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The Latest Breaking News from Citi

Country Star Jelly Roll Announces Extensive 2024 Arena Tour

Country star Jelly Roll's 'Beautifully Broken' tour to captivate fans across the US with diverse venues and cities in late summer and fall 2024.

Top News

Capital One Plots Largest Credit Card Acquisition Ever. Will Regulators Play Ball?

Capital One announced plans to purchase Discover Financial for $35 billion, allowing it to compete with rival credit card giants.

Investors Business Daily

1 Dividend King to Buy at a Discount After Earnings

Barchart

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Social mobility in finance: the new scheme tackling banking’s class ceiling

Although the banking sector has increased its focus on becoming more diverse in terms of gender and ethnicity in recent years, it is still often regarded as elitist. Citi’s new programme strives to change this perception

The Guardian - UK

‘Representation matters’: how a bank is supporting students from diverse backgrounds seeking a career in finance

In a bid to create a more diverse and inclusive workforce, Citi has run a number of initiatives including a Black Heritage Insight programme

The Guardian - UK

Ready for a comeback? The hiring scheme targeting workers on a career break

When returning to the workplace after a prolonged break, many professionals are forced to take lower-skilled jobs – but now some employers have started to address the challenge. Two returners tell their stories

The Guardian - UK

Apprenticeships: could this career in finance option work for you?

Citi’s apprentice scheme for school leavers and people in the early stages of their working life offers an alternative way into finance

The Guardian - UK

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Is Citibank's Security Leaving Customers At Risk? AG Launches Lawsuit Over Alleged Negligence

Citibank faces a lawsuit from the NY Attorney General, Letitia James, for alleged negligence in protecting customers from scams, and reimbursing fraud victims.

International Business Times

PaleyFest LA Celebrates ‘Curb,’ ‘Young Sheldon,’ ‘Family Guy,’ Other Standout Shows

Larry David explains why he might not sound like himself

Multichannel News

Charles Schwab (SCHW) Earnings Call: Strategic Moves for Investors

Charles Schwab (SCHW) is navigating through a challenging landscape evident from its grim third quarter results. With the company’s fourth quarter results on the horizon, what strategic move should investors contemplate regarding this stock? Read more to find out….

StockNews.com

Analyst predicts Qualcomm stock rally, unveils new price target

A Citi analyst upgrades the tech company as he expresses confidence about a recovery in the handset market.

The Street

Why Citigroup is cutting 20,000 jobs

After witnessing its worst quarter in 15 years, Citigroup announced plans to lay off 20,000 workers over the next two years.

The Street

Former Citi VP in Chicago charged with elder fraud

Helen Caldwell, whose actions were spotlighted in an Injustice Watch investigation published by the Sun-Times, is charged with bilking $1.5 million by steering elderly banking clients to invest in her side deals producing slasher movies.

Chicago Sun-Times

Citigroup is planning a major cost-cutting move amid high expenses

The bank is following a trend that's been negatively affecting employees at large corporations.

The Street

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International Business Times

US Banks Report Mixed Results, See Consumers As Still Fairly Healthy

Large US banks reported mixed results Friday, dented by exceptional costs connected to job cuts and to replenishing a federal fund tapped during last year's crisis involving midsized lenders.

The Guardian - US

Citigroup to cut 20,000 jobs after steep quarterly loss

JPMorgan Chase posts record annual profit as earnings season gets under way

Evening Standard

Banking giant Citi could cut hundreds of London jobs as it aims to reduce headcount by 20,000

It comes as the firm reported a $1.8 billion loss for 2023

Fortune

A rare Netflix skeptic on Wall Street says it fails the grandmother test: The winner of the streaming wars will have to do too much to stay on top

Citi's Jason Bazinet downgraded Netflix because of its narrative. "If you can explain a story in two lines to your grandmother, that will get a higher multiple"

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Investors Business Daily

S&P 500 Housing Stocks Rally Near Buy Points. KBH Earnings Slide On Falling Home Prices.

These two S&P 500 stocks rallied around buy points Wednesday.

Investors Business Daily

This Big Bank Rallies As Q4 Reporting Gets Underway; Citi To Ax 20,000 Jobs

Four banks broke out ahead of Q4 results. BAC and top bank ETF are near buy points. JPM stock was upgraded to buy but Wells Fargo is seen leading earnings.

Investors Business Daily

Analysts, Unfazed By 737 Max 9 Grounding, Say Spirit And Boeing Stock Are Buys

Analysts still rate Boeing stock, Spirit AeroSystems a buy after the FAA grounded all 737 Max 9 aircraft.

Investors Business Daily

Tesla Reported Record Deliveries. Here's Why Wall Street Is Keeping Its Powder Dry.

Analysts are focusing on Q4 earnings and potential headwinds to the EV business in 2024.

Fortune

Frequent American Airlines flyers can earn miles and get lounge access with this premium rewards card

This card comes with a free Admirals Club® membership, which is valued at $850 alone.

Fortune

American Airlines boarding groups: What to know (and how to upgrade)

Wondering how to upgrade your boarding group the next time you travel with American Airlines? Here are four methods to ensure you board more quickly.

Investors Business Daily

Nike Stock Dives On Earnings, Revenue Guidance, As Dow Giant Plans To 'Streamline' Business

Nike earnings topped views while revenue was in line. The Dow giant aims to "streamline" operations to slash costs. Nike stock tumbled late.

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