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Citigroup

American multinational investment bank and financial services corporation

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Citigroup: American multinational investment bank and financial services corporation
Citigroup Inc. or Citi is an American multinational investment bank and financial services corporation headquartered in New York City. The company was formed by the merger of banking giant Citicorp and financial conglomerate Travelers Group in 1998; Travelers was subsequently spun off from the company in 2002. Citigroup owns Citicorp, the holding company for Citibank, as well as several international subsidiaries.

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S&P ends near flat as Citigroup results sink banks; Nasdaq hits new high

The benchmark S&P 500 index ended little changed on Monday after oscillating between positive and negative territory throughout the session after Citigroup Inc kicked off the earnings season with a..
Reuters - Published

China data steadies stocks as U.S. earnings get underway

A gauge of global stocks rose modestly on Monday after economic data from China came in as expected, but equities on Wall Street slipped on weakness in financials in the wake of Citigroup's earnings..
Reuters - Published

Videos for Citigroup

Big banks beat estimates [Video]Big banks beat estimates

Investors bought financial stocks after JPMorgan Chase, Goldman Sachs and Wells Fargo pumped out quarterly profit that easily beat Wall Street's estimates. Fred Katayama reports.

Credit: Reuters Studio     Duration: 01:11Published

S&P 500 closes flat [Video]S&P 500 closes flat

The benchmark S&P 500 index ended little changed in a choppy session on Monday after Citigroup kicked off the second-quarter earnings season with mixed results. Fred Katayama reports.

Credit: Reuters Studio     Duration: 00:59Published

Pick up cheap bank stocks - Scherrer [Video]Pick up cheap bank stocks - Scherrer

Just after Citigroup released its earnings, Smead Capital Management's Tony Scherrer told Reuters' Fred Katayama bank stocks are alluring at cheap prices.

Credit: Reuters Studio     Duration: 04:33Published

Earnings rise at Citigroup [Video]Earnings rise at Citigroup

Citigroup's quarterly profit and revenue rose and beat expectations Monday as the bank kicked off earnings season for the second quarter. Fred Katayama reports.

Credit: Reuters Studio     Duration: 00:51Published

Wall Street week ahead [Video]Wall Street week ahead

Banks like Citigroup and JPMorgan kick off earnings season next week. Fred Katayama previews the week ahead.

Credit: Reuters Studio     Duration: 00:54Published

Wall Street notches record highs [Video]Wall Street notches record highs

All three major indexes posted record closing highs Friday as solid expectations for an interest-rate cut from the Federal Reserve continued to propel shares ahead of next week's kickoff of the..

Credit: Reuters Studio     Duration: 01:26Published

 

S&P 500 closes flat as earnings season starts

The benchmark S&P 500 index ended little changed in a choppy session on Monday after Citigroup Inc kicked off the second-quarter earnings season with a mixed report.
Reuters - Published

Wall Street slightly lower as Citi results weigh on bank stocks

Wall Street's three main indexes edged lower in choppy trade on Monday, easing from record highs, as declines in Boeing and bank stocks after Citigroup's quarterly report were tempered by a rise in..
Reuters - Published

Wall Street treads water as Citi results pressure bank shares

Wall Street's three main indexes flitted between slight gains and losses on Monday, as declines in Boeing and bank stocks after Citigroup's quarterly report were countered by a rise in technology..
Reuters - Published

Wall St opens at record highs as earnings season kicks off

Wall Street's main indexes opened at record highs on Monday as second-quarter corporate earnings got off to an upbeat start with results from the third largest U.S lender, Citigroup, beating..
Reuters - Published

Wall Street set to open higher as banks rise after Citi results

Wall Street was set to extend last week's gains at the open on Monday as second-quarter corporate earnings got off to an upbeat start with results from the third largest U.S lender, Citigroup, beating..
Reuters - Published

Citigroup profit beats estimates on gains in consumer lending

Citigroup Inc beat analysts' estimates for quarterly profit on Monday, as a tight lid on costs and strength in consumer lending helped the third-largest U.S. bank counter weakness in its trading..
Reuters - Published

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