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Jane Fraser told analysts the bank is evaluating stablecoin issuance and advancing tokenized deposit solutions as part of a broader digital finance strategy.
US stocks turned mixed after June inflation data. Investors now turn to earnings. Nvidia jumps on hopes for China chip sales, ...
Citigroup's shares reached their highest since the 2008 crisis as it exceeded second-quarter profit estimates. The bank plans a $4 billion stock buyback, following strong trading and investment ...
Citigroup (C) boosted its full-year net interest income guidance and now sees 2025 revenue at the high end of its previous ...
Citigroup (C) stock gained 2.7% in Tuesday afternoon trading after the bank's chief financial officer said the company plans ...
Citigroup may issue its own stablecoin in an effort to facilitate digital payments, the bank's CEO, Jane Fraser, told ...
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Total revenue grew 0.6% to $20.82 billion to top the FactSet consensus of $20.75 billion. That snapped a three-quarter streak of quarterly top-line misses, as growth in the consumer and commercial ...
Citigroup Inc. is considering issuing its own stablecoin, positioning the company as a possible early mover in the push by ...
Wall Street banks are reporting earnings that challenge assumptions about consumer and business weakness amid inflation and ...
Live Updates Live Coverage Updates appear automatically as they are published. Conference call starts at 11 AM Eastern 9:50 am CitiGroup is up 1.40% to start the trading day. We will follow up with ...
The Nasdaq Composite advanced to its latest record high on Tuesday, powered by a jump in heavyweight Nvidia's shares, while ...
The bank reported a second-quarter profit of $4.02 billion, or $1.96 a share, compared with $3.22 billion, or $1.52 a share, in the year-ago period. Analysts polled by FactSet expected $1.61 per share ...
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