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Zacks News
Citigroup (C) Plans to Sell China Retail Wealth Unit to HSBC
by Zacks Equity Research
Citigroup (C) is in talks to sell its China retail wealth management business to HSBC Holdings as part of its plan to exit from consumer banking outside of the United States.
Citigroup (C) Outpaces Stock Market Gains: What You Should Know
by Zacks Equity Research
Citigroup (C) closed at $40.46 in the latest trading session, marking a +0.6% move from the prior day.
Should You Consider Invesco (IVZ) for Its Dividend Yield?
by Zacks Equity Research
Amid uncertain macroeconomic conditions, investors may accumulate solid dividend-yielding stocks like Invesco (IVZ) in their portfolios.
MidWestOne (MOFG) to Sell Its Florida Operations to DFCU
by Zacks Equity Research
MidWestOne (MOFG) has agreed to sell its Florida operations to DFCU Financial.
Citigroup (C) Warns of Potential Layoffs in Its UK Business
by Zacks Equity Research
As part of the previously announced reorganization efforts, Citigroup (C) alerts employees in the U.K. of probable job cuts.
Navigating the IPO Minefield: 3 Hidden Gems
by Andrew Rocco
IPOs are the lifeblood of the stock market but can also present risk. Strategist Andrew Rocco walks you through pitfalls to watch, and 3 IPOs set to outperform over the next 6-12 months.
Citigroup (C) Stock Moves -0.89%: What You Should Know
by Zacks Equity Research
Citigroup (C) closed the most recent trading day at $42.30, moving -0.89% from the previous trading session.
Citi (C) Adds Digital Asset Ability for Institutional Clients
by Zacks Equity Research
Citi (C) upgrades central cash management and trade capabilities with the introduction of tokenized deposits and smart contracts through blockchain-based Citi Token Services.
Citi (C) Rolls Out Auto-Enabled Payment Solutions for FIs
by Zacks Equity Research
Citi's (C) new payment solutions are designed to improve the client experience that FIs offer to their end users.
Citigroup (C) Becomes First Digital Custodian on BBX Platform
by Zacks Equity Research
Citigroup (C) becomes the first digital custodian of BondbloX Bond Exchange platform. This will offer participants wider access to the global bond market.
Citigroup (C) Realigns Corporate Structure, Trims Management Layers
by Zacks Equity Research
Citigroup (C) simplifies its organization and eliminates extra management layers to make the decision-making process swifter, drive increased accountability and enhance the focus on clients.
Citigroup (C) Outpaces Stock Market Gains: What You Should Know
by Zacks Equity Research
Citigroup (C) closed the most recent trading day at $42.37, moving +1.66% from the previous trading session.
Citi (C) Sells Small Business Loan Platform Bridge to Foro
by Zacks Equity Research
Citigroup (C) sells its Bridge platform to Foro and becomes a strategic investor in Foro to expand the loan platform's services.
How to Find Strong Finance Stocks Slated for Positive Earnings Surprises
by Zacks Equity Research
Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.
Wells Fargo's (WFC) Settlement of $1B Is Approved by Judge
by Zacks Equity Research
Wells Fargo (WFC) has agreed to pay $1 billion to settle claims of the class action suit in May 2023. The deal has now been approved by the U.S. District Judge.
Should You Consider Huntington (HBAN) for Its Dividend Yield?
by Zacks Equity Research
With a 5.7% dividend yield, Huntington (HBAN) is a solid dividend-yielding stock that investors prefer to hold in their portfolios amid hovering recession fears in the near term.
Should You Consider Comerica (CMA) for Its Dividend Yield?
by Zacks Equity Research
Investors may consider solid dividend-yielding stocks like Comerica (CMA) in their portfolios amid looming recession fears.
FDIC-Insured Banks' Q2 Earnings Up on Higher NII, Deposits Fall
by Swayta Shah
FDIC-Insured banks' (like JPM, BAC, C & WFC) Q2 earnings improve on higher rates, decent loan demand and efforts to bolster fee income. Yet, rising funding costs, poor asset quality and lower deposit balance remain headwinds.
Citigroup (C) Gains As Market Dips: What You Should Know
by Zacks Equity Research
Citigroup (C) closed the most recent trading day at $41.37, moving +0.02% from the previous trading session.
Citigroup Inc. (C) Is a Trending Stock: Facts to Know Before Betting on It
by Zacks Equity Research
Zacks.com users have recently been watching Citigroup (C) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Deutsche Bank (DB) Faces Probe From BaFin Over Postbank Unit
by Zacks Equity Research
Despite completing the technological integration of Postbank to migrate client data to its systems, Deutsche Bank (DB) is witnessing a probe due to its failure to resolve software issues.
Banks Struggled in August: Will Scenario Change in September?
by Swayta Shah
After a dismal August performance, investors are looking for clues as to how bank stocks like JPMorgan (JPM), Bank of America (BAC), Citigroup (C) and Wells Fargo (WFC) will fare this month as they navigate industry headwinds.
Goldman (GS) Is Fined $5.5M for Non-Adherence to Record-Keeping
by Zacks Equity Research
Goldman (GS) is fined $5.5 million for violating record-keeping provisions, per CFTC order.
Citigroup (C) Agrees to $2.9M Fine on Record-Keeping Violation
by Zacks Equity Research
Citigroup (C) has been levied a $2.9 million civil penalty by SEC for violating record-keeping requirements.
Citigroup (C) Gains But Lags Market: What You Should Know
by Zacks Equity Research
In the latest trading session, Citigroup (C) closed at $41.72, marking a +0.97% move from the previous day.