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The Latest Breaking News from Citigroup

Citigroup Downgrades Netflix, Predicts It’ll End Up Spending North of $20 Billion on Content Post-Strike

Analyst Jason Bazinet also predicts revenue growth will shrink for the streaming giant

Multichannel News

Dow Jones Lags Market; Nvidia Rises On Latest Launches, But Tesla Skids

The small-cap Russell 2000 fell over 1% but the Innovator IBD 50 rose 0.7%.

Investors Business Daily

Dow Jones Falls 300 Points As Netflix Slides On Downgrade; Tesla Stock Breaks Key Support

The Dow Jones dropped 300 points Tuesday, as Netflix slid on a downgrade. Tesla stock broke down below a key support level.

Investors Business Daily

From analysis to the latest developments in health,
read the most diverse news in one place.

Earnings Boost: Major US Banks Lead Corporate Bond Market

Get ready for a banking extravaganza! Big US banks are all set to take center stage in the corporate bond arena after their impressive earnings. Brace your...

Top News

Option Volatility And Earnings Report For January 8 - 12

Earnings season is back, with a couple of big names due to report this week including some of the major banks. This week we have Unitedhealth Group (UNH), JP Morgan Chase (JPM), Wells Fargo (WFC), Citigroup (C), Delta (DAL) and Bank of American (BAC) all set to report.

Barchart

Should Investors Keep an Eye on JPMorgan and Citigroup (C) in 2024?

The banking sector has showcased commendable resilience and stability, defying the hurdles encountered at the beginning of 2023. Following a substantial resurgence in bank stocks, let’s examine whether investors should keep an eye on banking stocks Citigroup (C) and JPMorgan Chase (JPM) for 2024. Read on….

StockNews.com

Citigroup to Bid Adieu, Shuts Global Distressed-Debt Operations

Citigroup makes a bold move, deciding to close its global distressed-debt business. This surprising decision sends shockwaves through the financial world.

Top News

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Stocks Fall in Afternoon Trading

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -1.02%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.83%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.13%. Stocks are lower on economic concerns due to weak...

Barchart

Stocks Recover Early Losses as Soft-Landing Prospects Improve

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.10%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.02%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.17%. Stocks recovered early losses this morning and are modestly...

Barchart

Despite Historic Pay Discrimination Settlement, Little Has Changed for Women on Wall Street

The $215 million deal made headlines, but the industry pay gap persists, along with new cases of sexual harassment.

Capital & Main

Citigroup's China Bank Plans Stalled by Data Law

Unforeseen riddles of regulatory compliance! Citigroup's China venture hits a snag, as new data laws throw a curveball in their investment pursuits.

Top News

Citigroup Shuts Down Municipal Underwriting Unit: Memo

Citigroup's thrilling chapter takes a twist - the banking giant writes its finale for their municipal underwriting unit; an intriguing corporate move!

Top News

Citi's NZ Unit Breaches International Payment Rules!

The dance of finance has missed a step! New Zealand's central bank waves a wagging finger at Citigroup's junior partner over a slight stumble in internatio...

Top News

Citigroup Entices Departures with Early Partial Bonuses

Citigroup spins a tempting tale, offering a healthy sprinkling of early bonuses. A not-so-subtle nudge for departures? Magic? Nope! Simply business.

Top News

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Fortune

Citigroup used a London banker as ‘scapegoat’ in $45m failure—now he wants to return to work for the bank after winning an unfair dismissal lawsuit

Ian Weir was fired by the bank in 2021 but his lawyers argued he was used as a "scapegoat" in a "cleaning house" operation.

Barchart

Stocks Climb as Strength in Chip Stocks Leads the Broader Market Higher

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Monday closed up +0.39%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.43%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.85%. Stocks on Monday posted moderate gains, with the S&P...

Barchart

Stocks Push Higher on Strength in Chip Stocks

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.07%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.19%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.43%. Stocks this morning are modestly higher, with the Dow...

International Business Times

Big Bank CEOs Testify Against Basel III Endgame Before Senate Committee

The CEOs of eight top banks visited Capitol Hill on Wednesday to testify against Basel III Endgame, the final stages of regulations in the works for 15 years.

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Fortune

Sen. Robert Menendez, facing bribery charges, stumps bank CEOs by asking how much their firms paid in settlements for allegedly ripping off consumers

The indicted senator expressed staunch support for the CFPB, which is under a legal threat of its own.

Barchart

Stocks Mixed as Weak ADP Report Bolsters the Outlook for Fed Rate Cuts

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.11%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.03%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.15%. Stocks are mixed after a smaller-than-expected increase in Nov...

Fortune

Spotify faces the music after Daniel Ek wields the layoff axe—but is it smart cost-cutting or the beginning of a spiral?

Tight margins, fights with Big Tech, and an uncertain business model likely won’t be solved by the group’s cull of 1,500 workers.

Barchart

Stocks Climb as Weak ADP Report Bolsters the Outlook for Fed Rate Cuts

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.21%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.24%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.10%. Stocks this morning are moderately higher, with the Dow...

The Guardian - US

How George Santos responded to being fact-checked on 14 of his biggest lies

Republican congressman, who was expelled from Congress, had an ability to evade when called out for factual inaccuracies

Fortune

How to talk about a war at work: Sometimes the bravest stance is not taking a stance

In a divided, violent world, leaders’ humility, willingness to listen, and core values are what matter most.

The Independent UK

Citigroup discriminated against Armenian Americans, federal regulator says; bank fined $25.9 million

Citigroup intentionally discriminated against Armenian Americans when they applied for credit cards, the Consumer Financial Protection Bureau said Wednesday

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