Citigroup, Inc. (C) News

Citigroup, Inc. (C)

Today's Latest Price: $43.12 USD

0.83 (-1.89%)

Updated Oct 26 9:38am

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Ranked of 10 in Money Center Banks

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Latest C News From Around the Web

Below are the latest news stories about Citigroup Inc that investors may wish to consider to help them evaluate C as an investment opportunity.

Citigroup Is Cheap As Chips; Still A Strategic Shift Can Unlock Massive Shareholder Value

The COVID-19 crisis has been the great accelerator in many areas. This unprecedented crisis has also exposed Citigroup's (C) strategic vulnerabilities inherent in its business model. Putting it simply, running an emerging-markets global consumer bank under the umbrella of a globally-systemic bank in hindsight is completely sub-optimal (if not insane!)....

IP Banking Research on Seeking Alpha | October 2, 2020

Former Standard Life boss has appointment to audit watchdog delayed

Ex Standard Life boss Keith Skeoch is facing a delay to being made chair of the Financial Reporting Council, according to reports. Skeoch stood down from the top of Standard Life Aberdeen in June, and former Citigroup executive Stephen Bird officially took over his role in September. In August, reports emerged that Skeoch was due […] The post Former Standard Life boss has appointment to audit watchdog delayed appeared first on Money Marketing .

Money Marketing | October 1, 2020

Bank Of America Can Still Decline Like Every Other Bank

Bank of America (BAC) is one of the most highly regarded financial stocks on both Seeking Alpha and Wall Street in September 2020. It is Warren Buffett’s favorite bank holding at Berkshire Hathaway (BRK.A, BRK.B). As a result of Mr. Buffett's position, many investors believe this corporation is the “safest”...

Paul Franke on Seeking Alpha | September 30, 2020

Citigroup's new equity chief begins trimming jobs

To review, Fater Belbachir joined Citigroup (C) last month from Barclays, tasked with putting a charge into the bank's equities business. There's also the upcoming exit of Michael Corbat from the CEO spot, to be replaced by Jane Fraser, the current head of Citi's Consumer Banking unit.According to a CNBC story, Belbachir...

Seeking Alpha | September 30, 2020

Citigroup’s new stock-trading chief is cutting jobs in effort to revive the flagging business

The moves are just the first steps that Fater Belbachir, who joined Citigroup from Barclays last month to jump-start the firm's equities business, is expected to take.

CNBC | September 30, 2020

Citigroup's Ray McGuire turns to tech exec Charles Phillips as advisor for likely NYC mayoral campaign

Citigroup executive Ray McGuire is turning to former Infor CEO Charles Phillips as an advisor for what appears to be a likely run for mayor of New York.

CNBC | September 30, 2020

U.S. Fed to extend curbs on big bank buy backs, dividends through end of year

The U.S. Federal Reserve will curb big bank capital distributions through the end of the year, meaning the likes of JPMorgan Chase & Co, Citigroup Inc., Wells Fargo & Co and Bank of America Corp.will be barred from share buy backs and will have to…

Reuters | September 30, 2020

Amazon to Lease Three Floors in Singapore’s Asia Square and More Asia Real Estate Headlines

The importance of tech occupiers to Asia’s office landlords was underlined yet again today when Amazon was reported to be taking over three floors in a trophy office tower in Singapore from Citigroup. Also in the news,… Read More>> The post Amazon to Lease Three Floors in Singapore’s Asia Square and More Asia Real Estate Headlines appeared first on Mingtiandi .

Mingtiandi | September 30, 2020

Central bank gold buying to climb from near decade low

Citigroup sees demand from the official sector rising to about 450 tonnes after a drop to 375 tonnes this year. | September 30, 2020

FFC: Providing Attractive Monthly Income, Yielding 7.46%

Written by Nick Ackerman, co-produced by Stanford Chemist The Flaherty & Crumrine Preferred and Income Securities Fund (FFC) is currently trading around its average premium. This has come as the volatility of the last couple of weeks has brought the double-digit discount to a mid-single digit premium of 5.62%. Funds...

Nick Ackerman on Seeking Alpha | September 29, 2020

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