Citigroup Stock News

Eneti (NETI) received commitments from DNB Capital, Societe Generale, Citibank, Credit Agricole Corporate and Investment Bank and Credit Industriel et Commercial for a 5-year…

Citibank''s <> delinquency rate of 0.84% in January rose from 0.81% in December and declined from 1.38% in January 2021.Net charge-off rate of 1.11% increased from 0.97% in December…

While retail investors are increasing their holdings of green energy companies, institutional investors are pouring even more money into pollutants.

Big banks including JPMorgan Chase & Co and Citigroup Inc jumped 1% each. Occidental Petroleum slipped 2.5%, leading energy shares lower as oil prices dropped from a seven-year high.

Wells Fargo analyst Mike Mayo urged Citigroup (C) shareholders to replace 11 of the 15 members of the company''s board, saying they should have known about legacy issues that were allowed…

MILWAUKEE--(BUSINESS WIRE)--Rockwell Automation, Inc. (NYSE: ROK) SVP and Chief Financial Officer, Nick Gangestad, and SVP, Software & Control, Brian Shepherd, will present at Citi’s 2022 Global Industrial Tech and Mobility Conference in Miami, Florida, on Tuesday, February 22, 2022. The fireside chat will be webcast beginning at approximately 10:30 a.m. EST and will be available on the Rockwell Automation Investor Relations website at www.rockwellautomation.com/en-us/investors.html. About

LONDON--(BUSINESS WIRE)-- #capitalmarkets--Sharegain has raised $64 million in a series B round led by WestCap and joined by Citi, EJF Capital LLC and Optiver PSI.

Axis Bank is at an advanced stage to buying Citigroup''s India retail banking business in a deal that could be valued at about $2.5bn, Bloomberg has reported. An agreement for the consumer unit may be announced as soon as the next few weeks and is contingent on approval from the Reserve Bank of India, people familiar with the matter said. Bloomberg further said that Axis Bank emerged as the buyer after beating rivals, with factors such as job security for current Citigroup employees and competition concerns being taken into account, one source said. Last year, Citi announced plans to wrap up its consumer franchises in 13 markets across Asia and Europe, including India. The US-headquartered giant plans to refocus on its more lucrative businesses such as institutional banking and wealth management. Citi''s Indian business comprises credit cards, home loans and retail banking. Mumbai-based Axis Bank is looking to boost retail loans to tap pent-up demand following the pandemic.

HSBC Set To Double Bonuses For Junior Bankers To Staunch Defections HSBC looks like it is the latest bank to ramp up pay for its junior bankers, following a trend of aggressively trying to retain talent that has been taking Wall Street by storm over the last 2 years. The bank is reportedly planning on doubling bonuses for some of its junior investment bankers and traders, Bloomberg reported on Monday. It''ll be a change for the bank, which paid "less than most rivals a year ago after cutting the bonus pool at its global banking and markets division by 15%," the report said. “We’ve got to keep pay across the board competitive,” Greg Guyett, co-head of GBM for HSBC said last month. And the competition in the space is real, with investment banks jostling back-and-forth to stay competitive with pay and retain talent for several years now. But HSBC Chief Executive Officer Noel Quinn previously had to tell his staff that the effects of Covid had prevented the bank from increasing performance bonuses over the last year, largely due to underperformance by the bank on a broad scale.

86% Of White-Collar Workers Want Permanent Hybrid Workweek Or They Will Quit As the world gets closer to the eventual end of the virus pandemic, more than ever, white-collar workers worldwide are working remotely and want to keep that arrangement with employers. Bloomberg reports a new poll from Advanced Workplace Associates (AWA) surveyed 10,000 white-collar workers worldwide in finance, technology, and energy who have said they will quit if employers force them back into the office for an entire workweek. To comprise, 86% of respondents said they would favor a hybrid workweek of at least two at home and the rest in the office. Respondents of all ages wanted to work at home on Mondays and Fridays and come in on Tuesdays, Wednesdays, and Thursdays. "Employers have to realize that the genie is out of the bottle," Andrew Mawson, managing director of AWA, said in a statement. "Workers have seen that flexibility can work and bosses who are not sensitive to their employees'' needs will suffer accordingly." Megabanks, like Citigroup Inc., HSBC Holdings Plc, and NatWest Group Plc, have all adopted hybrid workweeks.

Citigroup directors cited Fraser''s ability to establish a clear set of priorities aimed at increasing long-term shareholder value among the reasons behind the compensation.

Citigroup (C) CEO Jane Fraser gets total compensation of $22.5M for 2021, the company said in a filing

Arlington Asset Investment Corp. 8.250 CUM PFD C (NYSE:AAIC.PC) declares $0.5156/share quarterly dividend, in line with previous.Forward yield 8.35%Payable March 30; for shareholders of…

She took over as CEO in early 2021, the first woman to lead a major Wall Street bank.

Citigroup raises Fraser''s pay by 32% after appointing her as CEO