Edition:
India

Citigroup Inc (C.N)

C.N on New York Stock Exchange

63.96USD
9:46pm IST
Change (% chg)

$-0.31 (-0.48%)
Prev Close
$64.27
Open
$63.67
Day's High
$64.29
Day's Low
$63.53
Volume
1,267,650
Avg. Vol
6,748,781
52-wk High
$78.42
52-wk Low
$48.43

Latest Key Developments (Source: Significant Developments)

Citigroup Says Calculated Its Unadjusted Or "Raw" Pay Gap For Women And U.S. Minorities- Blog
Wednesday, 16 Jan 2019 

Jan 16 (Reuters) - Citigroup Inc ::CITIGROUP SAYS MEDIAN PAY FOR WOMEN GLOBALLY IS 71% OF THE MEDIAN FOR MEN - BLOG POST.CITIGROUP SAYS MEDIAN PAY FOR U.S. MINORITIES IS 93% OF THE MEDIAN FOR NON-MINORITIES- BLOG.CITIGROUP SAYS IT AIMS TO UP REPRESENTATION AT ASSISTANT VP THROUGH MANAGING DIRECTOR LEVELS TO AT LEAST 40% FOR WOMEN GLOBALLY BY END OF 2021- BLOG.CITIGROUP SAYS AIMS TO UP REPRESENTATION AT AVP THROUGH MANAGING DIRECTOR LEVELS TO AT LEAST 8% FOR BLACK EMPLOYEES IN U.S. BY END OF 2021 -BLOG.CITIGROUP SAYS CALCULATED ITS UNADJUSTED OR “RAW” PAY GAP FOR WOMEN AND U.S. MINORITIES.  Full Article

Citi Appointed Sole U.S. Custodian For Indeval's Global Securities Program
Wednesday, 16 Jan 2019 

Jan 16 (Reuters) - Citigroup Inc ::CITI APPOINTED SOLE U.S. CUSTODIAN FOR INDEVAL´S GLOBAL SECURITIES PROGRAM (SIC) REPRESENTING $39 BILLION OF ASSETS.CITI SAYS APPOINTED AS CUSTODIAN AND TAX SERVICES PROVIDER FOR U.S. ASSETS OF INDEVAL'S INTERNATIONAL QUOTATION SYSTEM.  Full Article

Citigroup Sets Quarterly Dividend Of $0.45Per Share
Wednesday, 16 Jan 2019 

Jan 15 (Reuters) - Citigroup Inc ::SETS QUARTERLY DIVIDEND OF $0.45PER SHARE.  Full Article

Citigroup Reports Quarterly Earnings Per Share Of $1.61
Monday, 14 Jan 2019 

Jan 14 (Reuters) - Citigroup Inc ::QUARTERLY EARNINGS PER SHARE $1.61.QUARTERLY CITIGROUP REVENUE $17.12 BILLION VERSUS $17.50 BILLION.Q4 EARNINGS PER SHARE VIEW $1.55, REVENUE VIEW $17.55 BILLION -- REFINITIV IBES DATA.QUARTER-END COMMON EQUITY TIER 1 CAPITAL RATIO OF 11.9 PERCENT VERSUS 11.7 PERCENT AT Q3-END.QUARTER-END SUPPLEMENTARY LEVERAGE RATIO 6.4 PERCENT VERSUS 6.5 PERCENT AT Q3-END.Q4 OPERATING EXPENSES DOWN 4 PERCENT TO $9.89 BILLION.Q4 OPERATING EXPENSES DOWN AS LOWER COMPENSATION COSTS, EFFICIENCY SAVINGS, LEGACY ASSETS WIND-DOWN MORE THAN OFFSET INVESTMENTS, VOLUME GROWTH.QUARTERLY CITIGROUP NET CREDIT LOSSES $1.79 BILLION VERSUS $1.88 BILLION.QUARTERLY TANGIBLE BOOK VALUE PER SHARE $63.79 VERSUS $61.91 IN Q3.SAYS Q4 REVENUE DOWN 2 PERCENT PRIMARILY REFLECTING LOWER FIXED INCOME REVENUE, WIND-DOWN OF LEGACY ASSETS IN CORPORATE/OTHER.SAYS QUARTERLY RESULTS EXCLUDE ONE-TIME IMPACT OF TAX REFORM IN Q4 2018 AND Q4 2017.  Full Article

Citigroup Says Q4 Fixed Income Markets Revenues Fell 21 Pct
Monday, 14 Jan 2019 

Jan 14 (Reuters) - Citigroup Inc ::CITIGROUP REPORTS FOURTH QUARTER 2018 FINANCIAL RESULTS.CITIGROUP INC - QTRLY GCB REVENUES OF $8.4 BILLION REMAINED LARGELY UNCHANGED ON A REPORTED BASIS AND INCREASED 1% IN CONSTANT DOLLARS.CITIGROUP INC - FIXED INCOME MARKETS REVENUES OF $1.9 BILLION IN Q4 2018 DECREASED 21%.CITIGROUP INC - QTRLY NORTH AMERICA CITI-BRANDED CARDS REVENUES OF $2.2 BILLION REMAINED LARGELY UNCHANGED.CITIGROUP INC - QTRLY EQUITY MARKETS REVENUES OF $668 MILLION INCREASED 18%.CITIGROUP INC - "A VOLATILE Q4 IMPACTED SOME OF OUR MARKET SENSITIVE BUSINESSES".CITIGROUP - CITIGROUP'S ALLOWANCE FOR LOAN LOSSES WAS $12.3 BILLION AT QUARTER END, OR 1.81% OF TOTAL LOANS, COMPARED TO $12.4 BILLION, OR 1.86% OF TOTAL LOANS.CITIGROUP INC - CITIGROUP'S END-OF-PERIOD LOANS WERE $684 BILLION AS OF QUARTER END, UP 3% FROM PRIOR-YEAR PERIOD.CITIGROUP INC QTRLY INSTITUTIONAL CLIENTS GROUP REVENUE OF $8.2 BILLION DECREASED 1%.CITIGROUP - IN Q4, "IN GLOBAL CONSUMER BANKING, WE HAD GOOD UNDERLYING GROWTH IN U.S. BRANDED CARDS AND SOLID PERFORMANCE FROM OUR FRANCHISE IN MEXICO".CITIGROUP'S CORBAT SAYS "FOR 2019, WE REMAIN COMMITTED TO DELIVERING A 12% ROTCE AND CONTINUING TO IMPROVE OUR OPERATING EFFICIENCY DURING YEAR".  Full Article

Orient Securities To Buy Stake In Citi Orient Securities
Tuesday, 8 Jan 2019 

Jan 8 (Reuters) - Orient Securities Co Ltd <600958.SS>3958.HK::SAYS IT PLANS TO BUY 33.33 PERCENT STAKE IN CITI ORIENT SECURITIES FROM CITIGROUP INC'S <<>> CITIGROUP GLOBAL MARKETS ASIA LIMITED.  Full Article

BMO Financial Group Announces Creation Of New Financial Crimes Unit
Monday, 7 Jan 2019 

Jan 7 (Reuters) - Bank of Montreal ::BMO FINANCIAL GROUP ANNOUNCES NEW FINANCIAL CRIMES UNIT TO BE HEADED BY LARRY ZELVIN.BMO'S ANTI-MONEY LAUNDERING GROUP, HEADED BY HERBERT MAZARIEGOS, TO WORK CLOSELY WITH FINANCIAL CRIMES UNIT.ZELVIN JOINS BMO FROM CITIGROUP INC., WHERE HE WAS MANAGING DIRECTOR AND GLOBAL HEAD, CYBER SECURITY..NEW FINANCIAL CRIMES UNIT WILL INTEGRATE CYBER SECURITY, FRAUD AND PHYSICAL SECURITY.  Full Article

Citigroup Inc Reports Credit Card Delinquency, Charge-Off Rates For November
Tuesday, 18 Dec 2018 

Dec 17 (Reuters) - Citigroup Inc ::CITIGROUP INC - CREDIT CARD CHARGE-OFFS 2.70 PERCENT IN NOVEMBER VERSUS 2.63 PERCENT IN OCTOBER - SEC FILING.CITIGROUP INC - CREDIT CARD DELINQUENCY RATE 1.6 PERCENT AT NOVEMBER END VERSUS 1.58 PERCENT AT OCTOBER END.  Full Article

Citi Announces Partnership With The International Paralympic Committee
Thursday, 13 Dec 2018 

Dec 13 (Reuters) - Citigroup Inc ::CITI ANNOUNCES GLOBAL, MISSION-LED PARTNERSHIP WITH THE INTERNATIONAL PARALYMPIC COMMITTEE.CITIGROUP - ENTERED INTO A PARTNERSHIP AGREEMENT WITH INTERNATIONAL PARALYMPIC COMMITTEE (IPC) TO BECOME AN INTERNATIONAL PARTNER THROUGH 2020.CITIGROUP - PARTNERSHIP WITH INTERNATIONAL PARALYMPIC COMMITTEE INCLUDES 18 NATIONAL PARALYMPIC COMMITTEES.  Full Article

Citigroup CEO, Asked About Possible Tie-Up, Says Citigroup Is Not The Right Partner For Deutsche Bank - Manager Magazin
Thursday, 22 Nov 2018 

Nov 22 (Reuters) - Deutsche Bank AG ::CITIGROUP CEO, ASKED ABOUT POSSIBLE TIE-UP, SAYS CITIGROUP IS NOT THE RIGHT PARTNER FOR DEUTSCHE BANK - MANAGER MAGAZIN.CITIGROUP CEO SAYS THERE IS TOO MUCH OVERLAP WITH DEUTSCHE BANK'S BUSINESSES.CITIGROUP CEO SAYS A PURCHASE PURELY FOR COST REASONS IS NOT A GOOD IDEA - MANAGER MAGAZIN.  Full Article

Pipeline firm Targa to sell 45 percent stake in Bakken assets for $1.6 billion

U.S. oil pipeline operator Targa Resources will sell a 45 percent stake in some of its assets in the Bakken region for $1.6 billion as it looks to reduce debt, the company said on Tuesday.