Leaders in Citi's technology unit and its "crown jewel" services unit announced a raft of changes as key leaders step down.
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.
Citi on Wednesday raised its oil price outlook for 2025 due to geopolitical risks centred on Russia and Iran, but noted prices were likely to ease through the second half of the year. "The oil outlook could see heightened,
Citi analyst Atif Malik sees upside to the firm’s 40% year-over-year “big four” cloud spend growth after Meta Platforms (META) said it plans to
Citi led in deal value with advisories worth $60.8bn, while Jefferies dominated in deal volume, advising on 23 transactions.
Digital Ocean (NYSE:DOCN) was in focus on Friday as Citi started coverage on the cloud service provider with a Buy rating and $45 price target. Shares rose 1.7% in premarket trading. "Widened portfolio tech gaps and eroding customer engagement hobbled DOCN’s topline growth in CY22-23,
The ruling lets state Attorney General Letitia James continue arguing Citi should have reimbursed customers for wire fraud, though some claims were dismissed.
Citigroup Inc.’s top investment banker says US corporates are on the hunt for overseas deals thanks to a strong dollar, an easier regulatory regime and a widening gap in the multiples at which international companies are being valued.
Despite the increased targets and recognition of more risks to supply, Citi maintained a generally bearish view for 2025 crude markets. It said Trump has let go of a notable hawk on Iranian policy--former Iran envoy Brian Hook--who was an advocate of maximum pressure on Iran during Trump's first term.
The successor to the Citi Prestige, dubbed the Citi Strata Elite, could be released in 2025. Here's what I want to see from statement credits, lounge access, earning rates and transfer partners.
If you’ve wanted to be a part of the New York Mets now might be your chance. The Mets will host a job fair for the 2025 baseball season on Feb. 2 from 9 a.m. to 5 p.m. More than a dozen positions will be up for grabs such as security,
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