Citigroup faces amended lawsuit over alleged risk management deception
Former Citigroup managing director Kathleen Martin has filed an amended lawsuit against the bank, alleging intentional deception by its Chief Operating Officer, Anand Selva. Martin claims she was dism...
2 days ago - Invezz
Fired Citigroup banker says COO intended to deceive regulator on bank's metrics
A former Citigroup managing director who said she was fired because she refused to mislead a federal regulator about the bank's risk management accused Citigroup's chief operating officer of intention...
3 days ago - Reuters
Citigroup Declares Common Stock Dividend; Citigroup Declares Preferred Dividends
NEW YORK--(BUSINESS WIRE)--The Board of Directors of Citigroup Inc. today declared a quarterly dividend on Citigroup's common stock of $0.56 per share, payable on August 23, 2024 to stockholders of re...
3 days ago - Business Wire
Citi reaches settlement with Montreal Exchange on options reporting
Citigroup reached an agreement with the Bourse de Montreal to resolve allegations that it failed to report positions on options contracts exceeding a certain threshold, the exchange said on Thursday.
3 days ago - Reuters
Citi to boost investment banking headcount in India betting on deals surge
Citigroup plans to bolster the headcount in its India investment banking unit, betting on a surge in equity capital market and M&A deals in one of the world's fastest growing economies, a top country ...
4 days ago - Reuters
Bank bond spreads tighten as earnings spark buying ahead of fresh debt offerings
Bond yields for three of the four biggest money-center banks have continued to tighten against Treasurys following their earnings updates, in a positive sign of demand ahead of billions of dollars in ...
Other symbols: BACGSJPMMSWFC
6 days ago - Market Watch
Citi Names Barclays Vet James Morris as UK Commercial Banking Head
Citi has a new head of commercial banking (CCB) for the United Kingdom. James Morris, a 25-year veteran of British banking giant Barclays, is expected to take on that role Sept.
6 days ago - PYMNTS
Citigroup's Growth Streak Continues: Analysts Unpack Q2 Insights
Citigroup Inc C shares recovered slightly in early trading on Monday after tanking on Friday, following the second-quarter results.
6 days ago - Benzinga
Citi appoints James Morris as new head of UK commercial bank
Citigroup appointed James Morris as the head of its commercial bank for Britain, the bank said in a statement on Monday.
6 days ago - Reuters
CE 100 Index Gains 1.3% as Big Banks Post Earnings
Earnings season is in full swing, as big banks – specifically, JPMorgan and Citigroup – helped sway the fortunes of the CE 100 Index. The Index was up 1.
Other symbols: JPM
7 days ago - PYMNTS
Citigroup's 3% Branded Card Spend Growth Driven by Higher FICO Consumers
Citigroup's earnings results showed a bit of bifurcation in consumer spending, as higher credit scoring individuals continue to use their cards and lower FICO consumers are falling behind a bit amid e...
9 days ago - PYMNTS
What We Learned From Big Bank Earnings Friday
Earnings at two of the three large U.S. banks that traditionally launch the financial sector's quarterly earnings season exceeded investors' expectations Friday. But their income statements revealed t...
Other symbols: JPMWFC
9 days ago - Investopedia
Big banks under pressure: Here's what you need to know
David Konrad, KBW managing director, joins 'Power Lunch' to discuss his takeaways from big bank earnings.
Other symbols: JPMWFC
9 days ago - CNBC Television
S&P 500 Rises Over 1%; Citigroup Reports Upbeat Q2 Results
U.S. stocks traded higher toward the end of trading, with the Dow Jones index surging past the 40,000 mark on Friday.
9 days ago - Benzinga
Citigroup CFO on the bank's transformation and beating Q2 expectations
Mark Mason, Citigroup CFO, joins CNBC's Leslie Picker on 'The Exchange' to discuss Citi's business transformation, addressing regulator concerns, and more.
9 days ago - CNBC Television
JPMorgan, Wells Fargo, and Citi kick off earnings with Q2 beats
Erika Najarian, UBS managing director, joins 'Squawk on the Street' to discuss second-quarter earnings reports from JPMorgan, Wells Fargo, and Citi.
Other symbols: JPMWFC
9 days ago - CNBC Television
Citigroup seeks to end racial-bias lawsuit over ATM fees
Citigroup asked a U.S. judge to dismiss a racial-discrimination lawsuit that claims the bank violated federal civil rights law by waiving ATM fees for customers of minority-owned banks.
9 days ago - Reuters
Citigroup Reports Q2 Earnings: Buy, Sell or Hold?
Citigroup stock is down despite reporting second-quarter earnings results that topped analysts' expectations. Here's what you need to know.
9 days ago - Kiplinger
Citigroup's Q2 2024 results: Revenue and net income surge despite regulatory challenges
Citigroup on Friday reported strong second-quarter results for 2024, surpassing analysts' expectations in both profit and revenue. The multinational investment bank and financial services corporation ...
9 days ago - Invezz
Citi Taps a $41 Million Banker as Wall Street Sputters
Bank earnings that dismayed investors, Citigroup Inc.'s $41 million stock award to its new banking chief and hedge funds' results drove the Wall Street Beat conversation among Sonali Basak, Matthew Mi...
9 days ago - Bloomberg Markets and Finance
Citi's New Banking Chief Gets $41 Million in Stock
Citigroup, which hiredViswas Raghavanas its new head of banking earlier this year, has granted the executive shares worth about $41 million at their current value. Sonali Basak reports.
9 days ago - Bloomberg Markets and Finance
Citigroup Stock Rises After Better-Than-Expected Q2 Profit
Shares of Citigroup (C) rose in premarket trading Friday after the bank's second-quarter profit beat analysts' estimates.
9 days ago - Investopedia
Citigroup tops expectations for profit and revenue - on strong Wall Street results
CNBC's Leslie Picker joins 'Squawk Box' to report on the bank's quarterly earnings results.
9 days ago - CNBC Television
Biggar: JPMorgan is in a sweet spot, but Citi has more room to run
Stephen Biggar, Director of Financial Institutions Research at Argus Research, discusses earnings from JPMorgan, Wells Fargo, and Citigroup.
Other symbols: JPM
9 days ago - CNBC Television
Citi Warns Costs May Be at High End of Previous Forecast
Citigroup said costs for the year are now likely to be at the high end of the range, but the firm notched gains in revenue across all five of its major divisions in the second quarter. Sonali Basak re...
9 days ago - Bloomberg Markets and Finance