Jane Fraser

Citigroup (C) earnings Q4 2024 beat

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Citigroup shares jumped Wednesday after fourth-quarter earnings beat estimates on the top and bottom lines, reflecting broad strength across the bank. “2024 was a critical year and our results show our strategy is delivering as intended and driving stronger performance in our businesses. Our net income was up nearly 40% to $12.7 billion and we … Read more

China ramps up Wall Street meetings as Trump inauguration looms

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Chinese Vice Premier He Lifeng has met with several U.S. finance executives in the last month as Beijing seeks to build relationships ahead of President-elect Donald Trump’s planned tariffs on China. He Lifeng is one of China’s four vice premiers, and heads the ruling Chinese Communist Party’s economic and finance committee. He met with BlackRock … Read more