|Bid||75.29 x 1300|
|Ask||75.30 x 900|
|Day's range||73.80 - 75.57|
|52-week range||38.76 - 76.84|
|Beta (5Y monthly)||1.92|
|PE ratio (TTM)||10.36|
|Earnings date||14 Jul 2021|
|Forward dividend & yield||2.04 (2.75%)|
|Ex-dividend date||30 Apr 2021|
|1y target est||85.02|
Citigroup Inc has created a unit within its energy investment bank dedicated to the clean energy transition, aiming to capture more business from the shift towards a lower carbon economy, according to an internal memo seen by Reuters. The entity will be headed by Serge Tismen and Shail Mehta, and will focus on companies including those involved in hydrogen, charging infrastructure, carbon capture and sequestration and biofuels, said the memo, the contents of which were confirmed by a bank spokeswoman on Thursday. The move comes after Citigroup said in March it would consolidate three of its investment banking units - energy, power, and chemicals - into a single entity that would be more responsive to clients' focus on sustainability.
Citigroup (C) faces yet another failure in recouping funds mistakenly transferred to Revlon's creditors.
Citigroup has set a target to hire 1,000 wealth professionals in Hong Kong in the next five years, as it seeks to grow its Asian client assets under management by $150 billion following a record year, a statement from the U.S bank said. The recruitment campaign has already started, with 75 private bankers and relationship managers hired so far in 2021 to build on the $310 billion Asian assets under management to date. The headcount target will include 550 new private bankers and relationship managers by 2025, the statement said.