Citigroup reported a fourth-quarter loss of $1.8 billion after a litany of allegations

Citigroup reported a fourth-quarter loss of $1.8 billion after a litany of allegations

Citigroup CEO Jane Fraser attends a hearing on the annual oversight of Wall Street firms before the Senate Banking, Housing and Urban Affairs Committee on December 6, 2023 in Washington, DC, US. Tom Williams | Cq-roll Call, Inc. | Getty Images Citigroup reported fourth-quarter results before Friday’s opening bell. Here’s what the company announced compared … Read more

JPMorgan Chase is set to report fourth-quarter earnings. Here’s what the Street expects

JPMorgan Chase is set to report fourth-quarter earnings.  Here's what the Street expects

Jamie Dimon, CEO of JPMorgan Chase, test during the Senate Banking, Housing and Urban Affairs Committee’s Annual Oversight of Wall Street Firms hearing on Dec. 6, 2023, in the Hart Building. Tom Williams | Cq-roll Call, Inc. | Getty Images JPMorgan Chase is scheduled to report fourth-quarter earnings before Friday’s opening bell. Here’s what Wall … Read more

Citigroup is at risk of a quarterly loss after charges were much higher than originally disclosed

Citigroup is at risk of a quarterly loss after charges were much higher than originally disclosed

Jane Fraser CEO, Citi, speaks at the Milken Institute 2023 Global Conference in Beverly Hills, California, on May 1, 2023. Mike Blake | Reuters Citigroup warned investors late Wednesday that the charges associated with the drop in the Argentine peso as well as the bank’s reorganization were much higher than the company’s chief financial officer … Read more