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At Citigroup so much is new. Citigroup has succeeded under Chief Executive Jane Fraser in resetting the bar for itself. Citigroup today trades at a roughly 30% premium to tangible book value, recently hitting its highest level since 2008, according to FactSet data.

Financial stocks fell in late Thursday afternoon trading with the NYSE Financial Index down 0.7% and

Citigroup boosted a closely watched profitability target and outlined new growth plans for its business lines as executives held its first firmwide investor day in four years on Thursday. The announcement initially appeared to underwhelm investors, with shares of Citi falling as much as 4% in premarket trading before reversing course and outperforming the broader market by midday. Citi’s stock rose 1.8% in afternoon trading while the fell 0.4%.

Saudi Arabia's sovereign wealth fund sees strong demand as Gulf public debt markets begin reopening after Iran conflict disruption.

Financial stocks fell in Thursday afternoon trading with the NYSE Financial Index down 0.8% and the

Chief Executive Jane Fraser says at the bank’s first investor day in four years that Citi has “rebuilt the engine.”

Citigroup unveiled modest new performance targets ahead of an investor day at which the bank’s executives sought to persuade shareholders that...

The Dow Jones Industrial Average was down, while the S&P 500 Index and the Nasdaq Composite were up

The megabank's first investor day in four years offered a comprehensive look at how it plans to grow profits and drive higher returns in the coming years. Part of the strategy involves branch updates.

Citigroup issued new guidance showing it would take the lender more time to catch up to Wall Street peers than some investors hoped for. Sridhar Natarajan reports on Bloomberg Television.

Don't forget the risks if we get fewer earnings reports.