Depiction of the banking district in a large city, with an arrow symbolizing bullish momentum. Key Points Bank stocks are outperforming even as the Fed shifts to a softer monetary stance, with major names like Citi, Goldman Sachs, and Wells Fargo showing strong 2025 gains. Citigroup Inc. has surged nearly 60% YTD, driven by earnings beats, restructuring momentum, and a fresh J.P. Morgan upgrade. While Goldman Sachs Group Inc. shows strong operational results, valuation concerns are growing; Wells Fargo ...

Citigroup ( C ) is in the process of undergoing a multi-year reorganization that is intended to help streamline the company’s operations while it is also working to expand into high-margin services in wealthier regions. These efforts have had aWilliam has been an avid student of the stock market for over a decade. Being an avid student of political economics his entire professional life gives him a unique insight into the macroeconomy and how it impacts assets. Having learned the value of a comprehensive an ...

This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. The Office of the Comptroller of the Currency on Thursday lifted a portion of Citi’s compliance burden related to long-standing issues in its data quality, risk management and internal control functions. The agency withdrew a 2024 consent order amendment that required the bank to submit a resource review plan, wherein the bank was to lay out the financial, human and ...

Group 1 - Truist Securities raised the target price for Bank of America from $56 to $58 [1] - Truist Securities increased the target price for Citigroup from $112 to $123 [1]

格隆汇12月19日｜知情人士透露，美联储已解除对花旗集团发出的监管通知，结束要求该行纠正交易风 险管理弱点的程序。 美联储于2023年底向花旗发出多项正式通知，要求其处理三项被称为"须立即关注 事项"的问题，包括计算及管理交易对手风险，以及为潜在交易损失预留资本方面的不足。据悉，美联 储现已终止上述监管通知，意味相关纠正要求已获满足。 来源：格隆汇APP ...

Core Viewpoint - The Office of the Comptroller of the Currency (OCC) has terminated a July 2024 amendment to a consent order from October 2020 regarding Citi's risk management deficiencies, indicating that the bank has made sufficient progress in compliance [1][3]. Group 1: Regulatory Actions - The OCC's amendment required Citi to implement a quarterly process to allocate resources for meeting milestones in the 2020 consent order [2]. - The OCC stated that the bank had previously failed to make "sufficient and sustainable progress" toward compliance with the consent order [2]. - The termination of the amendment suggests that the OCC believes Citi's safety, soundness, and compliance with laws no longer necessitate the amendment's existence [3]. Group 2: Citi's Response and Progress - Citi has prioritized its transformation efforts, dedicating resources to modernize systems and strengthen its risk and control environment [3]. - The bank reported that most of its programs are at or nearly at target state, leading to benefits from improved, standardized, automated, and digitized controls [3]. - In response to the October 2020 consent order, Citi expressed disappointment in falling short of regulatory expectations and committed to addressing identified issues [5]. Group 3: Historical Context - The October 2020 consent order criticized Citi for failures in data management, regulatory reporting, and capital planning, highlighting significant ongoing deficiencies in its risk management systems [4]. - In July 2024, Citi was fined $136 million for not making sufficient progress in addressing data management issues identified in 2020 [5]. - A major organizational restructuring was initiated by Citi in September 2023, with the CEO emphasizing the bank's potential for improvement [6].

An amendment to a Citigroup regulatory penalty was removed in a sign the bank is closer to completing its longstanding tasks to improve risk and compliance https://t.co/0Prm1NpAkv ...

Citigroup took another step toward fixing its longstanding compliance problems, announcing on Thursday that a U.S. bank regulator had removed part of a sweeping punishment requiring the bank to tackle... ...

Key Takeaways C beat Mag-7 stocks in 2025 as rate cuts, revived deal activity and solid spending drove a sharp rally. C is streamlining operations, exiting multiple consumer markets and cutting jobs to boost efficiency.C expects 4-5% revenue CAGR through 2026 and targets $2-2.5B in annualized savings from AI efforts.Shares of Citigroup, Inc. (C) have significantly outshone the Mag-7 tech giants in 2025, with shares surging 62.9%. Investor confidence is reinforced by tangible progress in the bank’s multi-yea ...

Key Takeaways C announced a multi-year partnership to deploy data, analytics and workflow solutions at scale.C gains LSEG's AI-ready, multi-asset data and workflows for markets, banking, risk and compliance.The deal supports C's efforts to strengthen controls, data governance and regulatory compliance at scale.Citigroup, Inc. (C) has announced a multi-year strategic partnership with London Stock Exchange Group (“LSEG”) to deploy data, analytics and workflow solutions at an enterprise scale. The partnership ...