Citigroup swings to fourth-quarter profit, tops estimates on investment banking strength
Citigroup posted fourth-quarter net income of $2.86 billion, an improvement from a net loss of $1.84 billion a year ago. Last year, Citi's results were weighed down by charges it booked in the final period of 2023,
Jane Fraser, CEO of Citigroup, told analysts she's not going to sacrifice growth-related investments for short-term gains. "You shouldn't want me to do that," she said.
JPMorgan Chase & Co.'s Chief Executive Jamie Dimon told analysts on Wednesday he plans to stay in the job "for a few more ...
Citigroup’s wealth management unit reported improved results for the fourth quarter, with net income rising to $334 million ...
Citi keeps a Sell rating on Hershey (HSY) with a $159 price target after the company announced that its longtime CEO Michele Buck plans to retire on June 30, 2026. Hershey also reiterated its 2024 ...
Citigroup's stock could double in value over the next three years as profits surge, expenses moderate, and the "most ...
The lender now expects return on tangible common equity to be between 10% and 11% by the end of next year, according to a ...
Citigroup announced a $20 billion share buyback program while cutting its 2026 profitability target due to regulatory expenses. The bank reported strong fourth-quarter profits driven by trading and ...
Citigroup Inc. lowered a crucial profitability target central to Chief Executive Officer Jane Fraser's plan to turn around ...
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