Growth in investment banking and equity markets revenue helped drive a better-than-expected report for Citi in the third ...
Ida Liu, an 18-year veteran of the bank, did not detail her future. Citi eliminated her post and will instead have four ...
Goldman Sachs ( GS 6.02%), and Citigroup ( C 6.49%) were all higher by 5% or more for the day. There are two main reasons why ...
Citigroup’s fourth-quarter results just landed. The bank swung to a profit, boosted by stronger revenue in divisions ...
A prominent Citigroup executive is leaving as the bank reorganizes an elite arm of its wealth management business, the latest ...
The megabank is simplifying the management structure of its private bank. Regional leaders will now report directly to Andy ...
Shares of the third-largest U.S. lender were last up 5% in premarket trading on Wednesday after Citigroup said its board has ...
Trading desks benefited from a steep increases in U.S. equities, with the S&P 500 touching record-high levels in the fourth ...
Truist analyst John McDonald assigned a Buy rating to Citigroup. Also Read: Bank of America Q4 Earnings: $6.7 Billion Profit, $1.7 Billion In Investment Banking Fees Goldman Sachs: Citi managed to ...
Berkshire took a new stake in Citigroup ( C 1.88%) in 2022 and the stock currently makes up 1.5% of Berkshire's portfolio.
Liu, who will leave at the end of the month, has led the part of Citigroup that caters to its highest-wealth clients for almost four years and has had an 18-year career with the New York-based bank.
Strong IB revenues, along with lower expenses, support C's Q4 earnings. However, a decline in deposit balance is a headwind.