NEW YORK - Citigroup's surprisingly low pricing of a stock offer this week provides a clear sign investors are still nervous about the banking giant's ability to regain its financial health. On Wednesday, Citigroup Inc. said it would sell 5.4 …
Citigroup Inc on Thursday said it may conduct a reverse stock split as part of an exchange offer that could give the U.S. government a 36 percent stake in the bank. Citigroup said it will also seek shareholder approval to conduct a reverse …
NEW YORK -- Financial stocks surged on Thursday, helping push the market to its biggest gain in almost two weeks. Citigroup jumped after reporting that its earnings rose sharply in the third quarter as the bank continued to cut …
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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Citigroup Inc. has completed its $58 billion stock offering, a move that strengthens the struggling bank's balance sheet and makes way for the U.S. government to take ownership of a 34 percent stake. Citi said late Sunday that nearly all …
Citigroup (NYSE: C) has done a lot over the past decade to streamline its operations and reduce risk, but it's still one of the riskiest banks you can invest in. One place this shows up is in Citigroup's source of funds. To understand this, it's …
Citigroup Inc. (C) said that it intends to apply for the delisting of its common stock from the Tokyo Stock Exchange or TSE. Delisting is expected to come into effect by the end of August 2016, subject to receipt of TSE approval. Citi has …
If the Great Recession and the banking expression "too big to fail" had a poster child, you could put your money down on Citigroup (ticker: C) -- in fact, $20 billion worth. That's how much the company paid back to the federal government's …
Shares is the leading weekly publication for high net worth private investors and stock market professionals and as such is read weekly by thousands of private investors, analysts, fund managers, stockbrokers and company directors. …
Citigroup Inc. is redeeming, in whole, all $96.8 million aggregate liquidation preference of Depositary Shares representing interests in its 8.125% Series AA Noncumulative Preferred Stock (ticker “C PR P”) (the “Preferred Stock”). The …