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. 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 …
Citigroup's (NYSE: C) 1-for-10 reverse stock split will be effective after the close of trading Friday, May 6th, with shares trading on a split-adjusted basis at the opening of trading Monday May 9th. The reverse stock split greatly reduces the …
Intends to Reinstate Common Stock Dividend of $0.01 per Share Citigroup Inc. today announced a 1-for-10 reverse stock split of Citigroup common stock. Citi also announced that it intends to reinstate a quarterly dividend of $0.01 per …
Deposits climbed 3 percent to $964 billion, and end-of-period loans ticked higher by 2 percent to $653 billion. Citigroup’s stock initially traded higher by 0.4 percent. Investors generally see a positive environment for big banks headed into 2018.
The Financial Industry Regulatory Authority has fined Citigroup $650,000 for violation of disclosure and supervisory norms involving a stock borrow programme. The borrowed securities went into a pool of securities used, among other things, to …
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 …