Citigroup Inc. has announced its financial results for the fourth quarter of 2023, revealing a significant net loss of $(1.8) billion, or $(1.16) per diluted share, on revenues of $17.4 billion. This marks a stark contrast to the net income of $2.5 billion, or $1.16 per diluted share, on revenues of $18.0 billion for the […]
Citigroup Q2 2022 results : Citigroup has reported a net income of $4.5 billion for the second quarter of 2022 (Q2 2022), a decrease of 27%, compared to $6.19 billion in the same quarter of the previous year. The American investment banking company registered earnings per share (EPS) of $2.19, which is a 23% decline […]
National Australia Bank Limited (NAB) has agreed to acquire the Australian consumer business of Citigroup for AUD 1.2 billion ($880 million). Citi’s Australian consumer bank business includes residential mortgages of AUD 7.9 billion, deposits of AUD 9 billion, and unsecured lending of AUD 4.3 billion, which will be transferred to National Australia Bank along with […]