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Citigroup Inc. (C) maintains its position as a global financial leader through strategic initiatives across 100+ countries. This news hub provides investors and stakeholders with essential updates spanning corporate banking innovations, market-moving developments, and regulatory milestones.
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Shahmir Khaliq, Global Head of Treasury and Trade Solutions at Citigroup, will present at the Credit Suisse Financial Services Forum on February 14 at 9:25 a.m. (Eastern). A live webcast of the presentation will be available at www.citigroup.com/citi/investor, and a replay will be accessible afterward. Citi operates in around 160 countries, providing a diverse range of financial products and services to various sectors including businesses and governments.
For further details, visit www.citigroup.com.
Citigroup will release its fourth quarter and full year 2022 earnings today. The press release and the Quarterly Financial Data Supplement can be accessed on Citigroup's website. A conference call is scheduled for 11:00 AM ET, with a live webcast available for attendees. Citigroup is a global banking leader, offering a range of services to institutions and individuals in nearly 160 countries. For further information, visit their official site or follow them on social media platforms.
Citi has been appointed by Nordea Bank as the new depositary bank for its Level 1 American Depositary Receipt (ADR) program, trading under the symbol 'NRDBY'. Each ADR corresponds to one ordinary share of Nordea, which is actively traded on multiple Nordic exchanges under the symbol 'NDA'. Dirk Jones, Citi’s Global Head of Issuer Services, expressed confidence in Citi's capabilities to enhance the ADR program’s success and investor relations, leveraging Citi’s global reach and expertise.
Citi has released its Global Perspectives & Solutions report titled Supply Chain Finance: Uncertainty in Global Supply Chains Is Going to Stay. The findings highlight ongoing disruptions in global supply chains amid stabilizing trade and cooling demand. The Citi Global Supply Chain Pressure Index shows easing pressures due to decreased consumer demand, but recession risks loom. Natural Resources and Clean Energy trade flows surged 65% amid rising energy prices. A survey of 2,327 global corporates revealed themes such as rising prices, the need for supply chain resilience, and a shift in focus from just-in-time to just-in-case strategies.
Citigroup's Board of Directors declared a quarterly dividend of
Citi’s Issuer Services has been appointed as the Depositary Bank for Jiangsu Eastern Shenghong Co., Ltd.'s Global Depositary Receipt (GDR) Program, part of the China-Swiss Stock Connect.
This program raised
Shenghong operates in the energy and chemical sector, focusing on new energy and low-carbon green industries.
Citi Velocity has been recognized as the no. 1 platform for Web-Based Analytics by Institutional Investor for the fourth consecutive year, reflecting its prominence among institutional clients. According to the press release, the platform saw a 51% increase in client views of webcasts in 2022, and a 45% rise in consumption of inflation-related data. Over 200,000 clients and 60,000 colleagues engaged with the platform, which offers extensive resources including trading desk commentary and cross-asset market research.
Citigroup will release its fourth quarter results on Friday, January 13, 2023, at approximately 8 a.m. ET. A live webcast and teleconference will follow at 11 a.m. ET for an in-depth review. The press release, webcast, and presentation materials can be accessed at Citigroup Investor Relations. For participation via phone, U.S. and Canada callers can dial (800) 343-1703, while international callers should use (785) 424-1226.
