Citigroup

CE100™ Loses 13.6% in 1Q 2022
CE100™ Loses 13.6% in 1Q 2022
April 04, 2022  |  Connected Economy

There’s no way to sugarcoat it. To boil down the performance of the CE100™ Index, one word would suffice: underperformance. Get the Full Story Complete...

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Citigroup Launches Three-Phase Plan to Overhaul Operations and Returns
Citigroup Launches Three-Phase Plan to Overhaul Operations and Returns
March 02, 2022  |  Banking

Citigroup executives Wednesday (March 2) unveiled a three-phase plan they say will streamline the banking conglomerate’s operations and improve return rates for customers, according to...

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EMEA Daily: Switzerland Breaks Neutrality, Freezes Russia’s Assets; Dutch Antitrust Body Hits Apple with Sixth Fine of $5.7M
EMEA Daily: Switzerland Breaks Neutrality, Freezes Russia’s Assets; Dutch Antitrust Body Hits Apple with Sixth...
February 28, 2022  |  International

In today’s top Europe, Middle East, and Africa news, Switzerland put neutrality on hold and froze all of Russia’s assets due to the invasion of...

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Citigroup’s Russian Exposure at $5.4B
Citigroup’s Russian Exposure at $5.4B
February 28, 2022  |  International

Citigroup reported Monday (Feb. 28) that its total exposure to Russian assets was at $5.4 billion at the end of December 2021, down from $5.5...

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HSBC CEO: No Plans to Buy Citi’s Banamex Bank in Mexico
HSBC CEO: No Plans to Buy Citi’s Banamex Bank in Mexico
February 23, 2022  |  Banking

HSBC executives, representing one of Mexico’s biggest banks, have told investors that the bank doesn’t want to buy out Citigroup’s consumer bank Banamex, Reuters reported...

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Criminal Charges Against Deutsche Bank, Citigroup Dropped in Australian Banking Cartel Case
Criminal Charges Against Deutsche Bank, Citigroup Dropped in Australian Banking Cartel Case
February 11, 2022  |  Legal

Federal prosecutors on Friday (Feb. 11) dropped criminal charges against Citigroup, Deutsche Bank and four senior bankers related to a “significant cartel case” by the...

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Goldman Sachs Sees 13% Drop in Q4 Profits
Goldman Sachs Sees 13% Drop in Q4 Profits
January 18, 2022  |  Earnings

Goldman Sachs saw its profits decline by 13% in the fourth quarter, the banking giant announced Tuesday (Jan. 18). Get the Full Story Complete the...

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Big Bank Earnings Show Consumer Spending’s Continued Resilience
Big Bank Earnings Show Consumer Spending’s Continued Resilience
January 17, 2022  |  Banking

As earnings season gets underway, a trio of big bank earnings points to variations on some themes: Consumers are still spending, loan losses seem manageable...

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Investors Wary of Future Big Bank Profits
Investors Wary of Future Big Bank Profits
January 16, 2022  |  Banking

Big U.S. bank bosses have been optimistic about the economic outlook as of this past week, but investors have been skeptical of the growth outlook,...

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