Citigroup on Friday posted a $1.8 billion fourth-quarter loss after booking several large charges tied to overseas risks, last year’s regional banking crisis and CEO Jane Fraser’s corporate overhaul. All …
Consumers shop for groceries at a retail chain store in Rosemead, California, on December 12, 2023. Frederic J. Brown | AFP | Getty Images This report is from today’s CNBC …
Jane Fraser, Citi, at WEF, Davos, Jan. 17, 2023. Adam Galica | CNBC Citigroup said it was cutting 10% of its workforce in a bid to help boost the embattled …
Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled Annual Oversight of Wall Street Firms, in the Hart Building on Dec. …
Traders work the floor of the New York Stock Exchange. Getty Images Stock futures are near flat Thursday night as investors looked ahead to the second in a pair of …
Representations of cryptocurrency Bitcoin are placed on a PC motherboard in this illustration taken June 16, 2023. Dado Ruvic | Reuters This report is from today’s CNBC Daily Open, our …
Jane Fraser CEO, Citi, speaks at the 2023 Milken Institute Global Conference in Beverly Hills, California, May 1, 2023. Mike Blake | Reuters Citigroup warned investors late Wednesday that charges …
A Bitcoin logo on a screen in Hong Kong, China, on Tuesday, Dec. 5, 2023. Paul Yeung | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, …
There are some names this upcoming earnings season investors may want to steer clear from, according to Wolfe Research. The reporting period kicks off in earnest Friday, with JPMorgan Chase …
Omar Marques | Lightrocket | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything …