Citigroup Inc. (C)
Citigroup profit drops on bigger stockpiles for potential loan losses
Citigroup's profit fell 9% in the third quarter as it set aside more money to cover the risk of loan defaults, particularly on credit cards.
Citigroup earnings are due Tuesday. Here's what Wall Street expects
Citigroup is set to report its third-quarter results before the opening bell on Tuesday. The bank has an analyst call to discuss the quarter scheduled for 11 a.m.
Goldman Sachs, Citigroup, and Bank of America: The Key to New Market Highs?
In recent days, U.S. markets have shown notable strength, driven by a mix of solid earnings reports and positive economic data.
Exclusive: A key to Citi's regulatory woes: staff need skills 'enhancement'
Citigroup has struggled to adequately train employees in risk, compliance and data roles, according to the bank's own assessment, shedding light on why it is taking it years to fix regulatory issues even as billions are spent on an overhaul.
Citigroup Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Citigroup Inc. C will release earnings results for its third quarter, before the opening bell on Tuesday, Oct. 15.
Citigroup Calls for Dismissal of New York Lawsuit Over Online Scams
C's lawyers counter the lawsuit by asserting that the bank adheres to Uniform Commercial Code standards that protect it from liability for fraud-related losses.
Citi Debuts Token Services for Cash Cross-Border Payments Tool
Citi says its Token Services for Cash program has gone live after a pilot phase. The new commercial solution, announced Thursday (Oct. 10), processes multimillion-dollar transactions and offers clients “24/7, always-on” cross-border liquidity and payments between participating Citi branches.
Citibank Urges Dismissal of Lawsuit Alleging Failure to Prevent Fraud
Citibank lawyers urged a judge Tuesday (Oct. 8) to throw out a suit filed in January by New York Attorney General Letitia James that accuses the bank of failing to protect fraud victims.
Citi pushes back on New York lawsuit over fraud scams, Bloomberg News reports
Citigroup's lawyers have urged U.S. District Judge Paul Oetken to dismiss a suit filed in January by Attorney General Letitia James, which accuses its Citibank unit of failing to reimburse customers who fall victim to online scammers, Bloomberg News reported on Tuesday.
Assessing Citigroup Before Q3 Earnings: How Should You Play C Stock?
C is slated to report Q3 earnings next week. Here, we assess factors influencing its performance and how investors should play this stock.
Citi hires LaVoie from Wells Fargo to head West Coast private equity M&A
Investment banker John LaVoie is joining Citigroup to head up its U.S. West Coast private equity dealmaking unit, according to an internal memo seen by Reuters on Tuesday.
Goldman and Citigroup Boost Ratings on Chinese Stocks Amid Positive Outlook
As the Chinese stock market reopens after the National Day holiday, investors are keen to see if the pre-holiday rally will continue. Goldman Sachs has raised its rating on Chinese stocks to "overweight," anticipating an increase in benchmark valuations.
