Citigroup Inc. in the News
Morgan Stanley's profit jumps as investment banking recovers
Morgan Stanley's net income rose to $3.1 billion, or $1.82 per share, in the three months ended June 30. That compares with $2.2 billion, or $1.24 per share, a year earlier.
Bank of America profit drops on lower interest income, outlook lifts shares
Bank of America earned $6.9 billion, or 83 cents per share, in the quarter ended June 30, compared with $7.4 billion, or 88 cents per share, a year earlier.
Trump drops $500 tip at Philly cheesesteak restaurant as possible VP name is floated in crowd interaction
Former President Trump made an unexpected campaign stop at a small business, Tony and Nick's Steaks, in Philadelphia before a rally Saturday, and left a $500 tip.
Conservative group takes aim at Wall Street in report claiming big banks have undercut firearms industry
The American Accountability Foundation has released a report on how big banks have refused to lend money to firearm and ammunition manufacturers in an "asymmetrical attack" on the firearms industry.
West Virginia cracks down on major banks over environmental activism
FIRST ON FOX: The State of West Virginia banned four major financial institutions over their environmental, social and governance policies boycotting fossil fuels.
Biden's attempt to mimic Trump's namecalling backfires after 'Broke Don's' stock soars
President Biden attempted to co-opt former President Trump's penchant for nicknames to little success after his "Broke Don" moniker was beset by the GOP nominee's social media company's stock soaring.
US hours away from attempt at first moon landing in half century with private robot spacecraft
Those interested in watching the first U.S. spacecraft to land on the moon in more than half a century may be able to do so on Thursday.
Student loan payments may be to blame for a spike in credit card delinquencies
New findings published by the New York Federal Reserve show that a growing number of Americans are struggling to make their monthly credit card payments.
Citigroup announces elimination of 20,000 jobs after losses
Citigroup on Friday said it will slash 20,000 jobs. The reductions will happen 'over the medium-term,' something that should ultimately bring its expenses down by $2-2.5 billion, Citi said.
Wall Street banks warn lawmakers about new regulations
The CEOs of the eight largest U.S. banks planned to push back on pending banking regulations as burdensome at Tuesday's hearing before the Senate Banking Committee.