congressional... Read more
80 related articles
7d
Zero Hedge
Cryptocurrency Carnage - Bitcoin Trades Below $2200, Ether Tumbles Below $200act fast once a clear outcome emerges. “It’s a high-stakes game of chicken,” s
Zero Hedge / Posted 7 days ago
act fast once a clear outcome emerges. “It’s a high-stakes game of chicken,” said Arthur Hayes, a former market maker at Citigroup Inc. who now runs BitMEX, a bitcoin derivatives venue in Hong Kong. “If you’re a trader, there’s a lot of... Read more
2 related articles
7d
Billboard
Roku Planning $1 Billion IPObehind the popular set-top television boxes and other streaming devices has hir
Billboard / Posted 7 days ago
behind the popular set-top television boxes and other streaming devices has hired three investment banks — Morgan Stanley, Citigroup Inc. and Allen & Co. — to underwrite its initial public offering, in which it is looking to raise $1 billion, per... Read more
4 related articles
7d
Channel NewsAsia
Loan growth, better spreads fail to impress US bank investorsby raising loan prices without paying much more for deposits. But shares of JP
Channel NewsAsia / Posted 7 days ago
by raising loan prices without paying much more for deposits. But shares of JPMorgan Chase & Co , Wells Fargo & Co , Citigroup Inc and PNC Financial Services Group Inc were down in early trading. Investors had wanted to see even better... Read more
9 related articles
More

In this news