Citigroup

Blackrock (blk) Diversifies U.s. Ishares Etf Service Providers

In an effort to diversify its post-trade service providers beyond long-time partner State Street STT, BlackRock, Inc. BLK is including The Bank of New York Mellon Corporation BK, Citigroup Inc. C and JPMorgan JPM as custodians for servicing its...
Related topics: Banking, J.P. Morgan Chase & Co.

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Citigroup (c) Stock Sinks As Market Gains: What You Should Know

Citigroup (C) closed at $62.52 in the latest trading session, marking a -0.38% move from the prior day. This move lagged the S&P 500's daily gain of 1.17%. Meanwhile, the Dow gained 1.87%, and the Nasdaq, a tech-heavy index, added 0.62%.Prior to...
Related topics: Nasdaq, US Equity Markets

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Monday Afternoon’s Analyst Upgrades And Downgrades: American Airlines, Biogen, Citigroup, Ea,...

Monday afternoon's analyst upgrades and downgrades included American Airlines, Biogen, Citigroup, EA, Gilead, Meta, Micron, Zscaler and more.
Related topics: American Airlines

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Citigroup Cfo Mark Mason Breaks Down The Bank's Approach To Data And Technology Projects

Kazi Awal/InsiderMark Mason, Citigroup's chief financial officer.Citigroup Citigroup, one of Wall Street's largest banks, is prioritizing consumer-banking technology. CFO Mark Mason told Insider about how Citi is using data to inform new...
Related topics: Banking

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3 Concerns, 3 Catalysts, And 3 Reasons To Buy Citigroup Stock

Many, including myself, have been bullish on the planned transformation of Citigroup (NYSE: C) being led by new CEO Jane Fraser. But the market, having seen one too many promises from the megabank over the years, has not yet taken to the plan, with...
Related topics: US Equity Markets

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11 Cfos Discuss Their Biggest Priorities And Challenges And How They Guide Innovation Within Their...

Chief financial officers told Insider about their biggest opportunities and challenges.Square, Zapier, Turo, Framebridge, Visa, Salesforce, Whoop, QuantumScape, The Sill, Citigroup, Compass; Edited by Kazi AwalKazi Awal/InsiderThis article is part...
Related topics: Salesforce (business)

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Citigroup Initiates Coverage On Linde (nyse:lin)

Analysts at Citigroup initiated coverage on shares of Linde (NYSE:LIN) in a research report issued on Friday, The Fly reports. The brokerage set a “buy” rating on the basic materials company’s stock. LIN has been the subject of...
Related topics: US Equity Markets

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Citigroup (c) Partners With Taskize, Eases Workflow Woes

Citigroup Inc. C has joined forces with Taskize Limited for a strategic agreement to combine the latter’s structured workflow capabilities with Citigroup’s industry-leading proprietary custody network present in more than 60...

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Citi (c) To Add Staff In Crypto Unit To Boost Market Exposure

In an effort to strengthen and enhance its presence in the digital asset space, Citigroup Inc. C is set to hire 100 additional people to its blockchain and digital assets division. The move comes amid increasing institutional investor demand for...
Related topics: Blockchain

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Why Micron Stock Popped Friday

Shares of computer memory maker Micron Technology (NASDAQ: MU) are marching higher as the week winds down Friday, topping 7% in 11:35 a.m. ET trading on the back of positive commentary from Wall Street. As Citigroup reports today, the price...
Related topics: Nasdaq, US Equity Markets

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Citigroup's Strategy Refresh Will Not Happen Overnight, But It Is Moving Along

After new CEO Jane Fraser took over the top management spot earlier this year, Citigroup (NYSE: C) began what looks to be a multi-year strategy refresh. It involves correcting regulatory issues, simplifying the bank, investing in businesses that the...
Related topics: US Equity Markets, Banking

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Prediction: These Will Be The 10 Largest Stocks By 2035

How in the world can anybody predict the top stocks of 2035?When developing a potential list, the first thing I did was go backward and look at the top 10 stocks of 2005. They were: 1. General Electric, 2. ExxonMobil, 3. Microsoft, 4. Citigroup, 5....
Related topics: General Electric, Microsoft (MSFT)

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Citigroup Becomes First Wall Street Megabank To Commit To "racial Audit"

Citigroup Becomes First Wall Street Megabank To Commit To "Racial Audit" The fact that America's biggest banks (not to mention many of its biggest companies) have embraced virtue-signaling on issues like racial equality and...
Related topics: Banking

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1 Big Disappointment From Citigroup's Q3 Earnings Report

Citigroup's (NYSE: C) third-quarter earnings results were fine, with the bank generating $2.15 in earnings per share on revenue of about $17.2 billion, both numbers that beat analysts' projections. However, those numbers failed to really excite...
Related topics: Earnings Per Share, US Equity Markets, Banking

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5 Best Performing Stocks Of The S&p 500 Etf Last Week

The S&P 500 Index wrapped up its best week since July, climbing 1.8% on encouraging quarterly earnings releases from several companies.Major banks like Citigroup C, Goldman Sachs GS and Bank of America BAC came up with an earnings beat last...
Related topics: Banking, Goldman Sachs, Bank Of America

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Citigroup Nabs Credit Suisse Banker - Frustrated Goldman Execs - Pwc's Remote-work Plan

Welcome to Insider Finance. If this was forwarded to you, sign up here. Plus, download Insider's app for news on the go - click here for iOS and here for Android.On the agenda today:Credit Suisse has lost another senior banker to...
Related topics: Android

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Zacks Earnings Trends Highlights: Jpmorgan, Morgan Stanley, Bank Of America, And Citigroup

For Immediate ReleaseChicago, IL – October 14, 2021 – Zacks Director of Research Sheraz Mian says, “"For the 26 S&P 500 members that have reported Q3 results through Wednesday, October 13th, total earnings and revenues are...
Related topics: J.P. Morgan Chase & Co., Morgan Stanley, Bank Of America, Banking

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Citigroup Won't Be This Cheap For Long

I have written frequently about why I think the megabank Citigroup (NYSE: C) at the past few months' levels. Over the long term, I expect shares to rise substantially as the bank executes its refresh strategy and corrects its regulatory issues....
Related topics: US Equity Markets, Banking

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Citigroup (c) Outpaces Stock Market Gains: What You Should Know

Citigroup (C) closed at $72.53 in the latest trading session, marking a +1.74% move from the prior day. This move outpaced the S&P 500's daily gain of 1.05%.Heading into today, shares of the U.S. bank had gained 0.17% over the past month, outpacing...
Related topics: Banking

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I'm A Former Citi Executive. The Bank Failed To React To The Warning Signs Before The 2008...

FILE PHOTO: A woman walks past a Citibank logo displayed outside the Citibank Plaza in Hong Kong Reuters Citigroup was massively bailed out by US taxpayers because it failed to manage key financial risks. The bank is exposed to huge risks of...
Related topics: World Photos, Hong Kong, Reuters

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