Citigroup Stock News

Citigroup asks U.S. employees to return to office from March 21 - memo

MEXICO CITY (Reuters) – Executives for London-based HSBC, which controls one of the largest banking operations in Mexico, have told investors the chain is not interested in buying out Citigroup’s consumer bank in the country, known as Banamex.

Citigroup executives will lay out detailed plans for generating better returns and address concerns over expenses at a shareholder meeting next month which analysts and investors say could

Citigroup readies wide-ranging plan to win over skeptics

MEXICO CITY : Executives for London-based HSBC, which controls one of the largest banking operations in Mexico, have told investors the chain is not interested in buying out Citigroup''s consumer bank in the country, known as Banamex. "No, we''re not looking to acquire in Mexico," Group Chief Executive Noel

Egypt has named six international lenders, including Citigroup Inc. and HSBC Holdings Plc, to manage its first sale of sovereign Islamic bonds as one of the Middle Easts most indebted nations looks to diversify funding sources and ease the burden on its economy.

NEW BRIGHTON, Minn.--(BUSINESS WIRE)---- $APG--APi Group Corporation (NYSE: APG) (APG, APi or the Company) today provided preliminary year-end 2021 results and initial net revenues and adjusted EBITDA guidance for 2022. The Company is participating in a fireside chat during Citis 2022 Global Industrials Virtual Conference today at 2:40 p.m. ET and at the Barclays Industrial Select Conference on Thursday, February 24, 2022 at 8:35 a.m. ET and may discuss these items while at the conferences. The C

Citigroup, a financial service firm in United States, has announced plan to establish its commercial and consumer banking operation in Africas largest economy, Nigeria, after years of advisory roles. The firm has been operating in Nigeria since 1984 through some clients, Seplat, MTN Nigeria, Airtel Africa, AFC, and also the Federal Government and its agencies, [] The post American bank, Citigroup, to establish commercial banking in Nigeria appeared first on Latest Nigeria News | Top Stories from Ripples Nigeria .

Citigroup Inc. has announced the commencement of the expansion of its commercial banking services to Nigeria, South Africa, Kenya and Egypt. The post Citibank to expand commercial banking services to Nigeria, others appeared first on Nairametrics .

Vontier Corp (NYSE: VNT ) forged a $250 million accelerated share repurchase agreement with Citibank, N.A. Vontier will acquire the shares under a previously approved $500 million Full story available on Benzinga.com

The United States of America''s financial powerhouse, Citigrroup Inc. has announced that it plans

Citigroup executive Ebru Pakcan told Bloomberg the bank sees bullish prospects for its commercial banking arm in Egypt, South Africa, Nigeria and Kenya. Pakcan, who is CEO of EMEA for Citigroup, said Tuesday the bank plans to focus on existing Citi clients with a presence in these countries. "We will be in the markets with a caveat that we are not going to go to very low or small enterprises, but rather focusing on making the Citi network available to existing clients with multiple countries'' presence," Pakcan said in the Bloomberg article. Under CEO Jane Fraser, Citigroup has been shedding retail banking operations in 13 countries in Asia and Europe, as well as similar business units in Mexico. Citi is shifting to focus on building up its wealth management arm in countries such as United Arab Emirates. Shares of Citigroup are up 6.2% so far in 2022, compared to a dip of 8.8% by the S&P 500. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.

Citi added Polaris (PII) to the firm''s focus list on what it said is a long-term margin opportunity for the company as supply chain concerns ease. Read more.

Relief, a Miami, FL-based personal finance startup, raised $15M in Series A funding. The round was led by Nava Ventures and includes a range of strategic investors, including Ken Chenault, former CEO and Chairman of American Express; Vikram Pandit, former CEO of Citigroup and The Kraft Group, Interplay, Animal Capital, Necessary Ventures, and Brand Foundry [] The post Relief Raises $15M in Series A Funding appeared first on FinSMEs .