citigroup earnings

Vikram Pandit Quits as Citigroup CEO

Vikram Pandit abruptly stepped down as CEO of Citigroup on Tuesday after steering the bank through the 2008 financial crisis and the choppy years that followed. Also resigning: President and Chief Operating Officer John Havens. Citigroup offered no explanation for the sudden departures.

At Last, Citigroup Starts to Pull Through

It took a while -- three years, really -- but Citigroup, by far the weakest of the big banks coming out of the recession, is starting to pull through. After this morning's second-quarter earnings report of $3.3 billion, or $1.09 per share, investors have several things to rejoice over.

Citigroup Posts Sixth Straight Profit

Citigroup (C) says it has turned a profit for the sixth straight quarter as losses from failed loans declined. The New York bank says losses from...

Citigroup Earnings Beat Wall Street Estimates

Citigroup on Monday morning reported third quarter net income of $2.2 billion, topping Wall Street estimates and marking its third consecutive quarterly operating profit. Citi shares were up as much as 2.3% in premarket trading.

Citigroup Earnings: A Surprising $4.4 Billion Profit

Citigroup said Monday it earned a surprisingly robust profit in the first quarter, its highest in almost three years. The poster child for "too big too fail" easily topped Wall Street estimates on strong results from its investment banking operations and lower provisions for credit losses.