US bank profits set to rise on higher rates while Wall Street lags
NEW YORK: The biggest US consumer lenders are set to post higher profits for the third quarter, in contrast with ...
Tag: citigroup
Citigroup CEO Jane Fraser sees ‘cracks’ emerging among some consumers as savings dry up
Lower-end consumers have shifted buying patterns to save money as their bank accounts dwindle in size, according to Citigroup CEO ...
Citigroup Unveils Token Services for Institutional Clients
In a pilot, Citi used smart contracts to serve the same purpose as bank guarantees and letters of credit working ...
Stocks making the biggest moves midday: Citigroup, Adobe, Corteva and more
David Wadhwani, senior vice president of digital media for Adobe, speaks during the launch of Adobe Creative Cloud and CS6 ...
Citigroup CEO Jane Fraser reorganizes businesses, cuts jobs as bank is mired in stock slump
Jane Fraser CEO, Citi, speaks at the 2023 Milken Institute Global Conference in Beverly Hills, California, May 1, 2023.Mike Blake ...
Citigroup says slavery indirectly helped its predecessor companies, joining a wave of businesses reexamining their troubled pasts
Some of the companies that formed what is now Citigroup likely benefitted financially from slavery in the 1800’s, the financial ...
Citigroup posts better-than-expected earnings and revenue
Citigroup on Friday reported second-quarter earnings and revenue that topped expectations.Despite the beat, Citi's revenue fell 1% from a year ...
