There is justifiable optimism about the big banks' business prospects. Loan demand is expected to accelerate, the peak in delinquencies is now behind us, deal pipelines are seen as steadily getting stronger, and trading activities remain robust.
There is justifiable optimism about the big banks' business prospects. Loan demand is expected to accelerate, the peak in delinquencies is now behind us, deal pipelines are seen as steadily getting stronger, and trading activities remain robust.
C is set to sell a 25% stake in Banamex to Fernando Chico Pardo as part of its sweeping global overhaul.
Jason Bazinet, Citigroup media and entertainment analyst, joins CNBC's 'Money Movers' to discuss Disney's response to the Kimmel suspension, the financial impact of its streaming price hikes, and why investors remain focused on parks and streaming over linear TV.
C's August credit card metrics show lower delinquencies but higher charge-offs, with lending activity inching up.
One of the main drivers of the business cycle (and therefore some stocks) is the direction of credit and liquidity. In this sense, these two areas of the United States economy are driven mainly by where interest rates are.
C teams up with BLK to launch an $80B global portfolio platform, blending its advisory with BLK's investment expertise.
Investment banks surge in 2025 as M&A rebounds, AI boosts efficiency, and GS, JPM, C, EVR and IBKR shine.
C's July card delinquencies move up, yet charge-offs ease and remain well below the pre-pandemic levels.
Citigroup is reportedly considering getting involved in stablecoins. The bank is exploring providing stablecoin-powered payments as well as custody services for the assets that back stablecoins and crypto-related investment products, Biswarup Chatterjee, global head of partnerships and innovation for Citigroup's services division, told Reuters in a report posted Thursday (Aug. 14).
Citigroup's turnaround is gaining momentum, with accelerating top-line growth and multiyear-high EPS growth driven by strong expense control and efficiency improvements. Segment results show robust growth in wealth, banking, and services while U.S. personal banking faces some consumer headwinds and credit losses. The outlook remains positive, with modest revenue growth, declining expenses, and a significant increase in capital returns through buybacks and dividends.
Citigroup is exploring providing stablecoin custody and other services, a top executive told Reuters, in a further sign sweeping policy changes in Washington are spurring major financial firms to expand into the cryptocurrency business.