Citigroup is a leading global financial services company that provides a wide range of financial products and services to consumers, corporations, governments, and institutions around the world. It operates through various segments, including global consumer banking, institutional clients, and treasury and securities services. The firm offers services such as investment banking, wealth management, credit cards, loans, and other financial solutions, leveraging its extensive international presence and a deep understanding of diverse markets to facilitate transactions and support clients' financial needs. Through its commitment to innovation and customer service, Citigroup aims to help clients thrive in an increasingly complex financial landscape. Read More
According to the report by Ark, the valuation implies a 38% compound annual rate of return from its last funding round, which took place in December 2024, at a valuation of $350 billion.
Citi executive Vis Raghavan assured investors that the bank’s credit quality was good, with 80% of its corporate credit exposure being high grade in the U.S.
AMD's stock price surged over 4% after Citigroup raised its price target Monday. The rally comes just days before the company's highly anticipated "Advancing AI" event.
Corporate America is experiencing a surge in layoffs as companies respond to economic pressures from President Donald Trump's tariff policies and artificial intelligence adoption reshaping workforce needs.
Meta may be looking to get back in the stablecoin game. See how this could potentially benefit the stock and why Meta could find more success this time around.
Citigroup is downsizing 3,500 tech positions in China by 2025 to save $2.5B. This follows their plans to eliminate 20,000 jobs and establish new companies there.
According to the latest report from XBIT, Wall Street firms boldly predict that the value of stablecoins will increase more than 10 times to $3 trillion to $4 trillion by 2030. This prediction is like a bombshell, stirring up a thousand waves in the financial world and triggering widespread attention and heated discussions from all walks of life on the future development of stablecoins.
Microsoft stock is near its all-time high but may face short-term pullback on headline news and lower summer volume; investors should embrace that opportunity
The bank also stated that it would clearly outline in its Employee Code of Conduct and customer-facing documents that it does not discriminate based on political affiliation.
Once again, Amazon is gaining momentum. As we head into June, analysts are bullish, fundamentals are solid, and the chart setup looks like more upside is ahead.
