Citigroup vs. Bank of America: Which Stock Has More Upside Potential?

When it comes to banking giants, Bank of America (BAC) and Citigroup (C) are often talked about. Both operate across consumer, corporate and investment banking sectors, and are currently navigating similar macroeconomic challenges.The performances of BAC and C are highly influenced by the Federal Reserve’s monetary policy. As the central bank lowered rates last year, both banks benefited from that as funding costs came down. Now, with the central bank adopting a cautious approach toward rate cuts because of ...