Citigroup Stock News

The US bank is hiring 30 bankers in the southern Spanish city to support traditional financial hubs

Citigroup said on Monday that it is no longer taking on new clients in Russia and will further cut its exposure in the country

The bank announced plans to wind down its operations in Russia.

Citigroup Inc has exposure of nearly $10bn in Russia, the most of any US bank.

Beacon Roofing Supply, Inc. (NASDAQ: BECN ) entered an accelerated share repurchase agreement with Citibank N.A to repurchase $125 million … Full story available on Benzinga.com

Citigroup''s (C) Treasury and Trade Solutions on Monday launched a solution that allows institutional clients with U.S

Citi analyst Scott Gruber downgraded NOV (NOV) and Cactus (WHD) to hold ahead of the open Monday, citing year-to-date outperformance and supply chain challenges. Gruber upgraded…

Citigroup and Deutsche Bank are joining their Wall Street peers exiting operations in Russia after the country’s invasion of Ukraine.

Citi will expand its exit, announced last April, and stop seeking new clients in Russia.

The group will also stop soliciting new business or clients from Russia. It had said in April 2021 that it would leave the consumer-banking business there.

New York Community's (NYCB) launch of its bank-on-certified checking account underlines efforts to equip consumers to monitor and improve their finances in a safe and affordable manner.

Citigroup is expanding the scope of its exit from Russia beyond its consumer business to encompass all other lines of business and to continue reducing its remaining operations…

Citi could have to book major losses from its loans in Russia, according to an analyst from Wells Fargo.

Citigroup found using ticker (C) have now 24 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The target price ranges between 120 and 64 calculating the average target price we see 81.74. Given that the stocks previous close was at 54.88 this is indicating there is a potential upside of 48.9%. The day 50 moving average is 63.3 and the 200 moving average now moves to 67.79. The company has a market cap of $107,468m. You can visit the company''s website by visiting: https://www.citigroup.com [stock_market_widget type="chart" template="basic" color="green" assets=C" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $160,066m based on the market concensus. Citigroup , a diversified financial services holding company, provides various financial products and services to consumers, corporations, governments, and institutions in North America, Latin America, Asia, Europe, the Middle East, and Africa. The company operates in two segments, Global Consumer Banking (GCB) and Institutional Clients Group (ICG).