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Citigroup Inc (C)

C on New York Consolidated

73.53USD
20 Oct 2017
Change (% chg)

$0.65 (+0.89%)
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Latest Key Developments (Source: Significant Developments)

CITIBANK EXTENDS QUICK LOCK CONVENIENCE TO DEBIT CARDS
Friday, 20 Oct 2017 10:00am EDT 

Oct 20 (Reuters) - Citigroup Inc ::CITIBANK EXTENDS QUICK LOCK CONVENIENCE TO DEBIT CARDS.  Full Article

Citigroup sets quarterly dividend of $0.32/share
Wednesday, 18 Oct 2017 08:00am EDT 

Oct 18 (Reuters) - Citigroup Inc :Sets quarterly dividend of $0.32per share.  Full Article

Citigroup credit card delinquency and charge-off rate for September
Monday, 16 Oct 2017 02:39pm EDT 

Oct 16 (Reuters) - Citigroup Inc :Citigroup Inc - credit card delinquency rate ‍​1.5 percent at September end versus 1.43 percent at August end.Citigroup Inc - credit card charge-offs 2.44‍​ percent in September versus 2.41 percent in August - sec filing.  Full Article

FIS and Citi Treasury collaborate to enable real-time payments and cash management for corporate treasury customers​
Monday, 16 Oct 2017 09:00am EDT 

Oct 16 (Reuters) - Fidelity National Information Services Inc : :FIS - ‍ FIS, Citi Treasury and Trade Solutions collaborating to enable real-time payments and cash management for corporate treasury customers​.  Full Article

Citigroup reports qtrly rev $18.17 bln vs $17.76 bln
Thursday, 12 Oct 2017 07:59am EDT 

Oct 12 (Reuters) - Citigroup Inc ::Qtrly earnings per share $1.42; qtrly revenue $18.17 billion versus $17.76 billion.Q3 earnings per share view $1.32, revenue view $17.90 billion -- Thomson Reuters I/B/E/S.Qtrly operating expenses $10.17 billion versus $10.40 billion; qtrly Citigroup net credit losses $1.78 billion versus $1.53 billion.Says tangible book value per share at quarter-end was $68.55 versus $67.32 at Q2-end.Says at quarter-end, common equity tier 1 capital ratio was 13 percent versus 13.1 percent at Q2-end.Says at quarter-end, supplementary leverage ratio was 7.1 percent versus 7.2 percent at Q2-end.Says Q3 results include $580 million pre-tax or $355 million after-tax or $0.13 per share gain from sale of fixed income analytics business.Says expects "continued momentum" on franchise growth and further reduction in legacy assets.Says on track to increase both the return on capital and return of capital over time.  Full Article

Citigroup reports Q3 2017 earnings per share of $1.42
Thursday, 12 Oct 2017 07:59am EDT 

Oct 12 (Reuters) - Citigroup Inc ::Citigroup reports third quarter 2017 earnings per share of $1.42.Citigroup Inc - qtrly ‍GCB revenues of $8.4 billion increased 3 percent​.Citigroup Inc - qtrly ‍ICG revenues of $9.2 billion increased 9 percent​.Citigroup Inc - ‍fixed income markets revenues of $2.9 billion in Q3 2017 decreased 16 percent​.Citigroup - Citigroup's allowance for loan losses was $12.4 billion at quarter end, compared to $12.4 billion at end of prior year period​.Citigroup Inc qtrly ‍equity markets revenues of $757 million increased 16 percent​.Citigroup Inc - excluding gain, qtrly earnings per share increased 4 percent to $1.29.Q3 earnings per share view $1.32 -- Thomson Reuters I/B/E/S.  Full Article

Citi board Elects John Dugan and S. Leslie Ireland to board of directors
Monday, 2 Oct 2017 04:00pm EDT 

Oct 2 (Reuters) - Citigroup Inc :Citi board elects John Dugan and S. Leslie ireland to board of directors.Citigroup Inc - ‍Dugan, a former comptroller of currency, recently retired from Covington & Burling LLP where he chaired financial institutions group​.Citigroup Inc - ‍ireland most recently served as assistant secretary for intelligence and analysis for US treasury department​.  Full Article

Citi Commercial Cards awarded GSA Smartpay 3 master contract
Monday, 25 Sep 2017 09:00am EDT 

Sept 25 (Reuters) - Citigroup Inc ::Citi commercial cards awarded GSA smartpay® 3 master contract.Citigroup Inc - ‍new agreement extends Citi's participation through 2031​.  Full Article

Citigroup credit card delinquency and charge-offs for August
Friday, 15 Sep 2017 02:17pm EDT 

Sept 15 (Reuters) - Citigroup Inc :Credit card charge-offs 2.41 percent in August versus 2.07 percent in July - sec filing.Citigroup Inc - credit card delinquency rate 1.43‍​ percent at August end versus 1.39 percent at July end.  Full Article

BRIEF-Citigroup announces about C$481.5 mln redemption of 4.650 pct fixed rate/floating rate subordinated notes (Sept. 8)
Monday, 11 Sep 2017 04:09am EDT 

Corrects to million from billion in third bullet point:Citigroup announces approximately C$481.5 million redemption of 4.650% fixed rate/floating rate subordinated notes due October 2022.Redemption date for notes is October 11, 2017​.‍Cash redemption price payable for notes on redemption date will equal par plus C$11.2 million in accrued and unpaid interest.  Full Article

Fitch Revises Pekao Outlook to Negative; Affirms 4 Leading Polish Banks

(The following statement was released by the rating agency) WARSAW/LONDON, October 20 (Fitch) Fitch Ratings has revised the Outlooks on the Long-Term Issuer Default Ratings (IDR) of Poland-based Bank Pekao SA (Pekao) and its mortgage bank subsidiary, Pekao Bank Hipoteczny (PBH), to Negative from Stable. At the same time, Fitch has affirmed the Long-Term IDRs of Pekao (A-) and Pekao Bank Hipoteczny (A-), Bank Zachodni WBK (BZ WBK, BBB+), Bank Handlowy w Warszawie (A-) and ING Bank Slaski (A). The