How AI Revolution Is Driving 200,000 Layoffs On Wall Street
Wall Street execs predict 200,000 layoffs, due to artificial intelligence (AI). As technology impacts finance, and other ...
Citi Stock Gains. Wall Street Is Falling in Love Again.
The bank’s fourth-quarter earnings are due on Jan. 15, a chance for the chief executive and her team to update investors on ...
Citigroup Earnings Top Wall Street Forecasts
Shares rose 3.6% in premarket trading. Citi, one of the nation’s largest banks, has been pursuing a turnaround strategy under CEO Jane Fraser, who has sold off some business and reorganized the ...
Wall Street banks JP Morgan, Citi and Goldman Sachs report bumper profit
Wall Street’s biggest banks, including JP Morgan, had a surge in profit after a rebound in dealmaking and strengthening ...
The Financial Times10d
Wall Street doubts Citi chief Jane Fraser can hit crucial target
Despite Citi lagging behind its rivals on return to tangible equity, about 70 per cent of Wall Street analysts have assigned the bank a “buy” rating. “The outcomes for Jane are about as wide ...
The Victoria Advocate3d
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 ...
Hosted on MSN1d
Wall Street Banks Report Strong Q4 Results Amid Economic Resilience and Policy Uncertainty
Morgan Stanley, Goldman Sachs, Bank of America, Citi, Wells Fargo, and JPMorgan Chase all reported strong fourth-quarter ...
Citi expects rally in global stocks to extend into 2025, sees 10% EPS growth
Citigroup said on Friday it was expecting a rally in global equities to extend into 2025, as falling interest rates and ...
The high and low Wall Street forecasts
Citigroup lands in a familiar place with the gloomiest of the Wall Street forecasts for jobs: it's forecasting 120,000 jobs, the unemployment rate to rise to 4.4% and a 0.2% rise in average hourly ...