Citigroup Aktie News

Trump called for the one-year cap on credit card interest rates on Friday night, but it was not immediately clear how he could enact this policy. “Please be informed that we will no longer let the American Public be ‘ripped off' by Credit Card Companies that are charging Interest Rates of 20 to 30%,” he wrote in a post on Truth Social, framing the policy as a way to address affordability—an iss...

U.S. banks are entering the new year on solid footing after a strong 2025, and analysts say that momentum should continue, barring any unforeseen shocks.

A number of banking and financial stocks slumped Monday morning after President Donald Trump over the weekend suggested capping credit card interest rates.

The U.S. Supreme Court declined on Monday to hear Citigroup's bid to avoid a lawsuit accusing the bank of causing more than $1 billion of losses by orchestrating a vast fraud at the bankrupt Mexican oil and gas services company Oceanografia.

Citigroup is one of the largest, best-known banks in the U.S. The stock has risen dramatically during the past year, up 65% compared to a gain of 15% for the average bank. Citigroup is no longer the value opportunity it was before the rally began.

While it's not clear how Trump may enact his plan, the stocks were getting hit badly in premarket trading Monday.

Financial services stocks including Citi Group, JPMorgan Chase and Bank of America slid in premarket trading on Monday. It follows U.S. President Donald Trump's call for a one-year cap on credit card interest rates at 10%.

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