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Citigroup Inc (C.N)

C.N on New York Stock Exchange

76.39USD
13 Dec 2019
Change (% chg)

$-0.66 (-0.86%)
Prev Close
$77.05
Open
$77.05
Day's High
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$76.07
Volume
4,514,468
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4,379,088
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$77.82
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$48.43

Latest Key Developments (Source: Significant Developments)

Citigroup Inc Says It Made A One-Time Incentive Award To President Of Citi And CEO Of Global Consumer Banking
Thursday, 28 Nov 2019 

Nov 27 (Reuters) - Citigroup Inc ::CITIGROUP INC - CO MADE A ONE-TIME INCENTIVE AWARD TO JANE FRASER, PRESIDENT OF CITI AND CEO OF GLOBAL CONSUMER BANKING.CITIGROUP - $12.5 MILLION AWARD TO JANE FRASER IS SCHEDULED TO VEST AND BE SETTLED IN FOUR EQUAL INSTALLMENTS.CITIGROUP - AWARD TERMS ARE MORE RESTRICTIVE THAN TERMS OF DEFERRED PORTIONS OF CITI'S REGULAR INCENTIVE AWARDS DELIVERED TO SENIOR EXECUTIVES.  Full Article

Citigroup Inc - Launched A New Cross-Border Platform
Wednesday, 20 Nov 2019 

Citigroup Inc ::CITIGROUP INC - LAUNCHED A NEW CROSS-BORDER PLATFORM.CITIGROUP INC - NEW PLATFORM IS CALLED CITI GLOBAL COLLECT.  Full Article

Alliance Data Names Ralph Andretta As New President And CEO
Tuesday, 19 Nov 2019 

Nov 18 (Reuters) - Alliance Data Systems Corp ::ALLIANCE DATA NAMES NEW PRESIDENT AND CEO.ALLIANCE DATA SYSTEMS CORP - ALLIANCE DATA VICE CHAIRMAN CHARLES HORN TO SERVE AS ACTING CEO DURING INTERIM PERIOD.ALLIANCE DATA SYSTEMS CORP - RALPH ANDRETTA WILL JOIN COMPANY AS PRESIDENT AND CEO EFFECTIVE EARLY FEBRUARY 2020.ALLIANCE DATA SYSTEMS CORP - PREVIOUSLY ANNOUNCED GUIDANCE AFFIRMED.ALLIANCE DATA SYSTEMS CORP - ANDRETTA SUCCEEDS MELISA MILLER.ALLIANCE DATA SYSTEMS - ANDRETTA JOINS ALLIANCE DATA FROM CITIGROUP, WHERE HE RECENTLY SERVED AS MANAGING DIRECTOR AND HEAD OF ITS U.S. CARDS BUSINESS.  Full Article

Google Plans To Partner With Banks To Offer Checking Accounts To Consumers - WSJ
Wednesday, 13 Nov 2019 

Nov 13 (Reuters) - :GOOGLE PLANS TO PARTNER WITH BANKS TO OFFER CHECKING ACCOUNTS TO CONSUMERS - WSJ.GOOGLE'S PROJECT, CODE-NAMED CACHE, IS EXPECTED TO LAUNCH NEXT YEAR WITH ACCOUNTS RUN BY CITIGROUP AND A CREDIT UNION AT STANFORD UNIVERSITY- WSJ.  Full Article

Citigroup Inc Says Unit Entered Letter Agreement With Stephen Bird
Saturday, 9 Nov 2019 

Nov 8 (Reuters) - Citigroup Inc ::CITIGROUP INC - UNIT ENTERED LETTER AGREEMENT WITH STEPHEN BIRD, FORMER CEO OF CO'S GLOBAL CONSUMER BANKING REGARDING SEPARATION FROM EMPLOYMENT.CITIGROUP INC - BOARD GRANTED BIRD A PERFORMANCE-BASED INCENTIVE AWARD OF $11.85 MILLION.  Full Article

Saudi Exchange Says Citigroup Saudi Arabia Joins Tadawul as Exchange Member
Tuesday, 5 Nov 2019 

Nov 5 (Reuters) - SAUDI STOCK EXCHANGE::CITIGROUP SAUDI ARABIA JOINS TADAWUL AS EXCHANGE MEMBER.CITIGROUP SAUDI ARABIA TO CONDUCT BROKERAGE SERVICES AND DEAL AS A PRINCIPAL, AND AS AN AGENT IN TADAWUL.  Full Article

Citigroup Inc Says Overall Impact Of CECL Methodology Is Estimated To Be An About 20–30% Increase In Expected Credit Loss Reserves
Saturday, 2 Nov 2019 

Nov 1 (Reuters) - Citigroup Inc ::CITIGROUP INC SAYS OVERALL IMPACT OF CECL METHODOLOGY IS ESTIMATED TO BE AN ABOUT 20–30% INCREASE IN EXPECTED CREDIT LOSS RESERVES - SEC FILING.CITIGROUP-WHEN TRANSITIONING TO CECL ON JAN 1, 2020, EXPECTS TO BUILD RESERVES FOR CONSUMER EXPOSURES WHILE RELEASING RESERVES RELATED TO CORPORATE EXPOSURES.CITIGROUP INC - INCREASE IN RESERVES WOULD BE REFLECTED AS A DECREASE TO OPENING RETAINED EARNINGS, NET OF INCOME TAXES, AT JANUARY 1, 2020.  Full Article

Citi names new ESG Chief for markets & securities business
Thursday, 31 Oct 2019 

Oct 31 (Reuters) - Citigroup Inc ::APPOINTS ELREE WINNETT SEELIG TO NEWLY CREATED ROLE OF HEAD OF ESG FOR MARKETS AND SECURITIES SERVICES, REFLECTING GROWING IMPORTANCE OF ESG FOR INDUSTRY AND CLIENTS.  Full Article

Citigroup Sets Quarterly Dividend Of $0.51 Per Share
Wednesday, 23 Oct 2019 

Oct 22 (Reuters) - Citigroup Inc ::CITIGROUP DECLARES COMMON STOCK DIVIDEND; CITIGROUP DECLARES PREFERRED DIVIDENDS.SETS QUARTERLY DIVIDEND OF $0.51PER SHARE.  Full Article

Citigroup Launched Citi Supplier Finance In U.S. With Plans To Expand Globally
Monday, 21 Oct 2019 

Oct 21 (Reuters) - Citigroup Inc ::CITIGROUP INC - CITI'S TREASURY AND TRADE SOLUTIONS HAS LAUNCHED AN ENHANCED CITI SUPPLIER FINANCE OFFERING, WITH WORLDLINK PAYMENT SERVICES.CITIGROUP INC - LAUNCHED CITI SUPPLIER FINANCE IN U.S. WITH PLANS TO EXPAND GLOBALLY.  Full Article

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'Out of market today': Australia brandishes four words crucial to case against Citi, Deutsche

SYDNEY A four-word handwritten note by a JPMorgan Chase & Co banker has been seized by Australian prosecutors as fundamental to a criminal cartel prosecution against Citigroup Inc and Deutsche Bank AG, a court heard on Friday.