JPMorgan, Wells Fargo, Goldman Sachs and Citi kicked off earnings season on Wednesday with their December-quarter results.
Citi enjoyed a solid quarter, with a revenue beat driven by net interest income. The board approved a new $20 billion share buyback program.
Citigroup cut its closely watched guidance for profitability in 2026 as it tackles rising regulatory expenses, but also ...
Goldman Sachs said its profit more than doubled in the fourth quarter, boosted by companies’ growing appetite for dealmaking.
Managing directors in the wealth and technology units are leaving the firm and Citi is also axing people from a team that ...
Citigroup Inc. said its fourth-quarter revenue rose 12% to $19.58 billion, which topped the FactSet consensus estimate of $19.51 billion. The bank swung to a fourth-quarter profit of $1.34 a share ...
Bank of America made $6.7 billion of profit in the fourth quarter of 2024, more than doubling earnings from a year earlier ...
Hola Prime’s transformative approach to prop trading is paving the way for a more transparent and equitable future.
Wall Street CEOs voiced confidence on Wednesday that the incoming administration would be business-friendly and good for banks.
Citi analysts revised the price target for iQIYI shares, traded on NASDAQ:IQ, to $2.80 from the previous target of $3.00. Despite the reduction, the firm upheld its Buy rating on the stock. The ...
J.P.Morgan Chase, Goldman Sachs and Citigroup provided a tailwind on the US stock market on Wednesday with excellent results ...
Jane Fraser, CEO of Citigroup, told analysts she's not going to sacrifice growth-related investments for short-term gains.