63.71 -0.50 (-0.78%)
After hours: 7:37PM EST
|Bid||0.00 x 1000|
|Ask||0.00 x 3100|
|Day's Range||64.07 - 65.98|
|52 Week Range||63.18 - 80.70|
|Beta (3Y Monthly)||1.57|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jan 14, 2019|
|Forward Dividend & Yield||1.80 (2.73%)|
|1y Target Est||85.11|
Talks with existing JV partner Orient Securities Co. about Citigroup raising its stake to 51 percent from 33 percent haven’t led anywhere, leading executives to start weighing other options, the people said. Citigroup also wants the JV to push into equities and fixed-income trading, a move that would put it in direct competition with Orient Securities, they said. Citigroup’s deliberations are an echo of JPMorgan Chase & Co.’s move in 2016 to split with its then-JV partner to create a new securities venture.
Investing.com - The Dow tumbled Monday as tech stocks continued to bleed, led by a selloff in Apple on fresh signs of weak iPhone demand.
Goldman Sachs[ticker symb=GS] stock tumbled on Monday, as the fallout deepened over a scandal surrounding the plundering of a Malaysian government investment fund. Other bank stocks also fell. Goldman Sachs Stock Goldman Sachs stock plunged 7.5% to close at 206.05 in the stock market today. The drop follows a 3.9% decline on Friday. The stock over that time has sliced...
Investing.com - Apple shares fell sharply Monday, triggering a rout in the broader tech sector, after one of the its suppliers cut its outlook, fuelling speculation of waning demand for Apple's latest iPhones.
In this daily bar chart of Action Alerts PLUS holding C, below, we can see prices moving lower in a broad bearish channel. The daily On-Balance-Volume (OBV) line shows a peak in August followed by an irregular decline. A bearish OBV line tells me that sellers of C have been more aggressive.
Citibank, N.A. Ecuador Branch, with support from Citi Inclusive Finance and Banco Guayaquil, reached a three-year, $20 million financing agreement in September to expand financial inclusion in Ecuador by supporting Guayaquil’s ability to provide micro-loans through its “Banco del Barrio” program. With over 520,000 previously-unbanked clients that now have “Amiga Accounts” and a $70m loan book to finance microenterprises, Banco Guayaquil’s “Banco del Barrio” is one of the pioneering and most comprehensive inclusive finance programs in Latin America, significantly expanding access to financial services in Ecuador by leveraging a network of more than 4,400 non-bank customer touchpoints across the country.
Citi has today announced the launch of its Multi-Currency Notional Pooling Capabilities in the Netherlands.
is looking for a bigger office in Paris after boosting the number of trading jobs it plans to relocate to the city as the US bank steps up preparations for Brexit. Citi’s decision has been prompted by many staff lobbying for a move to the French capital rather than Frankfurt, people familiar with the deliberations said. The bank is now likely to transfer fewer jobs to the German city, which it has picked as Citi’s main trading hub following the UK’s planned departure from the EU.
The owners of a soaring office tower in the Long Island City neighborhood of Queens are in a tough spot. Savanna, a New York real-estate investor, faces a looming, million-square-foot hole in One Court Square, the 53-story property that many New Yorkers know best as the tower with the Citi sign staring out across the East River. The investment firm is in advanced discussions with Amazon.com to lease much or all that vacant space, if the online retail giant decides to put some of its HQ2 operations in New York, according to people familiar with the matter.
Citigroup (C) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Marcie Allen, music executive and founder of MAC Presents, is an expert at pivoting her career and carving her own path, and has thrived in the music industry for more than two decades. Through her company MAC Presents, Allen creates corporate sponsorships between brands and musicians, forging powerful—and lucrative—deals.
CHICAGO and NEW YORK, Nov. 9, 2018 /PRNewswire/ -- Today, Citi Retail Services (CRS) announced the results of its third-annual nationwide study on evolving consumer shopping trends during the holiday season. The survey of 1,000 U.S. adults found that this holiday season, in addition to rushing to the mall, consumers are increasingly powering up their computers and mobile devices or simply interacting with their virtual assistant. While nearly three-fourths (73%) still plan on visiting a brick-and-mortar store to purchase holiday gifts, a sizable 57% additionally plan on turning to their computer to shop, 42% to their mobile device such as a smartphone or tablet, and 13% to their virtual assistant, such as Alexa or Siri, to facilitate their holiday shopping needs.
A top lawmaker from the party of Mexico's president-elect on Friday pledged the country's leftist majority would act with "prudence" after a surprise bill to limit bank commissions sparked the ...
The enthusiasm is spreading to bank executives who see a bonanza ahead if the president-elect does what’s needed to fix the economy. Just two years after drastically reducing its presence in Brazil, HSBC Holdings Plc is speeding up discussions about coming back to the local markets and creating a full corporate and investment bank, according to a person familiar with the plans.
Citi Community Development has commissioned famed photographer Gus Powell to create Bring Them Homes: Photographs of Resilience, a 30-image exhibition that shines a light on the perseverance and dynamic stories of veterans that were once homeless or at risk of homelessness. The exhibition, curated by the Citi Fine Art Department, will be open to the public and on display at Citi’s Long Island City Offices, 1 Court Square, from November 8th through January 30, 2019. According to the Department of Housing and Urban Development (HUD), more than 40,000 veterans experienced homelessness and nearly 120,000 veterans used an emergency shelter or transitional housing in the United States in 2017.
The Global Family Office Group Guide to Mitigating Potential Reputational Risks
Citigroup Inc., JPMorgan Chase & Co. and Morgan Stanley were hired as global coordinators for the stock sale, which could take place next year in London, the people said, asking not to be named as the details aren’t public. Barclays Plc, Goldman Sachs Group Inc. and Emirates NBD Capital are acting as bookrunners for the listing, the people said, while Evercore is the financial adviser.
NEW YORK/ZURICH (Reuters) - UBS Group AG, Switzerland's largest bank, faces another potentially costly legal battle as the U.S. Department of Justice draws up civil charges over the sale of mortgage-backed securities in the run-up to the 2008 financial crisis. UBS said on Wednesday it expected to be sued by the Justice Department as early as Thursday.
Citi has been named Best Global Private Bank at the PWM/The Banker Global Private Banking Awards 2018, held in London on 7th November. The bank was also named Best Private Bank for Customer Service, retaining the title for the second year running. As well as receiving the top honours, the judges announced that Citi was highly commended for Best Private Bank for UHNW clients and Best Private Bank for Family Offices.
A group of large institutional investors including BlackRock Inc and Allianz SE's Pacific Investment Management Co has sued 16 major banks, accusing them of rigging prices in the roughly $5.1 trillion-a-day foreign exchange market. The lawsuit was filed on Wednesday in the U.S. District Court in Manhattan by plaintiffs that decided to "opt out" of similar nationwide litigation that has resulted in $2.31 billion (£1.76 billion) of settlements with 15 of the banks. The banks being sued are: Bank of America, Barclays, BNP Paribas, Citigroup, Credit Suisse, Deutsche Bank, Goldman Sachs, HSBC, JPMorgan Chase, Morgan Stanley, Japan's MUFG Bank, Royal Bank of Canada, Royal Bank of Scotland, Societe Generale, Standard Chartered and UBS.
A group of large institutional investors including BlackRock Inc and Allianz SE's Pacific Investment Management Co has sued 16 major banks, accusing them of rigging prices in the roughly $5.1 trillion-a-day foreign exchange market. The lawsuit was filed on Wednesday in the U.S. District Court in Manhattan by plaintiffs that decided to "opt out" of similar nationwide litigation that has resulted in $2.31 billion of settlements with 15 of the banks. The banks being sued are: Bank of America, Barclays, BNP Paribas, Citigroup, Credit Suisse, Deutsche Bank, Goldman Sachs, HSBC, JPMorgan Chase, Morgan Stanley, Japan's MUFG Bank, Royal Bank of Canada, Royal Bank of Scotland, Societe Generale, Standard Chartered and UBS.
Ten years after the financial crisis, former Fed chair says US is not ready for the next one.Yahoo Finance's Julie Hyman, Brian Cheung and Adam Shapiro discuss with Bullseye Brief author and publisher Adam Johnson and Fundstrat Global Adivsors Co-founder Tom Lee.
Midterms 2018 leaves a divided Congress. What does this mean? Yahoo Finance's Julie Hyman, Adam Shapiro, and Andy Serwer discuss with Kevin Kelly discuss.