Citigroup

We're seeking nominations for the 2020 Rising Stars of Wall Street - here's how to apply

15 days ago   |  

Business Insider is putting together a power list of the young talent on Wall Street in 2020. We want to hear from you on the individuals that have been rising above the ranks...
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'We're really hitting the moment of truth': 5 Wall Street execs have sounded the alarm on a tough economic recovery ahead. Here's what they said

'We're really hitting the moment of truth': 5 Wall Street execs have sounded the alarm on a tough economic recovery ahead. Here's what they said

20 days ago   |  

Tom Williams/CQ-Roll Call/Reuters, Lucy Nicholson/Reuters, Jeenah Moon/Reuters, Mark Lennihan/Associated Press The resurgence in coronavirus cases and new risks of an economic...
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'This is not a normal recession': 3 large US banks set aside $28 billion to cover potential loan defaults due to the coronavirus pandemic

21 days ago   |     |   4 articles

JPMorgan, Citigroup, and Wells Fargo set aside a combined $28 billion to cover potential defaults on loans amid the pandemic recession. It's the most banks have set aside for...
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Citigroup reports 2nd quarter earnings that beat revenue and profit expectations on strong trading

22 days ago   |     |   3 articles

Citigroup on Tuesday reported second quarter earnings that beat analyst expectations for revenue and profit. Still, net income took a hit, driven by a substantially higher...
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Citigroup and Morgan Stanley shares are best positioned to endure a 69% plunge in 2nd quarter bank earnings, Goldman Sachs says

28 days ago   |     |   3 articles

Bank earnings are set to tank 69% year-over-year for the second quarter, Goldman Sachs said in a Tuesday note. Morgan Stanley and Citigroup are Goldman analysts' top picks...
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Goldman Sachs and Wells Fargo slump in pre-market trading after the Fed caps dividends and bans buybacks

Goldman Sachs and Wells Fargo slump in pre-market trading after the Fed caps dividends and bans buybacks

1 month ago   |  

REUTERS/Danny Moloshok Bank stocks slumped in pre-market trading on Friday after the Federal Reserve capped dividends and banned stock buybacks until at least the end of the...
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Bank stocks surge after regulators ease financial crisis-era Volcker Rule

Bank stocks surge after regulators ease financial crisis-era Volcker Rule

1 month ago   |  

Xinhua/Wang Ying/ Getty Images Bank stocks surged on Thursday after financial regulators announced they would ease the financial crisis-era Volcker Rule. The Volcker Rule...
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Former Citigroup CEO touts Morgan Stanley, Charles Schwab as 'really very good buys' for a financial-sector rebound

Former Citigroup CEO touts Morgan Stanley, Charles Schwab as 'really very good buys' for a financial-sector rebound

1 month ago   |  

Roy Rochlin/Getty Images Morgan Stanley and Charles Schwab stock are top picks after the week's strong sell-offs, Sandy Weill, former Citigroup CEO, told CNBC on Friday. Bank...
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The dollar could be on the verge of a 10-year-long bear market as currency investors return to risk, a Citi strategist warns

The dollar could be on the verge of a 10-year-long bear market as currency investors return to risk, a Citi strategist warns

2 monthes ago   |  

Shutterstock The US dollar has depreciated against key peers, such as the Australian dollar, the Singapore dollar and the Chinese Yuan over the past five days. Calvin Tse...
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Countries may start raising taxes on the ultrawealthy to fund coronavirus relief, according to a Citi executive

Countries may start raising taxes on the ultrawealthy to fund coronavirus relief, according to a Citi executive

2 monthes ago   |  

Reuters/ Stefan Wermuth Governments might consider raising taxes on the ultrawealthy to fund the fight against the novel coronavirus . Even before the pandemic, billionaires...
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Interesting Facts About Dubai Miracle Garden

Dubai Miracle Garden - The World's biggest flower Garden located in Dubai. Plan your trip to Dubai & visit this garden. Before visiting go through these interesting facts... Read more ...

Interesting Facts About Dubai Miracle Garden

Dubai Miracle Garden - The World's biggest flower Garden located in Dubai. Plan your trip to Dubai & visit this garden. Before visiting go through these interesting facts... Read more ...

Experience the magical ambience of the fall season by visiting the best...

Autumn is one of the fascinating seasons for a holiday in Italy. This beautiful season comes with a round of fresh wine, delightful delicacies, and vibrant colors that will... Read more ...

Gold soars to a fresh record following its historic move past $2,000, driven...

Gold soars to a fresh record following its historic move past $2,000, driven by geopolitical tensions and a weak dollar

REUTERS/Leonhard Foeger Gold prices reached new record highs on Wednesday as geopolitical uncertainty and dollar weakness continued to drive bullish sentiment into the precious... Read more ...

'I have never seen a tragedy so huge': 2 people in Beirut describe being...

'I have never seen a tragedy so huge': 2 people in Beirut describe being caught up in the massive explosion that devastated the city

STR/AFP via Getty Images Beirut was devastated by a huge explosion Tuesday, upending the lives of its millions of citizens. Two Beirut residents caught up in the blast told... Read more ...

Warren Buffett plows another $337 million into Bank of America, boosting his...

Warren Buffett plows another $337 million into Bank of America, boosting his stake to nearly 12%

Bill Pugliano/Getty Warren Buffett spent another $337 million on Bank of America stock between July 31 and August 4, SEC filings show . The billionaire investor and Berkshire... Read more ...

LIVE UPDATES: See the results of Michigan's August 4 primaries

LIVE UPDATES: See the results of Michigan's August 4 primaries

Reuters Michigan is holding several key congressional primaries on August 4. Rep. Rashida Tlaib is facing a primary challenge from Detroit City Council President Brenda Jones... Read more ...

Experts no longer expect seasonal coronavirus waves: The pandemic is like 'a...

Experts no longer expect seasonal coronavirus waves: The pandemic is like 'a forest fire looking for human wood to burn'

JOSH EDELSON/AFP via Getty Images In April, a group of experts suggested that a second, more severe wave of coronavirus infections in the fall was the likeliest of three future... Read more ...

Volvo Extended Warranty

Volvo Extended Warranty

Volvo's factory warranty is relatively short compared to other manufacturer's new-vehicle coverage, but purchasing a Volvo extended warranty can give you long-term auto... Read more ...

Autonation Vehicle Protection Plan

Autonation Vehicle Protection Plan

AutoNation is the largest auto retailer in the U.S. with over 300 locations in 18 states. If you ever visit an AutoNation dealership to purchase a car, you'll be presented with... Read more ...

Richard Branson's Virgin Atlantic is the second Virgin airline to declare...

Richard Branson's Virgin Atlantic is the second Virgin airline to declare bankruptcy as pandemic rips apart the industry

Nicolas Economou/Getty Images Richard Branson's Virgin Atlantic airline filed for Chapter 15 bankruptcy in New York on Tuesday. The airline, which only flies long-haul... Read more ...

Uber announces employees can work from home through June 2021, and it's...

Uber announces employees can work from home through June 2021, and it's giving them $500 for their home office

Reuters On Tuesday, Uber announced that corporate employees will have their voluntary work from home policy extended through June 2021. Corporate employees will also be given a... Read more ...

Sen. Ron Wyden accused Trump of 'working the refs' by pulling the...

Sen. Ron Wyden accused Trump of 'working the refs' by pulling the renomination of an FCC commissioner who had questioned the president's executive order targeting social media companies

Anna Moneymaker/Getty Images; Win McNamee Democratic Senator Ron Wyden slammed Trump for withdrawing an FCC commissioner's renomination and accused him of "working the refs... Read more ...