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Citigroup Chief Executive Officer Jane Fraser discusses the bank's growth plans in the Middle East, the resilience of the US economy and consumer spending, return to work policies, and the firm's use of AI. Fraser speaks with Joumanna Bercetche on Horizons Middle East and Africa.
C expects mid-single-digit growth in investment banking fees and market revenues, fueled by strong deal activity and robust capital markets.
Citigroup (C 1.53%) is a household name in banking. Its business goes well beyond the local bank branch on the street corner.
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
Financial stocks may emerge as one of the biggest winners from the Federal Reserve's anticipated policy pivot, according to Lauren Goodwin, chief marketing strategist at New York Life Investments.
Senators Warren and Sanders urge JPMorgan, Citigroup, WFC, MS and peers to prioritize lending over shareholder payouts.
Citigroup Chief Financial Officer Mark Mason said at a conference in New York that investment banking fees and market revenue are expected to rise by mid-single digits in the third quarter compared to a year earlier.
Citi has appointed longtime IBM executive Shobhit Varshney to lead the bank's AI strategy. It builds on the company's previous announcement of a new AI leadership team this summer.
One of the main drivers of the business cycle (and therefore some stocks) is the direction of credit and liquidity. In this sense, these two areas of the United States economy are driven mainly by where interest rates are.
Can investors get technology-sector exposure with exchange traded funds (ETFs) that track the S&P 500 or SPX?