Latest in Citigroup
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Citigroup faces €59mn lawsuit over abandoned property IPO
Liquidated investment firm Alcimos claims bank’s ‘inaccurate’ advice cost it millions of euros in potential feesFinancial Times - Jan. 19 -
Citigroup Slashes Jobs as Cost-Cutting Continues
Targets include senior managers in the banking giant’s wealth, technology and data analysis units.Inc. - Jan. 17 -
Citigroup racks up £1bn bill for Canary Wharf tower refit
Expected cost of renovations come on top of £1.2bn bank spent buying skyscraper in 2019Financial Times - Jan. 16 -
Citigroup swings to fourth-quarter profit, tops estimates on investment banking strength
The fourth-quarter report comes after a year where Citi's stock rose almost 37%, outperforming the S&P 500.CNBC - Jan. 15 -
Citigroup’s stock is a banking-sector bargain as ‘inflection point’ looms, analyst suggests
Barclays analyst Jason Goldberg upgrades Citigroup to overweight from equal weight on bullish 2025 prospects.MarketWatch - Jan. 6