Prepare for the Post Pax-Americana era, says Citi

Citi Brushes Off Concerns Over Its Exposure to Global Trade War

Citigroup Inc.’s global footprint positions the bank to benefit as clients tap its money-moving operations to shore up their finances during an emerging trade war, the company’s leaders said.

Citi, Bank of America post higher profits as traders cash in on tariff turmoil

Two of the biggest US banks, Citigroup and Bank of America, notched better-than-expected profits in the first three months of this year as traders raked in higher revenues amid President Donald Trump's threat to start a global trade war.

Prepare for the Post Pax-Americana era, says Citi

Bank of America, Citi warn of mortgage business softening

Bank of America (BofA) and Citi reported declining mortgage production in the first quarter of 2025 compared to the previous quarter, following similar results from peers Wells Fargo and JPMorgan Chase last week. Mortgage volumes at BofA and Citi, which were attributed to seasonal trends and rising interest rates, are expected to remain challenged in the coming quarters due to ongoing trade tensions and broader macroeconomic uncertainty. Bank of…

'A port in the storm': Why Citi isn't afraid of tariffs

CEO Jane Fraser said Tuesday that the bank is positioned well to handle shakiness in the global market, and is still working on its years-long overhaul.

Summary: Bank of America recorded a net profit of $7.4 billion in Q1 2025, up 11% over one year Profit per share reached $0.90, up 18% over Q1 2024 Total revenues increased by 6% to $27.4 billion Efficiency ratio improved to 65% compared to 67% a year earlier Bank maintains a solid CET1 capital ratio of 11.8%, well above the regulatory minimum Action Bank of AmericaStockSymbolPrice52 Week RangeDividend RateDividend YieldIndustryEPSSharesLast Upd…