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Government fines Citigroup $136 million for failing to fix longstanding internal control issues
Associated Press Finance via Yahoo Finance Canada· 7 days agoIt's a major blow to Jane Fraser, the bank's CEO, who has staked her career on making Citi leaner...
UAE Hotel Group Hires Citi, First Abu Dhabi Bank for Catering Unit IPO
Financial Post· 1 day agoA wave of listing activity in the Persian Gulf, which gathered steam in late 2021, has shown no...
Pressure is building on Wall Street’s most powerful woman to pull Citi out of the gutter | CNN...
CNN.com· 6 days agoA version of this story appeared in CNN Business’ Nightcap newsletter. Three years ago, as the...
Citi Warns Costs Likely to Be at High End of Previous Forecast
Bloomberg· 5 days agoCitigroup Inc. said costs for the year are now likely to be at the high end of the range it...
Dive Deposits: It was Citi’s week and, arguably, everybody won
Banking Dive· 5 days agoProfit at the bank jumped 10% — to $3.22 billion — during the second quarter, compared with the same three-month span a year earlier. Broken down to the ...
Citi profit beats on surge in investment banking, services strength
Reuters via Yahoo Finance Canada· 5 days agoCiti had a 7.2% shareholder return in the second quarter, far from its target of 11% to 12%, said...
Citi’s Investment Banking Fees Jump 63%
Barrons.com· 5 days agoCitigroup pulled in $935 million in investment-banking fees during the second quarter, up 63% from a year prior, the bank said in its earnings report on...
Citi to Buy Back $1 Billion of Stock in Third Quarter
Barrons.com· 5 days agoOn Wednesday, the Federal Reserve Board fined Citi $60.6 million and the Office of the Comptroller...
Ethereum could rally 60% following ETH ETF launch
The Forex Market· 1 day agoEthereum ETFs will push ETH to a new all-time high above $5,000, says Bitwise. Citi predicts ETH ETFs will attract around $5 billion in net inflows...
Citi remains bullish on storage stocks amid a cyclical demand recovery
Investing.com via Yahoo Finance Canada· 6 days agoCiti analysts reaffirmed their positive outlook on storage stocks in a note to clients Friday. They specifically highlighted Seagate Technology (STX) and ...