As a global financial-services powerhouse, Citigroup operates across more than 100 countries, offering a broad spectrum of ...
An index of bank stocks rose 8.5% early Wednesday after Donald Trump won his bid to return to the White House.
and credit card services in the United States. After a thorough review of the options trading surrounding Citigroup, we move to examine the company in more detail. This includes an assessment of ...
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 ...
With gross margins likely to expand and expenses to decline, Lejuez raised his Q3 EPS estimate to $0.46 from $0.40 per share ...
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, Bank of America and Wells Fargo advanced in overnight trading on brokerage Robinhood. The move comes as investors ...
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.
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 ...
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 ...