Citigroup (C) will reportedly split its Mexico retail unit Banamex from its corporate and investment banking business in the country by the second half of 2024.

Bank stocks are cheap and could see higher multiples with rate cuts and a manageable credit environment. Citigroup has lately been making good progress in restructuring its operations, setting up f...

Citigroup employees worried about CEO Jane Fraser's sweeping overhaul expressed concern over whether their jobs will exist in the new year.

Citigroup Inc (NYSE:C) is shutting down its municipal underwriting and market-making division, according to an internal memo, Reuters reported. “The economics of these activities are no longer viab...

Citigroup Inc.'s stock C, +1.82% was up by 0.7% in premarket trading on Friday after the bank said in an internal memo it's shutting down its municipal underwriting and trading units by March 31 of...

Citigroup has decided to close its municipal underwriting and market-making activities, according to a memo seen by Reuters.

Citigroup Inc. is shutting its municipal business as it seeks to increase the firm's overall returns. Sally Bakewell reports on Bloomberg Television.

The markets had a strong week fueled by optimistic economic data, with the S&P 500 increasing by 1.2% and the Dow Jones climbing by 2.41%. The Dividend Harvesting Portfolio finished up 5.17% on inv...

The news comes at a time when the bank is undertaking a sweeping reorganization that is expected to be complete by the end of the first quarter of next year.

In the latest trading session, Citigroup (C) closed at $48.15, marking a -1.51% move from the previous day.

At a glance, the market might appear overvalued as the S&P 500 approaches 2023 highs. However, in the past year, the performance has been quite bifurcated, with the Magnificent 7 soaring while most...

Citi has led a strategic investment round in Supra, a Colombian FinTech that enables cross-border payments and treasury solutions. Supra provides these solutions to small and medium-sized businesse...

Citigroup's (C) markets division is negotiating a structure to acquire a minority stake in LuminArx gradually.

Mark Mason, Citigroup CFO, recently updated 2023 earnings and ROTCE expectations as speaker at Goldman Sachs 2023 U.S. Financial Services Conference. Based on Mason's update, expect Q4 EPS of $.23 ...

Citigroup Inc. shares soared after Chief Financial Officer Mark Mason said the Wall Street giant remains on track to deliver full-year revenue that's in line with the firm's earlier guidance despit...