Citigroup Profit Jumps 25%

Citigroup, the third-largest U.S. bank by assets, reported second-quarter net income of $4 billion, up 25% from a year earlier. The bank said higher revenue drove the earnings jump, partially offset by increases in the cost of credit and expenses.

Citigroup Raises Price Targets On Cruise Operators As High Demand, Limited Capacity Make Room For More Price Hikes

Citigroup raised price targets on cruise operators such as Carnival Corp. (CCL) and Norwegian Cruise Line Holdings (NCLH) on Wednesday, as high demand for sea-based vacations, combined with limited new capacity, positions these companies to gain greater …

Citigroup Explores Launch of Own Stablecoin

Free Newsletter Get the hottest Fintech Switzerland News once a month in your Inbox Citigroup is considering issuing its own stablecoin, as revealed by CEO Jane Fraser during a post-earnings call. The move is part of the bank’s broader digital assets …

Citigroup’s Profit Rises on Revenue From Trading, Investment Bank

The bank reported a second-quarter profit of $4.02 billion, or $1.96 a share, compared with $3.22 billion, or $1.52 a share, in the year-ago period. Analysts polled by FactSet expected $1.61 per share in earnings.

Citigroup's Quarterly Results Beat Estimates Amid Trading, Investment Banking Gains

Why Citigroup Is Still The Best Value Bet In Large-Cap Banking

Citigroup C has kicked off earnings season with strong second-quarter 2025 results, prompting several Wall Street analysts to reiterate positive ratings and raise price forecasts for the banking giant. The company’s performance was highlighted by an …

What Next For Morgan Stanley And Citigroup Shares?

(MENAFN- The Arabian Post) Matein Khalid Morgan Stanley has evolved into one of the world's preeminent wealth management franchises and dramatically reduced its exposure to volatile securities trading in a major strategy shift under its former CEO …

Citigroup Confirms Plans to Launch Its Own Stablecoin

TL;DR Citigroup’s CEO Jane Fraser has confirmed the bank’s intention to launch its own stablecoin, aiming to strengthen its position in the growing digital finance sector. The move comes as U.S. regulators debate key crypto legislation. Other major banks …

Citigroup Analysts Boost Their Forecasts After Upbeat Earnings

Citigroup C reported better-than-expected second-quarter financial results on Tuesday. Citigroup reported on Tuesday that the second-quarter fiscal 2025 revenue growth was 8% year-over-year and was $21.7 billion, beating the analyst consensus estimate of $ …

Citigroup Explores Stablecoin Issuance as Major Banks Embrace Digital Assets

Citigroup, the third-largest U.S. bank, is actively considering issuing its own stablecoin as part of a broader digital payments strategy, CEO Jane Fraser revealed during a post-earnings conference call on Tuesday, according to Reuters. "We are …