Citigroup Stock News

Danielle Thornton told the BBC she didn''t plan to leave Citi but said: "We should all have the freedom to choose what we put into our body."

American Megabanks Including Citi & JPM Order Workers Back To The Office In London & NYC In the latest sign that the "elites" have finally had enough of pretending to care about COVID safety precautions , two American megabanks announced on Friday new plans to recall workers to the office. First, Citigroup (which unveiled a draconian vax mandate earlier this month with a deadline of compliance that has already passed) emailed a notice to staffers in the Greater NYC area asking them to start preparing to return to the office. It even set a preliminary date of Monday, Feb. 7 as the new ''first day back'' for offices in NY, NJ & CT. Citi has said it plans to continue to closely monitor local health data wherever it has offices across the US. Meanwhile, across the pond, the bank has asked its London staff to report to their office desks at least three days a week once the British government has finally decreed that Britons no longer need to work from home, according to Bloomberg. For the record, the NYC-based bank asked its workers to revert to working from home at the start of the year as the US CDC''s case numbers soared.

The Wall Street giant is asking all tri-state area employees to return to the office Feb. 7 as cases of coronavirus gradually subside.

Under Armour (UAA) trades higher after Citi turns constructive on the upside with an upgrade to a Buy rating from Neutral. Read more.

The Citi Double Cash card earns 2% cash back (1% when you buy and 1% when you pay) on all purchases but in March 2022 it''s making some changes.

Futures Recover From Wednesday Rout As Yields, VIX Stabilize Whereas the stock plunge on Tuesday could be blamed on surging rates, the repeat tumble on Wednesday took place as Treasury yields dropped sharply, so with markets at a loss how to read rate signals, so far this morning S&P e-mini futures have rebounded by 23 points ot 0.5% from yesterday''s low just above 4,500 - a key support level according to JPMorgan - as volatility eased and global bond yields appear to have stabilize for now, and hours after China''s latest easing measure when Beijing lowered mortgage lending benchmark rates on Thursday as monetary authorities step up efforts to prop up the slowing economy. 10Y Treasuries rose from session lows, last trading at 1.84%, European stocks fluctuated as the dollar index was little changed and crude oil slipped after a three-day rally as gold held around a two-month high. China''s cut to the one-year and five-year loan prime rates (LPR) which lowered the one-year LPR by 10 basis points to 3.70% from 3.80% - the second consecutive monthly cut - and the five-year LPR by 5 basis points to 4.60% from 4.65%, its first cut since April 2020. ... followed surprise cuts by China''s central bank on Monday to its short- and medium-term lending rates, and came days after the central bank''s vice governor flagged more moves ahead.

MOODYS Investors Service has downgraded its outlook for Union Bank of the Philippines to negative from stable following

Citigroup to Sell Southeast Asia Consumer Businesses to Singapore''s UOB Barron''s

Citibank credit card net charge-off rate of 0.97% in December improves from 1.19% in November, taking the three-month average down to 1.05%. Its card delinquency rate of 0.81% is

Citi (C) and Bloomberg publicized today an integration between Citis proprietary ACES (Citi Advanced ETF System) platform and Bloombergs BSKT service.

A deal to sell Citigroup''s (C) Taiwan consumer bank to Singapore-based DBS (DBSDF) (DBSDY) for ~$2B could be announced by the end of January, the Wall Street Journal reports, citing

A deal would help Fubon strengthen its foothold in the mainland, where it acquired a controlling stake in Shanghai-based First Sino Bank in 2014 and later changed its name to Fubon Bank China, according to its website

Goldman Sachs (GS) will report its Q4 earnings before the bell on Tuesday. JPMorgan (JPM) and Citigroup (C) took the ball last week and fumbled it, so

Another Indian lender, Kotak Mahindra Bank is still in the race but has submitted a lower bid than Axis Bank so ranks second in Citi''s order of preference

Mexican entrepreneur Garza Calderon confirms interest in Citi asset sale