Goldman’s net revenues for 2024 were US$53.51bn, up 16% from 2023, and it delivered net earnings of US$13.53bn, up 71%. Its return on tangible equity for the year was 13.5%, helped by an RoTE of 15.5% ...
Citigroup is on course to spend more than £1bn on the overhaul of its Canary Wharf tower, a sign of the huge costs involved in upgrading older skyscrapers as banks try to push their employees back to ...
Citigroup cut its closely watched profitability target in 2026 as it tackles rising regulatory expenses and, at the same time ...
In a report released yesterday, Mike Mayo from Wells Fargo maintained a Buy rating on Citigroup (C – Research Report). The company’s shares ...
Citi wealth head Andy Sieg told employees that net new investment assets — which surged last year — are the division's "North Star." ...
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Wall Street CEOs voiced confidence on Wednesday that the incoming administration would be business-friendly and good for banks.
The U.S. stock market broadly climbed Wednesday, after the CPI inflation report spurred a drop in Treasury yields. The S&P 500 SPX closed 1.8% higher, while the Dow Jones Industrial Average DJIA ...
Stocks held onto a rally Wednesday as core U.S. consumer price inflation was cooler than expected in December and some of the ...
The bank unveiled stronger-than-expected results for the fourth quarter, in which revenue rose across all five of its main ...
Wells Fargo CEO Charlie Scharf validates some of the optimism, telling analysts he feels "really great about our progress." ...
December's CPI data shows core retail disinflation, leading to a market rally and anticipation of Fed rate cuts starting in ...