Citigroup Inc
CNBC Everyday Open up: Major Lender earnings signal downbeat quarter
Traders do the job on the flooring of the New York Stock Trade (NYSE) in New York, U.S., on Monday, June 27, 2022. Michael Nagle | Bloomberg | Getty Images This report is from modern CNBC Every day Open, our new, intercontinental marketplaces e-newsletter. CNBC Day by day Open brings buyers up to speed on […]
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Citigroup is cutting 10% of its workforce in CEO Jane Fraser’s corporate overhaul
CEO of Citigroup Jane Fraser testifies during a hearing before the House Committee on Financial Services at Rayburn House Office Building on Capitol Hill on September 21, 2022 in Washington, DC. Alex Wong | Getty Images Citigroup said it was cutting 10% of its workforce in a bid to help boost the embattled bank’s results […]
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Citigroup posts $1.8 billion fourth-quarter loss after litany of charges
Jane Fraser, CEO of Citigroup, attends a hearing on Annual Oversight of Wall Street Firms before the Senate Committee on Banking, Housing, and Urban Affairs in Washington, D.C., the United States, on Dec. 6, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images Citigroup reported fourth-quarter earnings before the opening bell Friday. Here’s what […]
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JPMorgan Chase profit falls after $2.9 billion fee from regional bank rescues
Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled Annual Oversight of Wall Street Firms, in the Hart Building on Dec. 6, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images JPMorgan Chase said Friday that fourth quarter profit declined after paying a $2.9 billion […]
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Stock futures are combined as investors await more inflation data: Live updates
Traders do the job the flooring of the New York Inventory Trade. Getty Photographs Stock futures are mixed Thursday evening as investors look ahead to the next in a pair of closely viewed inflation experiences this 7 days. Futures tied to the Dow Jones Industrial Typical extra 15 factors, or .04%. S&P 500 futures and […]
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CNBC Every day Open: That sticky inflation
Individuals store for groceries at a retail chain retailer in Rosemead, California, on December 12, 2023. Frederic J. Brown | AFP | Getty Photographs This report is from today’s CNBC Everyday Open, our new, intercontinental markets publication. CNBC Day by day Open provides investors up to speed on anything they require to know, no subject […]
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CNBC Everyday Open up: The extended-awaited bitcoin stamp of acceptance
Representations of cryptocurrency Bitcoin are positioned on a Computer motherboard in this illustration taken June 16, 2023. Dado Ruvic | Reuters This report is from present-day CNBC Everyday Open up, our new, worldwide markets e-newsletter. CNBC Day by day Open up provides buyers up to velocity on all the things they need to know, no […]
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Citigroup at risk of quarterly loss after charges come in far higher than initially disclosed
Jane Fraser CEO, Citi, speaks at the 2023 Milken Institute Global Conference in Beverly Hills, California, May 1, 2023. Mike Blake | Reuters Citigroup warned investors late Wednesday that charges tied to the decline of the Argentine peso as well as the bank’s reorganization came in far higher than disclosed by the company’s CFO just […]
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CNBC Every day Open up: Bitcoin's badge of honor
A Bitcoin brand on a display in Hong Kong, China, on Tuesday, Dec. 5, 2023. Paul Yeung | Bloomberg | Getty Pictures This report is from present-day CNBC Daily Open up, our new, worldwide markets newsletter. CNBC Daily Open provides traders up to velocity on every thing they need to know, no subject wherever they […]
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Steer clear of these doable earnings blowups as reporting year starts, Wolfe Exploration states
There are some names this approaching earnings year traders may perhaps want to steer apparent from, in accordance to Wolfe Study. The reporting interval kicks off in earnest Friday, with JPMorgan Chase , Bank of The us and Citigroup between the organizations slated to submit fourth-quarter final results. Information from FactSet shows that S & […]
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