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Zacks News
BlackRock to Cut More Than 1% Jobs in Second Round of Layoffs
by Zacks Equity Research
BLK to cut 300 jobs in its second 2025 layoff round, following a 14% staff increase from recent acquisitions.
Citigroup to Reduce 3,500 Workers in Two China Tech Centers
by Zacks Equity Research
Citigroup will cut 3,500 full-time roles at two China tech centers as it revamps global operations to address risks and compliance.
HSBC UK Private Banking Introduces Addepar Platform, Boosts Offerings
by Zacks Equity Research
HSBC UK Private Banking rolls out Addepar to elevate client reporting and serve high-net-worth clients with deeper insights.
Citigroup (C) Stock Falls Amid Market Uptick: What Investors Need to Know
by Zacks Equity Research
In the latest trading session, Citigroup (C) closed at $76.40, marking a -0.17% move from the previous day.
Wells Fargo Stock Rises as Fed Removes $1.95T Asset Cap After 7 Years
by Zacks Equity Research
WFC stock jumps as the Fed lifts its $1.95T asset cap, unlocking growth potential stalled since the 2018 scandal.
C's Business Overhaul Progresses Well: Is This Convincing Investors?
by Riya Anand
Citigroup's sweeping business overhaul, including job cuts, market exits and management streamlining, targets $2.5B in annual savings by 2026.
PNC Financial Gains 17% in a Year: How to Approach the Stock Now?
by Zacks Equity Research
PNC stock moves up 17% in a year, but rising expenses and rate pressure are concerning. Read on to know if it is the right time to buy.
Apollo Partners With Major Banks to Boost Private Credit Trading
by Zacks Equity Research
APO teams up with major banks to expand private credit trading, aiming to boost liquidity and attract more capital.
Wells Fargo to Sell $4.4 Billion Rail Equipment Leasing Business
by Zacks Equity Research
WFC inks deal to sell its $4.4B rail leasing unit, sharpening its focus on core financial services and cost efficiency.
UBS Group's Arm to Divest O'Connor Business to Cantor Fitzgerald
by Zacks Equity Research
UBS' arm is set to sell its $11B O'Connor unit to Cantor Fitzgerald, sharpening its focus post-Credit Suisse merger amid Swiss capital pressures.
Wells Fargo Shares Gain on Termination of 2015 OCC Agreements
by Zacks Equity Research
The WFC stock climbs 1.1% on OCC's 2015 consent order termination, pushing it closer to overcoming regulatory challenges.
Citigroup (C) Outperforms Broader Market: What You Need to Know
by Zacks Equity Research
In the closing of the recent trading day, Citigroup (C) stood at $75.53, denoting a +0.67% change from the preceding trading day.
Citigroup vs. Bank of America: Which Stock Has More Upside Potential?
by Riya Anand
Can BAC's branch expansion efforts provide an edge over C's focus on expense control and business streamlining initiatives? Let us find out.
Here's Why Citigroup (C) Fell More Than Broader Market
by Zacks Equity Research
Citigroup (C) concluded the recent trading session at $75.03, signifying a -0.58% move from its prior day's close.
Citigroup Arm Enters Deal to Exit Consumer Banking Business in Poland
by Zacks Equity Research
C's arm announces a deal to transfer Polish consumer banking unit to VeloBank, aligning with its global retail exit strategy.
Deutsche Bank Boosts Digital Transformation With Collaborations
by Zacks Equity Research
DB deepens ties with IBM and finaXai to drive digital transformation, streamlining operations and advancing tokenized asset servicing.
Citigroup Introduces AI Tools, Enhances Banking Operations in Hong Kong
by Zacks Equity Research
C launches AI-powered tools in Hong Kong to streamline internal operations and improve efficiency.
Citigroup (C) Exceeds Market Returns: Some Facts to Consider
by Zacks Equity Research
Citigroup (C) reachead $76.13 at the closing of the latest trading day, reflecting a +0.54% change compared to its last close.
Citigroup to Cut up to 200 IT Jobs in China to Enhance Risk Management
by Zacks Equity Research
C plans to slash up to 200 IT contractor jobs in China, aiming to improve risk management and data governance
Buffett Offloads Citigroup Shares: Should You Follow and & Sell C Stock?
by Riya Anand
Warren Buffett sheds C shares. Let us assess whether to follow Buffett or hold on to your investment for generating robust returns over time.
Why Is Citigroup (C) Up 21.2% Since Last Earnings Report?
by Zacks Equity Research
Citigroup (C) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Citigroup to Divest Its Wealth Alternatives Unit to iCapital
by Zacks Equity Research
C agrees to sell Citi Global Alternatives to iCapital. The move aligns with the former efforts to simplify its business operations.
Bank of America Soars 18.2% in a Month: Buy, Sell or Hold the Stock?
by Swayta Shah
BAC shares rise 18.2% in a month. Let's have a closer look at how the company will navigate the current ambiguities and performance over the rest of the year.
Top Stock Reports for NVIDIA, Abbott Laboratories & Linde
by Mark Vickery
Today's Research Daily features new research reports on 16 major stocks, including NVIDIA Corp. (NVDA), Abbott Laboratories (ABT) and Linde plc (LIN), as well as a micro-cap stock Tredegar Corp. (TG).
Here's How to Approach Wells Fargo Stock Now as Fed Keeps Rates Steady
by Riya Anand
Given steady rates and economic uncertainty, WFC may face headwinds in the near term. Read on to know whether the stock is worth holding on to for now.