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Citigroup

  • Citigroup to Cut 20,000 Jobs Over 2 Years
    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, 2024BY Jane Nguyen
  • The Weaponization of Your Bank
    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, 2023BY Michael Wilkerson
  • Citigroup Expects the US to Fall Into a Recession in the Fourth Quarter
    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, 2023BY Katabella Roberts
  • Citigroup Beats Estimates on Higher Income From Loans; Shares Rise
    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, 2023BY Reuters
  • Citigroup CEO Says, ‘This Is Not a Credit Crisis,’ After Three US Bank Failures
    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, 2023BY Bryan Jung
  • Citigroup Expects ‘Less Hard’ Landing for Global Economy This Year
    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, 2023BY Reuters
  • Citigroup Stopped From Underwriting $3.4 Billion Texas Bond for ‘Discriminating’ Against Gun Industry
    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, 2023BY Ryan Morgan
  • Citigroup Misses Profit Estimates on Provision Hike, Dealmaking Slowdown
    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, 2023BY Reuters
  • Citigroup Profit Falls on Higher Loan-Loss Reserves, Weak Dealmaking Activity
    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, 2022BY Reuters
  • Wall Street Experts Split on Stock Market Trajectory
    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, 2022BY Naveen Athrappully
  • Probability of Global Recession Nearing 50 Percent: Citigroup Economists
    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, 2022BY Katabella Roberts
  • Citigroup Says Human Error Caused ‘Flash Crash’ Hit to European Shares
    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, 2022BY Katabella Roberts
  • Citigroup Profit Sinks 46 Percent on Loan Loss Provisions, Dealmaking Slump
    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, 2022BY Reuters
  • Moody’s Places All Citibanamex Ratings, Assessments on Review for Downgrade
    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, 2022BY Reuters
  • Citigroup Maintains Vaccine Mandate Deadline Despite SCOTUS Ruling
    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, 2022BY Tom Ozimek
  • Citi to Exit Mexican Consumer Business as Part of Strategy Revamp
    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, 2022BY Reuters
  • Citigroup Expects up to $1.5 Billion Charge From South Korea Retail Banking Exit
    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, 2021BY Reuters
  • Citi Mandating 65,000 US Employees to Get Fully Vaccinated
    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, 2021BY Naveen Athrappully
  • Citigroup Warns of Hefty Charges From South Korea Consumer Business Closing
    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, 2021BY Reuters
  • Citigroup Executive Levkovich Dies a Month After Being Hit by Car
    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, 2021BY Reuters
  • Citigroup Cannot Recoup Revlon Payouts After Nearly $900 Million Gaffe: US Judge
    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, 2021BY Reuters
  • Google Looks to Offer Personal Banking Accounts Next Year
    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, 2019BY Reuters
  • Citigroup, BNP Caught Up in US Case Against Huawei CFO: Documents
    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, 2019BY Reuters
  • EU Fines Five Banks $1.2 Billion for Foreign Exchange Rigging
    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, 2019BY Reuters
  • Citigroup Sees $2 Billion More Revenue From Lending in 2019, Shares Rise
    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, 2019BY Reuters
  • Global Banks Curb China Travel After UBS Banker Stopped From Leaving
    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, 2018BY Reuters
  • Louisiana Bars Citi, Bank of America From $600 Million Bond Sale Over Gun Policies
    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, 2018BY Ivan Pentchoukov
TOP NEWS
  • Here’s Who Won Key House Primaries in Arizona
    NEW By Nathan Worcester
    Here’s Who Won Key House Primaries in Arizona
  • FDA Investigates New Cyclospora Outbreak as Cases on Rise Across Midwest
    3hr By Kimberly Hayek
    FDA Investigates New Cyclospora Outbreak as Cases on Rise Across Midwest
  • Trump Denounces Communism, Touts Trump Accounts for Children in Georgia Speech
    4hr By Travis Gillmore
    Trump Denounces Communism, Touts Trump Accounts for Children in Georgia Speech
  • 124 Swiss Lawmakers Condemn Beijing’s Transnational Repression of Falun Gong
    4hr By Arthur Zhang
    124 Swiss Lawmakers Condemn Beijing’s Transnational Repression of Falun Gong
  • Live From Capitol Hill: ‘Unbroken’ Panel Discussion on Artistic Freedom
    5hr By Epoch Video
    Live From Capitol Hill: ‘Unbroken’ Panel Discussion on Artistic Freedom
  • The New Cholesterol Pill Isn’t for Everyone. Here’s How to Tell.
    5hr By Sheramy Tsai
    The New Cholesterol Pill Isn’t for Everyone. Here’s How to Tell.
  • Senate Panel Advances Bill to Make Hospitals Compete on Price
    6hr By Lawrence Wilson
    Senate Panel Advances Bill to Make Hospitals Compete on Price
  • House Adopts Budget Blueprint for $95 Billion Reconciliation Package
    6hr By Jackson Richman
    House Adopts Budget Blueprint for $95 Billion Reconciliation Package
  • House Passes Congressional Stock Trading Ban
    6hr By Jackson Richman and Nathan Worcester
    House Passes Congressional Stock Trading Ban
  • US Signs Nuclear Cooperation Deal With Saudi Arabia
    7hr By Emel Akan
    US Signs Nuclear Cooperation Deal With Saudi Arabia
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