Citigroup

C

Market cap $185B

Buying a home is often the largest expenditure that a person will make in their lifetime. Given the massive cost of a house, most people need to borrow money.

Do C's sweeping exits, leaner operations and rising NII guidance set the stage for stronger upside than PNC's expansion push? Let us find out.

FDIC-Insured banks' Q3 earnings jump 21.4% as rising NII, lower provisions and steadier loans and deposits lift results.

Citigroup's CFO shift to Gonzalo Luchetti and a sweeping U.S. consumer revamp signal a bold reset aimed at boosting returns and sharpening growth.

Citi announced changes to its leadership team and structure as it works to continue increasing its shareholder returns. Mark Mason will transition out of the role of chief financial officer in March 2026, according to a Thursday (Nov. 20) press release.

The current finance chief, Mark Mason, is expected to look for a CEO role elsewhere.

Mason, who has been the company's CFO since 2019, will become executive vice chair and senior executive advisor to chair and CEO Jane Fraser.

Citi is reorganizing its U.S. personal banking business, including making its consumer cards business a standalone unit.

A planned $20 billion bailout to Argentina from JPMorgan Chase , Bank of America and Citigroup has been shelved as bankers pivot instead to a smaller, short-term loan package, the Wall Street Journal reported on Thursday, citing sources.

Bankers are instead discussing a smaller, short-term facility to help Argentina make a roughly $4 billion debt payment in January