Strong Q3-2024 performance with positive operating leverage across all divisions, confirming full-year 2024 revenue and expense targets. Despite the Street's skepticism, I remain bullish on Citi ...

Citi (C) is overhauling pay for its private bankers to try to increase sales of investment products and revamp how the group’s struggling ...

In its banking division, which recently announced a private-credit partnership with Apollo Global Management Inc., Citigroup’s revenue jumped 16% to $1.6 billion, including a 44% increase in ...

U.S. bank Citigroup has moved a "very small" number of its employees from Lebanon into Turkey as the conflict between Israel ...

Citigroup's financial infrastructure powers much of the global economy, but is difficult to upgrade. A move to Google Cloud ...

Banking group Citi aims to enhance operations and customer service through cloud migration and AI implementation in ...

In the latest quarter, Citi set aside 45 per cent more for loan and credit losses than it did a year ago, at $2.7bn. But turnarounds in its investment banking and wealth management divisions ...

Citi's deal pipeline remained robust ... In the U.S. retail banking division, revenue climbed 3% to $5 billion, buoyed by 8% growth in credit card revenue to $2.7 billion. Meanwhile, retail ...

Citigroup, Inc. C had an impressive performance ... banking (especially IB) and wealth divisions. In the first nine months of 2024, overall fee revenues saw an uptick of 6%, driven by strength ...

However, the bank set aside more money to offset potential loan losses. Citi's banking division reported an 18% increase in revenue year over year, led by a 31% gain in its investment banking arm.