Markets
News
Analysis
User
24/7
Economic Calendar
Education
Data
- Names
- Latest
- Prev
[Citigroup Lowers Profit Target, Casting A Shadow On Strong Fourth-quarter Performance] As It Struggles To Control Costs, Citigroup Lowered A Key Profit Target That CEO Jane Fraser Has Made The Core Of Her Restructuring. According To The Statement, The Bank Now Expects A Return On Tangible Common Equity Of Between 10% And 11% By The End Of Next Year. The Bank Had Previously Predicted That The Indicator Would Be Between 11% And 12% By Then. Citigroup's Move Confirms Analysts' Warnings That The Bank May Have Difficulty Controlling Spending While Implementing Plans To Reorganize Its Global Business And Strengthen Internal Controls. The Bank's New Target Casts A Shadow On Its Stronger-than-expected Fourth-quarter Performance
Quick access to 24/7
Quick access to more editor-selected real-time news
Exclusive video for free
FastBull VIPject team is dedicated to create exclusive videos
Follow More Symbols
You can add more symbols to your watchlist.
More comprehensive macro data and economic indicators
More comprehensive historical data on indicators to help analyze macro markets
Member-only Database
Comprehensive forex, commodity, and equity market data