C / Citigroup profit climbs on higher interest income

The inability to correct underlying issues identified in multiple consent orders going back years has caused significant pain for the company and the more_horizontal

Following the rise in interest rates, many stocks, including shares in large, well-known companies, now sport relatively high dividend yields. Yet bef more_horizontal

Financial stocks are struggling on multiple fronts. First, legacy financial and banking institutions face increased credit risk as high rates push dep more_horizontal

Citigroup's preferred shares may be called due to the use of the SOFR benchmark rate, making some of the preferred equity expensive. Citigroup's Q3 re more_horizontal

Citigroup is focused on simplifying its financial services portfolio to improve profitability and competitiveness in the long run. The bank's turnarou more_horizontal

We also chat with IWG CEO Mark Dixon about the changing role of the office. more_horizontal

The Federal Reserve on Thursday said it has terminated a 2015 cease and desist order related to foreign exchange trading practices at Citigroup Inc. C more_horizontal

In the bustling world of Wall Street, a few names command unrivaled respect — and Warren Buffett stands tall among them. For decades, investors have more_horizontal