Citigroup (C) shares lost ground Tuesday after ... It said that was driven primarily by higher credit card losses, and a rise in the allowance for credit losses, which rose to $22.1 billion ...

For Citigroup, this trend came in the form of a $2.7 billion credit loss, which management directly quotes as being accredited to credit losses in their card business. This is not a Citigroup ...

As a global financial-services powerhouse, Citigroup operates across more than 100 countries, offering a broad spectrum of ...

Citigroup Inc. said its cost of credit was about $2.7 billion in the third quarter, up from $1.8 billion in the year-earlier period, driven by higher cards net credit losses and a higher allowance ...

Citigroup Inc. said its consumer banking ... mostly due to higher net credit losses, as multiple card loan vintages originated in the last few years are now maturing.

Citigroup, Bank of America and Wells Fargo advanced in overnight trading on brokerage Robinhood. The move comes as investors ...

Malaysia is receiving greater foreign interest and investments due to its stability and positive policy reforms, says ...

In the U.S. retail banking division, revenue climbed 3% to $5 billion, buoyed by 8% growth in credit card revenue to $2.7 billion. Meanwhile, retail banking revenues fell 8%, and in the retail ...

Through a multiyear agreement, Citigroup is cloudifying the way it delivers software to employees, customers and its markets ...

Citigroup is a global financial-services company ... investment banking and trading, and credit card services in the United States. Trading volume stands at 3,065,565, with C's price up by 0. ...

Citigroup's financial infrastructure powers much of the global economy, but is difficult to upgrade. A move to Google Cloud ...