Citigroup (C) shares lost ground Tuesday after ... It said that was driven primarily by higher credit card losses, and a rise in the allowance for credit losses, which rose to $22.1 billion ...

For Citigroup, this trend came in the form of a $2.7 billion credit loss, which management directly quotes as being accredited to credit losses in their card business. This is not a Citigroup ...

Citigroup Inc. said its cost of credit was about $2.7 billion in the third quarter, up from $1.8 billion in the year-earlier period, driven by higher cards net credit losses and a higher allowance ...

As a global financial-services powerhouse, Citigroup operates across more than 100 countries, offering a broad spectrum of ...

Citigroup Inc. said its consumer banking ... mostly due to higher net credit losses, as multiple card loan vintages originated in the last few years are now maturing.

Citigroup, Bank of America and Wells Fargo advanced in overnight trading on brokerage Robinhood. The move comes as investors ...

In the U.S. retail banking division, revenue climbed 3% to $5 billion, buoyed by 8% growth in credit card revenue to $2.7 billion. Meanwhile, retail banking revenues fell 8%, and in the retail ...

Citigroup is a global financial-services company ... investment banking and trading, and credit card services in the United States. Trading volume stands at 3,065,565, with C's price up by 0. ...

An index of bank stocks rose 8.5% early Wednesday after Donald Trump won his bid to return to the White House.

While a rise in souring credit-card loans weighed on profits during the period, Citigroup’s four other main businesses — services, banking, wealth and US personal banking — also saw revenue ...

(Reuters) -Citigroup posted a smaller-than-expected ... buoyed by 8% growth in credit card revenue to $2.7 billion. Meanwhile, retail banking revenues fell 8%, and in the retail services arm ...