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You Searched For "Citigroup" and got 20 results


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Bullish tech bets are at the highest in 3 years as market looks 'increasingly one-sided,' Citi says

The risk in such a high level of bullish bets is that investors could decide to suddenly take profi…

Yuheng Zhan   


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2 mins read

Citigroup beats 4th-quarter forecasts as its fixed income trading group delivers record results

Citigroup estimated that it will generate between $78 billion and $79 billion in revenue in 2023, h…

Matthew Fox   


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'Big Short' investor Michael Burry reveals bets on Amazon and Alphabet

Michael Burry's Scion Asset Management added a raft of US stocks to its portfolio last quarter, mor…

Theron Mohamed   


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3 mins read

Apeejay Surrendra Park Hotels closes 31% above its issue price on debut

Hotel chain Apeejay Surrendra Park Hotels debuted on Dalal Street at a 20.6% premium on Monday. The…

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Citigroup beats earnings views on strong trading results after rival banking giants fall short

"Trading volatility continued to create strong corporate client activity for us, driving revenue gr…

Jason Ma   


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Citi beats 1st-quarter earnings forecasts as trading desks capitalize on volatility

Citi's revenue from stock and fixed-income trading beat consensus forecasts and sent the firm's sto…

Carla Mozée   


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Oil demand forecast slashed by a third at Citi with more cuts likely as there's no evidence of a summer driving surge

"The demand simply isn't there as people thought," Citigroups's head of commodities research told B…

Phil Rosen   


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2 mins read

Citigroup says oil prices could tumble to $65 by the end of the year if a recession whacks demand

Citi sees oil prices at $85 a barrel by the end of 2022 even if an "increasingly likely" recession …

Harry Robertson   


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3 mins read

Don't be fooled by falling yields - the bond vigilantes are still out there

While bond vigilantes may have quieted down as the Fed gets ready to pivot, they're still out there…

Aruni Soni   


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Citigroup reports steep drop in 4th-quarter earnings as operating expenses pile up

Citigroup reported operating expenses that rose 18% year on year to $13.5 billion. Excluding the im…

Isabelle Lee   


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Citigroup's CEO says she is certain that war in Ukraine and the energy crisis will plunge Europe into a recession

War in Ukraine and the energy crisis have left Europe highly vulnerable to economic downturn, Jane …

George Glover   


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3 mins read

Warren Buffett's Berkshire Hathaway bet on Citigroup, loaded up on Chevron, and dumped Verizon. Here are 5 key takeaways from its Q1 portfolio update.

Berkshire sold the last of its Wells Fargo shares, more than quadrupled its Activision Blizzard sta…

Theron Mohamed   


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Citigroup beats 3rd-quarter profit estimates but stock falls after fixed-income trading revenue disappoints

Citi said it was winding down its operations and exposure to Russia with plans to end nearly all of…

Matthew Fox   


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Citi blows past 3rd-quarter earnings estimates as trading and release of loss reserve drives 48% jump in profit

"The recovery from the pandemic continues to drive corporate and consumer confidence," said Citigro…

Carla Mozée   


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2 mins read

Oil prices could crash 50% if OPEC+ lets output rise and doesn't extend cuts through 2024, Citi commodities research chief says

Eliminating oil production cuts would be "so painful" for OPEC that the organization is likely to s…

Filip De Mott   


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Citigroup beats 2nd-quarter earnings estimates as strong stock-trading offsets fixed-income miss

Citi's equities sales and trading revenue grew 37% year over year to $1.06 billion, crushing analys…

Emily Graffeo   


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Warren Buffett's Berkshire Hathaway reveals Citigroup and Paramount stakes and virtually eliminated its Verizon wager

Buffett's company more than quadrupled its bets on Chevron and Activision Blizzard, and added a bun…

Theron Mohamed   


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US stocks edge higher and notch 3rd consecutive week of gains

Markets rode a wave of optimism this past week around the potential end of Fed policy tightening.

Aruni Soni   


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A bond 'doom loop' should mean that yields rise with more borrowing — but history says the opposite

"This finding is not confined to the US: it holds in Germany, Italy, Japan, the UK, Switzerland and…

Filip De Mott   


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4 mins read

Tata Technologies IPO to open on November 22, price band fixed at ₹475-500

Tata Technologies’ ₹3,042 crore initial public offer (IPO) will open for subscription on November 2…