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Citigroup Inc (C.N)

C.N on New York Stock Exchange

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$-1.04 (-1.74%)
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Latest Key Developments (Source: Significant Developments)

BRP signs long-term agreements with Citi Retail Services and Roadrunner Financial
Monday, 9 Jan 2017 11:00am EST 

BRP Inc : Expands U.S. retail financing options by signing long-term agreements with Citi Retail Services and Roadrunner Financial . As per agreements, Citi to provide consumers with revolving credit programs through BRP's dealers to finance purchase of BRP's recreational vehicles .New retail financing options will be offered to BRP dealers starting Monday.  Full Article

Citigroup says purchased 3800 Citibank Center from affiliate of Zurich Alternative Asset Management
Tuesday, 13 Dec 2016 01:00pm EST 

Citigroup Inc - : Citigroup Inc - Purchased 3800 Citibank Center from an affiliate of Zurich Alternative Asset Management .Citigroup Inc- The terms of the deal were not disclosed.  Full Article

Citigroup Inc announces offers to purchase five series of outstanding notes
Friday, 2 Dec 2016 04:45pm EST 

Citigroup Inc : Citigroup Inc announces offers to purchase five series of outstanding notes . Citigroup Inc says offers currently total up to approximately U.S. $680 million aggregate principal amount of notes .Citigroup Inc says offers will expire at 11:59 p.m., New York City time, on December 30, 2016.  Full Article

Citi reports $1.75 billion increase to planned capital actions
Monday, 21 Nov 2016 07:45am EST 

Citigroup Inc : Citi announces $1.75 billion increase to planned capital actions . Will increase its common stock repurchase program by up to $1.75 billion . Combined with the repurchase announced monday, Citi's total planned capital actions will increase to $12.2 billion .Citigroup - $1.75 billion under stock repurchase program is in addition to the $10.4 billion in planned capital actions announced earlier this year.  Full Article

Citi to sell CitiFinancial Canada to investor group led by J.C. Flowers, Värde Partners
Thursday, 17 Nov 2016 11:00am EST 

Citigroup Inc : Citi reaches agreement to sell CitiFinancial Canada to investor group led by J.C. Flowers and Värde Partners . Citi - terms of the transaction were not disclosed .Citi - Citi does not expect the financial terms of the transaction to be material to its earnings.  Full Article

Citigroup updates on U.S. CFTC investigation related to interest rate swaps
Monday, 31 Oct 2016 08:59am EDT 

Citigroup Inc : Citigroup inc - the u.s. Commodity futures trading commission is conducting an investigation into the trading and clearing of interest rate swaps by investment banks .Citigroup inc says it is cooperating with the investigation - sec filing.  Full Article

Citigroup reports quarterly GCB revenues of $8.2 bln
Friday, 14 Oct 2016 07:59am EDT 

Citigroup Inc : Citigroup reports third quarter 2016 earnings per share of $1.24 . Q3 earnings per share $1.24 . Q3 earnings per share view $1.16 -- Thomson Reuters I/B/E/S . Q3 2015 included CVA/DVA of $196 million ($127 million after-tax) . Quarterly GCB revenues of $8.2 billion increased 1% . Quarterly ICG revenues of $8.6 billion increased 2% . Citigroup inc - allowance for loan losses was $12.4 billion at quarter end, compared to $13.6 billion, at end of prior year period . Citigroup's Corbat says "I am very encouraged by underlying momentum across our franchise, notably in several areas where we have been investing" . Citigroup's Corbat says "We remain intensely focused on shareholder returns" .Citigroup's Corbat says "We remain committed to consistently increasing amount of capital we return to our shareholders in order to improve overall returns".  Full Article

Citigroup reports Q3 earnings per share $1.24
Friday, 14 Oct 2016 07:59am EDT 

Citigroup Inc : Q3 earnings per share $1.24 . Q3 Citigroup revenues $17.76 billion versus $18.50 billion . Q3 earnings per share view $1.16, revenue view $17.36 billion -- Thomson Reuters I/B/E/S . Quarter-end supplementary leverage ratio of 7.4 percent versus 7.5 percent at Q2-end . Quarter-end common equity Tier 1 capital ratio of 12.6 percent versus 12.5 percent at Q2-end . Q3 tangible book value per share of $64.71 versus $63.53 in q2 . Q3 Citigroup operating expenses of $10.40 billion versus $10.67 billion . Q3 Citigroup net credit losses $1.53 billion versus $1.66 billion . Citi Holdings average assets of $64 billion at Q3-end, down 47 percent from prior year period . Q3 Citi Holdings revenues of $877 million versus $1.71 billion .Q3 Citicorp revenue of $16.88 billion versus $16.79 billion.  Full Article

Citi to invest more than $1 bln in Banco Nacional De México; Banamex renamed Citibanamex
Tuesday, 4 Oct 2016 11:10am EDT 

Citigroup Inc : Investments in its Mexican business will be completed by 2020 . Citi to invest more than $1 billion in Banco Nacional De México; Banamex renamed Citibanamex .Initiative is in addition to more than US$1.5 billion Citi committed to invest in Mexico in September 2014.  Full Article

Citigroup to issue $2 bln of its debt securities
Friday, 26 Aug 2016 04:08pm EDT 

Citigroup Inc : Offering of $2 billion aggregate principal amount of its debt securities - SEC filing .Notes mature on September 1, 2023.  Full Article

BRIEF-Citibank enters new Cardtronics agreement

* Citibank nearly doubles fee-free atm network across the u.s. With new cardtronics agreement