|Bid||67.45 x 3000|
|Ask||67.59 x 900|
|Day's range||66.50 - 67.72|
|52-week range||48.42 - 75.24|
|Beta (3Y monthly)||1.86|
|PE ratio (TTM)||9.82|
|Earnings date||15 Jul 2019|
|Forward dividend & yield||1.80 (2.90%)|
|1y target est||80.13|
Russia’s central bank shifted solidly to monetary easing, saying its first interest rate cut in more than a year on Friday could be followed by two more in 2019, as inflation slows and growth sputters. The move makes Russia the latest emerging market to shift toward more dovish policy as escalating trade woes weigh on growth. The change in trajectory of interest rates in developed economies reduces the risk of persistent outflows from emerging markets, the Bank of Russia said in a statement.
Strong fundamentals, prospects and efforts to further expand revenues are expected to drive JPMorgan (JPM) in the quarters ahead.
On June 3, 2019, the Mexican Banking and Securities Commission authorized Citigroup Inc. to deregister its common stock from the Mexican Securities Registry and delist from the Mexican Stock Exchange, effective at the end of the trading day on July 10, 2019.
Given the chances of a Fed rate cut early next month, State Street (STT) reduces revenue expectation for the second quarter of 2019.
Are you worried your parents didn’t teach you enough about money? You’re not alone. Nearly one in four adults in the U.S. -- 24%, according to the study -- say their parents didn’t give them any sort of financial education growing up, according to a new report.
South Africa's antitrust tribunal concluded on Wednesday that it has no powers to charge foreign banks being investigated in an exchange-rate rigging case unless they have a presence in the country. Partly on that basis, the tribunal sent the case back to the country's competition watchdog, giving it 40 days to clarify the charges it plans to bring. In a probe that has rumbled on since 2015, the Competition Commission has been seeking fines against 23 local and foreign banks that it alleges colluded to coordinate activities when giving quotes to customers buying or selling the rand and the dollar.
Citigroup's (C) lack of internal control measures, as stated by the Financial Services Agency, results in a ban on the company from availing some special auction participation entitlements.
Citigroup will issue its second quarter results via press release at approximately 8:00 AM on Monday, July 15, 2019. At 10:00 AM , results will be reviewed via live webcast and teleconference.
Citigroup (C) seeks to bolster presence in Southeast Asian markets with the support of Grab's popularity and strong demand in the area.
The Ministry of Finance ordered Citigroup Global Markets Japan Inc.’s exclusion from participating in “non-price competitive auctions” and certain other government bond sales for a month from June 13, it said in a statement Tuesday. The suspension comes days after the Financial Services Agency fined the firm 133 million yen ($1.2 million) and ordered it to improve internal controls for failing to detect instances of manipulation of the Japanese government bond market. Citigroup was found to have placed orders last October for JGB futures contracts without intending to execute them, a practice known as spoofing.
Citigroup has teamed up with Singapore-based ride-hailing firm Grab to launch co-branded credit cards, as it looks to boost its Asian customer base by about 13% via partnerships with digital firms, a senior Citi executive said. The new cards mark the latest step in Grab's big push into the financial services sector, an area it has earmarked for growth. The Citi-Grab co-branded cards will be issued in the Philippines on Tuesday and in Thailand later this year, before being rolled our in other Southeast Asian markets.
If you’ve taken a look at bedraggled bank stocks and expectations of an interest rate cut and think now might be a good time to buy financials, think again, KBW says.
Wells Fargo (WFC) continues to make efforts to settle a two-year old lawsuit in order to concentrate more on the core business.
Today, Citi celebrates its 14th annual Global Community Day with 110,000 Citi volunteers in more than 400 cities across 90 countries and territories participating in service activities in their local communities.
Financial stocks swung to losses in premarket trade Friday, after a big miss in the May jobs report sent Treasury yields lower, which could weigh on bank profits. The SPDR Financial Select Sector ETF fell 0.4% in premarket trade, after being up 0.3% just before the data was released. Among the ETF's most heavily weighted components, shares of J.P. Morgan Chase & Co. fell 0.7% after being up 0.3% just before the data; Bank of America Corp. swung to a loss of 1.0% after being up 0.3%; Citigroup Inc. dropped 1.1% after being up 0.3%; and Wells Fargo & Co. lost 0.7%, after gaining less than 0.1%. The yield on the 10-year Treasury note fell 3.9 basis points toward a 21-month low of 2.084%. Lower longer-term interest rates could hurt bank profits, as it could narrow the spread between what the banks make on longer-term assets, such as loans, and the costs of shorter-term liabilities. Meanwhile, futures for the Dow Jones Industrial Average inched up 4 points.
Swiss COMCO fines big global banks around 90 million Swiss francs ($91 million) for rigging prices in the foreign exchange market.
* European shares flat * ECB pushes back rate hike as outlook darkens * ECB reveals TLTRO details but banks slide * Renault tumbles after Fiat Chrysler withdraws merger offer * German property stocks fall on report of Berlin rent cap * Wall Street ekes out gains at open on rate cut hopes June 6 - Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Danilo Masoni.
* European shares rise after sluggish open, up 0.7% * All eyes on ECB meeting, measures for banks * Renault tumbles after Fiat Chrysler withdraws merger offer * German property stocks fall on report of Berlin rent cap June 6 - Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Danilo Masoni. Renault shares are tanking, but rest of the sector is pretty stable.
Barclays was fined 27 million francs, Citigroup 28.5 million francs and JPMorgan Chase & Co. was hit with a 9.5 million-franc penalty, Switzerland’s Competition Commission said Thursday. UBS Group AG avoided a fine because it helped reveal the existence of the cartel.
* European shares rise after sluggish open, up 0.6% * All eyes on ECB meeting, measures for banks * Renault tumbles after Fiat Chrysler withdraws merger offer * German property stocks fall on report of Berlin rent cap June 6 - Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Danilo Masoni. Reach him on Messenger to share your thoughts on market moves: firstname.lastname@example.org UK STOCKS DISCOUNTING A HARDER BREXIT (0936 GMT) Uncertainty over Britain's next Prime Minister has resulted in a sluggishness descending over UK markets, with sterling hardly budging as traders are reluctant to place bets on a crowded field of candidates.