Citigroup Inc. (C)
Citibank Surges Past Buy Point As Trump Win Boosts Financials
Citigroup is one of the five largest banks in the U.S., serving 19,000 institutional clients. The post Citibank Surges Past Buy Point As Trump Win Boosts Financials appeared first on Investor's Business Daily.
Calls of the Day: Berkshire Hathaway, Citigroup, Visa and Uber
The Investment Committee debate the latest Calls Of The Day.
Citigroup & Google Cloud Collaborate to Accelerate Digital Strategy
C will leverage Google Cloud's Vertex AI platform to deliver generative AI capabilities across the organization.
Citigroup's Citi Digital Bill to Speed Up Receivable's Monetization
C launches CDB to modernize trade finance and reduce dependence on physical documents, couriers and paper handling across various global parties.
5 High-Yield Warren Buffett Dividend Stocks Are Top Wall Street November Picks
24/7 Wall St. Insights The stock market is up a stunning 34% year over year.
Citi Hires Goldman Sachs Executive to Run Lending for Wealth Business
Citi has been focused on revamping its wealth management division.
Citi Begins Rollout of Integrated Digital Bill Discounting Solution
Citi has launched an integrated digital bill discounting solution that it said helps users monetize receivables in less than an hour. The new Citi Digital Bill (CDB) is now available to Citi clients in the U.S., the U.K. and Ireland, the bank said in a Monday (Oct. 28) press release.
Citi Turns to Google Cloud to Update Digital Strategy
Citi has teamed with Google to use artificial intelligence (AI) and cloud technology to bolster its digital strategy. The collaboration, announced Monday (Oct. 28), is designed to use Google Cloud's expertise to upgrade the banking giant's infrastructure.
How Should You Play Citigroup Stock After It Beats on Q3 Earnings?
C ends the third quarter of 2024 on a strong note, with solid growth in the IB business supporting fee revenues. A rise in credit losses is concerning.
Citigroup promotes three bankers in healthcare M&A push
Citigroup has promoted three senior healthcare investment bankers - Sumit Khedekar, Nishant Jadav and Michael Guarino - in the bank's push to win more deals in the industry, an internal memo seen by Reuters on Tuesday showed.
Citigroup: Inherently Undervalued With Promising Restructuring Results - Reiterate Buy
C's ongoing restructuring efforts have been bearing great results, temporarily marred by the higher cost of interest-bearing deposits and USPB's higher net credit losses on loans. Even so, with the Fed already cutting rates, we may see the bank's prospects lift in the intermediate term, as mortgage/ lending activities return. This is significantly aided by the Services segment's growing RoTCE, with it likely to drive robust bottom-line growth from FY2025 onwards - building upon the Banamex IPO in 2025.
Citigroup Faces Growing Troubles: Could the Industry Be at Risk?
The most critical earnings set for investors to look over and digest this season have just come out, and those are the results of the financial sector, particularly from banking stocks. However, investors need to understand that there are two types of banks to watch over this season: commercial banks and investment banks.
