Citigroup Inc (C.N)
16 Feb 2018
Fri, Feb 16 2018
NEW YORK, Feb 16 Citigroup Inc raised Chief Executive Officer Michael Corbat's annual compensation by 48 percent to $23 million for 2017, a year in which the bank made more money from operations but still fell short of earlier targets.
* CITIGROUP - ON FEB 15, PERSONNEL & COMPENSATION COMMITTEE APPROVED INCENTIVE COMPENSATION AWARDS FOR 2017 PERFORMANCE TO CEO, OTHER SENIOR EXECUTIVES
* CITIGROUP INC - CREDIT CARD CHARGE-OFFS 2.17 PERCENT IN JANUARY VERSUS 2.58 PERCENT IN DECEMBER - SEC FILING
* TAKES SHARE STAKE OF 609,700 SHARES IN WELLS FARGO - SEC FILING
Feb 11 Wall Street bank Citigroup Inc will set up an innovation centre in London in one of the first investments by a big U.S. bank since Brexit, the Financial Times reported on Sunday.
* STOXX 600 down 0.5 pct * Financials, insurance stocks worst-performing * Umicore leads gains while Amundi falls * U.S. stocks plunged around 4 percent Feb 9 Welcome to the home for real time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Julien Ponthus. Reach him on Messenger to share your thoughts on market moves: email@example.com FINANCIALS SHOULD FIGHT BACK - CITI (1
** Shares of SRF Ltd rise as much as 6.4 pct to 1,889.4 rupees
** Shares of Cipla Ltd surge as much as 6.85 pct to 608.2 rupees, in their biggest intraday pct gain since Nov 2016
ABU DHABI Citigroup expects 2018 to be its best year for investment banking in the Middle East and Africa in at least a decade, likely led by Saudi Arabia, a senior executive at the U.S. bank said.
MILAN, Feb 7 A Milan court has thrown out a 1.8 billion euros ($2.2 billion) claim by Italy's Parmalat against Citigroup, the U.S. bank said on Wednesday, in a case relating to the dairy group's 2003 collapse.
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