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Shares of major U.S. banks are surging Tuesday, after Bank of America and Citigroup became the latest lenders to report ...
Bank of America and Citigroup notched higher revenue and profit as their trading desks benefitted from a sharp rise in market ...
Bank of America and Citigroup are expected to notch higher revenue and profit when they post results Tuesday morning. Their ...
Futures edged down Tuesday morning, with the S&P 500, Nasdaq, and Dow trading just below break-even, as investors braced for ...
Wall Street is raking in even more money from trading than it did during the market’s Covid-19 era swings. Goldman Sachs, ...
The banks reaped the benefits of investors adjusting their portfolios after being spooked about a possible return to ...
Bank of America and Citi reported lower mortgage production between Q4 2024 and Q1 2025 — and conditions ahead could remain ...
Two of the biggest US banks, Citigroup and Bank of America, notched better-than-expected ... Wednesday as US government borrowing costs rose. Citi CEO Jane Fraser has embarked upon a turnaround ...
CEO Jane Fraser said Tuesday that the bank is positioned well to handle shakiness in the global market, and is still working ...
Bank of America shares were up 4.5% Tuesday afternoon, while those of Citi were 3.8% higher. Both banks were among the top gainers on the S&P 500. The benchmark index's financial services sector ...
Citigroup's markets revenue rose 12% to $6 billion in the quarter, surpassing its earlier expectations for a mid-single-digit percentage gain, the bank said on Tuesday.