News: Citigroup Inc (C.N)

C.N on New York Stock Exchange

50.22USD
23 Jul 2014
Price Change (% chg)

$0.62 (+1.25%)
Prev Close
$49.60
Open
$49.60
Day's High
$50.58
Day's Low
$49.37
Volume
4,310,630
Avg. Vol
3,902,348
52-wk High
$55.28
52-wk Low
$45.18

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CORRECTED-MOVES-Citigroup, Deutsche Bank, Saxo Bank, MN Investment

(Corrects to remove UK-based in item 3, adds Stevenson will be based out of New York)

MOVES-Citigroup, Deutsche Bank, Saxo Bank, MN Investment

(Adds Marinus Capital Advisors, BATS Global Markets, Alvarez & Marsal)

Citi has $280 mln in loans in China ports at center of metals probe

NEW YORK, July 18 - Citigroup Inc has about $280 million in loans tied to commodities in two Chinese ports which are at the center of a probe into possible fraud, a senior executive said on Friday, becoming the first U.S. bank to disclose its potential exposure.

MOVES- ICE, Comerica Bank, Citi, UBS Global, Credit Suisse, KKR

July 18 - The following financial services industry appointments were announced on Friday. To inform us of other job changes, email moves@thomsonreuters.com.

German car parts maker ZF can raise TRW bid to $13 billion: Bloomberg

- German car parts maker ZF Friedrichshafen AG [ZFF.UL] can raise its bid for U.S.-based TRW Automotive Holdings Corp to as much as $13 billion, Bloomberg reported, citing people with knowledge of the matter.

German car parts maker ZF can raise TRW bid to $13 bln - Bloomberg

July 17 - German car parts maker ZF Friedrichshafen AG can raise its bid for U.S.-based TRW Automotive Holdings Corp to as much as $13 billion, Bloomberg reported, citing people with knowledge of the matter.

Fitch: Citi's 2Q'14 Hurt by $7 Billion DOJ Settlement

(The following statement was released by the rating agency) NEW YORK, July 15 (Fitch) Citigroup's (Citi) second quarter 2014 (2Q'14) results were negatively impacted by the company's settlement with the U.S. Department of Justice (DOJ) and certain state attorneys general. During the quarter, Citi incurred a $3.8 billion pre-tax charge to reflect the cost of the settlement. Excluding CVA/DVA, which were immaterial this quarter, Citi reported net income of $181 million on $19.4 billion of rev

UPDATE 3-Higher stock underwriting revenue boosts Goldman profit

(Adds details on trading volumes, other banks, analyst comment, updates stock price)

PRESS DIGEST- New York Times business news - July 15

July 15 - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.

US STOCKS-Wall St closes higher on Citi earnings, healthcare M&A

* Dow up 0.7 pct; S&P 500 up 0.5 pct; Nasdaq up 0.6 pct (Updates to close)

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