BofA analyst raised price target for Citi, while CEO Jane Fraser announced major leadership and restructuring changes at the company.
3 reports, 2 independent
Updated Aug 19
Gone quiet
- Reports
- 3
- Developments
- 1
- Repetition
- 67%
New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
BofA analyst raised price target for Citi, while CEO Jane Fraser announced major leadership and restructuring changes at the company.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Citigroup
American investment bank and financial services corporation
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Bank of America
American multinational banking and financial services corporation
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Jane Fraser
British-American banking executive, Chief Executive Officer of Citi
Nothing else this week.
Related events
- Analysts are comparing Citigroup's restructuring efforts to those of Wells Fargo.
- Bank of America reported underperformance in earnings and failed to report suspicious transactions.
- Bank of America, Truist Financial, and Citigroup have raised price targets and reiterated buy ratings for Sonoco Products.
- Citibank is based in New York City, led by CEO Jane Fraser, and its retail banking operations are overseen by Kate Luft, with products like Citigold.
- Bank of America analysts visited Walmart and Target stores in Nashville to observe corporate strategies.
Coverage
Newest first; wire copies grouped- thebanker.com
- cnbc.com
- Unknown outlet