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Citigroup Partners with Taskize to Ease Operational Workflow

Citigroup (C) has entered into a strategic deal with Taskize Limited under which custody clients of Citi Securities Services will leverage Taskize’s query management platform to establish a direct connection with …

Citigroup to Wind Down Consumer Banking in Korea

Global investment bank Citigroup (C) has announced that it will wind down its consumer banking business in Korea. The move is part of …

Citigroup Q3 Results Beat Street Expectations

Citigroup (C) delivered better-than-expected results in the third quarter of 2021, driven by strong performances across the investment banking and equity markets, along …

Citigroup to Sell Venezuela Operations to BNC

Citigroup (C) recently announced that its operations in Venezuela are set to be acquired by Venezuelan bank, Banco Nacional de Crédito (BNC) for …

Citi’s Shares Drop as CFO Warns of Rising Expenses and Falling Revenue – Report

The global financial services company, Citigroup Inc (C), has warned of increased expenses in the second quarter and also signaled a fall trading …

Citigroup’s 1Q Results Beat Analysts’ Estimates On Lower Credit Costs

Citigroup’s 1Q results topped analysts’ expectations, reflecting a release of allowance for credit loss (ACL) reserves, which resulted in lower costs of credit. …

Citigroup Sinks 7% On 4Q Revenue Miss

Citigroup stock closed about 7% lower on Friday after its fourth-quarter revenues missed the Street’s estimate. The bank’s 4Q revenues of $16.

Citigroup Tops 3Q Profit; Oppenheimer Sees 129% Upside

Citigroup reported better-than-expected 3Q results on Tuesday as adjusted EPS of $1.40 surpassed analysts’ expectations of $0.

Citigroup To Pay $400M Risk Control Fine

Citigroup agreed to pay a penalty of $400 million after U.S.

Citigroup May Face Reprimand For Not Fixing Risk Systems – Report

Citigroup Inc. could be facing a public reprimand by US federal regulators for failing to improve its risk-management systems, the Wall Street Journal …

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