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Citigroup ( C) CEO Jane Fraser is betting a dramatic restructuring can revive the lender's stock price and remove decades of bloat. On Friday she disclosed how deep those cuts will go. The New ...
Click here for in-depth analysis of the latest stock market news and events moving stock prices. Read the latest financial and business news from Yahoo Finance Show comments
Citi services head Shahmir Khaliq said e-commerce revenues may grow 12 to 15% annually. Citigroup stock gained 39% in the last 12 months. Price Action: C shares are trading lower by 0.91% at $65. ...
Citigroup Inc. or Citi (stylized as citi) is an American multinational investment bank and financial services company in New York City. The company was formed by the merger of Citicorp, the bank holding company for Citibank , and Travelers in 1998; Travelers was spun off from the company in 2002.
While Citi’s stock has increased 14 percent this year to $60.62, analysts at Oppenheimer and Wells Fargo have the stock marked to buy with a target price of $86.00 and $85.00 respectively.
Fraser took over Citi long after the bank’s stock price began to lag peers. But since her tenure began, the stock has fallen 31%, close to twice the decline of any other big bank in that time.
Citigroup CEO Jane Fraser got a 6% pay bump for her performance in 2023, a year the bank's profits dropped 38% and Fraser began a dramatic restructuring that will result in an estimated 20,000 job ...
Click here for in-depth analysis of the latest stock market news and events moving stock prices. Read the latest financial and business news from Yahoo Finance Show comments
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