Citigroup Inc. News
11 Wall Street Banks Pay $710 Million Fine for Shoddy Record Keeping
Wall Street banks are paying for their lax record keeping of texts, WhatsApp and Signal messages.
Buy Now, Pay Later Payments: New Rules Consumers Should Know
Big changes are ahead for Buy Now Pay Later
Goldman Sachs Stock Leaps After Q2 Earnings Beat, Dividend Boost
“We delivered solid results in the second quarter as clients turned to us for our expertise and execution in these challenging markets," said CEO David Solomon.
Bank Of America Misses Q3 Earnings Forecast As Deal Fees Slump: Stock Gets Boost From Rate Bets
"Solid client activity across our businesses, coupled with higher interest rates, drove strong net interest income growth and allowed us to perform well in a weakened capital markets environment," said CEO Brian Moynihan.
Citigroup, Wells Fargo Face Must-Clear Levels After Earnings
Citigroup and Wells Fargo are rallying on earnings. Here are the levels they must clear now.
Citigroup Stock Soars After Q2 Earnings Beat, Smaller Bad Loan Provision
“In a challenging macro and geopolitical environment, our team delivered solid results and we are in a strong position to weather uncertain times," said CEO Jane Fraser.
Stock Market Today-7/15: Stocks End Higher After Solid June Retail Sales, Fading Big Fed Rate Bets
Fading Fed rate hike bets, as well as solid earnings from UnitedHealth, pushed stocks higher Friday following a solid reading for June retail sales.
Wells Fargo Stock Jumps As Buyback Hopes Offset Q2 Earnings Miss, $580 Million Bad Loan Provisions
"We do expect credit losses to increase from these incredibly low levels, but we have yet to see any meaningful deterioration in either our consumer or commercial portfolios," said CEO Charlie Scharf.
Stocks Edge Higher, Banks, Retail Sales, Pinterest and President Biden in Focus - Five Things To Know
Stock futures edge higher as jumbo rate hike bets fade; Retail sales in focus amid gas price, inflation surge; Citigroup, Wells Fargo earnings on deck after JPMorgan miss; Pinterest shares surge on report of activist Elliott stake and Biden kicks-off controversial Saudi visit amid oil market retreat.
Trevor Noah Has Many Potential Replacements at 'The Daily Show'
But Comedy Central could also do something really unexpected with its former flagship program.
Musk Reveals New Cybertruck Features That Will Amaze EV Buyers
Tesla is expected to start production of its highly anticipated futuristic truck in 2023.
Disney Gives Beloved Character a Starring Movie Role
A development team led by Seth Rogen is working on a production that centers on a less well-known character with a nonetheless devoted following.
Fed Inflation Gauge Speeds Higher In August, Adding To Rate Hike Bets
The Fed's preferred inflation gauge topped Street forecasts Friday, snuffing out hopes of a near-term change in the central bank's rate hiking plans.