Citigroup Stock News

Citigroup CEO Jane Fraser says she is "very encouraged" by the "clarity" and "direction" coming from the Trump administration, which in turn helps the top bank support Main Street.

The U.S. banking industry reported $70.6 billion in profits in the first quarter of 2025, a jump of 5.8% from the previous quarter, the Federal Deposit Insurance Corporation reported Wednesday.

Poland's Citi Handlowy announced late on Tuesday that it has established new strategic development directions for years 2025 through 2027, on the condition that an agreement to sell its consumer business to VeloBank is sealed.

Citi Handlowy, a Polish banking business that is majority-owned by a Citigroup subsidiary, plans to sell its consumer banking business to VeloBank S.A., a Poland-based universal bank.

Citigroup said on Tuesday its Polish unit has agreed to sell its consumer banking business in the country to Velobank, as the Wall Street giant nears the end of a years-long effort to exit non-core retail banking markets.

We initiate coverage on Citigroup Inc. with a Buy rating, driven by our conviction that the company's transformation will generate outsized EPS growth and risk-adjusted returns. Citi's disciplined expense management, segment momentum, and aggressive $20B buyback underpin my view that the Street underestimates its earnings power. Valuation at 9.5x FY26E P/E is conservative versus peers, balancin...

Lenders face plenty of risks, but rising longer-term interest rates can work to their advantage.

Some of the biggest U.S. banks are exploring whether to team up to issue a joint stablecoin, The Wall Street Journal reported on Thursday.