{"id":36739,"date":"2023-07-17T10:16:48","date_gmt":"2023-07-17T14:16:48","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/citigroup-earnings-a-mixed-bag-as-earnings-up-deals-down\/"},"modified":"2023-07-17T10:16:50","modified_gmt":"2023-07-17T14:16:50","slug":"citigroup-earnings-a-mixed-bag-as-earnings-up-deals-down","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=36739","title":{"rendered":"Citigroup Earnings A Mixed Bag As Earnings Up, Deals Down"},"content":{"rendered":"<div>\n<h2 class=\"subhead-embed color-accent bg-base font-accent font-size text-align\">Key Takeaways<\/h2>\n<ul>\n<li>Citigroup announced a mixed bag of results for its second quarter, with revenue only just surpassing predictions and earnings per share falling<\/li>\n<li>JPMorgan and Wells Fargo fared better, with revenue and profits beating expectations<\/li>\n<li>Citigroup shares declined 4% at the news, wiping out the stock\u2019s 2023 gains<\/li>\n<\/ul>\n<p>It\u2019s earnings report season again, and Friday brought us three of the major U.S. banks\u2019 results &#8211; Citigroup, JPMorgan and Wells Fargo. Deal-making continues to plague the sector\u2019s profitability as the global decline in M&amp;A activity drags on, but retail divisions have enjoyed a boost thanks to increased interest rates on loans.<\/p>\n<p>The banking sector has left its springtime woes behind it, but Wall Street remains watchful for any cracks in the facade as bankers wait for the institutional side of their businesses to pick up once more. Here\u2019s the latest.<\/p>\n<p><em>Even with deals on the rocks, banks have had an easier ride thanks to increased inflation-driven interest rates. You can take advantage of inflation for your portfolio with Q.ai\u2019s <\/em><em data-ga-track=\"ExternalLink:https:\/\/learn.tryq.ai\/blog\/inflation-kit?utm_campaign=Forbes&amp;utm_medium=article&amp;utm_source=Forbes\">Inflation Protection Kit<\/em><em>. It includes inflation-toppling assets like TIPS, precious metals and commodities to help protect your investments from higher inflation.<\/em><\/p>\n<p><fbs-ad position=\"inread\" progressive=\"\" ad-id=\"article-0-inread\" aria-hidden=\"true\" role=\"presentation\"><\/fbs-ad><\/p>\n<p><em>It\u2019s all powered by a nifty AI algorithm, which does the heavy lifting with the data, predicts where the upside is and then rearranges the Kit\u2019s investments accordingly to help you build wealth.<\/em><\/p>\n<p>Download Q.ai today<em> for access to AI-powered investment strategies.<\/em><\/p>\n<h2 class=\"subhead-embed color-accent bg-base font-accent font-size text-align\">What happened with Citi\u2019s earnings report?<\/h2>\n<p>Citigroup\u2019s revenue just squeaked past expectations, coming in at $19.44 billion versus a predicted $19.28 billion result. It\u2019s a 1% decrease from the same time last year when revenue came in at $19.6 billion. The bank\u2019s net interest income also surged by 19% to hit $13.9 billion, as banks have enjoyed additional income from higher interest rates on lending to customers.<\/p>\n<p>But it wasn\u2019t all sunshine and roses. Citigroup\u2019s earnings per share declined by 3.32%, with Citi reporting $1.33 compared to the expected $1.38. It\u2019s far from the previous quarter, where Citi\u2019s EPS smashed predictions by nearly 29%. As for deal-making, the report showed a continued slowdown. Citigroup\u2019s institutional clients&#8217; revenue dropped 9% from the same period last year.<\/p>\n<p>Citigroup\u2019s latest report also revealed it\u2019s bracing for a credit crunch. The bank has further bolstered its reserves for defaults and bad loans by $320 million, while net charge-offs soared by 77% compared to last year\u2019s period, reaching $1.5 billion.<\/p>\n<p>The icing on the cake was a net income result of $2.9 billion for the second quarter, which is a 36% decline from the previous year\u2019s period. Citigroup blamed higher expenses, borrowing being more expensive and lower revenues as the primary causes.<\/p>\n<p>Jane Fraser, CEO of Citigroup, acknowledged the troubled times ahead for consumers but stressed that another banking crisis, as we saw in March, isn\u2019t on the horizon. \u201cAmid a challenging macroeconomic backdrop, we continued to see the benefits of our diversified business model and strong balance sheet,\u201d she said.<\/p>\n<h2 class=\"subhead-embed color-accent bg-base font-accent font-size text-align\">How does it compare to other banks?<\/h2>\n<p>Citigroup wasn\u2019t the only banking heavyweight to release its earnings report. JPMorgan was triumphant on many fronts, with a 44% net interest income increase to hit $21.9 billion and a 67% soar in profit for the second quarter, reaching $14.5 billion.<\/p>\n<p>This amounted to a 34% increase in revenue, soaring to $41.3 billion. As expected, it was JPMorgan\u2019s retail division that was the driving force behind the increased figures, but the bank hasn\u2019t been hampered by its takeover of doomed regional bank First Republic.<\/p>\n<p>Wells Fargo also enjoyed a helping hand from interest rate boosts, but loans were slightly down. Net interest income arrived at $13.2 billion for the second quarter, with earnings per share at $1.25 based on a revenue figure of $20.5 billion. Loans were at $945.9 billion, missing analysts&#8217; anticipated $949.4 billion figure.<\/p>\n<p>Wells Fargo\u2019s CEO, Charlie Scharf, specifically referenced the U.S. commercial property market\u2019s perceived weakness, with the bank setting aside $949 million in Q2 to cover bad loans. \u201cWhile we haven\u2019t seen significant losses in our office portfolio to date, we are reserving for the weakness that we expect to play out in that market over time\u201d, he said.<\/p>\n<p>We expect to hear from Goldman Sachs and Morgan Stanley later this week.<\/p>\n<h2 class=\"subhead-embed color-accent bg-base font-accent font-size text-align\">The market reaction<\/h2>\n<p>Even though revenue targets beat expectations, Wall Street had enough concern for Citigroup\u2019s shares to slide 4% on Friday at the news and wipe out the stock\u2019s gains so far this year, leaving Citi shares up just 0.07% since 2023.<\/p>\n<p>In comparison, JPMorgan shares rose 0.9% thanks to its earnings, revenue and profit margin increases, beating Wall Street expectations. Wells Fargo saw a 0.3% decline even after posting higher earnings and revenue than anticipated. The SPDR S&amp;P Bank ETF is now down 16% from the start of the year.<\/p>\n<p>Overall these are pretty harsh market assessments from traders, which indicates continued unease from investors over the banking sector, but probably isn\u2019t helped by overly cautious CEO statements, the fallout from the debt-ceiling crisis and the continued deals drought.<\/p>\n<h2 class=\"subhead-embed color-accent bg-base font-accent font-size text-align\">When could the deals drought end?<\/h2>\n<p>The major banks rely on two sources of income: consumers, also known as the average American who needs a loan or a bank account, and institutional clients, also known as companies looking to merge or float on the stock market. And right now, it\u2019s not getting a lot of the latter.<\/p>\n<p>PwC\u2019s half-year report on M&amp;A activity revealed an 8% decline in deal-making activity from 2022\u2019s levels, which were already way down from the 2021 peak, while the amount of \u2018mega deals\u2019 over $1 billion has declined by a massive 58% since the record M&amp;A season. Fraser said it best in Citigroup\u2019s press statement: \u201cThe long-awaited rebound in investment banking has yet to materialize, making for a disappointing quarter\u201d.<\/p>\n<p>That being said, there\u2019s hope on the horizon. The Fed may be looking to pause or even reverse interest rate hikes in the next few months, given inflation is falling and the jobs market, which has been a thorn in the side of battling high inflation, is finally weakening. A cut in interest rates could give the deals market fresh life and revive the banks\u2019 ailing M&amp;A divisions.<\/p>\n<h2 class=\"subhead-embed color-accent bg-base font-accent font-size text-align\">The bottom line<\/h2>\n<p>Citigroup\u2019s earnings were more of a mixed bag than its peers, JPMorgan and Wells Fargo, but there were no major surprises. In all likelihood, the market reaction was a little harsh, given the banking system does seem to be holding steady again. From Wall Street\u2019s point of view, they\u2019re not taking any chances.<\/p>\n<p>Still, the banks can\u2019t rest on their laurels. They might all be waiting with bated breath for when the next big deals are coming down the pipeline, but the global economy isn\u2019t looking too hot &#8211; even if the U.S. is doing a good job of fighting rampant inflation. Those reliant on deals may have a difficult few months ahead until the storm clears.<\/p>\n<p><em>With Q.ai&#8217;s <\/em><em data-ga-track=\"ExternalLink:https:\/\/learn.tryq.ai\/blog\/inflation-kit?utm_campaign=Forbes&amp;utm_medium=article&amp;utm_source=Forbes\">Inflation Protection Kit<\/em><em>, you can turn inflation in your favor. This Kit&#8217;s got your back with inflation-slashing assets like TIPS, precious metals and commodities to keep your investments safe from inflation&#8217;s bite.<\/em><\/p>\n<p><em>A slick AI algorithm is the secret sauce that helps safeguard your investment; sift through the data to determine which assets are performing well and then adjust the Kit as needed. Pretty handy, if we do say so ourselves &#8211; and your portfolio will thank you for it.<\/em><\/p>\n<p>Download Q.ai today<em> for access to AI-powered investment strategies.<\/em><\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.forbes.com\/sites\/qai\/2023\/07\/17\/citigroup-earnings-a-mixed-bag-as-earnings-up-deals-down\/\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Citigroup announced a mixed bag of results for its second quarter, with revenue only just surpassing predictions and earnings per share falling JPMorgan and Wells Fargo fared better, with revenue and profits beating expectations Citigroup shares declined 4% at the news, wiping out the stock\u2019s 2023 gains It\u2019s earnings report season again, and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":36740,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[241],"tags":[83],"class_list":["post-36739","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-markets","tag-featured"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Citigroup Earnings A Mixed Bag As Earnings Up, Deals Down | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Key Takeaways Citigroup announced a mixed bag of results for its second quarter, with revenue only just surpassing predictions and earnings per share\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=36739\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Citigroup Earnings A Mixed Bag As Earnings Up, Deals Down | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"Key Takeaways Citigroup announced a mixed bag of results for its second quarter, with revenue only just surpassing predictions and earnings per share\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ifintechworld.com\/?p=36739\" \/>\n<meta property=\"og:site_name\" content=\"iFintechWorld\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-17T14:16:48+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-17T14:16:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/07\/1689603408_0x0.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"767\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ifintechworld.com\/?p=36739#article\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=36739\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\"},\"headline\":\"Citigroup Earnings A Mixed Bag As Earnings Up, Deals Down\",\"datePublished\":\"2023-07-17T14:16:48+00:00\",\"dateModified\":\"2023-07-17T14:16:50+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=36739\"},\"wordCount\":1271,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"keywords\":[\"Featured\"],\"articleSection\":[\"Markets\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ifintechworld.com\/?p=36739#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ifintechworld.com\/?p=36739\",\"url\":\"https:\/\/ifintechworld.com\/?p=36739\",\"name\":\"Citigroup Earnings A Mixed Bag As Earnings Up, Deals Down | iFintechWorld\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/#website\"},\"datePublished\":\"2023-07-17T14:16:48+00:00\",\"dateModified\":\"2023-07-17T14:16:50+00:00\",\"description\":\"Key Takeaways Citigroup announced a mixed bag of results for its second quarter, with revenue only just surpassing predictions and earnings per share\",\"breadcrumb\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=36739#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ifintechworld.com\/?p=36739\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ifintechworld.com\/?p=36739#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ifintechworld.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Citigroup Earnings A Mixed Bag As Earnings Up, Deals Down\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ifintechworld.com\/#website\",\"url\":\"https:\/\/ifintechworld.com\/\",\"name\":\"Repay Down\",\"description\":\"Latest Personal Finance News, Tips and Updates\",\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ifintechworld.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ifintechworld.com\/#organization\",\"name\":\"Repay Down\",\"url\":\"https:\/\/ifintechworld.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"width\":558,\"height\":90,\"caption\":\"Repay Down\"},\"image\":{\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/ifintechworld.com\"],\"url\":\"https:\/\/ifintechworld.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Citigroup Earnings A Mixed Bag As Earnings Up, Deals Down | iFintechWorld","description":"Key Takeaways Citigroup announced a mixed bag of results for its second quarter, with revenue only just surpassing predictions and earnings per share","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ifintechworld.com\/?p=36739","og_locale":"en_US","og_type":"article","og_title":"Citigroup Earnings A Mixed Bag As Earnings Up, Deals Down | iFintechWorld","og_description":"Key Takeaways Citigroup announced a mixed bag of results for its second quarter, with revenue only just surpassing predictions and earnings per share","og_url":"https:\/\/ifintechworld.com\/?p=36739","og_site_name":"iFintechWorld","article_published_time":"2023-07-17T14:16:48+00:00","article_modified_time":"2023-07-17T14:16:50+00:00","og_image":[{"width":1200,"height":767,"url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/07\/1689603408_0x0.jpg","type":"image\/jpeg"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ifintechworld.com\/?p=36739#article","isPartOf":{"@id":"https:\/\/ifintechworld.com\/?p=36739"},"author":{"name":"News Room","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61"},"headline":"Citigroup Earnings A Mixed Bag As Earnings Up, Deals Down","datePublished":"2023-07-17T14:16:48+00:00","dateModified":"2023-07-17T14:16:50+00:00","mainEntityOfPage":{"@id":"https:\/\/ifintechworld.com\/?p=36739"},"wordCount":1271,"commentCount":0,"publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"keywords":["Featured"],"articleSection":["Markets"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ifintechworld.com\/?p=36739#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ifintechworld.com\/?p=36739","url":"https:\/\/ifintechworld.com\/?p=36739","name":"Citigroup Earnings A Mixed Bag As Earnings Up, Deals Down | iFintechWorld","isPartOf":{"@id":"https:\/\/ifintechworld.com\/#website"},"datePublished":"2023-07-17T14:16:48+00:00","dateModified":"2023-07-17T14:16:50+00:00","description":"Key Takeaways Citigroup announced a mixed bag of results for its second quarter, with revenue only just surpassing predictions and earnings per share","breadcrumb":{"@id":"https:\/\/ifintechworld.com\/?p=36739#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ifintechworld.com\/?p=36739"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ifintechworld.com\/?p=36739#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ifintechworld.com\/"},{"@type":"ListItem","position":2,"name":"Citigroup Earnings A Mixed Bag As Earnings Up, Deals Down"}]},{"@type":"WebSite","@id":"https:\/\/ifintechworld.com\/#website","url":"https:\/\/ifintechworld.com\/","name":"Repay Down","description":"Latest Personal Finance News, Tips and Updates","publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ifintechworld.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ifintechworld.com\/#organization","name":"Repay Down","url":"https:\/\/ifintechworld.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","width":558,"height":90,"caption":"Repay Down"},"image":{"@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","caption":"News Room"},"sameAs":["https:\/\/ifintechworld.com"],"url":"https:\/\/ifintechworld.com\/?author=1"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/36739","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=36739"}],"version-history":[{"count":1,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/36739\/revisions"}],"predecessor-version":[{"id":36741,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/36739\/revisions\/36741"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/media\/36740"}],"wp:attachment":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=36739"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=36739"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=36739"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}