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Citigroup has 'no room for bystanders' in reorganization, ceo says
Citigroup CEO Jane Fraser said on Friday that top employees were on board with the company's sweeping reorganization, and that there was "no room for ...
September 29, 2023, 12:08 pm
Citigroup ceo jane fraser sees 'cracks' emerging among some consumers as savings dry up
Lower-end consumers have shifted buying patterns to save money as their bank accounts dwindle in size, according to Citigroup CEO Jane Fraser....
September 29, 2023, 12:01 pm
Citigroup ceo jane fraser sees 'cracks' emerging among some consumers as savings dry up
Citigroup CEO Jane Fraser joins 'Squawk on the Street' to discuss the vision behind splitting Citi into five business units, whether layoffs are part ...
September 29, 2023, 11:27 am
Sec fines citigroup, former unit over customer disclosures
Citigroup and a former unit were fined $1.975 million by the U.S. Securities and Exchange Commission on Thursday for making securities recommendations...
September 28, 2023, 4:56 pm
Citigroup (c) is planning to reduce its workforce in tampa
Citigroup (C) is likely to reduce its workforce in Tampa as part of the major strategic reform including efforts to revamp the company's corporate str...
September 28, 2023, 12:02 pm
Citigroup (c) plans to sell china retail wealth unit to hsbc
Citigroup (C) is in talks to sell its China retail wealth management business to HSBC Holdings as part of its plan to exit from consumer banking outsi...
September 28, 2023, 11:17 am
Exclusive: hsbc to acquire citigroup china consumer wealth business -sources
HSBC is set to acquire Citigroup's China consumer wealth management business, which manages more than $3 billion in assets, two sources with knowledge...
September 27, 2023, 11:08 pm
Amc price prediction: citi claims amc entertainment is worth less than $5
Citigroup recently dropped its price target on AMC Entertainment (NYSE: AMC ) from $15.50 to $4.75 per share, reiterating a “sell” rating for shar...
September 27, 2023, 10:41 am
Citigroup readying $5b bond offering as first such deal in four years, source says
A Citigroup Inc. C, -1.95% unit is raising $5 billion in debt in a bond offering in its first such deal in four years, a person familiar with the bank...
September 27, 2023, 7:50 am
Costco wholesale corporation (cost) q4 2023 earnings call transcript
Costco Wholesale Corporation (NASDAQ:COST ) Q4 2023 Earnings Conference Call September 26, 2023 5:00 PM ET Company Participants Richard Galanti - CFO ...
September 26, 2023, 9:35 pm
Citigroup (c) warns of potential layoffs in its uk business
As part of the previously announced reorganization efforts, Citigroup (C) alerts employees in the U.K. of probable job cuts....
September 25, 2023, 1:32 pm
Citigroup stock price is dirt cheap: is it a buy during the turnaround?
Citigroup (NYSE: C) stock price has underperformed its peers in the past decade. It has risen by more than 80% since 2009 while the SPDR S&P Bank ETF ...
September 25, 2023, 12:32 pm
Weekly market wrap: nomura’s bitcoin fund, citigroup blockchain move fail to lift bitcoin above us$27,000
Bitcoin rose 0.77% from Sept. 15 to Sept. 22, to US$26,647 as of 8:30 p.m. Friday in Hong Kong. The world’s largest cryptocurrency by market capital...
September 22, 2023, 2:44 pm
Citi launches institutional blockchain platform targeting cross-border payments
Citigroup Inc (NYSE:C) has officially unveiled its private blockchain service Citi Token Services, a smart contract-based solution designed to support...
September 19, 2023, 6:48 am
Citi says oil could briefly touch $100/bbl, but even $90 is not sustainable
A note from Citigroup commodity analysts via CNBC (gated). Analysts at the bank say Oil prices may head toward $100 "for a short while", citing output...
September 18, 2023, 8:43 pm
Charlotte fintech foro buys citigroup’s small-business lending platform
Charlotte commercial lending startup Foro has purchased Bridge, a lending platform for small and medium-sized businesses founded by Citigroup Inc. (NY...
September 18, 2023, 7:44 pm
Oil continues its incredible run as it climbs another $1
Citigroup hasn't quite thrown in the towel on oil yet. In August, they were saying crude would fall after summer ended and could hit $68/barrel. Now t...
September 18, 2023, 1:20 pm
2 warren buffett stocks to buy hand over fist in may
The credit card market is evolving in a way that rewards the players offering the most perks. Citigroup CEO Jane Fraser is implementing some long-over...
September 18, 2023, 12:09 pm
Citi launches blockchain-based token services for cash management and trade finance
(Kitco News) - Citigroup has announced the creation and pilot testing of the blockchain-based Citi Token Services for cash management and trade financ...
September 18, 2023, 11:21 am
Citigroup restructuring to eliminate regional roles, cco livingstone says
Citigroup Chief Client Officer David Livingstone says, “we now have a structure that speaks to our strategy,” as he explains the firm's management...
September 18, 2023, 10:41 am