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Citigroup is considering acquiring a major U.S. regional bank or a brokerage, Bloomberg reported Friday (March 27), citing unnamed sources and adding that Citigroup said the report was “baseless speculation.

Citigroup's top executives are ​weighing buying a U.S. regional ‌bank, Bloomberg News reported on Friday, as the Wall Street ​giant looks to wrap ​up a years-long effort to streamline ⁠its sprawling operations.

Sen. Tim Scott, R-S.C., discusses Coinbase's opposition to the CLARITY Act, crypto regulation and DHS funding on 'Mornings with Maria.

NEW YORK--(BUSINESS WIRE)--Citibank, N.A. is announcing the redemption, in whole, constituting $2,000,000,000 of its 5.438% Notes due 2026 (the “fixed rate notes”) (ISIN: US17325FBF45) and $1,000,000,000 of its Floating Rate Notes due 2026 (the “floating rate notes” and together with the fixed rate notes, the “notes”) (ISIN: US17325FBE79).

Can PNC stand out as the better buy, driven by solid U.S. banking operations and expansion efforts despite C's restructuring push? Let us find out.

Relaxed capital requirements will give the banks more capital to lend and generate profits. Banks may also use some of the additional capital to buy back shares and issue dividends.

Citi said on Tuesday it has appointed Eric Farina and ​Rob Cascarino as co-heads of the ‌Infrastructure Financing & Capital Solutions Group (IFCS).