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Citigroup Inc (C.N)

C.N on New York Stock Exchange

76.82USD
16 Feb 2018
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$-0.26 (-0.34%)
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Latest Key Developments (Source: Significant Developments)

Citigroup Inc Declares Qtrly Dividend On Common Stock Of $0.32 Per Share
Friday, 19 Jan 2018 

Jan 18 (Reuters) - Citigroup Inc ::CITIGROUP INC - DECLARED A QUARTERLY DIVIDEND ON CITIGROUP'S COMMON STOCK OF $0.32 PER SHARE.  Full Article

Citigroup Inc Credit Card Delinquency, Charge-Off Rates for December
Wednesday, 17 Jan 2018 

Jan 16 (Reuters) - Citigroup Inc ::CITIGROUP INC - CREDIT CARD CHARGE-OFFS 2.58 PERCENT IN DECEMBER VERSUS 2.49 PERCENT IN NOVEMBER - SEC FILING.CITIGROUP INC - CREDIT CARD DELINQUENCY RATE 1.53 PERCENT AT DECEMBER END VERSUS 1.58 PERCENT AT NOVEMBER END.  Full Article

Citigroup Q4 2017 Adj Shr $1.28
Tuesday, 16 Jan 2018 

Jan 16 (Reuters) - Citigroup Inc ::CITIGROUP QTRLY REPORTED LOSS PER SHARE $7.15; QTRLY ADJUSTED EARNINGS PER SHARE $1.28; QTRLY REVENUE $17.26 BILLION VERSUS $17.01 BILLION.CITIGROUP Q4 EARNINGS PER SHARE VIEW $1.19, REVENUE VIEW $17.22 BILLION -- THOMSON REUTERS I/B/E/S.CITIGROUP SAYS ONE-TIME, NON-CASH CHARGE RELATED TO TAX REFORM HAD IMPACT OF ABOUT $22 BILLION ON NET INCOME IN QUARTER.CITIGROUP - ABOUT $19 BILLION OF CHARGE IN QUARTER DUE TO RE-MEASUREMENT OF DTA FROM REDUCTION IN U.S. CORPORATE TAX RATE, SHIFT TO TERRITORIAL TAX REGIME.CITIGROUP - ABOUT $3 BILLION OF CHARGE IN QUARTER RELATED TO DEEMED REPATRIATION OF UNREMITTED EARNINGS OF FOREIGN SUBSIDIARIES.CITIGROUP - RECORDED ONE-TIME REDUCTION IN CET 1 CAPITAL OF ABOUT $6 BILLION, OR ABOUT 40 BPS IN CET1 CAPITAL RATIO, IN QUARTER DUE TO TAX REFORM.CITIGROUP - TANGIBLE BOOK VALUE PER SHARE AT QUARTER-END WAS $60.40 VERSUS $68.55 AT Q3-END.CITIGROUP QTRLY OPERATING EXPENSES $10.08 BILLION VERSUS $10.12 BILLION; QTRLY CITIGROUP NET CREDIT LOSSES $1.88 BILLION VERSUS $1.70 BILLION.CITIGROUP - AT QUARTER-END, CET1 CAPITAL RATIO WAS 12.3 PERCENT VERSUS 13 PERCENT AT Q3-END.CITIGROUP - AT QUARTER-END, SUPPLEMENTARY LEVERAGE RATIO WAS 6.7 PERCENT VERSUS 7.1 PERCENT AT Q3-END.CITIGROUP - ON TRACK TO RETURN AT LEAST $60 BILLION OF CAPITAL IN AGGREGATE TO SHAREHOLDERS DURING 2017, 2018, 2019 CCAR CYCLES.  Full Article

Citigroup Says Qtrly ICG Revenues Of $8.1 Bln Decreased 1 Pct
Tuesday, 16 Jan 2018 

Jan 16 (Reuters) - Citigroup Inc ::CITIGROUP REPORTS FOURTH QUARTER 2017 FINANCIAL RESULTS.CITIGROUP INC - QTRLY GCB REVENUES OF $8.4 BILLION INCREASED 6%.CITIGROUP INC QTRLY ICG REVENUES OF $8.1 BILLION DECREASED 1%.CITIGROUP - CITIGROUP'S ALLOWANCE FOR LOAN LOSSES WAS $12.4 BILLION AT QUARTER END COMPARED TO $12.1 BILLION AT END OF PRIOR YEAR PERIOD.CITIGROUP - FIXED INCOME MARKETS REVENUES OF $2.4 BILLION IN Q4 DECREASED 18 PERCENT.CITIGROUP QTRLY EQUITY MARKETS REVENUE OF $530 MILLION, DOWN 23%.CITIGROUP - QTRLY EQUITY MARKETS REVENUE FALL PRIMARILY DRIVEN BY EPISODIC LOSS IN DERIVATIVES OF ABOUT $130 MILLION, RELATED TO A SINGLE CLIENT EVENT.  Full Article

Citigroup Says "Expanded On Efforts To Assess Pay At Citi When Comparing Women To Men, And US Minorities To Non-Minorities" - Memo‍​
Monday, 15 Jan 2018 

Jan 15 (Reuters) - Citigroup Inc ::CITIGROUP SAYS, IN MEMO TO STAFF, "EXPANDED ON EFFORTS TO ASSESS PAY AT CITI WHEN COMPARING WOMEN TO MEN, AND US MINORITIES TO NON-MINORITIES"‍​.CITIGROUP SAYS FOUND THAT WOMEN ARE PAID ON AVERAGE 99% OF WHAT MEN ARE PAID, MINORITIES ARE PAID ON AVERAGE 99% OF WHAT NON-MINORITIES ARE PAID - MEMO‍​.CITI SAYS "AS PART OF THIS YEAR’S COMPENSATION CYCLE, WE ARE MAKING APPROPRIATE INCREASES TO HELP CLOSE GAPS FOR BOTH WOMEN AND US MINORITIES" - MEMO.  Full Article

Citigroup Announces About €1.29 Bln Redemption Of 4.75 Pct Fixed Rate / Floating Rate Subordinated Notes Due Feb. 2019
Wednesday, 10 Jan 2018 

Jan 10 (Reuters) - Citigroup Inc ::CITIGROUP ANNOUNCES APPROXIMATELY €1.29 BILLION REDEMPTION OF 4.75% FIXED RATE / FLOATING RATE SUBORDINATED NOTES DUE FEBRUARY 2019.CITIGROUP INC - CASH REDEMPTION PRICE PAYABLE FOR NOTES ON REDEMPTION DATE WILL EQUAL PAR PLUS EUR 3.6 MILLION IN ACCRUED AND UNPAID INTEREST.CITIGROUP INC - CITIGROUP'S BASEL III TIER 2 CAPITAL WILL NOT BE AFFECTED BY PLANNED REDEMPTION.  Full Article

‍Citi Enters Into Dual Agreements To Integrate Full Suite Of U.S. Mortgage Products Into Single Digital Platform For Clients​
Monday, 8 Jan 2018 

Jan 8 (Reuters) - Citi::‍CITI SAYS HAS ENTERED INTO DUAL AGREEMENTS TO INTEGRATE ITS FULL SUITE OF U.S. MORTGAGE PRODUCTS INTO A SINGLE DIGITAL PLATFORM FOR ITS CLIENTS​.CITI SAYS WILL INITIATE IMPLEMENTATION OF THE NEW SOLUTIONS IMMEDIATELY, WITH FULL PRODUCTION EXPECTED IN EARLY 2019.  Full Article

Citigroup Announces Redemption Of Series AA Preferred Stock
Wednesday, 3 Jan 2018 

Jan 2 (Reuters) - Citigroup Inc ::CITIGROUP ANNOUNCES REDEMPTION OF SERIES AA PREFERRED STOCK.CITIGROUP-CO IS REDEEMING, IN WHOLE, ALL $96.8 MILLION AGGREGATE LIQUIDATION PREFERENCE OF DEPOSITARY SHARES.CITIGROUP INC - ‍CASH REDEMPTION PRICE, PAYABLE ON FEBRUARY 15, 2018 FOR EACH DEPOSITARY SHARE, WILL EQUAL $25​.CITIGROUP INC - CO'S TIER 1 CAPITAL AND TIER 1 CAPITAL RATIO WILL BE SUBSTANTIALLY UNAFFECTED BY PLANNED REDEMPTION​.CITIGROUP INC - CO'S TIER 1 CAPITAL, TIER 1 CAPITAL RATIO EXPECTED TO DECREASE BY ABOUT $96.8 MILLION AND 1 BASIS POINT, RESPECTIVELY​.  Full Article

FINRA fines, sanctions Citigroup for inaccurate research ratings
Thursday, 28 Dec 2017 

Dec 28 (Reuters) - Finra says it fines citigroup $5.5 mln and requires the bank to pay at least $6 mln to retail customers for displaying inaccurate research ratings:.  Full Article

Citi Statement On 2017 Resolution Plan
Wednesday, 20 Dec 2017 

Dec 19 (Reuters) - Citigroup Inc ::CITI STATEMENT ON 2017 RESOLUTION PLAN.CITIGROUP INC - "WE ARE PLEASED THAT NEITHER THE FED NOR THE FDIC FOUND ANY DEFICIENCIES OR SHORTCOMINGS IN OUR 2017 RESOLUTION PLAN".  Full Article

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