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Citigroup misses 4th-quarter revenue forecasts as bond trading disappoints

1 month ago   |   By Business Insider

Summary List Placement
Citigroup reported mixed fourth-quarter earnings on Friday that were hurt by weaker-than-expected fixed-income trading revenues.
The bank reported profits that beat analyst estimates, but revenue fell short.
Citigroup saw weakness in its consumer banking arm, with revenues down 14%.
Shares of Citigroup fell more than 1% in early trading.
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Citgroup's fourth-quarter earnings report released on Friday came in below analyst estimates for revenue, but beat on bottom-line earnings.
Fixed-income sales...
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JPMorgan's 4th-quarter earnings smash forecasts as trading revenues soar

JPMorgan's 4th-quarter earnings smash forecasts as trading revenues soar

1 month ago   |   By Business Insider

Summary List Placement
JPMorgan reported fourth-quarter earnings on Friday.
The banking giant posted a 42% rise in net income, driven by its release of $2.9 billion in credit reserves.
CEO Jamie Dimon touted the bank's robust results and record revenues in a "challenging year."
Visit Business Insider's homepage for more stories .
JPMorgan reported fourth-quarter earnings on Friday that beat the consensus estimates of analysts polled by Bloomberg.
The banking titan's net income jumped 42%, largely due to its release of $2.9 billion in credit reserves. It had been building those reserves in...
Read more ...

 

JPMorgan's 4th-quarter earnings smash forecasts as trading revenues soar

JPMorgan's 4th-quarter earnings smash forecasts as trading revenues soar

1 month ago   |   By Business Insider

Summary List Placement
JPMorgan reported fourth-quarter earnings on Friday.
The banking giant posted a 42% rise in net income, driven by its release of $2.9 billion in credit reserves.
CEO Jamie Dimon touted the bank's robust results and record revenues in a "challenging year."
Visit Business Insider's homepage for more stories .
JPMorgan reported fourth-quarter earnings on Friday that beat the consensus estimates of analysts polled by Bloomberg.
The banking titan's net income jumped 42%, largely due to its release of $2.9 billion in credit reserves. It had been building those reserves in...
Read more ...

 


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Texas monitor says state power-grid operator overcharged $16 billion in...

Texas monitor says state power-grid operator overcharged $16 billion in electricity bills during power outages

Summary List Placement Potomac Economics, an independent market monitor for Texas' Public Utility Commission said that the state's power-grid operator massively overcharged... Read more ...

Trump State Department appointee Federico Klein arrested in connection with...

Trump State Department appointee Federico Klein arrested in connection with Capitol riots

Summary List Placement The FBI arrested Federico Klein, a former State Department aide appointed by former President Donald Trump, in connection with the January 6 Capitol... Read more ...

Incredible farm with 14,000 avocado trees goes up for sale - and you should...

Incredible farm with 14,000 avocado trees goes up for sale - and you should see the quaint cottage 

A spectacular avocado farm has listed for sale and it's less than 1.5hours from Byron Bay. Wait till you the most amazing views from the accommodation. Read more ...

Japan to extend virus emergency for 2 weeks for Tokyo area

Japan's government will extend a state of emergency in the Tokyo region for another two weeks because its medical systems are still strained by COVID-19 patients Read more ...

Scott Morrison doubles capacity of Howard Springs quarantine camp 

Scott Morrison doubles capacity of Howard Springs quarantine camp 

The Northern Territory facility, which currently takes 850 arrivals fortnight, will take some 2,000 travellers by May. Read more ...

Cyprus throws open its borders to British holidaymakers

Cyprus throws open its borders to British holidaymakers

Inoculated Britons will be free to enter the country without needing to have a negative Covid test or quarantine, the Cypriot tourism ministry said on Thursday. Read more ...

'Threesomes make me a better person': Giuliani's bisexual daughter reveals...

'Threesomes make me a better person': Giuliani's bisexual daughter reveals she revels in group sex

Caroline Rose Giuliani, the 31-year-old estranged daughter of Rudy Giuliani, wrote in Vanity Fair on Thursday about being a 'unicorn' - enjoying sex with a couple. Read more ...

Queen is given two new corgi puppies to comfort her through the crisis with...

Queen is given two new corgi puppies to comfort her through the crisis with Harry and Meghan

The Queen has been gifted with two new corgi puppies to help her through the royal crisis with the Duke and Duchess of Sussex and Prince Philip's hospital treatment. Read more ...

Talk of Andrew Cuomo as attorney general sparked accuser to come forward

One of the women who accused New York Governor Andrew Cuomo of sexual harassment said she was motivated to come forward after seeing the Democratic governor's name mentioned as... Read more ...

Myanmar coup: Soldiers post death threats on TikTok videos as police filmed...

Myanmar coup: Soldiers post death threats on TikTok videos as police filmed gunning down protester

WARNING - GRAPHIC CONTENT: Myanmar soldiers are issuing threats on TikTok warning that 'I will shoot whoever I see' after footage emerged of a protester being shot dead at... Read more ...