CHARLOTTE, North Carolina – Shares of Citigroup Inc., once the most powerful U.S. bank, fell below $1 a share Thursday. The stock fell to 98 cents in late morning trading, down 15 cents or 14.2 percent from Wednesday. New York …
(Disclosure: I serve, uncompensated, on the private, nonprofit Systemic Risk Council founded by Ms. Bair.) Citigroup’s stock was up 1.6 percent on Tuesday, as shareholders responded positively to the announcement – and perhaps to the …
On 9/17/14, Citigroup Inc's 7.125% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series J (Symbol: …
WASHINGTON (AP) — The Treasury Department said it will sell 1.5 billion shares of Citigroup stock over the next two months, the latest effort to recoup money from the government’s $700 billion financial bailout. The third phase of …
Citigroup Inc. will resume paying a nominal dividend after it uses a reverse stock split to shrink the number of shares outstanding, taking a small step in its recovery from the financial crisis. Citigroup will pay a quarterly dividend of a …
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 …
The nation's largest financial institution said most of the charge will go toward covering the cost of last week's settlement over allegations of biased stock analysis as well as related lawsuits and fallout from the Enron Corp. scandal. …
Wall Street found some relief Friday from a report that a pounded-down Citigroup Inc. might put itself up for sale. That prospect, along with the possibility that low prices will draw in bargain-hunters after two days of steep selling, sent …
Citigroup Inc. (NYSE: C) is defying the market trends so far on Wednesday as the company’s annual shareholder meeting. The bank is still in what will be a multiyear turnaround. At the company’s annual shareholder meeting we have …
WASHINGTON (AP) — 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 …