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Tag: Citigroup

Citi says Wall Street was wrong to cut bets on Fed rate cuts

(Bloomberg) -- Citigroup Inc.Most Read from BloombergDubai Stalled as Cloudy Rainfall Exacerbates FloodingTesla Again Asks Investors to Approve Mas Resonance's $56 Billion PayrollChina Says Carbide Ties With Iran Will Continue After Israel AttackIf Fed Rate Hikes Actually Triggered a Boom in U.S. Economy?

Wall Street Takes on New Role as Private Credit Matchmaker

(Bloomberg) -- Banks have found another way to fight back after private lenders grabbed a growing share of the lucrative leveraged-acquisition-financing business. Bloomberg's top readsDubai Stalled as Clouds Seed Worsen FloodingTesla Again Asks Investors to Approve $56 Billion Payroll for Mas ResonanceChina Tells Iran Carbes Will Continue After Israel AttackWhat if Fed Rate Hikes Actually Triggered a Boom in the U.S. Economy?

Q1 Bank Earnings Bring Needed Revival to Wall Street

As usual, the first quarter officially kicked off with bank earnings reports. On Friday, Wells Fargo (NYSE: WFC), JPMorgan Chase (NYSE: JPM) and Citigroup (NYSE: C) kicked off the quarter with strong results. On Monday, Goldman Sachs Group Inc (NYSE: GS) also reported better-than-expected earnings, as a rebound in global takeovers boosted revenues at its largest unit. Wells Fargo beat first-quarter profit estimates. Wells Fargo & Co.
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