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 ...

The Department of Justice, the Federal Bureau of Investigation, and the Internal Revenue Service have been investigating the ...

Citigroup is stepping up efforts to expand its wealth management division by enhancing recruitment packages for experienced financial advisors. This move is part of the broader strategy led by ...

Citi Wealth announced this week that it has hired Eric Lordi, a former J.P. Morgan executive, to lead its digital division.

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 ...

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

Citigroup is revamping pay for its private bankers in an attempt to boost sales of investment products and overhaul how the ...

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

Microsoft Corp. (MSFT, Financials) is focusing on enhancing cost efficiencies across its operations and aiming for ...

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.

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 ...

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 ...