Wall Street execs predict 200,000 layoffs, due to artificial intelligence (AI). As technology impacts finance, and other ...

The bank’s fourth-quarter earnings are due on Jan. 15, a chance for the chief executive and her team to update investors on ...

Shares rose 3.6% in premarket trading. Citi, one of the nation’s largest banks, has been pursuing a turnaround strategy under CEO Jane Fraser, who has sold off some business and reorganized the ...

Wall Street’s biggest banks, including JP Morgan, had a surge in profit after a rebound in dealmaking and strengthening ...

Despite Citi lagging behind its rivals on return to tangible equity, about 70 per cent of Wall Street analysts have assigned the bank a “buy” rating. “The outcomes for Jane are about as wide ...

Citigroup said on Friday it was expecting a rally in global equities to extend into 2025, as falling interest rates and ...

Large US banks reported soaring profits Wednesday propelled by strength in trading and financial advisory services as Wall ...

Some of Wall Street’s biggest banks reported a surge ... stronger performance in our businesses,” said Jane Fraser, Citi’s chief executive, in a statement. “Our net income was up nearly ...

Morgan Stanley, Goldman Sachs, Bank of America, Citi, Wells Fargo, and JPMorgan Chase all reported strong fourth-quarter ...

reflecting a buoyant environment in a period that included the US presidential election and a heady aftermath on Wall Street. Citi reported profits of $2.9 billion, compared with a loss of $1.8 ...

All four banks rose on Wall Street. At mid-morning, JPMorgan was up 0.8 percent, Goldman Sachs 5.9 percent, Citi 6.2 percent and Wells Fargo 5.2 percent.