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Citigroup, Bloomberg News

Citigroup cutting more jobs to meet CEO’s expense goals despite strong quarter

Managing directors in the wealth and technology units are leaving the firm and Citi is also axing people from a team that compiles data and analysis on the bank’s clients, Bloomberg reported.

U.S. News & World Report · 2h

Citigroup Cuts More Jobs, Bloomberg News Reports

(Reuters) -Citigroup is cutting more jobs this week to meet CEO Jane Fraser's expense goals, Bloomberg News reported on Thursday, citing people familiar with the matter.

Reuters · 3h

Citigroup cuts more jobs to meet expense goals, Bloomberg News reports

Citigroup is cutting more jobs this week to meet CEO Jane Fraser's expense goals, Bloomberg News reported on Thursday, citing people familiar with the matter.

Seeking Alpha on MSN · 2h

Citi cuts more jobs to reduce expenses: report

Banking giant Citigroup (NYSE:C) eliminated more jobs this week, with managing directors in the wealth business and technology unit leaving the bank, Bloomberg reported on Thursday, citing people familiar with the matter.

Citigroup beats revenue estimate

Wall Street Journal · 1d

Citi Stock Jumps After Bank Swings to Profit

Citigroup’s fourth-quarter results just landed. The bank swung to a profit, boosted by stronger revenue in divisions including equity markets and investment banking. Some key numbers: Net income came in at $2.

Investopedia on MSN · 1d

Citi Swings to a Profit and Announces $20B Stock Buyback

Citigroup (C) reported fourth-quarter results that exceeded expectations, sending shares higher in pre-market trading Wednesday. Citi's net income for the fourth quarter was $2.86 billion, up from a loss of $1.

MarketWatch · 1d

Citigroup beats revenue estimate as it swings to a profit

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 against a year-ago loss of $1.

Money Morning1d

Citigroup’s $20 Billion Buyback Plan Signals Strength: What Investors Need to Know

Citigroup initiated a major transformation plan in 2024 in an effort to unlock value and drive higher returns. Management ...

1don MSN

Citigroup stock climbs after posting Q4 earnings beat; announces $20B stock buyback

Citigroup ( NYSE: C) stock gained 5.6% in Wednesday premarket trading after the megabank posted better-than-expected Q4 ...

Citigroup Stock Jumps on Earnings, $20 Billion Stock Buyback News

Citigroup stock is soaring Wednesday after the big bank topped earnings expectations and unveiled a massive stock buyback ...

1don MSN

These Stocks Are Moving the Most Today: JPMorgan, Wells Fargo, Goldman, Citigroup, BlackRock, Quantum Computing, and More

Fourth-quarter earnings at JPMorgan Chase, Wells Fargo, Goldman Sachs, and Citigroup beat analysts’ estimates.

MarketWatch on MSN5h

Southwest’s valuation is out of whack, Citi says in new ‘sell’ call

Southwest Airlines’ stock was falling Thursday, after Citigroup downgraded the stock to sell from neutral, arguing that the ...

Citigroup: Moving To The Sidelines Ahead Of Q4 Earnings (Ratings Downgrade)

Citigroup's Q4 earnings will be closely watched, particularly its total expenses and credit quality, as it aims to streamline ...

Citi Shares Jump on Earnings Beat, Stock Buyback Plan

Citigroup said its board of directors authorized a new multiyear $20 billion stock buyback program that will begin in the ...

23h

Citigroup 2025 revenue outlook tops analyst view, while stock buybacks rise

Citigroup Inc. said it expects full-year 2025 revenue of $83.5 billion to $84.5 billion amid a healthier deal environment. The projection is ahead of the current FactSet consensus estimate for 2025 ...

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