Company
NYSE:C
Citigroup Inc is a preeminent banking partner for institutions with cross-border needs, a global leader in wealth management and a valued personal bank in its home market of the United States. The company does business in nearly 160 countries and jurisdictions, providing corporations, governments, investors, institutions and individuals with a broad range of financial products and services.
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Investments and investor services
JPMorgan's consumer and community banking division drove profits higher in the quarter while Citi's profits were boosted by corporate tax changes
Crypto exchange Coinbase will reach an $8 billion valuation if an investment from hedge fund Tiger Global is finalized
The Horizons Marijuana Life Sciences Index ETF has reached C$1bn in assets under management
Tidal Royalty will provide Illinois Cannabis Company with financing in exchange for 15% of net sales royalty
Hardware & electrical equipment
The company has developed a credit-to-cash platform to simplify the accounts receivable process
The tech giant teamed up with FX provider CLS to launch a blockchain app store for financial services
Constellation Brands and Nike were also in the telescopic spotlight of investors before the bell
JPMorgan Chase, Bank of America, Citigroup and TD Bank have also banned crypto purchases on their cards
The bank's earnings per share came to 62 US cents per share in Q1 on US$6.92bn in net income
Investments and investor services
US stocks advanced as traders remain bullish about the corporate earnings season
The bank's earnings per share for the quarter beat estimates
Archive
After an up-and-down day, the FTSE 100 finished in positive territory after a late surge
A look at the US and Canada markets as the session progresses..
Archive
With their UK peers due to start updating the market the week after next, JP Morgan Chase, Citigroup, and Wells Fargo will all reveal first-quarter figures on Friday
Citi’s own review found that 1.75mln accounts were paying a higher annual percentage rate than they should have been
US stocks had been on the front foot and the Dow Jones breached the 26,000 level but the rally faded
The large US bank said that it lost US$18.3bn in the fourth quarter, mainly due to writing down its deferred-tax assets
Proactive takes a look at what is piquing interest before the bell in New York
John Gerspach said the charge will result from the bank writing down the value of deferred tax assets as well as the impact of changes to rules regarding the repatriation of profits earned in other countries to the US
HSBC Holdings PLC, Citigroup Inc, and Deutsche Bank AG have agreed to pay a combined US$132mln to settle a US class action brought by futures traders accusing them of manipulating the Libor benchmark interest rate, according to a Reuters re
