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Citigroup
Citigroup to Cut 20,000 Jobs Over 2 Years
Citigroup on Jan. 12 said it would slash 20,000 jobs, or 10 percent of its workforce, by the end of 2026 following its worst quarterly financial results in more than ...
January 15, 2024
BY
Jane Nguyen
The Weaponization of Your Bank
Commentary The war on conservatives and traditional values has expanded to a new and threatening front. Commercial banks, ...
July 26, 2023
BY
Michael Wilkerson
Citigroup Expects the US to Fall Into a Recession in the Fourth Quarter
Citigroup said it believes the United States likely will fall into a "shallow" recession in the fourth quarter ...
April 19, 2023
BY
Katabella Roberts
Citigroup Beats Estimates on Higher Income From Loans; Shares Rise
Citigroup Inc.'s first-quarter profit beat Wall Street expectations as it earned more from borrowers paying higher interest on ...
April 14, 2023
BY
Reuters
Citigroup CEO Says, ‘This Is Not a Credit Crisis,’ After Three US Bank Failures
The head of Citigroup denied that there was a credit crisis despite three U.S. bank failures and the ...
March 24, 2023
BY
Bryan Jung
Citigroup Expects ‘Less Hard’ Landing for Global Economy This Year
Citigroup economists on Wednesday raised their global growth forecast slightly and see a "less hard" landing but still ...
February 22, 2023
BY
Reuters
Citigroup Stopped From Underwriting $3.4 Billion Texas Bond for ‘Discriminating’ Against Gun Industry
Citigroup was dropped from plans to underwrite Texas' largest ever municipal bond—a $3.4 billion plan to raise investment ...
February 10, 2023
BY
Ryan Morgan
Citigroup Misses Profit Estimates on Provision Hike, Dealmaking Slowdown
Citigroup Inc. reported a 21 percent fall in quarterly profit on Friday, missing forecasts, as the bank increased ...
January 13, 2023
BY
Reuters
Citigroup Profit Falls on Higher Loan-Loss Reserves, Weak Dealmaking Activity
Citigroup Inc. reported a 25 percent drop in third-quarter profit on Friday as the most global of U.S. ...
October 14, 2022
BY
Reuters
Wall Street Experts Split on Stock Market Trajectory
With the world grappling with inflation, political tensions stemming from the Russia–Ukraine war, and worries about an impending ...
July 11, 2022
BY
Naveen Athrappully
Probability of Global Recession Nearing 50 Percent: Citigroup Economists
Citigroup economists have forecast the chance of a global recession nearing 50 percent as central banks hike interest ...
June 22, 2022
BY
Katabella Roberts
Citigroup Says Human Error Caused ‘Flash Crash’ Hit to European Shares
Citigroup Inc. said on May 2 that a so-called "flash crash" in European stock markets occurred when one of ...
May 3, 2022
BY
Katabella Roberts
Citigroup Profit Sinks 46 Percent on Loan Loss Provisions, Dealmaking Slump
NEW YORK—Citigroup Inc. could lose as much as $3 billion from its Russia exposures, $2 billion less than ...
April 14, 2022
BY
Reuters
Moody’s Places All Citibanamex Ratings, Assessments on Review for Downgrade
MEXICO CITY—Ratings agency Moody's Investors Service on Sunday placed all ratings and assessments of the consumer banking arm ...
January 18, 2022
BY
Reuters
Citigroup Maintains Vaccine Mandate Deadline Despite SCOTUS Ruling
Citigroup is standing by its Jan. 14 deadline by which it expects employees to be fully vaccinated or ...
January 14, 2022
BY
Tom Ozimek
Citi to Exit Mexican Consumer Business as Part of Strategy Revamp
NEW YORK—Citigroup Inc will exit its Citibanamex consumer banking business in Mexico, the bank said on Tuesday ending ...
January 13, 2022
BY
Reuters
Citigroup Expects up to $1.5 Billion Charge From South Korea Retail Banking Exit
Citigroup Inc. said on Monday it expects to take a cash charge of nearly $1.2 billion to $1.5 ...
November 9, 2021
BY
Reuters
Citi Mandating 65,000 US Employees to Get Fully Vaccinated
Citigroup, the nation’s third-largest bank, said Thursday that it will require all U.S. employees to be fully vaccinated ...
October 30, 2021
BY
Naveen Athrappully
Citigroup Warns of Hefty Charges From South Korea Consumer Business Closing
Citigroup Inc on Monday warned of significant charges related to the closing of its consumer banking business in ...
October 27, 2021
BY
Reuters
Citigroup Executive Levkovich Dies a Month After Being Hit by Car
Citigroup Inc.'s chief U.S. equity strategist, Tobias Levkovich, died on Friday from injuries he suffered after being struck ...
October 2, 2021
BY
Reuters
Citigroup Cannot Recoup Revlon Payouts After Nearly $900 Million Gaffe: US Judge
NEW YORK—A federal judge on Tuesday said Citigroup is not entitled to recoup half a billion dollars of ...
February 18, 2021
BY
Reuters
Google Looks to Offer Personal Banking Accounts Next Year
SAN FRANCISCO—Alphabet Inc's Google said on Wednesday it will offer personal checking accounts next year through its Google ...
November 13, 2019
BY
Reuters
Citigroup, BNP Caught Up in US Case Against Huawei CFO: Documents
NEW YORK—U.S.-based Citigroup and French bank BNP Paribas are caught up in the U.S. criminal case against the ...
August 21, 2019
BY
Reuters
EU Fines Five Banks $1.2 Billion for Foreign Exchange Rigging
The European Union fined Barclays, Citigroup, JP Morgan, MUFG and Royal Bank of Scotland a combined 1.07 billion ...
May 16, 2019
BY
Reuters
Citigroup Sees $2 Billion More Revenue From Lending in 2019, Shares Rise
Citigroup Inc. said it would earn $2 billion more in revenue from its lending activities this year than ...
January 15, 2019
BY
Reuters
Global Banks Curb China Travel After UBS Banker Stopped From Leaving
HONG KONG—Several global banks including Citigroup and Standard Chartered have asked their private banking staff to postpone or ...
October 22, 2018
BY
Reuters
Louisiana Bars Citi, Bank of America From $600 Million Bond Sale Over Gun Policies
The Louisiana Department of the Treasury cut banking giants Citigroup and Bank of America out of a $600 ...
August 19, 2018
BY
Ivan Pentchoukov
TOP NEWS
Trump Urges Netanyahu Not to Retaliate After Iran’s Missile Attack
NEW
By
T.J. Muscaro
America in Photos: USS Iwo Jima Naval Homecoming, Belmont Stakes Horse Race, and Tiananmen Massacre Memorial
NEW
By
Epoch Times Staff
Trump on Iran Conflict: Troops Staying Until ‘We Have a Completion’
4hr
By
T.J. Muscaro
Iran Launches First Missiles at Israel Since Ceasefire Agreement
5hr
By
Jacki Thrapp
and
T.J. Muscaro
Israel Strikes Beirut Days After US-Supported Ceasefire Announcement
6hr
By
Jack Phillips
Former Utah Attorney General Fights the Evil That Lurks in Quiet Places
7hr
By
Savannah Hulsey Pointer
US Forces Shoot Down 2 Iranian Drones as Pakistani Interior Minister Visits Tehran
9hr
By
Jacki Thrapp
US Won’t Unfreeze Iran’s Assets Before Peace Deal Is Reached, Trump Says
9hr
By
Jacki Thrapp
Fascia: The Living, Interconnected Web Behind Movement and Healing—How to Enhance Its Function
10hr
By
Mercura Wang
Eli Lilly Poised to Suspend Drug Discounts to Large Hospitals
14hr
By
Lawrence Wilson