Citigroup: My Top Value Idea Which Also Yields Over 5%
Value investing is about allocating capital towards equities that appear to trade for less than their intrinsic or book value. The definition of value can vary from investor to investor, but it oft...
Bank execs warn of risks despite solid earnings
Earning season is well underway with banks JPMorgan (JPM), Citigroup (C), and Wells Fargo (WFC) reporting solid results. Despite this, some bank executives are saying there is still cause for concern.
Sacked Lunch: Citibank wins tribunal after sandwich expenses sacking
Citibank has won an employment tribunal brought by fired analyst Szabolcs Fekete, who was accused of gross misconduct for the tastless crime of claiming expenses for meals shared with his partner d...
Analyzing Positive Bank Earnings: An Uncertain Outlook
The market liked what it saw in the quarterly releases from JPMorgan JPM, Citigroup C, and even Wells Fargo WFC. There was plenty to like in these results, with the resilient economy helping keep c...
Major US banks report strong earnings amid favorable economic factors
A new earnings season has kicked off with a bang against the backdrop of a recovering economy and shifting financial landscapes. Major US banks JPMorgan Chase & Co (NYSE:JPM), Wells Fargo & Company...
Citi: Spending Decelerates as Consumers Grow More Cautious
Consumer spending is still growing but slowing, especially among those with lower FICO scores, Citi reported Friday (Oct. 13). “The growth in spending is decelerating and the consumer is more mindf...
Citigroup Inc. (C) Q3 2023 Earnings Call Transcript
Citigroup Inc. (NYSE:C ) Q3 2023 Earnings Conference Call October 13, 2023 11:00 AM ET Company Participants Jen Landis - Head, IR Jane Fraser - CEO Mark Mason - CFO Conference Call Participants Mik...
Why Are Bank Stocks JPM, WFC, C Up Today?
A range of the most prominent U.S. bank stocks surged between 2% and 5% in today's afternoon session. JPMorgan Chase (NYSE: JPM ), Wells Fargo (NYSE: WFC ) and Citigroup (NYSE: C ) each saw impress...
Big Bank Q3 earnings: What we've learned from banks' economic outlook
Banks JPMorgan (JPM), Citigroup (C), and Wells Fargo (WFC) posted their third-quarter earnings this morning. All three beat earnings estimates, navigating economic headwinds and benefitting from hi...
Citigroup CEO Jane Fraser scraps five layers of management at Wall Street giant
Citigroup chief Jane Fraser has unveiled a plan to eliminate five layers of management in what is poised to become the bank's largest restructuring in two decades, according to a presentation unvei...
Citigroup (C) Q3 Earnings & Revenues Beat, Expenses Rise Y/Y
Citigroup's (C) Q3 results are supported by the Personal Banking and Wealth Management segment's robust revenues. However, a higher cost of credit acts as a spoilsport.
September CPI showed Fed still has work to do, says Citi's Nathan Sheets
Nathan Sheets, Citi Global chief economist, joins 'Squawk on the Street' to discuss the Federal Reserve's interpretation of the September CPI report, how the categories of inflation will play out, ...
Ian Lapey says Citi stock ‘massively undervalued' after Q3 earnings
Citigroup Inc (NYSE: C) opened in the green this morning after reporting market-beating results for its third financial quarter.
Citigroup (C) Beats Q3 Earnings and Revenue Estimates
Citigroup (C) came out with quarterly earnings of $1.52 per share, beating the Zacks Consensus Estimate of $1.26 per share. This compares to earnings of $1.50 per share a year ago.
Big bank earnings results 'prove the resiliency of their business models': Baird's David George
David George, Baird senior analyst, joins 'Squawk Box' to discuss the quarterly earnings results from big banks, what the key takeaways are for investors, state of regional banks, and more.
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