Citi stock jumps on consent-order optimism — what to watch when Wall Street reopens
Citigroup shares rose nearly 6% to $122.69 Friday, outpacing other major banks. A Reuters report said Citi executives are increasingly confident they can finish consent-order compliance work this year, though regulators must still approve. The stock is about 1% below its 52-week high. Investors await Citi’s conference appearances and key U.S. economic data next week.