Citigroup Inc. (C)
U.S. Banks Soar as Fed Signals Rate Cuts Starting in September
U.S. bank stocks like C, JPM, WFC, EBMT, and FFWM rallied as the Federal Reserve signaled a rate cut beginning September.
Former Citigroup executive suing bank was fired for performance, company says
Citigroup alleges that a former managing director suing the bank was fired for performance reasons, rather than for what she said were attempts by the bank to give regulators false information.
Citi added new section on reorganization in quarterly report following US SEC query
Citigroup's addition of a new section concerning its multi-year reorganization to its quarterly report filed with the U.S. Securities and Exchange Commission in August, followed queries from the markets regulator.
8 Stocks to Buy for a Trump Landslide—and What to Buy If He Loses
Wolfe Reserach created a basket of companies that would benefit from a Republican sweep, and one of shares that would fall in that scenario.
Citigroup Stock Is Beating S&P500 Index In YTD Returns, What To Expect?
Citigroup's stock (NYSE: C) has gained 18% YTD, compared to the 14% rise in the S&P500 over the same period. Notably, Citigroup's peer Goldman Sachs (NYSE: GS) is up 29% YTD.
3 Bank Stocks to Buy on the Dip: August 2024
It's been a challenging start to the third quarter of 2024 for many stocks throughout the financial sector, and banking is no different. However, plenty of indicators suggest that the brightest bank stocks on Wall Street are well-placed to mount a recovery for investors.
The 3 Best Bank Stocks to Buy in August 2024
When you invest in bank stocks, you are investing in institutions that offer credit cards, insurance, banking services and other financial services. Since the banking industry is at the heart of the global economy, you should have some bank stocks in your portfolio.
Citigroup's head of digital assets for markets unit departs, memo says
Citigroup's head of digital assets for its markets unit, Shobhit Maini, is leaving the bank after more than 14 years, according to an internal memo seen by Reuters.
Citi reportedly the latest US bank to waive bonus cap
Cis set to remove the bonus cap for its London investment bankers after the UK government lifted EU-imposed pay restrictions last year, according to a report in the Sunday Times. This decision follows similar moves by other major banks, including Barclays, JP Morgan, and Goldman Sachs, which have already scrapped the cap.
American Financial Group, Inc. (AFG) Q2 2024 Earnings Call Transcript
American Financial Group, Inc. (NYSE:AFG ) Q2 2024 Results Conference Call August 7, 2024 11:30 AM ET Company Participants Diane Weidner - Vice President of Investor Relations Carl Lindner - Co-CEO Craig Lindner - Co-CEO Brian Hertzman - CFO Conference Call Participants Michael Zaremski - BMO Capital Markets Gregory Peters - Raymond James Charlie Lederer - Citigroup Paul Newsome - Piper Sandler Andrew Andersen - Jefferies Meyer Shields - Keefe, Bruyette, & Woods Bob Farnam - Janney Montgomery Scott Charlie Lederer - Citigroup [Call Started Abruptly] Please be advised that today's conference is being recorded. I would now like to hand the conference over to your first speaker today, Diane Weidner, Vice President of Investor Relations.
Citigroup whistleblower denied share of $400 million penalty
A federal appeals court on Tuesday said a Citigroup vice president was not entitled to a share of a $400 million civil fine that the bank agreed to pay in October 2020 over its risk management failures.
Citigroup wealth executive hired from BofA leaves after months, source says
A Citigroup executive who joined the bank from Bank of America in April is leaving Citi, one source with knowledge of the matter said on Tuesday.
