United States

Citigroup Inc (C)

C on New York Consolidated

28 Apr 2017
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$-0.27 (-0.45%)
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Latest Key Developments (Source: Significant Developments)

Poland's Bank Handlowy aims at double digit ROE in Q4 - CEO
Friday, 28 Apr 2017 07:37am EDT 

April 28 (Reuters) - Bank Handlowy w Warszawie SA :CEO Slawomir Sikora says bank aims to achieve double digit return on equity (ROE) in Q4, up from 8.7 percent in Q1."I would like ROE to be in double-digits in the fourth quarter," Sikora says.Says, "First-quarter results do not reflect business dynamics".Bank Handlowy, a unit of U.S. Citigroup <<>>, saw Q1 net profit at 42.7 million zlotys ($11.0 million) versus 104.4 million zlotys a year ago ID:nFWN1HZ1NS.  Full Article

S.Africa's Competition Tribunal confirms Citibank's 69.5 mln rand settlement
Wednesday, 26 Apr 2017 07:55am EDT 

April 26 (Reuters) - South Africa's Competition Tribunal - :Has confirmed Citibank N.A’s settlement agreement of 69.5 million rands for its role in the forex cartel.Fine does not exceed 10 pct of Citibank’s annual turnover in South Africa.Citibank has already begun supplying information that is helpful to the Commission’s investigation​.  Full Article

Citigroup to name Carmen Haddad as head for Saudi Arabia - Bloomberg, citing sources
Monday, 17 Apr 2017 07:39am EDT 

April 17 (Reuters) - :Citigroup said to name Carmen Haddad as head for Saudi Arabia - Bloomberg, citing sources.  Full Article

Citigroup reports Q1 2017 earnings per share of $1.35
Thursday, 13 Apr 2017 07:59am EDT 

Citigroup Inc : Citigroup reports first quarter 2017 earnings per share of $1.35 . Fixed income markets revenues of $3.6 billion in q1 2017 increased 19% . Citigroup Inc says Citigroup's allowance for loan losses was $12.0 billion at quarter end, compared to $12.7 billion . Qtrly equity markets revenues of $769 million increased 10% . Qtrly GCB revenues of $7.8 billion increased 1% . Qtrly ICG revenues of $9.1 billion increased 16% .Citigroup CEO Corbat says "the momentum we saw across many of our businesses towards end of last year carried into first quarter".  Full Article

Citigroup reports Q1 earnings per share of $1.35
Thursday, 13 Apr 2017 07:59am EDT 

Citigroup Inc : Q1 earnings per share $1.35 . Q1 Citigroup revenue $18.12 billion versus $17.56 billion . Q1 earnings per share view $1.24, revenue view $17.76 billion -- Thomson Reuters I/B/E/S . Reports Common Equity Tier 1 capital ratio 12.8 percent at Q1-end versus 12.6 percent at Q4-end . Reports tangible book value per share at Q1-end $65.94 versus $64.57 at Q4-end . Q1 operating expenses were $10.48 billion versus $10.52 billion . Q1 net credit losses $1.71 billion, down 1 percent . Reports return on tangible common equity 8.5 percent as of Q1 end .Q1 supplementary leverage ratio 7.3 percent.  Full Article

Citigroup sets quarterly dividend of $0.16per share
Monday, 3 Apr 2017 04:20pm EDT 

Citigroup Inc :Sets quarterly dividend of $0.16per share.  Full Article

Citigroup says CEO Michael Corbat's 2016 annual compensation $15.5 mln
Wednesday, 15 Mar 2017 05:02pm EDT 

Citigroup Inc : Says ceo michael corbat's annual compensation for 2016 was $15.5 million - sec filing . Says cfo john gerspach's annual compensation for 2016 was $9 million . Citigroup inc james forese, president of citi and ceo of institutional clients group's annual compensation for 2016 was $15.3 million . Says global consumer banking ceo stephen bird's annual compensation for 2016 was $9 million .Says latin america ceo jane fraser's annual compensation for 2016 was $7.9 million.  Full Article

Citigroup reports credit card delinquency rate, charge-off rate for Feb
Wednesday, 15 Mar 2017 02:10pm EDT 

Citigroup Inc : Credit card charge-offs 2.65 percent in February versus 2.60 percent in January - SEC filing .Credit card delinquency rate 1.62 percent at February end versus 1.60 percent at January end.  Full Article

Amber says won't tender Parmalat shares despite Lactalis bid price rise
Thursday, 9 Mar 2017 12:00pm EST 

Italian dairy group Parmalat: Amber Capital reiterates won't tender shares in Parmalat despite Lactalis raising buyout offer price to 3 euros a share . Decision to raise bid price is "small step in right direction but there is still a long way to go" . Parmalat shares could be worth between 3.8 and 4.5 euros each including possible cash-in from a lawsuit with Citigroup Further company coverage: [PLT.MI] (Reporting by Milan Newsroom).  Full Article

Citi Retail Services renews agreement with Ford Motor Company
Thursday, 2 Mar 2017 09:00am EST 

Citigroup Inc : Citi Retail Services says it will renew its consumer financing agreement with Ford Motor Company .Citi Retail Services says will continue to provide consumer financing for parts and service through Ford dealerships.  Full Article

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BRIEF-Autodesk says co, Citibank, Bank of America entered into amendment to credit agreement

* Autodesk - on April 26, co, Citibank NA, Bank of America NA, among others entered into letter amendment No. 1 to amended credit agreement dated May 29, 2015