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Zacks News
Citigroup (C) Finds $1.6B Buyer for India Consumer Businesses
by Zacks Equity Research
In a move to pivot away from its consumer banking international footprint, Citigroup (C) reaches an agreement with local lender Axis Bank to sell its India consumer businesses for $1.6 billion.
Citizens Financial (CFG) Launches Overdraft-Free Checking Account
by Zacks Equity Research
Citizens Financial (CFG) launches a new overdraft-free checking account named Citizens EverValue Checking to protect users from overdraft and avoid overspending their money.
Hancock Whitney (HWC) to Get Rid of NSF, Overdraft Fees by '22
by Zacks Equity Research
Hancock Whitney's (HWC) elimination of the NSF and certain OD fees will reduce service charges on deposit accounts by around $10-$11 million every year.
Citigroup (C) Stock Sinks As Market Gains: What You Should Know
by Zacks Equity Research
Citigroup (C) closed at $55.92 in the latest trading session, marking a -1.45% move from the prior day.
Cowen (COWN) Launches Cowen Digital, Its Digital Asset Division
by Zacks Equity Research
Cowen (COWN) announces the public launch of its digital asset division, Cowen Digital, to provide secured full-service trade execution and custody solutions to institutional clients.
Citigroup (C) Dips More Than Broader Markets: What You Should Know
by Zacks Equity Research
In the latest trading session, Citigroup (C) closed at $56.98, marking a -0.65% move from the previous day.
HSBC to Enter Metaverse by Purchasing a Plot of Land in Sandbox
by Zacks Equity Research
HSBC will buy a plot of digital land in the Sandbox platform, marking its entry into the metaverse.
Citigroup (C) to Pull the Plug on All Russia Operations
by Zacks Equity Research
Citigroup (C) will wind up all its business lines in Russia and will not solicit any new business or clients in the country.
Citigroup (C) Gains As Market Dips: What You Should Know
by Zacks Equity Research
Citigroup (C) closed at $54.23 in the latest trading session, marking a +0.13% move from the prior day.
New York Community (NYCB) Rolls Out Bank-On-Certified Account
by Zacks Equity Research
New York Community's (NYCB) launch of its bank-on-certified checking account underlines efforts to equip consumers to monitor and improve their finances in a safe and affordable manner.
Goldman (GS), JPMorgan (JPM) to Fold Up Russia Operations
by Zacks Equity Research
Goldman (GS) and JPMorgan (JPM) announce plans to pare their operations in Russia in response to the nation's ongoing conflict with Ukraine.
Citi's (C) Sale of Russian Consumer Bank Arm Delayed Amid War
by Zacks Equity Research
There will likely be a snag in Citi's (C) sale of its consumer banking unit in Russia on grounds of the escalated geopolitical tension surrounding the country's conflict with Ukraine.
Deutsche Bank (DB) Limits Exposure in Russia and Ukraine
by Zacks Equity Research
Deutsche Bank (DB) limits its exposure to Russia and Ukraine to avoid major impacts to its financials.
Citigroup (C) Eyes Commercial Bank Expansion With Hirings
by Zacks Equity Research
Citigroup (C) is aiming to rapidly scale operations in North America, Asia and Latin America, and foray into parts of Europe by adding 900 people in its Citi Commercial Bank segment.
Citigroup (C) Stock Moves -1.84%: What You Should Know
by Zacks Equity Research
Citigroup (C) closed the most recent trading day at $55.55, moving -1.84% from the previous trading session.
Exxon Mobil and Foot Locker have been highlighted as Zacks Bull and Bear of the Day
by Zacks Equity Research
Exxon Mobil and Foot Locker have been highlighted as Zacks Bull and Bear of the Day.
Is There Merit in Citigroup's (C) Medium-Term Business Plan?
by Devyani Chamria
While Citigroup's (C) near-term outlook has dampened investor interest, the company's CEO remains confident in achieving stated medium-term targets.
Citi (C) to Launch Citi Alliance - A Banking & Lending Program
by Zacks Equity Research
Citi (C) to unveil a premium banking and lending program by this summer to fulfill the untapped requirements of the independent advisory industry.
Citigroup (C) Projects Revenue & Expense Growth for 2022
by Zacks Equity Research
Higher interest rates, modest loan and deposit growth, and higher fees are expected to drive Citigroup's (C) revenue growth in 2022.
Should Investors Fret Over Citi's (C) $9.8B Russian Exposure?
by Zacks Equity Research
Given its strong fundamentals, Citi's (C) disclosure of its approximate $10-billion exposure to Russia is not likely to affect its financials.
Citigroup (C) Stock Moves -1.08%: What You Should Know
by Zacks Equity Research
Citigroup (C) closed the most recent trading day at $58.59, moving -1.08% from the previous trading session.
JPMorgan (JPM) to Invest in TRM Labs, Expands Crypto Exposure
by Zacks Equity Research
JPMorgan (JPM) announces that it will invest in TRM Lab's crypto compliance and risk management technology. TRM Labs is a leader in blockchain intelligence.
Markets Open in Red on Geopolitical Conflict Concerns
by Zacks Equity Research
Markets Open in Red on Geopolitical Conflict Concerns.
Multi-Faceted Attack on Russian Economy Sinks Futures
by Mark Vickery
We're seeing collateral damage where we'd expect to see it, and it will be some time before the dust clears.
Citigroup (C) Becomes Largest US Bank to Scrap Overdraft Fees
by Zacks Equity Research
In a move to make overdraft practices more consumer-friendly, Citigroup (C) will eliminate charging overdraft fees, returned item fees and overdraft protection fees by this summer.