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Citigroup Inc (C.N)

C.N on New York Stock Exchange

75.81USD
6 Dec 2019
Change (% chg)

$1.10 (+1.47%)
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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

UPDATE 2-German utility EWE wins French investor Ardian as new investor

* Reuters previously reported Ardian in the lead (Adds details from press conference, Ardian comment)