Citigroup: Can Jane Fraser Save Citi?
The inability to correct underlying issues identified in multiple consent orders going back years has caused significant pain for the company and the stock. Jane Fraser's 2022 Investor Day plan is ...
7 Dividend Stocks That Are a Recipe for Disaster
Following the rise in interest rates, many stocks, including shares in large, well-known companies, now sport relatively high dividend yields. Yet before you decide to buy, beware of the names best...
3 Floundering Financial Stocks to Sell STAT
Financial stocks are struggling on multiple fronts. First, legacy financial and banking institutions face increased credit risk as high rates push depositors away and into money market funds and fi...
Citigroup Doesn't Want To Pay 10% On Its Preferred Shares
Citigroup's preferred shares may be called due to the use of the SOFR benchmark rate, making some of the preferred equity expensive. Citigroup's Q3 results show stable net interest income and incre...
Citigroup: Deep Dive Analysis Highlighting Its Turnaround Prospects
Citigroup is focused on simplifying its financial services portfolio to improve profitability and competitiveness in the long run. The bank's turnaround strategy, led by CEO Jane Fraser, aims to di...
Citigroup's Quarter? It's Complicated.
We also chat with IWG CEO Mark Dixon about the changing role of the office.
Citigroup Employees Have Pitched 350 Use Cases for Generative AI
Citigroup is planning to leverage generative artificial intelligence (AI) to analyze documents, improve efficiency and ensure compliance with regulations. The potential applications of generative A...
The Fed terminates cease and desist order against Citigroup related to anti-competitive foreign exchange practices
The Federal Reserve on Thursday said it has terminated a 2015 cease and desist order related to foreign exchange trading practices at Citigroup Inc. C, +0.92%. The move comes after a unit of the ba...
Warren Buffett Is Hoarding These 3 Stocks (You Should, Too!)
In the bustling world of Wall Street, a few names command unrivaled respect — and Warren Buffett stands tall among them. For decades, investors have turned to Warren Buffett stocks not just as a be...
Citigroup CEO Fraser Says the ‘New S' in ESG Is Security
Citigroup CEO Jane Fraser says “it's hard not to be a little pessimistic” amid the conflict in the Middle East. “There is a new S in ESG which is security, be it food security, energy security, it ...
Citigroup Floating Preferred Share Yielding Over 9.5%
Citi's Series J preferred shares offer a high dividend yield of 9.5%. Rising interest rates have increased Citi's net interest income and margin, despite a decrease in the interest rate spread. Cit...
Does Citigroup Have A Value/Dividend Trap On Its Hands?
TTS continues to be C's crown jewel with it being the fastest-growing business, well exceeding its previous Investor Day revenue CAGR target of high single digits. However, this outperformance has ...
Citigroup: Not There Yet, But Making Progress And Still Undervalued
Citigroup: Not There Yet, But Making Progress And Still Undervalued
JPMorgan, Citi, & Wells Fargo Just Sent a Message: Buy Bank Stocks
Losses on loans remain modest despite rising delinquencies and even rising defaults. Higher interest rates have thus far made overall lending activity a more profitable venture.
Citigroup banker fired for lying about two-sandwich lunch expense loses wrongful dismissal lawsuit
A British judge ruled that the bank was entitled to sack Szabolcs Fekete for gross misconduct because he lied when he claimed to have consumed two sandwiches, two coffees and two pasta dishes durin...
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