Morgan Stanley raised the firm’s price target on Citi (C) to $109 from $104 and keeps an Overweight rating on the shares. Citi delivered a
With top U.S. banks scheduled to commence their fourth-quarter earnings next week, Morgan Stanley has named Citi its top pick among large-cap banks. Shares of the lender traded over 1.6% on Tuesday afternoon.
While Citi, BofA and Goldman touted their biggest cohorts of managing directors in years, Morgan Stanley elevated greater numbers in 2022 and 2023. But the banks appear in lock-step on other value markers.
Follow live coverage and analysis of earnings from Wells Fargo, JPMorgan Chase, Citigroup, Goldman Sachs, Bank of America, Morgan Stanley, and BlackRock.
These 173 leaders will help steer the firm as Wall Street readies for a potential flood of dealmaking, from M&A to IPOs.
Among the S&P 500’s eleven sectors, Financials are expected to report the highest year-over-year earnings growth at nearly 40 percent, according to FactSet. Banks make up so much of that gain that if they were excluded from the sector, that figure would fall to 11 percent.
From Goldman Sachs to Morgan Stanley, the largest banks in the U.S. announced departures from an international climate group in recent weeks.
There were massive winners and massive losers on the ASX in 2024. We bring you 2025 outlooks from three major brokers: Buy, hold or sell?
By Nivedita Balu TORONTO (Reuters) -TD Bank, Bank of Montreal and National Bank of Canada said on Friday they were withdrawing from the Net-Zero Banking Alliance, joining the big-six U.S. banks in
Bank of Montreal said on Friday it was withdrawing from the Net-Zero Banking Alliance (NZBA), making it the first Canadian lender to quit one of the world's top
In addition to donating millions to Trump’s inauguration, many company heads are adopting the President-elect’s hard-edged, even vindictive vibe in announcing changes in their business.