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Jane Fraser To Succeed Michael Corbat In Historic CEO Change At Citigroup
Thursday, September 10, 2020 - 10:42am | 377Read More...Citigroup Inc (NYSE: C) shares traded higher on Thursday after the company announced the historic appointment of its first female CEO. What Happened: Citigroup announced President and CEO of Global Consumer Banking Jane Fraser will replace Michael Corbat as CEO in February of 2021. Why It...
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Fintech Focus For July 15, 2020
Wednesday, July 15, 2020 - 7:56am | 1654Read More...Daily Perspective: I don’t think anybody should leave any bank earnings call this quarter simply feeling like the worst is absolutely behind us and it’s a rosy path ahead. - Michael Corbat Fintech Movers: The disrupted circulation of physical currency has even led to a national coin...
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Citi's Stock Seesaws After Mixed Q1 Earnings
Monday, April 15, 2019 - 8:24am | 339Read More...Shares of Citigroup Inc (NYSE: C) traded marginally higher after initially dipping in the red in reaction to the big bank's mixed first-quarter results. What Happened Citi said it earned $1.87 per share in the quarter on revenue of $18.58 billion versus expectations of $1.80 per share and $18....
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Congress Grills Bank CEOs On Systemic Risks, Russia, Executive Compensation
Wednesday, April 10, 2019 - 5:00pm | 689Read More...For the first time since the financial crisis in 2008, the CEOs of the largest U.S. banks appeared before Congress on Wednesday to answer questions regarding the size and safety of America’s financial institutions. JPMorgan Chase & Co. (NYSE: JPM) CEO Jamie Dimon, Bank of America Corp (...
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Citigroup Kicks Off Big Bank Q4 Earnings With Mixed Results
Monday, January 14, 2019 - 9:16am | 453Read More...Fourth-quarter earnings season for big banks kicked off Monday morning with Citigroup Inc (NYSE: C)'s mixed results. Earnings Citigroup said it earned $1.61 per share in the fourth quarter on revenue of $17.1 billion, which was mixed compared to expectations of $1.55 per share on revenue of $17...
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Big Bank Q3 Earnings Roundup
Friday, October 12, 2018 - 9:07am | 861Read More...Three bank giants reported Q3 earnings Friday morning. Here's a recap of what each bank reported. JPMorgan JPMorgan Chase & Co. (NYSE: JPM) earned $2.34 per share in Q3 on revenue of $27.8 billion. Street analysts were expecting the bank to earn $2.25 per share on revenue of $27.5 billion...
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Citi CEO: Costco Credit Win Proof Of Commitment To Rebuilding Reputation
Monday, July 31, 2017 - 7:05am | 330Read More...Costco Wholesale Corporation (NASDAQ: COST)'s credit card partnership with Citigroup Inc (NYSE: C) is more than a year old, but may be underappreciated by investors, according to Citi CEO Michael Corbat. In fact, when Citi was given exclusive rights to a Costco branded credit card the company...
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A Look At Citigroup's Q1 Earnings Beat
Thursday, April 13, 2017 - 8:34am | 333Read More...Citigroup Inc (NYSE: C) reported its first quarter results Thursday morning. Citigroup said it earned $1.35 per share in the first quarter on revenue of 18.1 billion; analysts were expecting the company to earn $1.24 per share on revenue of $17.8 billion. Net income for the quarter rose from $3.5...
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Goldman Sachs, Citigroup Wrap Up Big Bank Q4 Earnings
Wednesday, January 18, 2017 - 9:17am | 324Read More...Last week saw earnings reports from many major banks, while Morgan Stanley kicked things off on Tuesday. A couple more of the big banks reported their earnings Wednesday morning. Goldman Sachs Goldman Sachs Group Inc (NYSE: GS) reported that it earned $5.08 per share in the fourth quarter...
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Who Is The Best Paid Banking CEO In America?
Tuesday, June 28, 2016 - 4:48pm | 487Read More...S&P Global Inc (NYSE: SPGI)'s S&P Global Market Intelligence recently released a list of the top-paid executives in U.S. banking. The highest paid CEOs and money managers usually work for big, well-known companies. However, in the banking industry, this doesn't seem to be the...
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CLSA Analyst: We Will Know 5 Days From Now Whether Citigroup's CEO Still Has A Job
Friday, March 6, 2015 - 4:21pm | 390Read More...Giving a respite to Wall Street, all 31 banks subjected to Federal Reserve's stress test have cleared the first round. Mike Mayo, CLSA bank analyst, was on CNBC Friday to weigh in on this and to discuss why the second round of the stress test is so crucial for Citigroup Inc (NYSE: C) CEO...
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Citigroup Down Amid News Of $3.5 Billion Charge
Tuesday, December 9, 2014 - 12:25pm | 216Read More...Citigroup Inc (NYSE: C) shares came under fire Tuesday amid reports that the company will take a $3.5 billion charge in the fourth quarter. “The bank said it is incurring the charges for investigations and restructuring. Citigroup CEO Michael Corbat said the firm's fourth-quarter will...
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Top Trending Tickers On StockTwits For February 28
Friday, February 28, 2014 - 11:29am | 927Read More...Here's a look at the top tickers trending on StockTwits.com. 3D Systems: Investors positive following EPS and revenue misses This morning, 3D Systems (NYSE: DDD) reported its fourth quarter results. The company announced an EPS of $0.19, missing the consensus estimate of $0.20. Revenue of $154.8...
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StockTwits Top Five Trending Stocks For January 16
Thursday, January 16, 2014 - 12:29pm | 674Read More...Here's a look at the top tickers trending on StockTwits.com: Best Buy Thursday morning Best Buy (NYSE: BBY) released a statement saying that it has suffered from a drop in total revenue and sales at its U.S. stores during the all important holiday season. Sales at stores open at least 14...
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Citigroup Looks To Close 2.4 Billion Division (C)
Tuesday, August 13, 2013 - 9:24am | 332Read More...Citigroup (NYSE: C) is looking to divest its alternative investment group, The Wall Street Journal reported, but a Citigroup spokesperson refused to comment. For the year ended 2012, the company’s collection of hedge fund, private equity, and real estate investments totalled just 2.38 billion....
