Citigroup Inc. (C)
Citigroup Nears Banamex Spin-Off Amid Organizational Overhaul
C nears divesting Banamex as part of its restructuring efforts to exit the retail banking business in some markets and invest in sectors with high potential.
Billionaire Ken Griffin Is Buying These Warren Buffett Stocks Hand Over Fist. Should You?
Warren Buffett and Ken Griffin share a few things in common. First, they're both billionaires and highly respected investors.
A Simpler Citigroup Begins to Take Shape
CEO Jane Fraser is moving closer to a spinoff of Mexican consumer bank Banamex.
Citigroup Expands Into Mortgage Market With Investment in Pylon
C's investment in Pylon will help automate mortgage origination and offer interim funding to consumers until the loans reach the capital markets.
Citigroup to Slash Year-End Promotions Amid Organization Overhaul
C plans to cut year-end promotions as part of the organizational overhaul plan to achieve cost efficiency.
Citigroup: Still Undervalued As Restructuring Is Showing Results
Citigroup has appreciated over 50% in the past year, yet still trades at a discount, offering a 3%+ dividend yield and potential for further gains. Under Jane Fraser's leadership, Citigroup has reduced expenses, increased revenue, and is well-positioned for a lower-rate environment, making it a strong value play. Despite risks like regulatory changes and economic downturns, Citigroup's turnaround efforts and strategic partnerships signal continued growth and undervaluation compared to peers.
It's Still Early In The Citigroup Turnaround Story - Buy In Now
Citigroup's recent financials show stable top-line performance but falling profitability due to ongoing investments in tech and human capital. We expect these investments to pay off over the next few years, as EPS appears set to grow substantially into 2030. The Company's valuation is attractive, with low P/E and P/B ratios compared to peers.
Citigroup slashes banker promotions in cost-cutting drive: report
Just 2,000 Citi employees can look forward to an early Christmas present of a pay raise and a more senior title, down from 8,000 in previous years, the FT reported.
Citigroup hires Kate Moore from BlackRock as wealth CIO
Citigroup announced on Tuesday it is hiring Kate Moore as its new wealth division's chief investment officer.
Citigroup Obtains License to Establish Regional Headquarters in Riyadh
C obtains a license to establish regional headquarters in Riyadh to capitalize on the country's growth potential.
Citi Is Using Special Bonuses to Retain Wealth Bankers
As Citigroup revamps its wealth business, it's unveiled a new strategy to keep top bankers from leaving--dishing out special retention bonuses for dozens of personnel. Bloomberg's Todd Gillespie breaks down the story on "Bloomberg Open Interest.
Final Trades: Deckers, Electronic Arts, Citigroup and the INDA
The Investment Committee give you their top stocks to watch for the second half.
