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The S&P came close to closing at a new all-time high today at 6,086, but was just a few points shy of the record close on December 6th of last year.
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 29 classes of mortgage pass-through certificates from Citigroup Mortgage Loan Trust 2025-1 (CMLTI 2025-1), a prime residential mortgage-backed securities transaction collateralized by owner occupied primary, secondary and investor properties. The underlying pool consists of 308 fixed-rate mortgages (FRMs) with an aggregate principal balance of approximately $396.6 million as of the cut-off date on January 1, 2025 and includes both n.
Sanctions tighten oil supplies, fueling price hikes. Citigroup revises outlook, citing supply crunch and geopolitical risks.
JPM, C and GS made it to the Zacks Rank #1 (Strong Buy) income stocks list on January 22, 2025.
JPM, GS, C, HIPO and PBPB have been added to the Zacks Rank #1 (Strong Buy) List on January 22, 2025.
Banks such as JPMorgan, Citi, and Goldman Sachs started the earnings season off on a positive note when all beat expectations on the top and bottom lines. The pre-peak Late Earnings Report Index fell to its lowest level in a year, signaling corporations are feeling more certain about growth prospects as they start 2025. Q4 S&P 500 EPS growth is expected to come in at 12.5%, the highest growth rate in three years.
Citibank will have to face a New York state lawsuit alleging that it failed to protect and reimburse victims of fraud. A federal judge rejected the bank's request to dismiss the lawsuit, Reuters reported Tuesday (Jan. 21).
A federal judge on Tuesday rejected Citigroup's bid to dismiss a lawsuit by New York Attorney General Letitia James accusing its Citibank unit of failing to reimburse customers who fall victim to online scammers.
Does Citigroup (C) have what it takes to be a top stock pick for momentum investors? Let's find out.
Citigroup Head of Banking and Executive Vice Chair Vis Raghavan said a new regulatory regime has companies in the United States shopping for deals. Much of this search is happening overseas, Raghavan told Bloomberg in an interview Tuesday (Jan. 21).