Citigroup is cutting 10% of its workforce in CEO Jane Fraser's corporate overhaul
Citigroup CEO Jane Fraser announced one of the largest moves to cut headcount at a major U.S. bank in recent years.
Citigroup posts $1.8 billion fourth-quarter loss after litany of charges
CNBC's Leslie Picker joins 'Squawk Box' to discuss the bank's quarterly earnings results.
Citigroup Swings To A $1.8B Loss In Q4 As Charges Mount
Citigroup (C) swung to a loss of $1.8 billion or $1.16 per share in the fourth quarter as additional charges weighed on its results. Citi shares rose 2.5% in pre-market trading.
Citi CEO: The Fourth Quarter Was Very Disappointing
Citigroup missed estimates on revenue in the fourth quarter. CEO Jane Fraser says it was a very disappointing quarter.
Citigroup swing to 4Q loss on hit from charges, hiked reserves
Citigroup Inc (NYSE:C) swung to a fourth-quarter loss after it booked several extraordinary charges and hiked its reserves due to its non-US exposures. The banking group reported a 3.3% decline in ...
Citigroup posts loss in ‘very disappointing' quarter but it's ‘made substantial progress' in transformation
Citigroup Inc,'s stock C, -1.77% was up by 4% in premarket trading on Friday after its profit excluding multiple one-time items beat analyst estimates. Chief Executive Jane Fraser said the quarter ...
Citigroup swings to $1.8 billion loss on slew of charges
Citigroup on Friday reported a $1.8 billion loss for the fourth quarter as it recorded charges to refill a government deposit insurance fund and carry out a sweeping internal reorganization.
Citigroup is set to report earnings – here's what Wall Street expects
Citigroup CEO Jane Fraser announced plans for a sweeping corporate reorganization in September after previous efforts failed to boost the bank's share price.
Here's Why Citigroup Stock Is Falling Today
Citigroup (C) shares fell more than 2% in early trading Thursday after it reported higher fourth-quarter charges than it previously disclosed linked to its exposure to Argentina and Russia, as well...
Citi warns investors on conversion, restructuring losses
Citigroup (C) shares fall in Thursday pre-market trading after warning investors ahead of its fourth-quarter earnings report on Friday, January 12, disclosing two major charges — $880 million in cu...
Citigroup's (C) Reserves & Charges of $3.78B to Hurt Q4 Results
Citigroup (C) discloses charges and reserves of $3.78 billion, recorded in the fourth quarter of 2023, before the announcement of its results to enhance transparency.
Citigroup 4Q earnings to reveal $3.78B hit from charges, additional reserves
Citigroup Inc (NYSE:C) reports fourth-quarter earnings on Friday that are likely to be decimated by charges and reserves totalling $3.78 billion. In a regulatory filing, the bank said its 4Q result...
Citigroup at risk of quarterly loss after charges come in far higher than initially disclosed
CEO Jane Fraser faces a key moment this week as Citigroup reports earnings in the middle of restructuring efforts to make the bank leaner and more profitable.
Citigroup set aside $1.3 billion to cover risks related to turmoil in Argentina and Russia
Citigroup Inc. on Wednesday said it set aside $1.3 billion in the fourth quarter to account for risks in Argentina and Russia, citing shocks to both nations' economies, and said it booked other cha...
Here Is Why Bargain Hunters Would Love Fast-paced Mover Citigroup (C)
Citigroup (C) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that ...
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