Citigroup

Banking

Consumer Spending Buoyant in Run-up to Tariffs, Big Banks Say

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Banks pocketed huge sums in the first quarter from equities because the “increased market volatility” triggered a rush on transactions.

2 min read

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Advisor Upside

Citi Shakes Up Again After Private Bank Exec Departs

The bank is restructuring the unit that caters to some of its wealthiest clients, according to an internal memo.

1 min read
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Advisor Upside

Schwab, Blackstone Among Firms Fined By SEC Over Off-Channel Comms

The controversial enforcement actions have been called a “cash cow” by Commissioner Hester Peirce.

2 min read
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Advisor Upside

JPMorgan, Citi, Wells, Goldman Crush Q4 Earnings

Wall Street ended 2024 on a high note, providing investors with a sigh of relief as we enter the new year.

1 min read

Banking

Goldman Realigns Banking and Markets Divisions to Form Mega-Deals Team

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The Wall Street firm said parts of its investment banking and markets divisions will be combined to form a team focused on mega-deals.

2 min read

Advisor Upside

Citi Targets Active ETFs in Europe

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Through its white label platform, the bank hopes to be a dominant force in Europe’s growing active ETF market.

2 min read

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Markets

Trading Windfall Pushes Wall Street to Surprisingly Strong Quarter

How’d the financial giants — namely, Goldman Sachs, Citigroup, and Bank of America — make out this quarter? Surprisingly well, it turns out.

2 min read
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Advisor Upside

Big Brokers Beat Estimates in Strong Start to Earnings Season

JPMorgan Chase and Wells Fargo, among other banks and asset managers, beat analysts’ expectations in the third quarter.

1 min read
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Finance

Citigroup and Apollo Strike $25 Billion Partnership in White-Hot Private Credit Market

Citigroup and asset management giant Apollo Global announced an alliance to source $25 billion worth of deals in the next half-decade.

1 min read

Advisor Upside

Wealthy Families Are Ditching Cash for Riskier Wagers

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Family offices are trimming their cash investments and moving into equity plays as the outlook for global markets improves.

2 min read

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