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Citigroup Reports Q3 Net Income Of $2.15 Per Share
Citigroup Reports Third Quarter 2021 Results
Citigroup Inc's Long Position In Bank Of China Falls To 4.95% - HKEX Filing
Citigroup Inc. is a diversified financial services holding company. The Company provides a range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, trade and securities services and wealth management. Its business segments include Global Consumer Banking (GCB), Institutional Clients Group (ICG) and Corporate/Other. GCB segment includes a global, full-service consumer franchise delivering an array of banking, credit card, lending and investment services through a network of local branches, offices and electronic delivery systems. ICG segment consists of banking and markets and securities services and provides corporate, institutional, public sector and high-net-worth clients with a range of banking and financial products and services. Corporate/Other segment includes unallocated costs of global staff functions, other corporate expenses and unallocated global operations and technology expenses.
388 Greenwich St
NEW YORK, NY
John Cunningham Dugan
Independent Chairman of the Board
Jane Nind Fraser
Chief Executive Officer, Director
Mark A.L. Mason
Chief Financial Officer
Chief Executive Officer - Asia Pacific
Chief Executive Officer - Europe, Middle East and Africa
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Zix Corp, a U.S. provider of email security solutions, is exploring strategic alternatives that include a sale of the company, according to people familiar with the matter.
Citigroup has appointed David Jiang and Lei Li as co-head of industrials investment banking for Asia, according to a company memo seen by Reuters.
Citigroup has hired Luisa Leyenaar-Huntingford from Goldman Sachs to co-head its global infrastructure franchise as it seeks to win more business from cash-rich investment firms focusing on infrastructure deals.
Citigroup has appointed William Pang as the head of its Natural Resources and Clean Energy Transition (NRCET) Investment Banking unit in Asia, according to a statement from the bank.
Citigroup Inc's chief U.S. equity strategist, Tobias Levkovich, died on Friday from injuries he suffered after being struck by a car a month ago, the Nassau County Police Department on New York's Long Island said in a statement.
Russian state bank VTB submitted a bid for Citigroup's consumer business in Russia in August, VTB board member Dmitry Pyanov told reporters on Thursday, without disclosing the bidding price.
Citigroup Inc on Wednesday pressed a federal appeals court to let it recoup about $504 million of its own money that it accidentally wired Revlon Inc lenders, saying its mistake did not entitle them to a huge windfall.
Citigroup Inc has named former U.S. Treasury official Brent McIntosh as its new general counsel and corporate secretary, Chief Executive Officer Jane Fraser wrote in a memo to employees on Monday.
The Commodity Futures Trading Commission (CFTC) on Monday said Citigroup had agreed to pay $1 million to settle charges it violated swap data reporting rules and supervision rules, and breached a previous CFTC settlement agreed in 2017.
Citi launched on Monday a global technology hub at its Bahrain offices, the first of its kind in the region and with the aim of employing 1,000 coders over the next decade.
Citigroup Inc blocked an attempt by Venezuelan state oil company PDVSA to make debt payments to a Siemens unit, a Citi executive testified on Wednesday in a U.S. trial over whether PDVSA is liable for the payments.
Citigroup Inc is hiring Steve Milovanovic to head its investment banking unit which focuses on mergers and acquisitions by financial institutions in the Americas, according to an internal memo seen by Reuters on Thursday.
Citigroup Inc expects third-quarter markets revenue to decline by a "low-to-mid teens" percentage from a year earlier and JPMorgan Chase & Co expects a decrease of about 10%, according to executives of the two big banks.
A U.S. appeals court said the trustee liquidating Bernard Madoff's firm can pursue a $343.1 million clawback lawsuit against Citigroup Inc, a decision that could help the late swindler's customers recover close to the estimated $17.5 billion they lost in his Ponzi scheme.
A federal appeals court on Monday said Citigroup Inc must face a $343.1 million clawback lawsuit by the trustee liquidating Bernard Madoff's former firm, who accused the bank of turning a blind eye to the late swindler's Ponzi scheme.
Citigroup Inc is considering offering bitcoin futures trading for some institutional clients, a spokesperson for the bank said on Tuesday, citing increased demand in the cryptocurrency space.
(Corrects second paragraph to remove Texas and Nebraska as states where the pilot service is being offered. Corrects third paragraph to say that the pilot came out of a Citigroup new business incubation process, not out of an innovation lab.)
Citigroup Inc will require U.S. employees returning to its New York headquarters and offices in some cities to be vaccinated against COVID-19, the bank's head of human resources, Sara Wechter, said in a LinkedIn post on Tuesday.
National Australia Bank will buy Citigroup's local consumer unit for about $882.24 million, the companies said Monday, as the American bank exits the region while buy-now, pay-later rivals challenge the old credit card business model.
(The author is a Reuters Breakingviews columnist. The opinions expressed are their own.)
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