Andy Feng/iStock Editorial via Getty Images Banking giant Citigroup (NYSE:C) said on Monday it will cease operations in Haiti, but the international banking and correspondent banking services will continue for existing clients. The group is set to surrender its banking license, with the approval of the country’s central bank. TheContinue Reading
Imilian Next week marks the beginning of earnings season, with several big companies across the financial, consumer and technology sectors set to release their quarterly results. Investors will be keenly watching reports from PepsiCo (NASDAQ:PEP), Delta Air Lines (NYSE:DAL), Ericsson (NASDAQ:ERIC), JPMorgan (NYSE:JPM), Wells Fargo (NYSE:WFC) and Citigroup (NYSE:C). BelowContinue Reading
Mario Tama/Getty Images News Citigropup (NYSE:C) plans to increase its quarterly dividend by 5.7% to $0.56 per share from $0.53 per share, starting in Q3 2024, the bank said Friday, after the passing the annual Federal Reserve stress test. Effective Oct. 1, 2024, Citi’s (C) indicative stress capital buffer requirementContinue Reading
As a leader in the athletic sportswear category, Nike’s (NYSE:NKE) quarterly results not only bring an unofficial close to earnings season but are viewed as a barometer to consumer spending trends and the company’s success penetrating foreign markets. Wall Street will dissect FQ4 results next week for not only theContinue Reading
