Edition:
United States

Citigroup Inc (C)

C on New York Consolidated

62.07USD
26 May 2017
Change (% chg)

$0.12 (+0.19%)
Prev Close
$61.95
Open
$61.87
Day's High
$62.33
Day's Low
$61.65
Volume
10,850,319
Avg. Vol
17,815,217
52-wk High
$62.69
52-wk Low
$38.31

Latest Key Developments (Source: Significant Developments)

Shobunsha Publications to take over business from Travelers Inc
Friday, 17 Mar 2017 03:00am EDT 

Shobunsha Publications Inc <9475.T> : Says it plans to take over foreign tourists restaurant reservation service related business from Travelers Inc, on March 31 .Says MTI Ltd will raise stake in co to 11.02 percent from 2.70 percent and will become the second major shareholder after transaction, on March 24.  Full Article

Citigroup credit card charge-offs and delinquency rate stats for January
Wednesday, 15 Feb 2017 02:07pm EST 

Citigroup Inc : Citigroup Inc - Credit card charge-offs 2.60 percent in January 2017 versus 2.53 percent in December 2016 - SEC filing .Citigroup Inc - Credit card delinquency rate 1.60 percent at January end versus 1.60 percent at December end.  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

Citigroup, AT&T end trademark litigation
Monday, 22 Aug 2016 03:12pm EDT 

Citigroup Inc : AT&T Inc dismiss trademark litigation against each other--court filing . Had sued AT&T over the "AT&T thanks" customer loyalty program . At&t had sought court order that "AT&T thanks" did not infringe citigroup's "thankyou" trademark . Citigroup and AT&T agree not to bring their claims against each other again -- filing.  Full Article

Head of Citi fintech Heather Cox to depart- WSJ, citing sources
Friday, 12 Aug 2016 12:08pm EDT 

: Head of Citi fintech Heather Cox to depart- WSJ, citing sources Source (http://on.wsj.com/2b3QOap) ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

U.S. judge denies Citigroup preliminary injunction to stop AT&T from using 'thanks' in loyalty program
Thursday, 11 Aug 2016 04:01pm EDT 

: U.S. judge denies Citigroup preliminary injunction to stop AT&T from using 'thanks' in loyalty program-ruling . U.S. district judge katherine forrest: Citigroup has not shown it faces irreparable harm if AT&T uses phrase during litigation . Forrest also says AT&T has offered evidence that halting the use of 'at&t thanks' would be expensive and disruptive.  Full Article

Citigroup announces approximately eur1.1 billion redemption of 4.75% fixed/floating rate
Thursday, 28 Jul 2016 04:00pm EDT 

Citigroup Inc : Citigroup announces approximately EUR1.1 billion redemption of 4.75% fixed / floating rate callable subordinated notes due May 2017 . Says redemption date for notes is August 31, 2016 .Citigroup's Basel III Tier 2 capital will not be affected by planned redemption.  Full Article

More From Around the Web

MOVES-Citi appoints Watson head of EMEA multi-asset group

LONDON, May 26 (IFR) - Citigroup has appointed Matt Watson as head of its multi-asset group for Europe, Middle East and Africa, giving him regional oversight of the division responsible for cross-asset structuring and product development.