Citi PT receives Investment Bank Analyst Rating Update
(Bloomberg) -- Bank of America Corp (NYSE:BAC). said net interest income will be lower than analysts had expected this year as demand for loans starts to slow. The second-largest...
(Updated - January 13, 2023 8:06 AM EST) Citigroup (NYSE:C) reported Q4 EPS of $1.16, $0.04 worse than the analyst estimate of $1.20. Revenue for the quarter came in at $18...
Gold prices rose to the highest level in more than eight months as investors continue to bet that the U.S. central bank would slow the pace of interest rate hikes after the latest...
S&P 500 EPS growth for Q4 is set to come in at -3.9%, the lowest rate in over 2 years, but an improvement from last week Despite headwinds, an early reading of corporate...
E-commerce behemoth Alibaba Group Holdings (NYSE:BABA) is sitting in a favorable position at the start of 2023 as China reopens from months of COVID-19 restrictions and pledges to...
Citigroup Inc., a diversified financial services holding company, provides various financial products and services to consumers, corporations, governments, and institutions in North America, Latin America, Asia, Europe, the Middle East, and Africa. The company operates in two segments, Global Consumer Banking (GCB) and Institutional Clients Group (ICG). The GCB segment offers traditional banking services to retail customers through retail banking, Citi-branded cards, and Citi retail services. It also provides various banking, credit card, lending, and investment services through a network of local branches, offices, and electronic delivery systems. The ICG segment offers wholesale banking products and services, including fixed income and equity sales and trading, foreign exchange, prime brokerage, derivative, equity and fixed income research, corporate lending, investment banking and advisory, private banking, cash management, trade finance, and securities services to corporate, institutional, public sector, and high-net-worth clients. As of December 31, 2020, it operated 2,303 branches primarily in the United States, Mexico, and Asia. Citigroup Inc. was founded in 1812 and is headquartered in New York, New York.