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Citigroup Inc (C.N)

C.N on New York Stock Exchange

73.91USD
13 Nov 2019
Change (% chg)

$-1.16 (-1.55%)
Prev Close
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Latest Key Developments (Source: Significant Developments)

Jane Fraser Named President Of Citi And Head Of Global Consumer Banking
Friday, 25 Oct 2019 

Oct 24 (Reuters) - Citi CEO Michael Corbat::JANE FRASER NAMED PRESIDENT OF CITI AND HEAD OF GLOBAL CONSUMER BANKING.CITI CEO MICHAEL CORBAT - STEPHEN BIRD HAS INFORMED ME OF HIS DECISION TO LEAVE CITI.CITI CEO- ERNESTO TORRES CANTU, CURRENTLY CEO OF CITIBANAMEX, WILL SUCCEED JANE AS CEO OF LATIN AMERICA.CITI CEO - WILL MAKE AN ANNOUNCEMENT ABOUT LEADERSHIP IN MEXICO IN NEAR FUTURE.  Full Article

Citigroup Qtrly GCB Revenues Of $8.7 Billion Remained Largely Unchanged
Tuesday, 15 Oct 2019 

Oct 15 (Reuters) - Citigroup Inc ::CITIGROUP INC - QTRLY GCB REVENUES OF $8.7 BILLION REMAINED LARGELY UNCHANGED ON A REPORTED BASIS AND INCREASED 4% IN CONSTANT DOLLARS.CITIGROUP INC - QTRLY NORTH AMERICA CITI-BRANDED CARDS REVENUES OF $2.3 BILLION INCREASED 11%.CITIGROUP - ALLOWANCE FOR LOAN LOSSES WAS $12.5 BILLION AT QUARTER END, OR 1.82% OF TOTAL LOANS, COMPARED TO $12.3 BILLION, OR 1.84% OF TOTAL LOANS.CITIGROUP - CITIGROUP'S END-OF-PERIOD LOANS WERE $692 BILLION AS OF QUARTER END, UP 2% FROM THE PRIOR-YEAR PERIOD..CITIGROUP INC - REMAIN ON TRACK TO RETURN MORE THAN $60 BILLION OF CAPITAL TO SHAREHOLDERS OVER A THREE-YEAR PERIOD WHICH ENDS NEXT YEAR.  Full Article

Citigroup Reports Q3 Earnings Of $2.07 Per Share
Tuesday, 15 Oct 2019 

Oct 15 (Reuters) - Citigroup Inc ::QUARTERLY EARNINGS PER SHARE $2.07.QUARTERLY REVENUE $18.57 BILLION VERSUS $18.39 BILLION.QUARTER-END COMMON EQUITY TIER 1 CAPITAL RATIO OF 11.6% VERSUS 11.9% AT Q2-END.QUARTERLY OPERATING EXPENSES $10.46 BILLION VERSUS $10.31 BILLION.QUARTERLY CITIGROUP NET CREDIT LOSSES $1.91 BILLION VERSUS $1.76 BILLION.QUARTERLY TANGIBLE BOOK VALUE PER SHARE $69.03 VERSUS $67.64 IN Q2.QUARTERLY EFFICIENCY RATIO 56.3% VERSUS 56% IN Q2.Q3 EARNINGS PER SHARE VIEW $1.95, REVENUE VIEW $18.55 BILLION -- REFINITIV IBES DATA.CITIGROUP SAYS ACHIEVED YTD ROTCE OF 12%, IN-LINE WITH FULL YEAR TARGET.  Full Article

Citigroup Says Qtrly ICG Revenues Of $9.5 Billion, Up 3%
Tuesday, 15 Oct 2019 

Oct 15 (Reuters) - Citigroup Inc ::CITIGROUP INC - QTRLY ICG REVENUES OF $9.5 BILLION INCREASED 3%.CITIGROUP INC - QTRLY FIXED INCOME MARKETS REVENUE OF $3.2 BILLION WERE LARGELY UNCHANGED, WITH IMPROVED ACTIVITY WITH BOTH CORPORATE AND INVESTOR CLIENTS.CITIGROUP INC - QTRLY EQUITY MARKETS REVENUE OF $760 MILLION DECREASED 4%, REFLECTING LOWER CLIENT ACTIVITY AND LOWER BALANCES IN PRIME FINANCE.CITIGROUP INC - QTRLY EQUITY MARKETS REVENUE DOWN 4%, PARTIALLY OFFSET BY STRONG CLIENT ACTIVITY IN DERIVATIVES.  Full Article

Citi And JP Morgan To Expand Advisers In Asia To Help Japanese Businesses - Nikkei
Wednesday, 28 Aug 2019 

Aug 28 (Reuters) - Nikkei::JP MORGAN TO EXPAND ITS CORPORATE JAPAN DESK ROUGHLY 20% THIS YEAR FROM CURRENT COUNT OF DOZENS; STAFF TO INCLUDE SPECIALISTS BASED IN INDIA - NIKKEI.CITI WILL ENLARGE ITS JAPAN-FOCUSED STAFF BY ABOUT 10% A YEAR - NIKKEI.  Full Article

Citigroup Sets Quarterly Dividend Of $0.51 Per Share
Thursday, 18 Jul 2019 

July 18 (Reuters) - Citigroup Inc ::SETS QUARTERLY DIVIDEND OF $0.51PER SHARE.  Full Article

Citigroup Reports Q2 Equity Markets Revenues Of $790 Million, Down 9%
Monday, 15 Jul 2019 

July 15 (Reuters) - Citigroup Inc ::CITIGROUP INC - QTRLY ALLOWANCE FOR LOAN LOSSES WAS $12.5 BILLION AT QUARTER END, OR 1.82% OF TOTAL LOANS VERSUS $12.1 BILLION, OR 1.81% OF TOTAL LOANS.CITIGROUP INC - END-OF-PERIOD LOANS WERE $689 BILLION AS OF QUARTER-END, UP 3% FROM THE PRIOR-YEAR PERIOD.CITIGROUP INC - QTRLY REVENUE UP 2% FROM PRIOR-YEAR PERIOD, REFLECTING ABOUT $350 MILLION PRE-TAX GAIN ON CITI’S INVESTMENT IN TRADEWEB.CITIGROUP INC - QTRLY ICG REVENUES OF $9.7 BILLION WERE LARGELY UNCHANGED.CITIGROUP INC - QTRLY EFFICIENCY RATIO 56%.CITIGROUP INC - QTRLY FIXED INCOME MARKETS REVENUES OF $3.3 BILLION INCREASED 8% INCLUDING THE TRADEWEB GAIN.CITIGROUP INC - EXCLUDING TRADEWEB GAIN , EARNINGS PER SHARE OF $1.83 IN QUARTER.CITIGROUP INC - QTRLY EQUITY MARKETS REVENUES OF $790 MILLION DECREASED 9%.CITIGROUP INC - QTRLY GCB REVENUES OF $8.5 BILLION INCREASED 3% ON A REPORTED BASIS AND 4% IN CONSTANT DOLLARS.CITIGROUP INC - QTRLY NORTH AMERICA CITI-BRANDED CARDS REVENUES OF $2.2 BILLION INCREASED 7%.CITIGROUP INC - "WE HAVE GOOD MOMENTUM AND SOLID GROWTH ACROSS OUR CONSUMER FRANCHISE, PARTICULARLY IN THE U.S.".CITIGROUP'S CORBAT SAYS " WE NAVIGATED AN UNCERTAIN ENVIRONMENT SUCCESSFULLY BY EXECUTING OUR STRATEGY, AND BY SHOWING DISCIPLINED EXPENSE, CREDIT AND RISK MANAGEMENT".CITIGROUP INC - IN THE ICG, TREASURY AND TRADE SOLUTIONS BUSINESS CONTINUES TO PERFORM WELL.  Full Article

Citigroup Qtrly EPS $1.95
Monday, 15 Jul 2019 

July 15 (Reuters) - Citigroup Inc ::CITIGROUP - QTRLY EARNINGS PER SHARE $1.95.CITIGROUP - QTRLY REVENUES $18.76 BILLION VERSUS $18.47 BILLION.CITIGROUP - QUARTER-END COMMON EQUITY TIER 1 CAPITAL RATIO OF 11.9% VERSUS 11.9% AT Q1-END.CITIGROUP - QTRLY OPERATING EXPENSES $10.50 BILLION VERSUS $10.71 BILLION.CITIGROUP - QTRLY CITIGROUP NET CREDIT LOSSES $1.96 BILLION VERSUS $1.70 BILLION.CITIGROUP - QTRLY TANGIBLE BOOK VALUE PER SHARE $67.64 VERSUS $65.55 IN Q1.CITIGROUP - QTRLY EXPENSES DOWN 2%.Q2 EARNINGS PER SHARE VIEW $1.80, REVENUE VIEW $18.49 BILLION -- REFINITIV IBES DATA.  Full Article

Deutsche Bank Looks to Shed Big Chunk of Wall Street Presence- WSJ
Tuesday, 2 Jul 2019 

July 2 (Reuters) - :DEUTSCHE BANK HELD TALKS WITH CITI,BNP,OTHERS THAT COULD INVOLVE TRANSFERRING TRADING TECHNOLOGY ,PIECES OF ONCE-VAUNTED PRIME BROKERAGE BUSINESS- WSJ.  Full Article

Citigroup Says Planned Capital Actions Include Increase Of Citi's Quarterly Common Stock Dividend From $0.45 To $0.51 Per Share
Friday, 28 Jun 2019 

June 27 (Reuters) - Citigroup Inc ::CITI ANNOUNCES 2019 PLANNED CAPITAL ACTIONS.CITIGROUP - PLANNED CAPITAL ACTIONS INCLUDE AN INCREASE OF CITI'S QUARTERLY COMMON STOCK DIVIDEND FROM $0.45 TO $0.51 PER SHARE.CITIGROUP INC - COMMON STOCK REPURCHASE PROGRAM OF UP TO $17.1 BILLION DURING FOUR QUARTERS STARTING IN Q3 OF 2019..CITIGROUP INC - FEDERAL RESERVE BOARD ANNOUNCED THAT IT DOES NOT OBJECT TO PLANNED CAPITAL ACTIONS REQUESTED BY CITI.  Full Article

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Google Pay to offer checking accounts through Citi, Stanford Federal

SAN FRANCISCO Alphabet Inc's Google said on Wednesday it will offer personal checking accounts next year through its Google Pay app, initially in partnership with Citigroup Inc and a small credit union at Stanford University. | Video