C - Citigroup Inc.
67.48 +0.10 (0.15%)
After hours: 4:38PM EDT
| Previous close | 66.78 |
| Open | 67.72 |
| Bid | 67.35 x 3000 |
| Ask | 67.48 x 800 |
| Day's range | 67.13 - 67.95 |
| 52-week range | 63.16 - 80.70 |
| Volume | 16,562,275 |
| Avg. volume | 17,258,506 |
| Market cap | 171.814B |
| Beta | 1.47 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -2.83 |
| Earnings date | 13 Jul 2018 |
| Forward dividend & yield | 1.28 (1.93%) |
| Ex-dividend date | 2018-05-04 |
| 1y target est | 83.79 |
- Business Wire•24 minutes ago
Citi Second Quarter 2018 Fixed Income Investor Review
John Gerspach, Chief Financial Officer, and Michael Verdeschi, Treasurer, will conduct the Citigroup second quarter 2018 Fixed Income Investor Review at 11:00 AM on Thursday, July 26, 2018.
- MarketWatch•3 hours ago
The auditor of Citi, Credit Suisse and Deutsche Bank was tipped off before regulatory inspection
Court filings: KPMG employees would receive bonuses if their engagements received no comments from inspectorsReutersFormer KPMG executives are on trial for obtaining confidential information about audit inspections. The auditor of some of the world’s largest banks including Citigroup, Credit Suisse and Deutsche Bank was tipped off before a regulator inspected them. It’s been previously reported that KPMG executives were able to extract from the regulator, the Public Company Accounting Oversight Board, confidential information ahead of inspections, and use that information to correct their work and at least in one instance, withdrawn an opinion.
- Motley Fool•4 hours ago
Citigroup Stock Upgraded: What You Need to Know
Deutsche Bank expects its peer to pop after stress test results come out.
- CNBC•6 hours ago
JP Morgan is unleashing artificial intelligence on a business that moves $5 trillion for corporations every day
A business at the heart of global commerce is about to get an upgrade in the form of an AI-powered assistant from J.P. Morgan.
- Barrons.com•6 hours ago
Citigroup Shares Won't Sweat the Stress Test
Shares of Citigroup (C) are on the rise, following a vote of confidence from Deutsche Bank. Analyst Matt O-Connor upgraded Citi to Buy from Hold, and raised his price target by $2 to $76. He writes that ...
- CNBC•7 hours ago
Buy beaten-down Citi shares ahead of stress test results and earnings, Deutsche Bank says
Deutsche Bank upgraded Citigroup shares to buy from hold, noting the stock could get a boost from beaten-down levels given upcoming stress test results and a better business environment.
- Reuters•2 days ago
Roche pays $2.4 billion for rest of cancer expert Foundation Medicine
ZURICH/LONDON (Reuters) - Swiss drugmaker Roche (ROG.S) is paying $2.4 billion (1.81 billion pounds) to buy the rest of Foundation Medicine (FMI) (FMI.O), raising its bet on the U.S. genomic profiling group's ability to personalise cancer care. The deal, backed by the boards of both companies, is worth $137 per share - a premium of 29 percent to FMI's closing price on Monday - valuing the Cambridge, Massachusetts-based company at $5.3 billion. It is the latest in a series of bolt-on acquisitions by Roche as the world's largest marker of cancer drugs seeks to tap into promising technology developed by biotech companies to drive future growth as its older drugs face competition.
CNBC•2 days agoFocusing on big bank stocks is 'missing the whole ballgame': Analyst Dick Bove
The big bank stocks aren't having a great year, but there are plenty of opportunities beyond the largest names, says Dick Bove.
- Business Wire•2 days ago
Citi Private Bank Congratulates Fernando Alonso on the 24 Hours of Le Mans Win
NEW YORK--(BUSINESSWIRE)-- Citi Private Bank ardently congratulates Fernando Alonso for his impressive win at The 24 Hours of Le Mans this past weekend. Mr. Alonso, who is also a two time Formula One World ...
- Business Wire•2 days ago
Citi Private Bank Congratulates Fernando Alonso on the 24 Hours of Le Mans Win
Citi Private Bank ardently congratulates Fernando Alonso for his impressive win at The 24 Hours of Le Mans this past weekend.
- Zacks•2 days ago
Citigroup Resolves LIBOR Manipulation Probe, To Pay $100M
Citigroup (C) resolves interest-rate manipulation case agreeing to pay charges of $100 million to 42 states.
Associated Press•5 days agoCitigroup to pay $100M to settle rate manipulation charges
Citigroup agreed Friday to pay $100 million to settle charges that its bankers manipulated an important interest rate used to price everything from credit cards to mortgages. It is the latest major bank to settle charges related to the manipulation of the London Interbank Offered Rate, better known as Libor. Citi will pay $100 million to the New York State Attorney General's office and 41 other states involved with the investigation, New York Attorney General Barbara Underwood said Friday.
- Business Insider UK•5 days ago
Citigroup to pay $100M to settle rate manipulation charges
Citigroup is agreeing to pay $100 million to settle charges that its bankers manipulated an important interest rate used to price everything from credit cards to mortgages. It is the latest bank to settle charges related to the manipulation of the London Interbank Offered Rate, better known as Libor. Citi will pay $100 million to the New York State Attorney General's office and 41 other states involved with the investigation, New York Attorney General Barbara Underwood said Friday.
- Business Insider UK•5 days ago
Citigroup to pay $100M to settle rate manipulation charges
Citigroup is agreeing to pay $100 million to settle charges that its bankers manipulated an important interest rate used to price everything from credit cards to mortgages. It is the latest bank to settle charges related to the manipulation of the London Interbank Offered Rate, better known as Libor. Citi will pay $100 million to the New York State Attorney General's office and 41 other states involved with the investigation, New York Attorney General Barbara Underwood said Friday.
Reuters•5 days agoCitigroup to pay $100 million to settle U.S. Libor rigging probe
Citigroup Inc (C.N) agreed to pay $100 million to settle charges by most U.S. states that it defrauded government and nonprofit entities by manipulating Libor, an interest rate benchmark that underlies a wide range of consumer transactions. The settlement with the third-largest U.S. bank was announced on Friday by New York State Attorney General Barbara Underwood, whose office has led a probe by 41 states and Washington, D.C. of rate rigging by several banks. Citigroup did not admit or deny wrongdoing, and agreed to cooperate.
- Reuters - UK Focus•5 days ago
Citigroup to pay $100 million to settle U.S. Libor rigging probe
Citigroup Inc (NYSE: C - news) agreed to pay $100 million to settle charges by most U.S. states that it defrauded government and nonprofit entities by manipulating Libor, an interest rate benchmark that underlies a wide range of consumer transactions. The settlement with the third-largest U.S. bank was announced on Friday by New York State Attorney General Barbara Underwood, whose office has led a probe by 41 states and Washington, D.C. of rate rigging by several banks.
Reuters•5 days agoCitigroup to pay $100 million in rate-rigging settlement
NEW YORK (Reuters) - Citigroup Inc (C.N) has agreed to pay $100 million (75.3 million pounds) to settle charges by most U.S. states that it rigged the Libor benchmark interest rate to boost profit at the ...
- Bloomberg•5 days ago
Citigroup Agrees to Pay $100 Million to 42 States in Libor Probe
Citigroup Inc. agreed to pay 42 states a combined $100 million to resolve a probe into fraudulent conduct tied to interest-rate manipulation that impacted financial instruments worth trillions of dollars. The settlement was announced Friday by several of the states, who alleged Citigroup misrepresented the integrity of the Libor benchmark to state and local governmental, not-for-profit organizations and institutional trading counterparties. “Our office has zero tolerance for fraudulent or manipulative conduct that undermines our financial markets,” New York Attorney General Barbara Underwood said in a statement.
- Bloomberg•5 days ago
Citigroup Agrees to Pay $100 Million Over State Libor Probes
Citigroup Inc. agreed to pay a combined $100 million to 42 U.S. states to resolve a probe into fraudulent conduct tied to interest-rate manipulation that affected financial instruments worth trillions of dollars. The settlement was announced Friday by several of the states, who alleged Citigroup misrepresented the integrity of the Libor benchmark to state and local governments, not-for-profit organizations and institutional trading counterparties, sometimes to protect the bank’s own reputation.
- Bloomberg•5 days ago
Citigroup Outpaces Its Rivals in the Game of Risk
When it comes to risky trading, Citigroup Inc. may have a reason to protest too much. At an analysts’ conference on Wednesday, Citigroup CFO John Gerspach was asked about a recent proposed change to the Volcker Rule — the Dodd-Frank regulation that limits banks’ ability to make market bets with their own capital.
- Simply Wall St.•6 days ago
Should You Be Concerned About Citigroup Inc’s (NYSE:C) Risks?
As a US$171.59B market capitalisation company operating in the financial services sector, Citigroup Inc (NYSE:C) has benefited from strong economic growth and improved credit quality as a result of post-GFCRead More...
CNBC•6 days agoJulian Robertson says FANG stock valuations are 'cheap' versus the market
Julian Robertson believes the top American technology firms are the "greatest companies in the world."
- Associated Press•6 days ago
Fed sets limits on biggest banks' loans to each other
The Federal Reserve has set limits aimed at addressing one of the leading causes of the 2008 financial crisis — the buildup of loans extended by one bank to another among the biggest Wall Street institutions. At a meeting Thursday, the Fed governors adopted a new rule that caps a big bank's credit exposure to another bank. The rule is close to a proposal the central bank floated two years ago, but it makes revisions for the credit limits to be tailored to the size of the bank.
- Forbes•6 days ago
Five Largest U.S. Investment Banks Have Over $1.5 Trillion In Securities Trading Assets
The securities trading industry fell out of favor in the wake of the economic downturn, as stricter regulatory requirements coupled with restrictions to proprietary trading activity, forced major investment banks globally to implement sizable cuts to their trading portfolio. The figures here have been compiled from the annual reports of individual banks over the years, and represent the sum of trading assets as well as derivative assets on their balance sheet at the end of a period.
- Bloomberg Video•8 hours ago
Wells Fargo Faces Elevated Risk in Stress Tests, Says RBC's Cassidy
Jun.20 -- Gerard Cassidy, head of bank equity research at RBC Capital Markets, and Catherine Mann, global chief economist at Citi Research, discuss expectations for the latest round of the Federal Reserve's bank stress tests and examine the health of U.S. banks. They speak on "Bloomberg Daybreak: Americas."
