Citigroup Inc. today announced it has agreed, subject to court approval, to settle a class action lawsuit brought on behalf of investors who purchased Citigroup common stock during the period February 26, 2007 through April 18, 2008. …
New Delhi: Domestic fund flows to stock markets could potentially double in the financial year 2018-19 to $55 billion, from $28 billion recorded last fiscal, says a Citigroup report. Domestic flows into the mutual fund sector have been …
Citigroup cut its price target on State Bank of India to Rs 2,650 from Rs 3,110 and said the near-term earnings outlook for the country’s top lender remains clouded as it needs to catch up on loan-loss provisions. Citigroup lowered its fiscal …
US stocks tumbled at the market opening today (overnight AEDT) after banking giant Citigroup wrote off $19.3 billion in investments mostly tied to sub-prime mortgages. The Dow Jones Industrial Average dropped 99.18 points (0.78 per …
The US Treasury Department said it has launched a fourth sale of 1.5 billion shares of Citigroup Inc common stock under a prearranged trading plan. The Treasury received 7.7 billion Citigroup shares in exchange for 45 billion US dollars in …
Citigroup is nearing a deal with the U.S. government to begin repaying some of the billions in bailout aid it has received, according to a published report. Citing unnamed people familiar with the matter, The Wall Street Journal reported on its …
Citigroup, world's leading financial conglomerate with operations in investment banking and insurance, has set to enter into the local stock market as a merchant banker. This is the first foreign financial institution that received license from …
NEW YORK — Citigroup has become the latest big bank to quell Wall Street's worries about a financial sector implosion, posting a $2.5 billion second-quarter loss that was smaller than expected. Citi rose nearly 8 percent Friday and helped …
The US government may step in to rescue Citigroup Inc after a crisis in confidence erased half the banks stock-market value in three days, according to investors and analysts. Citigroups $2 trillion of assets dwarfs companies such as …
From Huffington Post: Investors have been anticipating that the overall number of shares would increase and therefore reduce the value of each share. But investors also seemed to welcome the report because it lessened uncertainty …