CITIGROUP INC (C) Stock News
NYSE:C - New York Stock Exchange, Inc. - US1729674242 - Common Stock - Currency: USD
C Latest News, Press Releases and Analysis
Sustainability remains critical despite pullbacks from US banks: DBS
DBS will remain in the Net-Zero Banking Alliance, even after six of the largest US banks have left.
Russian Oligarch Held Stake in Musk’s SpaceX Through Trust While He Was Sanctioned
Citigroup administered Heritage Trust and decided it didn’t need to block the trust’s assets after Suleyman Kerimov was sanctioned in 2018, according to people with knowledge of the matter
Big Banks Hit Fresh Record Highs: Goldman Sachs Sees More Upside In 2025
U.S. banks reach record highs on strong Q4 earnings, driven by lending income, cost-cutting, and deal-making. Goldman Sachs predicts continued growth.
U.S. Bancorp President Gunjan Kedia to become its first female CEO
U.S. Bancorp announced on Tuesday that President Gunjan Kedia will become its chief executive, effective April 15.
Citi Offers Rare Exchangeable Bond Linked to Airbus Shares
Citigroup Inc. is offering bonds that are exchangeable into the value of Airbus SE shares when the debt matures, an unusual type of issuance in Europe.
Mystery around top-ranked Rockefeller book grows as university publisher denies involvement
The book is ranked No. 22 on Amazon's list of best-selling economic history books, yet it's filled with factual errors.
Cement producer Titan America seeks up to $3.3 billion valuation in US IPO
The IPO comes as European companies increasingly look to list their U.S. units in New York in search of deeper capital markets, higher valuations, and a wider investor base. Titan Cement International last year announced its intention to carve-out its U.S. business and list the unit in New York in early 2025 to raise funds for growth. The unit is offering 9 million shares, while parent Titan Cement is selling 15 million shares priced between $15 and $18 each to raise up to $432 million.
Traders Sell SoFi Stock Post Earnings: Should Investors Jump In?
SOFI stock is down sharply despite posting its best year ever; however on a day when all technology stocks were getting whacked this could be time to buy
Meta and Microsoft Show AI Spending Can Be a Double-Edged Sword
On a day US tech stocks lost nearly $1 trillion on concerns about artificial intelligence spending, Meta Platforms Inc. hit a record high — signaling that investors were keeping the faith when it came to its own AI plans.
Citigroup wins appeal against military personnel over credit card rates
Citigroup can force military personnel to arbitrate claims that its Citibank unit charged unfairly high interest rates on their credit card balances after they returned to civilian life, a federal appeals court panel ruled on Monday. Reversing a trial judge, the 4th U.S. Circuit Court of Appeals in Richmond, Virginia, said Congress did not intend when adopting the Servicemembers Civil Relief Act (SCRA) to override a federal law providing enforcement of arbitration agreements. With roots dating to the Civil War, the act relieves military personnel of mortgage foreclosures, default judgments and other burdens while they serve their country.
Citi Reworks Its Private Bank as Head Leaves Firm After 18 Years
Citigroup Inc. is revamping the management structure of its private bank following the resignation of Ida Liu, who’s led the unit for almost four years.
New Year, New Buybacks: 3 Big-Name Stocks Planning Repurchases
See which three big-name U.S. stocks have announced new buyback programs as the first earnings season of 2025 kicks into gear.
Citi Analysts Say Trump Policies Can’t Reverse Energy Transition
The policies of President Donald Trump will fail to hold back progress in transitioning away from high-carbon energy sources, according to analysts at Citigroup Inc.
Citi Says 'One Way' US Tech Bet Becoming Very Risky
Citigroup strategist Beata Manthey says European equities offer much better value than their US peers and could benefit as more investors look to broaden out beyond "one-way positioning" on mega-cap US tech. "All eyes will be on these tech results, especially in the US," Manthey says on Bloomberg Television. "The market is priced for perfection. It needs to deliver perfection." (Source: Bloomberg)
Citigroup Announces Full Redemption of Series V Preferred Stock
‘I was a multimillionaire, I had a beautiful girlfriend, I was unhappy’: the ups and downs of a supertrader
Gary Stevenson grew up poor, got rich in the City – then found himself wrestling with depression. Now he says he’s the only person on the left who really understands the British economy – and the people who wield the power
AI’s $100 Billion Stargate Venture Touted by Trump Will Tap Solar Power
A $100 billion venture that President Donald Trump heralds as accelerating artificial intelligence in the US is expected to depend in part on power sources favored by his climate-focused predecessor — solar and batteries.
Orlando firm acquires Citigroup's Jacksonville campus, plans to lease vacant space
American Airlines Q4 EPS Beats Esitmates
American Airlines Group reported solid earnings growth that topped estimates, but guidance for Q1 2025 disappointed Wall Street.
The Abu Dhabi Fund Helping Bankroll Trump’s $100 Billion AI Plan
A day after his inauguration as US President, Donald Trump unveiled a $100 billion venture to fund artificial intelligence infrastructure, backed by three of the biggest names in tech - OpenAI, SoftBank Group Corp. and Oracle Corp. Then there was an Abu Dhabi-based firm that few had heard of: MGX.
Oracle Takes Run at Cloud’s Big Three With Trump-Backed AI Pact
Oracle Corp. has charged out of the gate in 2025, after its best year in a quarter-century. A plan unveiled with President Donald Trump has intensified hopes that its cloud business will see a tailwind from artificial intelligence.
Sports Platform DAZN Gets $1.1 Billion Loan for Foxtel Takeover
British sports streaming platform DAZN Group Ltd. has lined up a A$1.8 billion ($1.1 billion) loan to finance its acquisition of pay-television and streaming company Foxtel Group in Australia, according to people familiar with the matter.
Citigroup must explain fraud scam management, says New York judge
Citigroup faces legal challenges as fraud claims proceed, exposing flaws in its security systems & raising concerns over banks’ role in combating cybercrime.
Musk Says FTC Concern Over Microsoft Bolsters His OpenAI Claims
Elon Musk said in a court filing that the US Federal Trade Commission’s concern over Microsoft Corp.’s $13 billion investment in OpenAI “confirms” the billionaire’s claims that the pact between the startup and technology giant is anticompetitive.
Top Wall Street Banks Rake In ECM Revenue as IPO Volume Recovers
Wall Street’s biggest banks anticipate there’s more to come from the boom in equity deal activity seen through the end of 2024, after clocking a sharp rise in their underwriting revenue.
What's going on in today's session: S&P500 movers
Join us in exploring the top gainers and losers within the S&P500 index one hour before the close of the markets on Wednesday as we examine the latest happenings in today's session.
What's going on in today's session: S&P500 most active stocks
Explore the S&P500 index on Wednesday and find out which stocks are the most active in today's session. Stay updated with the stocks that are capturing market interest.
These S&P500 stocks have an unusual volume in today's session
Curious about which S&P500 stocks are generating unusual volume on Wednesday? Find out below.
What's going on in today's session: S&P500 movers
Top movers analysis in the middle of the day of S&P500 on 2025-01-15: top gainers and losers in today's session.
Curious about the S&P500 stocks that are gapping on Wednesday? Explore the gap up and gap down stocks in the S&P500 index during today's session.
These S&P500 stocks are gapping in today's session
Curious about the S&P500 stocks that are showing activity before the opening bell on Wednesday?
Wondering what's happening in today's pre-market session? Stay tuned for the latest updates on S&P500 stock movements.