Charles Scharf, chief executive officer of Wells Fargo & Co., and Jane Fraser, chief executive officer of Citigroup Inc. Caroline Brehman | Qilai Shen | Bloomberg | Getty Images Walk the halls of any major banking conference or listen in on a quarterly earnings call, and one topic keeps coming up: With the window for…
Kevin Warsh, chairman of the US Federal Reserve nominee for US President Donald Trump, is sworn in during a Senate Banking, Housing, and Urban Affairs Committee confirmation hearing in Washington, DC, US, on Tuesday, April 21, 2026. Graeme Sloan | Bloomberg | Getty Images It’s officially “Chairman” Kevin Warsh, not “chair.” The Federal Reserve website…
Citigroup on Wednesday posted fourth quarter results that topped expectations as the lender reaped more interest income and set aside less money for troubled loans than analysts had expected. Here’s what the company reported: Adjusted earnings: $1.81 a share vs. $1.67 LSEG estimate Adjusted revenue: $21.0 billion vs. expected $20.72 billion The company said net…
