Home Tags Citigroup
Both revenue and earnings per share outperformed consensus analyst expectations, which lifted shares industry-wide.
Market share for both trading and investment banking has already been shifting towards US banks over the past few years, Credit Suisse says.
Only four of them are American.
The US stock market has de-equitised, a fancy term that basically means companies are buying more shares than they are issuing, every year since 2011.
Citigroup on Monday is announcing earnings results from the first quarter.
A major overhaul is underway at Citi’s highest ranks as bank president Jamie Forese announces his retirement
Citi President Jamie Forese is retiring, and other execs are either leaving or taking on new roles, according to a memo from CEO Michael Corbat.
This was not the first time that GOP Rep. Roger Williams has asked witnesses at a hearing whether they are a socialist or a capitalist.
Saudi Aramco smashed expectations to secure a debut bond issue with lower yields than the Saudi government, which owns the company.
Citi CFO Mark Mason says trading is trending down as markets have yet to fully recover, but investment banking revenues are on the rise.
An explosive exposé of a $9 billion Russian money-laundering operation entangles Citigroup, Raiffeisen, and Deutsche Bank
A project detailing what it calls 'the Troika Laundromat' outlines a massive money-laundering operation with links to politicians and Western banks.