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,
Citigroup’s wealth management unit reported improved results for the fourth quarter, with net income rising to $334 million ...
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 ...
JPMorgan CEO Jamie Dimon addressed his retirement timeline, Goldman chief David Solomon talked Apple, and bankers overall ...
Citigroup's stock could double in value over the next three years as profits surge, expenses moderate, and the "most ...
Wall Street CEOs voiced confidence on Wednesday that the incoming administration would be business-friendly and good for banks.
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 exceeded expectations in Q4 2024, driven by strong business performance.
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