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Tag: Citigroup

24Jan

Citigroup to Cut More Jobs in March After 1,000 Layoffs

New York: Citigroup is expected to lay off more employees in March following a round of about 1,000 job cuts this month, according to two sources with knowledge of the…
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30Dec

Citigroup to sell Russia unit to Renaissance Capital, expects $1.2bn pre-tax loss

Citigroup to sell Russia unit to Renaissance Capital, expects $1.2bn pre-tax lossCitigroup on Monday said its board approved the sale of its Russian unit, AO Citibank, to Renaissance Capital, in…
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15Dec

Citigroup Sets 2026 S&P 500 Target at 7,700 on AI, Earnings Strength

Citigroup has set a year-end target of 7,700 for the S&P 500 index for 2026, pointing to robust corporate earnings and sustained tailwinds from artificial intelligence investments. The brokerage said in…
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05Dec

Citigroup set 2026 year-end target for STOXX 600 index at 640

Citigroup on Friday set its 2026 year-end target for the STOXX 600 index at 640, broadly driven by fiscal spending and supportive monetary policy. The Wall Street brokerage's target implies…
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