Last updated: 2026-01-15 13:45:59 ET
Citigroup’s stock rose, as the bank’s earnings miss was due to a previously disclosed large loss related to plans to sell AO Citibank in Russia.
Under CEO Jane Fraser, Citigroup is in the midst of a restructuring, selling off parts of its overseas operations.
Citigroup is set to cut about 1,000 jobs this week, a source familiar with the matter told Reuters on Monday, as part of a plan announced two years�...
Shares of Capital One plunged more than 7%, while Citigroup slid over 3% and JPMorgan Chase fell about 2%.
These are some of the stocks posting the largest moves in midday trading.
Citigroup estimates that about $6.8 billion in silver futures could be sold.
