C
NYSE · Banking
Citigroup Inc
$122.69
+6.95 (+6.00%)
C News22 articles
Bank of America Shares Stabilize After Volatile Week; Key Data Ahead
Bank of America stock closed nearly flat at $52.55 following a sharp drop, as markets prepare for a holiday closure and key economic releases.
Morgan Stanley CEO's Compensation Climbs to $45 Million for 2025
Morgan Stanley CEO Ted Pick received $45 million in total compensation for 2025, up from $34 million the prior year, with most of the award deferred and tied to performance.
JPMorgan Faces Class Action on Sweep Rates as Stocks Head for Weekly Loss
JPMorgan Chase shares edged higher Friday as a U.S. judge permitted parts of a class action over low cash-sweep rates. The broader market declined, heading for its worst week since November.
American Express Shares Retreat in Extended Trading Amid Rate Jitters, Debt Issuance
American Express stock declined 2.5% in after-hours trading following a $3.5 billion debt offering and as investors monitored regulatory discussions on card rates and awaited key inflation data.
Marsh & McLennan Shares Decline Amid Bond Offering and AI Sector Pressure
Marsh & McLennan shares fell 0.71% as the company filed for a senior notes offering and registered shares for employee awards, while insurance brokers face ongoing concerns about AI disruption.
Bank of America Leads Financial Sector Lower Ahead of Key Economic Data
Bank of America shares declined 1.8% as financial stocks retreated ahead of delayed jobs and inflation reports. AI disruption concerns added pressure to wealth management firms.
JPMorgan Shares Slip Ahead of Jobs Data; Executive Highlights Strong Deal Outlook
JPMorgan Chase shares declined 1.2% amid broader market weakness as investors awaited key employment figures. An executive noted the bank's deal pipeline remains robust through 2026.
Bank Stocks Slip on Soft Retail Data, Eyes on Fed Signals
Citigroup shares fell over 2% Tuesday as weak U.S. retail sales data pressured Treasury yields and bank profits. Investors await key economic data and commentary for direction on interest rates.
Wells Fargo shares slide 2% despite CFO's 2026 loan growth outlook
Wells Fargo stock declined roughly 2% to $92.69, underperforming peers, as CFO Mike Santomassimo outlined expectations for loan growth driven by credit cards and auto lending. Markets await key U.S. jobs and inflation data this week.
JPMorgan Gains on Upbeat Dealmaking Outlook Ahead of Key Economic Data
JPMorgan Chase shares advanced 1.1% as executives highlighted strong M&A and IPO pipelines for 2026 at a UBS conference. Investors are bracing for delayed U.S. jobs and inflation reports this week.
30-Year Mortgage Rates Hold Steady Near 6% as Fed Pause Extends
The average 30-year fixed mortgage rate remained at 5.99% this week, with limited movement as the Federal Reserve's next meeting is not until March. A survey indicates most buyers would reconsider plans if rates climb above 6%.
Refinance Rates Remain Elevated Above 6%, Dampening Homeowner Enthusiasm
Average 30-year fixed refinance rates hold above 6%, with government-backed options slightly lower. Most borrowers face higher costs despite some lenders offering sub-6% rates.
Wells Fargo Shares Volatile Ahead of Key Economic Data, CFO Remarks
Wells Fargo stock swung nearly 5% intraday before a slight after-hours gain. Investors await the CFO's conference talk, delayed jobs data, and January CPI figures.
Citigroup Shares Approach 52-Week Peak Amid Regulatory Progress and Data Watch
Citigroup stock climbed 1.4% to $124.43, nearing its 52-week high, as investors monitored the bank's regulatory efforts and awaited key U.S. economic reports.
Bank of America Shares Slip Amid Financial Sector Weakness; Focus Turns to Economic Data
Bank of America stock declined slightly as financials underperformed the broader market. Investors are awaiting key inflation and jobs reports, along with commentary from CEO Brian Moynihan.
JPMorgan Gains Ahead of Key Economic Data and Apple Card Transition
JPMorgan shares advanced 1.1% as bank stocks rose ahead of upcoming payroll and inflation reports. The bank is also preparing to assume Apple Card operations from Goldman Sachs.
Linde Shares Face Pressure After JPMorgan Downgrade, Focus Turns to Pricing Outlook
Linde stock fell 2.53% to $448.07 Friday after JPMorgan cut its rating to Neutral, citing valuation and flat sequential pricing. Investors await U.S. jobs data and company conferences this week.
Citigroup Shares Surge on Regulatory Progress Hopes Ahead of Key Data
Citigroup stock climbed nearly 6% Friday as executives expressed confidence in resolving long-standing consent orders this year. Investors now await upcoming conference remarks and U.S. economic reports.
Financial Stocks Rally Ahead of Key Inflation and Jobs Data
Financial stocks surged as the Dow crossed 50,000, led by major banks and crypto-linked firms. Investors now await delayed January jobs and CPI reports to gauge the Fed's rate path.
Bank of America Rises with Broader Rally, Eyes on Key Economic Data
Bank of America shares advanced 2.9% to $56.53 on Friday, joining a market surge that pushed the Dow above 50,000. Investors now await delayed U.S. jobs and inflation reports for clues on interest rate policy.
Bank of America Rises with Broader Rally, Eyes on Key Economic Data
Bank of America shares advanced 2.9% to $56.53 on Friday, joining a market surge that pushed the Dow above 50,000. Investors now await delayed U.S. jobs and inflation figures, which could influence interest rate expectations.
Citigroup Surges 6% on Regulatory Progress, Eyes Key Data and Conferences
Citigroup shares rallied 6% Friday amid optimism over resolving long-standing consent orders. The bank also announced a $2.3 billion preferred stock redemption and employee account matching.