Geopolitical Tensions & Hot Dealmaking Power Citigroup’s Best Quarter in a Decade
Citi beat forecasts with strong Q1: higher profits, record revenue, boosted trading, big shareholder returns, stock rose.
/ 8 items
#C↓
Citigroup Denies Plans to Buy Regional Bank
Citigroup dismissed as "baseless speculation" a Bloomberg report that it is considering buying a U.S. regional bank. The bank says it remains focused on organic growth and completing its turnaround under CEO Jane Fraser.
Citigroup Sells Another 24% of Banamex to Heavyweight Investors
Citigroup is close to selling another 24% of its Mexican retail bank Banamex to investors like Blackstone and Televisa leaders, as billionaire Fernando Chico Pardo leads the business. This helps Citi exit retail banking in Mexico.
Citigroup Q4 2025: Profits Dip Despite Strong Banking Growth
Citigroup's (C) Q4 2025 profit fell 13% due to Russia exit loss, but investment banking fees surged 35% and adjusted earnings beat estimates as CEO Fraser's turnaround gains traction.
Trump's 10% Credit Card Rate Cap Shakes Banking Stocks
Financial stocks plunge as Trump proposes 10% credit card interest rate cap. Banks and card issuers face potential profitability concerns under new affordability measure.
JPMorgan Upgrades Citi: Positive Outlook for 2026
JPMorgan upgrades Citi to Overweight, citing strong economy, markets, and improved profitability. Price target raised to $124.