|Bid||0.00 x 1000|
|Ask||0.00 x 800|
|Day's Range||51.88 - 53.23|
|52 Week Range||40.01 - 69.11|
|Beta (5Y Monthly)||1.58|
|PE Ratio (TTM)||7.13|
|Earnings Date||Apr 14, 2023|
|Forward Dividend & Yield||2.04 (4.50%)|
|Ex-Dividend Date||Nov 04, 2022|
|1y Target Est||56.47|
NEW YORK, February 02, 2023--Citi’s Issuer Services, acting through Citibank, N.A., has been appointed as the depositary bank by QuantaSing Group Limited ("QuantaSing") – a leading online learning service provider in China's adult learning market, to act as Depositary Bank for its American Depositary Receipt ("ADR") program.
The two megabanks that lagged competitors over the course of the bull market run of the past decade, Wells Fargo (NYSE: WFC) and Citigroup (NYSE: C), are outperforming thus far in 2023. Wells Fargo's stock price is up about 13.8% year to date, while Citigroup was up about 14.2%. Wells Fargo, the fourth-largest bank in the U.S. with about $1.9 trillion in total assets under management, has been dogged by regulatory problems over the past several years.
Citigroup's wealth unit has stopped extending margin loans to its clients against securities of India's embattled Adani group, a source with direct knowledge of the matter said, as the conglomerate reels from a short-seller attack. The group's flagship firm Adani Enterprises shelved its $2.5 billion share sale in a dramatic reversal on Wednesday as a rout sparked by the U.S. short-seller's criticisms wiped billions more off the value of the Indian tycoon's stocks. Citi's wealth unit decided to cut the loan-to-value ratio for credit against Adani securities to zero on Thursday, said the source, who declined to be named due to the sensitivity of the matter.