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Citigroup Says Credit Card Charge-Offs 2.55% In September Versus 2.75% In August
Citigroup Says Ray McGuire Has Informed Co That He Has Decided To Leave Citi
Citigroup Qtrly ICG Rev of $10.4 bln Increased 5%
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 provides traditional banking services to retail customers through retail banking, Citi-branded cards and Citi retail services. ICG segment provides corporate, institutional, public sector and high-net-worth clients with a range of wholesale banking products and services, including fixed income and equity sales and trading, foreign exchange, prime brokerage, derivative services, corporate lending, investment banking and advisory services, private banking, and securities services. Corporate/Other segment includes corporate treasury, operations and technology, and consumer loans.
388 Greenwich St
NEW YORK, NY
John Cunningham Dugan
Independent Chairman of the Board
Jane Nind Fraser
President, Chief Executive Officer
Michael L. Corbat
Chief Executive Officer, Director
Mark A.L. Mason
Chief Financial Officer
Barbara J. Desoer
Chief Executive Officer - Citibank, N.A. Director
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Citigroup Inc <C.N> Vice Chairman Ray McGuire will leave the bank after 15 years in various roles to pursue his "lifelong passion for public service", according to a memo seen by Reuters on Thursday.
Citigroup Inc is dropping claims against one of the entities it had sued in an attempt to recoup nearly $1 billion that it mistakenly sent to lenders of Revlon Inc, according to a court filing on Wednesday.
Citigroup Inc’s outgoing chief executive came under fire on Tuesday for mistakes that have led to regulatory penalties during a conference call to discuss quarterly results, with analysts questioning his pay and why he is not leaving immediately.
Citigroup Inc’s outgoing chief executive came under fire on Tuesday for mistakes that have led to regulatory penalties, with analysts questioning his pay and why he is not leaving immediately in a conference call to discuss quarterly results.
ValueAct Capital Management, a long-time investor in Citigroup Inc, threw its weight behind the third largest U.S. bank in an unusually public way on Thursday by saying its share price could double in the near term.
A pair of U.S. bank regulators ordered Citigroup Inc to clean up "several longstanding deficiencies" in a new enforcement order against the bank.
Citigroup Inc <C.N> said on Tuesday that it terminated a manager in its technology department following an investigation into his role as the operator of a popular website dedicated to the unfounded QAnon conspiracy theory.
The U.S. Federal Reserve will curb big bank capital distributions through the end of the year, meaning the likes of JPMorgan Chase & Co<JPN.>, Citigroup Inc.<C.N>, Wells Fargo & Co<WFC.N> and Bank of America Corp.<BAC.N>will be barred from share buy backs and will have to...
A U.S. regulator on Monday fined Citigroup Inc <C.N> $4.5 million for deleting millions of audio files, including recordings it had subpoenaed, after failing to fix a known design flaw in its audio preservation system.
Citigroup Inc's institutional clients group (ICG) unit named Kira Cordoba-Brown as the head of talent & diversity on Tuesday.
Citigroup Inc said on Wednesday it would set aside more than $1 billion to support initiatives that help close the racial wealth gap and increase economic mobility for people of color.
Citigroup Inc <C.N> has closed its market making business in retail options that serves retail broker-dealers, the Financial Times reported on Wednesday, citing three people with knowledge of the decision.
Societe Generale <SOGN.PA> is gearing up to launch the sale of its asset management arm Lyxor as the French lender seeks to shore up its finances after two consecutive quarterly losses, two sources familiar with the matter told Reuters.
JPMorgan Chase & Co <JPM.N> expects about $55 billion in net interest income for full-year 2020, down from an earlier estimate of $56 billion, Chief Financial Officer Jennifer Piepszak said on Tuesday.
Citigroup Inc <C.N> Chief Financial Officer Mark Mason said on Monday the bank was accelerating investments in its risk and control functions following a high-profile $900 million operational error.
Federal regulators are preparing to reprimand Citigroup Inc <C.N> for failing to improve its risk-management systems, the Wall Street Journal reported https://on.wsj.com/3mvwLES on Monday.
When Jane Fraser takes the helm of Citigroup Inc <C.N> in February, she will have some big tasks ahead of her.
Citigroup Inc named consumer banking head Jane Fraser as its next chief executive on Thursday, making her the first woman to lead a major Wall Street bank.
Citigroup Inc named Jane Fraser to succeed Michael Corbat next year as chief executive officer, making her the first woman to lead a major Wall Street bank.
A Citigroup China unit has received a domestic fund custody licence from the China Securities Regulatory Commission, the bank said on Wednesday, the latest foreign financial firm to expand its presence in mainland China.
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