Fourth-quarter earnings at JPMorgan Chase, Wells Fargo, Goldman Sachs, and Citigroup beat analysts’ estimates.
Citigroup Inc. is planning to reserve $600 million for severance payments in 2025 as it continues to trim its workforce and cut expenses, according to Chief Financial Officer Mark Mason.
Citigroup's Q4 earnings will be closely watched, particularly its total expenses and credit quality, as it aims to streamline ...
Citigroup’s wealth management unit reported improved results for the fourth quarter, with net income rising to $334 million ...
Citigroup Inc.'s Chief Executive Jane Fraser said the bank expects to report return on tangible common equity, or ROTCE of 10% to 11% in 2025, but she's working to push it higher. "This level is a ...
The lender now expects return on tangible common equity to be between 10% and 11% by the end of next year, according to a ...
Citigroup reported earnings of $1.34 per share for the fourth quarter, surpassing Wall Street estimates of $1.22. A year ago, ...
Citigroup exceeded expectations in Q4 2024, driven by strong business performance.