Bank must spend to fix the areas where regulators require faster progress, complicating efforts to bring costs down ...
Citigroup slumped 5% despite a strong Q3'24 due to regulatory concerns, trading at only 0.7x tangible book value. See why I ...
Citigroup's third-quarter profit declined as the company faced higher credit losses and raised its allowance for bad loans.
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 ...
The bank saw larger net credit losses in cards and increased its reserve by $315 million, while net income fell 9% in the ...
Citigroup's third-quarter profit fell 9% due to increased reserves for potential loan defaults, especially in credit cards.
Citigroup Inc. Chief Executive Officer Jane Fraser said federal regulators have not placed any restrictions on the bank’s ...
Citigroup's profit fell 9% in the third quarter as it set aside more money to cover loans that may not be repaid, ...
Citigroup Inc. Chief Executive Officer Jane Fraser said federal regulators have not placed any restrictions on the bank’s growth. The clarification came after shares sank as much as 5% on Tuesday ...