Shadman Zafar, Citi’s co-chief information officer who has been key to leading artificial intelligence efforts, is leading the bank, employees were told on Thursday.
Citigroup cut its closely watched profitability target in 2026 as it tackles rising regulatory expenses and, at the same time, announced a $20 billion share buyback program.
Citigroup beat estimates for fourth-quarter profit, fueled by strength in trading and dealmaking, and announced a $20 billion buyback program as it cut a closely watched return target. Shares of the third-largest U.
Wipro’s share price is up over 8% after the company reported its quarterly results. Some brokerage houses are however concerned about the IT sector outlook going forward and its implications on the stock-
Citi wealth head Andy Sieg told employees that net new investment assets — which surged last year — are the division's "North Star."
Citigroup continues job cuts in wealth business and technology unit, following better-than-expected Q4 results and $20B stock buyback program.
Citigroup said its board of directors authorized a new multiyear $20 billion stock buyback program that will begin in the first quarter of 2025, helping to trigger a surge in the share price. CFO Mark Mason said the planned buyback reflects confidence in the bank’s strategy.
Citi analyst Fatima Boolani raised the firm’s price target on CrowdStrike (CRWD) to $420 from $400 and keeps a Buy rating on the shares. The
You can earn 3X points in popular spending categories and get a hefty welcome bonus when you open a new Citi Strata Premier Card.
Citigroup Inc.’s effort to list its Mexican retail banking operations may stretch into 2026 as it navigates a rocky market, regulatory approvals and seeks to bring key investors on board, according to its top executives.
See how we rate banking products to write unbiased product reviews. Citi (Member FDIC) has two savings account options. The Citi® Savings is available in markets where there are Citi branch ...
JPMorgan, Wells Fargo, Goldman Sachs and Citi kicked off earnings season on Wednesday with their December-quarter results.