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The Latest Breaking News from Citi

Citigroup makes $81 trillion mistake

The bank reversed the mistake several hours after making it

Salon

Citigroup credited client’s account with $81tn before error spotted

US bank meant to send $280 but no funds were transferred despite ‘fat finger’ mistake

The Guardian - UK

UK regulator fines four banks £100m over traders’ sharing of information

HSBC, Citi and Morgan Stanley among five banks CMA investigated for competition law breaches between 2009 and 2013

The Guardian - UK

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Banks fined £100m after traders shared sensitive information in chat rooms

For four years after the financial crisis bank staff were sharing information about the Government debt they were buying and selling, regulators said.

Evening Standard

Four banks fined £100m over chat room messages

HSBC, Citi, Royal Bank of Canada and Morgan Stanley were all fined, while Deutsche Bank received immunity for reporting its conduct to authorities

The Independent UK

Four major City banks fined more than £100 million by watchdog

CMA investigation found that traders were sharing information about the gilts market in chat rooms

Evening Standard

Should You Buy This Cheap Turnaround Stock Now?

Nike trades at less than half of its 2021 high as it battles multiple headwinds. The stock looks quite attractive for someone willing to take a long-term view and bet on the company’s turnaround.

Barchart

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Carrying high-interest debt? Here’s when to consider a balance transfer—and when you shouldn’t

Running the numbers showed that a balance transfer card was right for me, but that’s not the case for everyone. Here’s what you should know.

Fortune

Warren Buffett’s $1.24 billion bet on Modelo maker is 'perfect example of value investing'

Citi's lead beverages analyst Filippo Falorni views Berkshire Hathaway's investment as "a perfect example of value investing."

Fortune

Warren Buffett Sold This High-Yield Dividend Stock. Should You?

Berkshire Hathaway sold over two-thirds of its Citi stake in Q4.

Barchart

Dear Nvidia Stock Fans, Mark Your Calendars for February 26

With earnings day approaching, Nvidia fans await Feb. 26 to see if Wall Street’s optimism holds strong or if the rally has truly lost steam amid fresh competition.

Barchart

Citi’s Jane Fraser is bucking the RTO trend

CEO Jane Fraser is maintaining a hybrid work policy and positioning the bank's flexibility as a competitive recruitment advantage.

Fortune

Citigroup commits to hybrid working, bucking Wall Street trend

Managers told letting most staff continue to work up to two days from home will give bank competitive advantage

The Guardian - UK

Citi Analysts Are Doubling Down on Nvidia Stock. Should You?

While Nvidia’s historic plunge has investors worried, should they follow Citi's bullish stance on the AI chip giant or wait on the sidelines?

Barchart

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Barchart

Citi Analysts Think This Robotic AI Stock Can Surge Another 25% From Here

This robotic AI stock is a “buy and hold” stock for the long term despite its lofty valuation.

Tom’s Guide

These 'Cobra Kai' cast members will celebrate the show's final season at PaleyFest L.A.

'Cobra Kai' actors and creators will be in attendance at PaleyFest L.A. 2025 to tease what's coming in the big finale

Barchart

This Outperforming Dividend Stock Could Continue Rallying Under Trump

Citigroup shares hit their 52-week high on Jan. 17. The stock has a healthy dividend yield of 2.8% and could continue to shine under Donald Trump’s presidency.

MarketBeat

Hims & Hers Health: A Stock to Trade or Own?

HIMS achieved remarkable growth in 2024 but now faces challenges in 2025, raising the question of whether it suits traders better than long-term investors.

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Fortune

JPMorgan's Marianne Lake is lone female contender in succession race

Piepszak will become the firm's COO, but isn't interested in the CEO job.

Fortune

Citigroup faces £1bn bill on London HQ overhaul amid RTO push

The bank's outlay means it has spent nearly as much on renovations as it did buying the building.

The Guardian - UK

Citigroup commits to office working with £1bn Canary Wharf tower revamp

US bank will spend almost as much to renovate Citi Tower skyscraper as it paid for site in the first place

International Business Times

Citibank App Outage: Customers Alarmed By Fraud Alerts, Access Troubles

Technical problems with Citibank's mobile app prevented users from accessing their accounts. The bank is attempting to fix the issue.

International Business Times

US Bank Profits Rise As Wall Street Hopes For Merger Boom

Large US banks reported soaring profits Wednesday propelled by strength in trading and financial advisory services as Wall Street eyes a potential merger boom under the incoming Trump administration.

Kiplinger

Citigroup Stock Jumps on Earnings, $20 Billion Stock Buyback News

Citigroup stock is soaring Wednesday after the big bank topped earnings expectations and unveiled a massive stock buyback program. Here's why that's important.

MarketBeat

Why McDonald's Is About to Become a $300 Stock Again

As we head into the first couple of weeks of the year, bullish analyst updates are setting the stage for what could be a strong rebound in 2025.

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