Citigroup raised its year-end target for the broad measure of the entire U.S. stock market, the S&P 500 index.
Move is part of bank’s push to cut costs and streamline global operations amid broader turnaround effort
The bank is rolling back a policy it launched after the 2018 Parkland mass shooting, saying many retailers are following the practices it sought to promote.
The Omaha-based conglomerate sold out of its Citigroup position by the end of March, according to a new regulatory filing.
CEO Jane Fraser said Tuesday the bank was continuing to earn credibility with investors and that she remains focused on executing on her strategy.
Citigroup may have a key disadvantage when it comes to first-quarter earnings.
TJX Companies is in a prime position to cash in on the tariff chaos, according to Citigroup.
Citigroup said shares are a buy, while UBS reiterated its hold rating.
Citigroup mistakenly credit a customer's account with $81 trillion last year when it meant to send just $280.
Citigroup mistakenly credit a customer's account with $81 trillion last year when it meant to send just $280.