Citi cuts return targets to spend more on regulatory fixes, plans $20 billion in buybacks
Citigroup cut its closely watched guidance for profitability in 2026 as it tackles rising regulatory expenses, but also ...
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Citi beats profit on trading strength, but cuts return targets after 'critical' year
Industry executives expect the momentum to continue this year as the Federal Reserve cuts interest rates and President-elect ...
Big banks hiked interest rates on borrowers but not for savers, senators say
As interest rates rose, banks charged more for credit cards and loans, but held rates paid on savings accounts.
Is the mail delivered on MLK Day? Are banks open? Here's what is open, closed in Arizona
Monday is Martin Luther King Day. Here's what to know about the businesses and services that are closed for the holiday in ...
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Citi beats profit on trading strength, but cuts return targets after 'critical' year
In 2020, the Office of the Comptroller of the Currency and the Federal Reserve fined Citi $400 million for some risk and data failures. Last year in July, regulators fined Citi $136 million for ...