Topic
citigroup
22 stories related to this topic, newest first.
americanbanker.combusiness4 days ago
Five Major U.S. Banks Scheduled to Report Second-Quarter Earnings Tuesday
JPMorgan Chase, Bank of America, Citigroup, Wells Fargo and Goldman Sachs will release results before markets open. Analysts project specific revenue, earnings per share and trading figures for each bank.
CoinDeskbusiness37 days ago
Citigroup Issues Blockchain Depositary Receipts Giving Exposure to Private Company Shares
Citigroup introduced blockchain-based Digital Depositary Receipts on June 11, 2026. The product gives investors exposure to private company equity through securities issued and held by the bank.
pymnts.comfinance37 days ago
Citigroup plans venture for trading tokenized shares in private companies
Citigroup is developing a platform that would allow clients to trade tokenized shares of private firms. The initiative aims to increase access to private-market investments through blockchain-based share representation.
Substrate placeholder — needs reviewbusiness41 days ago
Major U.S. Banks to Launch Shared Tokenized Deposit Network by Mid-2027 to Compete With Stablecoins
JPMorgan Chase, Bank of America, Citigroup and other lenders will launch a blockchain-based settlement system through The Clearing House to compete with stablecoins.
ibtimes.co.ukworld44 days ago
Citigroup, Santander and JPMorgan Working on $1 Billion Financing for TGS Vaca Muerta Shale Project
Three major banks are structuring financing for an energy project in Argentina's largest shale basin. The package totals roughly $1 billion.
themarketherald.com.auworld49 days ago
Citigroup Reports Highest Quarterly Revenue in a Decade
Citigroup reported its strongest quarterly revenue in ten years in April 2026. CEO Jane Fraser outlined new profitability targets at the May 7 investor day.
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memeburn.comfinance49 days ago
OpenAI Discusses IPO Plans With Citigroup and JPMorgan
OpenAI has held talks with Citigroup and JPMorgan about its planned initial public offering. The discussions are preliminary and no timeline or structure has been set.
Fortunefinance52 days ago
Citi Reports Highest Quarterly Revenue in a Decade Under CEO Jane Fraser
Citigroup posted its strongest quarterly revenue in ten years during April, with all five business divisions posting gains. The bank also recorded a 13.1 percent return on tangible common equity, its highest level since 2021.
foxbusiness.compolitics67 days ago
Executives Including Musk and Cook to Join Trump on Visit to China
A group of more than a dozen U.S. business leaders is set to accompany President Trump on a state visit to China from May 13 to 15. The delegation includes executives from Tesla, Apple, Goldman Sachs, Blackstone, BlackRock, Citigroup and Meta Platforms. The trip is intended to fa…
Bloombergfinance71 days ago
Citigroup Hires JPMorgan Banker Vlad Ivanov as Co-Head of Infrastructure Investment Banking for EMEA
Citigroup has recruited Vlad Ivanov from JPMorgan to co-head its infrastructure investment banking business. The role covers the UK, Europe, Middle East and Africa. The move comes as major banks continue to adjust senior teams in key growth areas.
finance.yahoo.comfinance71 days ago
Citigroup Hires New Country Officer and Banking Head for South Africa
Citigroup has appointed André Ross as its Country Officer and Banking Head for South Africa. Ross joins the bank from JPMorgan. The appointment was announced on May 7, 2026.
forbes.comworld71 days ago
Citigroup Holds First Investor Day in Four Years as CEO Jane Fraser Declares Overhaul Complete
Jane Fraser told investors Thursday that Citigroup is ready to leave its messy past behind after overhauling its operations. The CEO spoke at the bank's first investor day since 2022. Fraser said the bank has rebuilt its core capabilities.
link.springer.comfinance71 days ago
Chinese Fuel Trader HY Energy Sues JP Morgan and Citigroup Over $40 Million in Blocked Payments
HY Energy filed two lawsuits in Chinese courts against the U.S. banks for failing to process transfers to China Oil and Petroleum Company Limited in 2023. The payments were blocked a year before the U.S. Treasury sanctioned the Hong Kong-based firm for ties to Iran's Islamic Revo…
Semaforpolitics71 days ago
Trump Administration Sends Tech, Energy, and Finance CEOs to China
The Trump administration is inviting chief executives from Nvidia, Apple, Exxon, Boeing, Qualcomm, Blackstone, Citigroup and Visa to accompany President Trump to China. The trip is scheduled for next week as of May 7, 2026. Officials emphasize building the relationship between Tr…
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dnaindia.comworld75 days ago
Citigroup Hires Raj Rathi as Head of Mergers and Acquisitions in India
Citigroup has appointed Raj Rathi, a senior investment banker, to lead its mergers and acquisitions operations in India. This move marks the latest addition of a senior banker to the U.S. lender's team in Asia. The hiring reflects ongoing efforts to strengthen Citigroup's presenc…
finance.yahoo.comfinance79 days ago
Citigroup Recruits JPMorgan's Viswas Raghavan as Banking Head with $52 Million Package
Citigroup recruited Viswas Raghavan as head of banking in February 2024, offering him a $52 million compensation package days after JPMorgan Chase informed him of no long-term future at the firm. Raghavan faced years of complaints at JPMorgan alleging abusive behavior, including…
Substrate placeholder — needs reviewworld87 days ago
China's State Council Issues Guidelines on Innovative Drug Pricing
China's State Council has released new guidelines aimed at supporting innovative drug pricing through value-based methods while reducing generic drug prices via market competition. A Citigroup analyst described the guidelines as the most significant in a decade.
Substrate placeholder — needs reviewfinance89 days ago
Statement Claims Major Companies Paid No Federal Income Taxes This Year
A statement reported by @unusual_whales asserts that individuals who paid $1 in federal income taxes this year contributed more than several major corporations. The listed companies include Walt Disney, Citigroup, CVS, Kohl's, Ticketmaster, Tesla, United Airlines, GoDaddy, Paypal…
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Substrate placeholder — needs reviewfinance95 days ago
Citigroup Reports First-Quarter Earnings of $3.06 Per Share, Above Analyst Estimates
Citigroup Inc announced first-quarter earnings of $3.06 per share and sales of $24.633 billion, both exceeding analyst consensus estimates. U.S. stock indexes rose following market open on Tuesday, with the Nasdaq Composite gaining around 200 points. Energy stocks fell by 2.5% wh…
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under30ceo.comfinance95 days ago
Citigroup Reports First-Quarter 2026 Earnings Exceeding Estimates
Citigroup announced its first-quarter 2026 financial results, showing revenue of $24.63 billion and earnings per share of $3.06. Key segments including fixed income, currencies, and commodities sales and trading reached $5.17 billion, surpassing the estimate of $5.02 billion. Net…
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Substrate placeholder — needs reviewfinance99 days ago
CNBC Fast Money Traders Share Final Stock Trades of the Day
CNBC's Fast Money segment featured host Melissa Lee and traders discussing their final stock picks at the close of trading. The selections included Amazon.com Inc., the CBOE Volatility Index, the iShares Expanded Tech-Software Sector ETF, and Citigroup Inc. This segment provides…
Substrate placeholder — needs reviewfinance100 days ago
Citi Recommends Three European Bank Stocks Following Recent Sell-Off
Citigroup analysts have recommended HSBC, NatWest and Societe Generale as top picks for European bank stocks after a sell-off linked to the U.S.-Iran conflict in March. The Stoxx 600 Banks index fell as much as 10% during the conflict and is down 1% year-to-date. Analysts cited o…