Bank must spend to fix the areas where regulators require faster progress, complicating efforts to bring costs down ...
Citigroup Inc. Chief Executive Officer Jane Fraser started the day boasting that all five of the bank’s key businesses had seen revenue climb in the third quarter. Hours later, she found herself ...
Citigroup slumped 5% despite a strong Q3'24 due to regulatory concerns, trading at only 0.7x tangible book value. See why I ...
A big reason for Citigroup’s challenging week was the confusion that took hold during an exchange CEO Jane Fraser had with analysts on Citigroup’s earnings call Tuesday. It happened when ...
The bank saw larger net credit losses in cards and increased its reserve by $315 million, while net income fell 9% in the ...
Citigroup posted resilient third-quarter results with a slight dip in profit, buoyed by strong investment banking and wealth ...
Citigroup has faced challenges in training employees for risk, compliance, and data roles, affecting its ability to resolve ...
Citigroup's third-quarter profit declined as the company faced higher credit losses and raised its allowance for bad loans.
Citigroup is set to report its third-quarter results before the opening bell on Tuesday. The bank has an analyst call to ...
Citigroup earnings are due Tuesday morning, and they’re expected to show a 28% decline in quarterly earnings from a year ago ...
Q3 2024 Earnings Call Transcript October 15, 2024 Citigroup Inc. beats earnings expectations. Reported EPS is $1.51, ...
Citigroup's third-quarter profit fell 9% due to increased reserves for potential loan defaults, especially in credit cards.