Citi believes the US dollar is primed for a pullback given Donald Trump’s more measured approach to tariffs. That’s good news for the beaten-up Aussie dollar.
Citi analyst Jason Bazinet reaffirmed a Neutral rating on Netflix (NASDAQ:NFLX) shares, maintaining a price target of $920.00. Bazinet's comments followed Netflix's fourth-quarter 2024 earnings report,
Wall Street execs predict 200,000 layoffs, due to artificial intelligence (AI). As technology impacts finance, and other sectors, here's how to prepare your career.
Citigroup cut its closely watched profitability target in 2026 as it tackles rising regulatory expenses and, at the same time, announced a $20 billion share buyback program.
JPMorgan notched a record profit of $58.5 billion, up from $49.6 billion in 2023, America’s biggest bank reported on Wednesday. Goldman Sachs said its profits soared to $14 billion in 2024, compared to $8.5 billion a year earlier.
This is a good time to be a trader. Revenue from big Wall Street desks dealing in stocks, bonds and other instruments surged in the fourth quarter from a year ago. [Trading revenue at Citigroup](
Shares rose 3.6% in premarket trading. Citi, one of the nation’s largest banks, has been pursuing a turnaround strategy under CEO Jane Fraser, who has sold off some business and reorganized the company around five core business units.
Citi CEO Jane Fraser's has made major moves ... 2024-12-19T12:08:18Z Stocks tanked after the Fed signaled fewer rate cuts next year. Here's what Wall Street analysts see ahead.
Citigroup said on Friday it was expecting a rally in global equities to extend into 2025, as falling interest rates and easing inflation could help prop up corporate earnings.
See which banks, hedge funds, and private equity firms have called staff back five days a week and which allow some work from home.
Wall Street banks JPMorgan Chase, Goldman Sachs and Citigroup notched up strong rises in profits at the end of last year, powered by a boom in trading and dealmaking. JPMorgan’s net earnings rose 50 per cent per cent to $14bn,
Some of Wall Street’s biggest banks reported a surge ... stronger performance in our businesses,” said Jane Fraser, Citi’s chief executive, in a statement. “Our net income was up nearly ...