Citigroup posted a whopping $18.3 billion quarterly loss on Tuesday, after it took a one-time charge of $22 billion because of the tax cut. And its stock went up. Here's why. Citigroup, like other financial firms, had to adjust the value of so …
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Deposits climbed 3 percent to $964 billion, and end-of-period loans ticked higher by 2 percent to $653 billion. Citigroup’s stock initially traded higher by 0.4 percent. Investors generally see a positive environment for big banks headed into 2018.
Citigroup (NYSE: C) has done a lot over the past decade to streamline its operations and reduce risk, but it's still one of the riskiest banks you can invest in. One place this shows up is in Citigroup's source of funds. To understand this, it's …
NEW YORK : Citigroup Inc will pay at least US$11.5 million in fines and restitution to settle charges it displayed the wrong research ratings on more than 1,800 stocks, causing many customers to own shares they never would have bought, a …
NEW YORK: Citigroup Inc will pay at least $11.5 million in fines and restitution to settle charges it displayed the wrong research ratings on more than 1,800 stocks, causing many customers to own shares they never would have bought, a …
NEW YORK (Reuters) - Citigroup Inc will pay at least $11.5 million in fines and restitution to settle charges it displayed the wrong research ratings on more than 1,800 stocks, causing many customers to own shares they never would have …