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Citigroup Inc (C.N)

C.N on New York Stock Exchange

74.79USD
20 Sep 2018
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$1.07 (+1.45%)
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Latest Key Developments (Source: Significant Developments)

Citigroup Announces Redemption Of Series C Preferred Stock
Thursday, 20 Sep 2018 

Sept 20 (Reuters) - Citigroup Inc ::CITIGROUP ANNOUNCES REDEMPTION OF SERIES C PREFERRED STOCK.CITIGROUP - IS REDEEMING 575.0 MILLION LIQUIDATION PREFERENCE OF DEPOSITARY SHARES REPRESENTING INTERESTS IN 5.80% NONCUMULATIVE PREFERRED STOCK, SERIES C.  Full Article

Citigroup Reports Credit Card Charge-Offs 2.56 Pct In August - SEC Filing
Monday, 17 Sep 2018 

Sept 17 (Reuters) - Citigroup Inc ::CITIGROUP INC - CREDIT CARD CHARGE-OFFS 2.56 PERCENT IN AUGUST VERSUS 2.66 PERCENT IN JULY - SEC FILING.CITIGROUP INC - CREDIT CARD DELINQUENCY RATE 1.49 PERCENT AT AUGUST END VERSUS 1.47 PERCENT AT JULY END.  Full Article

U.S. SEC Says Charged Citigroup For Dark Pool Misrepresentations
Friday, 14 Sep 2018 

Sept 14 (Reuters) - Citigroup Inc ::SEC SAYS CHARGES CITIGROUP FOR DARK POOL MISREPRESENTATIONS.SEC SAYS CITIGROUP AND AFFILIATE ORDERED TO PAY MORE THAN $12 MILLION IN DISGORGEMENT AND PENALTIES.SEC SAYS ENTERED AN ORDER FINDING THAT CITIGROUP GLOBAL MARKETS INC. MISLED USERS OF A DARK POOL OPERATED BY ONE OF ITS AFFILIATES.SEC SAYS SEC’S ORDER FOUND CITIGROUP VIOLATED AN ANTIFRAUD PROVISION OF FEDERAL SECURITIES LAWS AND THAT CORE VIOLATED A REGISTRATION PROVISION.SEC SAYS CITIGROUP WILL PAY DISGORGEMENT AND PREJUDGMENT INTEREST TOTALING $5.4 MILLION AND PENALTY OF $6.5 MILLION; CORE WILL PAY A PENALTY OF $1 MILLION.  Full Article

Citi buys Israeli government stake in Bank Leumi
Tuesday, 4 Sep 2018 

Sept 4 (Reuters) - Citigroup Inc ::CITI WINS TENDER TO BUY ISRAELI GOVERNMENT'S 5.73 PERCENT STAKE IN BANK LEUMI -ISRAEL FINANCE MINISTRY.  Full Article

Citi Retail Services Signs Agreement With Caterpillar Financial
Thursday, 16 Aug 2018 

Aug 16 (Reuters) - Citigroup Inc ::CITI RETAIL SERVICES SIGNS AGREEMENT WITH CATERPILLAR FINANCIAL TO PROVIDE COMMERCIAL AND CONSUMER CARD SERVICES.CITI RETAIL SERVICES - NEW CAT CARD PROGRAM WILL OFFER BOTH COMMERCIAL AND CONSUMER FINANCING OPTIONS.  Full Article

Citigroup Says Credit Card Charge-Offs 2.66 Pct In July Versus 2.60 Pct In June
Wednesday, 15 Aug 2018 

Aug 15 (Reuters) - Citigroup Inc ::CITIGROUP INC - CREDIT CARD DELINQUENCY RATE 1.47 PERCENT AT JULY END VERSUS 1.48 PERCENT AT JUNE END.CITIGROUP INC - CREDIT CARD CHARGE-OFFS 2.66 PERCENT IN JULY VERSUS 2.60 PERCENT IN JUNE - SEC FILING.  Full Article

Citigroup Sets Quarterly Dividend Of $0.45Per Share
Friday, 20 Jul 2018 

July 20 (Reuters) - Citigroup Inc ::SETS QUARTERLY DIVIDEND OF $0.45PER SHARE.  Full Article

Citigroup Reports Q2 Earnings Per Share Of $1.63
Friday, 13 Jul 2018 

July 13 (Reuters) - Citigroup Inc ::‍​QTRLY EARNINGS PER SHARE $1.63.‍​QTRLY CITIGROUP REVENUES $18.47 BILLION VERSUS $18.16 BILLION.QUARTER-END COMMON EQUITY TIER 1 CAPITAL RATIO OF 12.1 PERCENT VERSUS 12.1 PERCENT AT Q1-END.‍​QUARTER-END SUPPLEMENTARY LEVERAGE RATIO 6.6 PERCENT VERSUS 6.7 PERCENT AT Q1-END.QUARTERLY CITIGROUP OPERATING EXPENSES $10.71 BILLION VERSUS $10.76 BILLION.QUARTERLY CITIGROUP NET CREDIT LOSSES $1.70 BILLION VERSUS $1.71 BILLION.QUARTER-END TANGIBLE BOOK VALUE PER SHARE $61.29 VERSUS $61.02 AT Q1-END.SAYS DELIVERED EFFICIENCY RATIO OF 58 PERCENT, ROA OF 94 BPS AND ROTCE OF 10.8 PERCENT IN Q2.Q2 EARNINGS PER SHARE VIEW $1.56, REVENUE VIEW $18.51 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Citigroup Reports 2 Pct Rise in Q2 GCB Revenue
Friday, 13 Jul 2018 

July 13 (Reuters) - Citigroup Inc ::CITIGROUP REPORTS SECOND QUARTER 2018 FINANCIAL RESULTS.QTRLY GCB REVENUES OF $8.3 BILLION INCREASED 2%.ALLOWANCE FOR LOAN LOSSES WAS $12.1 BILLION AT QUARTER END, OR 1.81% OF TOTAL LOANS, COMPARED TO $12.0 BILLION, OR 1.88% OF TOTAL LOANS.FIXED INCOME MARKETS REVENUES OF $3.1 BILLION IN Q2 2018 DECREASED 6%.QTRLY ICG REVENUES OF $9.7 BILLION INCREASED 3%.QTRLY EQUITY MARKETS REVENUES OF $864 MILLION INCREASED 19%.  Full Article

Citi And American Airlines Introduce No-Annual-Fee Aadvantage Mileup Card
Wednesday, 11 Jul 2018 

July 11 (Reuters) - Citigroup Inc ::CITI AND AMERICAN AIRLINES OFFER EASY WAYS TO EARN MILES WITH NEW NO-ANNUAL-FEE AADVANTAGE MILEUP℠ CARD.  Full Article

MOVES-Technology investment bank Qatalyst hires Zweig from JPMorgan

Sept 20 Technology-focused investment bank Qatalyst Partners has hired Ethan Zweig, a JPMorgan Chase & Co managing director, to join its San Francisco-based banking team.