Citi Profit Beats as Companies, Consumers Go on Borrowing Binge

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 50%

Business News News

Business Business Latest News,Business Business Headlines

Citigroup Inc.’s profit topped analysts’ estimates as corporations tapped markets for financing and consumers leaned on credit cards — signs that a prolonged period of elevated interest rates will benefit big banks.

Citi Profit Beats as Companies, Consumers Go on Borrowing BingeWells Fargo Sees NII Drop as Pressure From Depositors MountsNorway Wealth Fund’s Bid to Add Private Equity Goes to CommitteeUkraine Appoints Zelenskiy Ally as First Deputy Foreign MinisterRenewcell’s Plan to Fix Fashion’s Waste Problem Ended in BankruptcyChina Vows to Tighten Stock Market Supervision to Control RisksJPMorgan Shares Fall After NII Miss, Higher Expense GuidanceTCS Profit Rises on Contract Wins for Cloud, IT...

inflation heats upThe Daily Chase: Tilray and BlackBerry heading in opposite directionsAccountant shortage weighing heavy on Canadian companies during tax season: surveyUkraine Appoints Zelenskiy Ally as First Deputy Foreign MinisterSwiss Activists Get Enough Signatures for Vote on NeutralityZimbabwe’s Central Bank Chief Sees Deflation Risk From Strong ZiGPeru Unexpectedly Cuts Interest Rate as Inflation Nears Target BandAlberta Premier Danielle Smith appears in Ottawa after attacking federal...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 83. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Companies are getting back control of their companiesCompanies are getting bolder in their battles to beat back proposals requiring them to disclose more about everything from environmental policies to AI.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »