$132.27
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At Close: Jul 22, 2026
Citi CEO Pulls the Plug on Another Wall Street Franchise
01:27pm, Thursday, 21'st Dec 2023
Citigroup Inc. Chief Executive Officer Jane Fraser is extending her retrenchment strategy by exiting distressed-debt trading -- a cash-intensive business whose profitability can vary widely from year
Citigroup (C) to Shut Distressed-Debt Trading Amid Volatility
12:02pm, Thursday, 21'st Dec 2023
Citigroup (C) is expected to close its global distressed-debt trading business due to volatile returns, inherent business risk and operational challenges.
Citigroup to shut global distressed-debt business - CNBC
05:15pm, Wednesday, 20'th Dec 2023
Dec 20 (Reuters) - U.S. lender Citigroup (C.N) is closing its global distressed-debt business as part of CEO Jane Fraser's overhaul, CNBC reported on Wednesday citing people with direct knowledge of t
Citigroup to close global distressed-debt business as part of CEO Jane Fraser's overhaul
03:39pm, Wednesday, 20'th Dec 2023
Citigroup is exiting businesses with poor returns to bolster the bank's odds of hitting Fraser's performance targets.
Citigroup (C) to Exit Muni Business, Focus on Core Strengths
12:47pm, Tuesday, 19'th Dec 2023
Citigroup (C) plans the sale of its municipal bond business. The move underlines efforts to eliminate non-profitable segments and focus on core strengths to enhance profitability.
This is a good time to invest in a bond fund and this manager has an advantage over his largest competitors
10:02am, Tuesday, 19'th Dec 2023
Long-term interest rates have been declining rapidly over the past two months. The timing is still good for income-seeking investors to buy shares of bond funds and one excellent example is the ICON F
Citi and JPMorgan upgraded to ‘buy' at Daiwa
01:31pm, Monday, 18'th Dec 2023
The 'Halftime Report' Investment Committee debate the bank trade in one of the biggest analyst calls of the day.
Citigroup's (C) Mexican Arm Banamex to Separate by Late 2024
12:47pm, Monday, 18'th Dec 2023
Citigroup (C) will reportedly split its Mexico retail unit Banamex from its corporate and investment banking business in the country by the second half of 2024.
Citigroup: Macro May Be Setting The Stage For A Monster Rally In 2024
07:43am, Sunday, 17'th Dec 2023
Bank stocks are cheap and could see higher multiples with rate cuts and a manageable credit environment. Citigroup has lately been making good progress in restructuring its operations, setting up for
Citigroup employees, on edge over layoffs, told they can work remotely until the new year
12:39pm, Friday, 15'th Dec 2023
Citigroup employees worried about CEO Jane Fraser's sweeping overhaul expressed concern over whether their jobs will exist in the new year.
Citigroup to end municipal underwriting and market-making division
11:37am, Friday, 15'th Dec 2023
Citigroup Inc (NYSE:C) is shutting down its municipal underwriting and market-making division, according to an internal memo, Reuters reported. “The economics of these activities are no longer viab
Citigroup shutting down municipal bond trading unit: WSJ
07:10am, Friday, 15'th Dec 2023
Citigroup Inc.'s stock C, +1.82% was up by 0.7% in premarket trading on Friday after the bank said in an internal memo it's shutting down its municipal underwriting and trading units by March 31 of 20
Citigroup closes municipal underwriting and market-making unit- memo
06:15pm, Thursday, 14'th Dec 2023
Citigroup has decided to close its municipal underwriting and market-making activities, according to a memo seen by Reuters.
Citigroup Is Shutting Down Municipal Business
06:15pm, Thursday, 14'th Dec 2023
Citigroup Inc. is shutting its municipal business as it seeks to increase the firm's overall returns. Sally Bakewell reports on Bloomberg Television.
Bond prices rally for JPMorgan, Morgan Stanley, Goldman Sachs and Bank of America as sentiment turns bullish on money-center banks
03:11pm, Thursday, 14'th Dec 2023
Corporate bonds from the big money-center banks are rallying in concert with their stock prices amid more bullish sentiment on Wall Street about potential interest-rate cuts in 2024.
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