Citigroup is a leading global financial services company that provides a wide range of financial products and services to consumers, corporations, governments, and institutions around the world. It operates through various segments, including global consumer banking, institutional clients, and treasury and securities services. The firm offers services such as investment banking, wealth management, credit cards, loans, and other financial solutions, leveraging its extensive international presence and a deep understanding of diverse markets to facilitate transactions and support clients' financial needs. Through its commitment to innovation and customer service, Citigroup aims to help clients thrive in an increasingly complex financial landscape. Read More
Corporate America is experiencing a surge in layoffs as companies respond to economic pressures from President Donald Trump's tariff policies and artificial intelligence adoption reshaping workforce needs.
Citigroup is downsizing 3,500 tech positions in China by 2025 to save $2.5B. This follows their plans to eliminate 20,000 jobs and establish new companies there.
According to the latest report from XBIT, Wall Street firms boldly predict that the value of stablecoins will increase more than 10 times to $3 trillion to $4 trillion by 2030. This prediction is like a bombshell, stirring up a thousand waves in the financial world and triggering widespread attention and heated discussions from all walks of life on the future development of stablecoins.
Microsoft stock is near its all-time high but may face short-term pullback on headline news and lower summer volume; investors should embrace that opportunity
The bank also stated that it would clearly outline in its Employee Code of Conduct and customer-facing documents that it does not discriminate based on political affiliation.
Once again, Amazon is gaining momentum. As we head into June, analysts are bullish, fundamentals are solid, and the chart setup looks like more upside is ahead.
BEDMINSTER, NJ - June 3, 2025 ( NEWMEDIAWIRE ) - Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack Private Bank & Trust announce that Bruce A. Watterson has joined the Bank as a Senior Managing Director, Managing Group Director, with the Bank’s Commercial Banking division. He will be based out of the Bank’s newest location in Garden City, New York.
Spotify stock hits all-time high on Tuesday. Goldman Sachs forecasts global music revenues to nearly double by 2035, driven by emerging markets and monetization innovations.
According to TheFly, Wells Fargo analyst Mike Mayo stated that Citi is on the cusp of transitioning from value destruction to value creation, noting that the stock should rise above its tangible book value.
Discount retailer Dollar General shows signs of an operational turnaround, with strategic initiatives and positive analyst sentiment pointing toward growth.
The regulation known as the Supplementary Leverage Ratio garnered further attention following a selloff of U.S. debt in April following Trump’s “Liberation Day” tariffs.