Citigroup

Consumer Resilience Buoys Big Banks, but CEOs Remain Cautious
Consumer Resilience Buoys Big Banks, but CEOs Remain Cautious
April 16, 2025  |  Banking

In a quarter overshadowed by tariff discussions and global economic jitters, three of the nation’s largest financial institutions — PNC, Citigroup, and Bank of America...

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Big Banks: Consumers Keep Spending Despite Tariff Worries
Big Banks: Consumers Keep Spending Despite Tariff Worries
April 15, 2025  |  Economy

While Americans are worried about the economy, it hasn’t kept them from spending. As The Wall Street Journal (WSJ) reported Tuesday (April 15), Bank of...

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Citi’s Services Segment Hits Decade-High as Bank Bets on Digital
Citi’s Services Segment Hits Decade-High as Bank Bets on Digital
April 15, 2025  |  Earnings

Turmoil can be challenging for everyday consumers but offer the sophisticated investor opportunity. Citigroup on Tuesday (April 15) announced its first quarter 2025 financial results,...

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Banking Giants Warn AI Can Bolster Cybercrime and Lower Morale
Banking Giants Warn AI Can Bolster Cybercrime and Lower Morale
March 12, 2025  |  artificial intelligence

Wall Street banking giants have reportedly begun warning investors about risks stemming from AI use. As Bloomberg News reported Wednesday (March 12), those risks include so-called artificial...

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CE 100 Index Plunges 4.3% as Payment and Banking Names Slide on Tariff Volatility
CE 100 Index Plunges 4.3% as Payment and Banking Names Slide on Tariff Volatility
March 10, 2025  |  Connected Economy

It was a rough week for the CE 100 Index, which lost 4.3% across five days of trading, outpacing the losses seen in all other...

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Manual Spend Management Is Disaster Waiting to Happen in Digital Era
Manual Spend Management Is Disaster Waiting to Happen in Digital Era
March 06, 2025  |  Spend Management

Enterprise spend is increasingly digital, globalized and instant. It is also stubbornly manual in key areas, particularly across financial back offices. This creates an operational...

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Cross-Border Market Share Will Depend on Instant Decisions
Cross-Border Market Share Will Depend on Instant Decisions
January 29, 2025  |  Payments Innovation

Cross-border payments had, for decades, been done by wire — where it had taken days to settle an international fund flow. But now, in the...

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Citi: Corporates Pick Up ‘Gems of Companies’ in Dealmaking Revival
Citi: Corporates Pick Up ‘Gems of Companies’ in Dealmaking Revival
January 21, 2025  |  Acquisitions

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...

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Bank Stocks Surge on Earnings and Lead CE 100 Up 2.9%
Bank Stocks Surge on Earnings and Lead CE 100 Up 2.9%
January 20, 2025  |  Connected Economy

Earnings season is officially here, led, as ever, by big banks – and this time around, a 9% surge in the “Bank” pillar pulled the...

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