Citi cuts return targets to spend more on regulatory fixes, plans $20 billion in buybacks
Citigroup cut its closely watched profitability target in 2026 as it tackles rising regulatory expenses and, at the same time ...
How snack giant Mondelez is trying to keep pace in the fast-changing realm of AI, cybersecurity, and cloud
After working at big banks including Citigroup and UBS, followed by a stint as information security for consumer goods giant ...
American Banker14m
Citi beats earnings expectations, cuts profitability target
The megabank reported achievements in several areas, but lowered its 2026 expectations for a profitability metric that ...
Wall Street is more likely to see a 'positive surprise' this earnings season, says one strategist
Financial markets were restoring calm after a softer-than-expected December consumer-price inflation report spurred a sharp rally in U.S. stocks and a plunge in Treasury yields. Now investor focus is ...
Financial Advisor47m
JPMorgan Traders Notch Record Fourth Quarter On Volatility
JPMorgan Chase & Co.’s traders scored their biggest fourth-quarter haul ever, boosted by volatility tied to the U.S. elections in November. Trading revenue at the firm rose 21% from a year earlier, ...