Company
Citigroup Inc
NYSE:C
Citigroup Inc is a preeminent banking partner for institutions with cross-border needs, a global leader in wealth management and a valued personal bank in its home market of the United States. The company does business in nearly 160 countries and jurisdictions, providing corporations, governments, investors, institutions and individuals with a broad range of financial products and services.
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FTSE 100 finishes the week on a positive note
At the close, the FTSE 100 was once again in positive territory, finishing the day up 0.4% to close the week at 7,872 points
H&M outlook ‘muddled’ ahead of full-year results
H&M looks "optimistic" ahead of its full-year results, according to Citigroup analysts
Oil, gas and iron ore face ‘massive challenges’ in new year – Citigroup
An "abundance" of macroeconomic uncertainties looks set to see demand shift for commodities in 2023, said Citigroup
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Fuller Treacy Comment of the Day - Gold Hits One-Month High as Dollar Slide Brings in Fresh Buying, and more...
Comment of the DayVideo commentary for November 8th 2022A link to today's video commentary is posted in the Subscriber's Area. Some of the topics discussed include: bitcoin breaks lower, gold, silver, platinum and gold shares break higher,
Citigroup stock starts higher as traders welcome better-than-feared Q3
Citi stock moved higher, as banking sector fears eased
Credit Suisse sees UK inflation peaking at 15% if energy prices are curbed
Credit Suisse’s forecast comes with heavy caveats about the direction of energy prices
Citibank exposure highlights contagion risk from Russian sanctions
JPMorgan has estimated the total exposure of western banks to Russia at US$90bn,
Aston Martin set for meaningful step-up in profitability, Citi says
The investment bank sees some 67% upside with its £29.00 price target
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Wall Street moves lower on Friday after low volatility week
Retail sales fell by 0.7% in December, which disappointed realtive to Street expectations
Citigroup becomes first US big bank to appoint female boss
Jane Fraser was promoted as group chief executive to replace Michael Corbat as of February
Citigroup hit with £44mln PRA fine for "serious and widespread" failures
The regulators have been piling the pressure on big banks to improve transparency in reporting ever since the financial crisis, with Goldman Sachs fined £34mln in March
Equals Group says new Citi partnership equals better service for customers and lower costs
The agreement is expected to result in faster settlement and reduced transaction costs for Equals
Galena Mining at project financing stage after Abra lead-silver mine is valued at $553 million
Galena hopes to secure debt funding so it can start producing at Abra in 2021 and have its first full year of commercial production in 2022.
Barclays becomes Europe's only major investment bank as Deutsche retreats
The German bank's plans to close down its equities trading arm will leave Barclays as the only European bank in the so-called 'bulge bracket' of heavyweight multi-national financiers
Wall Street finishes in the green thanks to late surges from Qualcomm, Boeing
Qualcomm settled with Apple, and Boeing inked a major defense contract, giving the major indices a much-needed afternoon boost
Investments and investor services
Wall Street ends lower as Goldman Sachs brings down the Dow
Goldman Sachs and Citigroup each reported before the bell
Late Movers: PG&E tumbles on plans to file for Chapter 11 bankruptcy after devastating fire
Goldcorp rallied after Newmont agreed to acquire it in a stock deal valued at $10 billion
Investments and investor services
JPMorgan Chase and Citigroup beat Wall Street's 3Q earnings forecasts while Wells Fargo falls short
JPMorgan's consumer and community banking division drove profits higher in the quarter while Citi's profits were boosted by corporate tax changes
CryptoCann™ Report: Coinbase to reach $8B valuation; TD Ameritrade warns investors about the risk of cannabis investments
Crypto exchange Coinbase will reach an $8 billion valuation if an investment from hedge fund Tiger Global is finalized
CryptoCann™ Report: Winklevoss Twins introduce USD-backed stablecoin; Marijuana ETF reaches billion-dollar mark
The Horizons Marijuana Life Sciences Index ETF has reached C$1bn in assets under management
CryptoCann™ Report: Crypto investor sues AT&T for US$224mln over loss; Tidal Royalty inks deal with Illinois Cannabis Company
Tidal Royalty will provide Illinois Cannabis Company with financing in exchange for 15% of net sales royalty
Hardware & electrical equipment
Fintech HighRadius is partnering with high-profile companies on its path to a possible IPO
The company has developed a credit-to-cash platform to simplify the accounts receivable process
Daily CryptoCann™ Report: IBM launches blockchain platform for big banks; Aurora Cannabis receives license for Alberta facility
The tech giant teamed up with FX provider CLS to launch a blockchain app store for financial services
PRE-MARKET MOVERS: Tesla boss Musk in farting unicorn image row; Wells Fargo and big banks up in pre-market
Constellation Brands and Nike were also in the telescopic spotlight of investors before the bell
Daily CryptoCann Report: Wells Fargo to ban crypto purchases on its credit cards; Aurora Cannabis acquires marijuana testing lab
JPMorgan Chase, Bank of America, Citigroup and TD Bank have also banned crypto purchases on their cards
Bank of America reports strong Q1 results on deposit and loan growth
The bank's earnings per share came to 62 US cents per share in Q1 on US$6.92bn in net income
Investments and investor services
US benchmarks close higher as earnings season points to strong growth
US stocks advanced as traders remain bullish about the corporate earnings season
Citigroup 1Q profit climbs 13% on lower tax rate, higher revenue in consumer banking
The bank's earnings per share for the quarter beat estimates
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FTSE 100 closes modestly higher as Syrian fears recede
After an up-and-down day, the FTSE 100 finished in positive territory after a late surge
Dow Jones up 318 points as traders come back to shares
A look at the US and Canada markets as the session progresses..
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Little worry that US banking results will turn into a slasher movie on Friday the 13th
With their UK peers due to start updating the market the week after next, JP Morgan Chase, Citigroup, and Wells Fargo will all reveal first-quarter figures on Friday
Citigroup to refund US$335mln to credit card customers after overcharging them
Citi’s own review found that 1.75mln accounts were paying a higher annual percentage rate than they should have been
US stocks close modestly lower as earlier rally fades
US stocks had been on the front foot and the Dow Jones breached the 26,000 level but the rally faded
Citigroup shares higher after fourth quarter profits tops estimates
The large US bank said that it lost US$18.3bn in the fourth quarter, mainly due to writing down its deferred-tax assets
BP, Citigroup Inc, Viacom Inc, CBS and more - PRE-MARKET
Proactive takes a look at what is piquing interest before the bell in New York
Citigroup's finance chief sees profits hit of about US$20bn from US tax reform plans
John Gerspach said the charge will result from the bank writing down the value of deferred tax assets as well as the impact of changes to rules regarding the repatriation of profits earned in other countries to the US
HSBC, Citigroup, and Deutsche Bank agree to pay combined US$132mln to settle a US Libor class action
HSBC Holdings PLC, Citigroup Inc, and Deutsche Bank AG have agreed to pay a combined US$132mln to settle a US class action brought by futures traders accusing them of manipulating the Libor benchmark interest rate, according to a Reuters re
JP Morgan Chase & Co, Citigroup, Dominos Pizza Inc and more - PRE-MARKET
Proactive is closely monitoring the movers and shakers ahead of the bell in New York
FTSE 100 closes at record high bolstered by weak pound on Brexit talks 'stalemate'
In a joint news conference held later in the day, Barnier admitted that some progress had been achieved on citizens' rights and Ireland's common travel area
Nasdaq powers up 83 pts into close as tech stocks bounce back
US shares are heading higher at the close on Wall Street
Goldman Sachs posts steep drop in trading revenues although second quarter profits see surprise rise
The fifth largest US bank by assets reported earnings of US$3.95 a share, beating consensus expectations of US$3.39, but down from US$3.72 a year earlier
Bank of New York Mellon Corp appoints former Visa boss Charles Scharf as its new CEO
Scarf, who has also worked at J.P. Morgan Chase & Co, Bank One and Citigroup Inc, will take over as the bank’s chairman as well with effect from 1 January
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Q2 2017 Bank Earnings Outlook
New highs for S&P 500 and Dow Jones as VIX "fear factor" falls again
The Dow Jones was up 70 points in lunchtime trading after hitting a new high last night
Lenders find market hard to please as banking results season begins - PRE-MARKET
All three banks reporting this morning beat expectations with their numbers, yet their shares are set to pen lower in a rising market
Citigroup, JP Morgan & Chase and Wells Fargo deliver on second quarter results
US bank stocks have risen following Trump's presidential election win but are struggling to find ground
Morgan Stanley, Citigroup, Staples and bank stress tests in focus - Pre-market
A look at some of the highlights from US after hours trading
Goldman Sachs, Morgan Stanley, Caterpillar, Costco Wholesale in headlines
Here's what's moving early on as Wall Street readies to open for business
US benchmarks tumble after Trump turmoil sends traders fleeing
US stocks slide as the Trump presidency goes from one crisis to the next
Bank of America posts better-than-expected jump in quarterly earnings
Bank of America's first quarter profits were supported by loan growth and investment banking fees
Citigroup and JP Morgan impress, Wells Fargo doesn't
Bumper numbers had been predicted due to a bounce in trading following Donald Trump’s election
US banks set for strong first quarter as JP Morgan, Citigroup and Wells Fargo kick off earnings season
US banks look set to achieve a robust set of first quarter results as earnings season gets underway
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Corporations begin to flee the UK after Theresa May triggers Brexit
With the Brexit wheels in motion, several companies are taking action to ensure they continue to have access to Europe's single market
US shares mark fresh record highs as banks price in earlier rate hike
US stocks marked a fresh raft of record highs on Wednesday as the Fed brought forward the prospect of rate hikes in the world’s biggest economy and bank stocks hit record highs
US stocks gain, financials lead on deregulation, Macy’s could have a Canadian owner
Financials led the gains on the benchmark S&P 500 on Friday after US President Donald Trump signed off on two executive actions to make good his promise to reform financial regulation
Citigroup fined $25mln for “spoofing” says commodities regulator
US commodities regulators have levied a $25mln penalty on Citigroup Global Markets (NYSE:C) on Thursday to settle charges of “spoofing” – entering bids or offers with the intent of cancelling them before execution – in the US Treasury futur
US stocks slump across the board ahead of Trump’s big day
US stocks were lower across all tickers on Thursday with the factors behind that not altogether logical but traders said it was jitters ahead of Donald Trump’s inauguration as President on Friday