Latest Citigroup Inc News

Big banks warn of uncertain year ahead after mixed financial performances in the first quarter

Apr. 12, 2024 12:24 PM EDT

NEW YORK (AP) — Big banks warned of an “uncertain” year ahead after mixed financial results during the first quarter in an environment of stubbornly high inflation and geopolitical clashes in Europe, the Middle East and elsewhere. JPMorgan reported a modest 6% rise in profits...

Citigroup: Q1 Earnings Snapshot

Apr. 12, 2024 08:14 AM EDT

NEW YORK (AP) — NEW YORK (AP) — Citigroup Inc. (C) on Friday reported first-quarter earnings of $3.37 billion. The bank, based in New York, said it had earnings of $1.58 per share. The results beat Wall Street expectations. The average estimate of seven analysts...

This Week: Consumer prices, Fed meeting minutes and earnings reports from several big banks

Apr. 08, 2024 00:03 AM EDT

A look at some of the key business events and economic indicators upcoming this week INFLATION BAROMETER The Labor Department releases its March report on consumer prices Wednesday. Analysts expect inflation at the consumer level rose 3.4% in March from...