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01 Apr, 2020
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Citi Beats on Third-Quarter Financial Results
On Thursday, Citigroup Inc (NYSE: C) announced its financial results for the third quarter of 2017. Both earnings and revenue beat previous estimates.According to the company, revenue increased 2% from $17.8 billion for the same period last year to ..
CEO exit cramps SoFi plans for Banking Operations
Social Finance Inc was all set to make waves in the financial services segment and then its CEO Mike Cagney stepped down from his post. It was expected that the company would soon become a significant lender right until the time when Cagney decided ..
Vantiv Acquired Worldpay for $10 billion
Vantiv Inc. (NYSE: VNTV), a U.S. credit card company, has sealed a $10.4 billion merger with the biggest U.K. payment processing company, Worldpay Group. Vantiv announced its first interest in purchasing Worldpay back in July.Worldpay said that for ..
Shares Pull Up In Financial Sector
Wednesday was a good day for the financial sector as markets pulled for stocks here, indicating favorable investors sentiment. The SP 500 touched its largest single- day gain over a period of two months on Wednesday and the NASDAQ matched pace by po..
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