Citigroup reported underwhelming first-quarter results on Wednesday (April 15) as the coronavirus continues to shake the global economy, announcing an approximately $5 billion increase in loan-loss...
Three months seems a lifetime ago, pre-coronavirus pandemic, pre-recession, pre-lockdown, pre-bailouts. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Citigroup’s 204,000 U.S. employees hope it’s not an April Fools’ joke. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
U.S. President Donald Trump has asked top bankers to attend a meeting regarding the coronavirus outbreak, as leaders worldwide try to assess the damage to...
French buyout fund Eurazeo has enlisted the help of Citigroup and Evercore to sell its payments enterprise Planet, Reuters reported on Wednesday (Jan. 22), citing three...
There are a few common themes among big bank earnings reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
With increasing sales from its consumer business and formidable fixed-income trading revenues, Citigroup reported quarterly results Tuesday (Jan. 14) that handily came out ahead of analyst...
China is finalizing its first rules for online-only banks, striving to reduce financial jeopardy and lure pivotal participants, Reuters reported on Monday (Jan. 13), citing...
Like clockwork, earnings season is here. Every three months, Wall Street takes stock (no pun intended) of how companies’ bottom lines are faring and whether top...