Over the past five years, Citigroup's book value per share, which heavily dictates a bank's share price over a long period of time, has increased on a year-over-year basis by a median of 5.4%. That won't make you rich overnight, but the returns …
Over the past year, shares of Citigroup (NYSE: C) have climbed 47%. That's more than double the return on the S&P 500, and it comfortably exceeds other big banks as well, with the KBW Bank Index returning 38% since this time last year. …
NEW YORK (CNNMoney) - Short-term pain. Long-term gain. Big banks are taking huge hits to their profits because of the corporate tax cut. Citigroup posted a whopping $18.3 billion quarterly loss on Tuesday, after it took a one-time charge …
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For the most part, investors who have dared to bet on a turnaround of Citigroup Inc. have made some tidy profits over the past year or so. The latest example is the Kuwait Investment Authority – a sovereign wealth fund — that made a …
WASHINGTON - The government says it will conduct a fourth round of sales of Citigroup common stock, its latest effort to recoup costs from the $700 billion financial bailout. The Treasury Department said today that it had given Morgan …
Instead, they converted the $25 billion in bailout bucks they had already given Citigroup into stock that investors will be able to buy. The Treasury Department also got big private investors, including the government of Singapore and Saudi …
WASHINGTON -- The Treasury Department said Monday that its first sales of Citigroup stock will cover up to 1.5 billion shares. That would amount to about 20 percent of the 7.7 billion shares of Citigroup common stock that the …
Big banks are taking huge hits to their profits because of the corporate tax cut. Citigroup posted a whopping $18.3 billion quarterly loss on Tuesday, after it took a one-time charge of $22 billion because of the tax cut. And its stock went up. …
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