Citigroup Inc. - C STOCK NEWS

Citi has published a report titled Space: The Dawn of a New Age, projecting a significant evolution in the commercial space market. Current launch costs are $1,500/kg, expected to drop to $100/kg by 2040, with a potential low of $33/kg. The space economy is forecasted to exceed $1 trillion in annual sales by 2040, growing from approximately $370 billion in 2020. The satellite sector will dominate, but new applications like space-based solar power and logistics will drive growth, potentially generating ~$100 billion in sales annually. The Earth Observation market could reach ~$17 billion by 2040.

Citigroup will release its fourth quarter 2022 financial results via press release at approximately 8 a.m. (ET) on January 13, 2023. A review of the results will follow at 11 a.m. (ET) through a live webcast and teleconference.

The press release, webcast, and materials will be accessible at www.citigroup.com/citi/investor. A replay will be available after the event. Citi operates in over 160 countries with approximately 200 million customer accounts, providing a range of financial services.

Citi has launched Single Euro Payments Area (SEPA) Instant Payments in Europe, enhancing its global Instant Payments capabilities. Clients can now execute SEPA Credit Transfers instantly across 36 SEPA countries, with immediate fund availability 24/7. This solution offers standardized access via Citi's platforms, facilitating scalability and rapid global expansion. The service is designed to support various business models and increase efficiency in ecommerce and direct-to-consumer transactions. Citi's Instant Payments now cover over 60 markets worldwide.

Citi has launched Recycled PVC (rPVC) for its corporate cards, starting in the EMEA region in April 2022 and later worldwide. Each card contains 85% recycled industrial plastic, reducing CO2 emissions by 36% compared to standard PVC cards. This initiative aligns with Citi's commitment to achieving net zero emissions for operations by 2030 and associated financing by 2050. The cards will carry the Mastercard Sustainable Card Badge, symbolizing their eco-friendly nature. Citi aims to lessen its carbon footprint through sustainable product offerings.

Citigroup Inc. will conduct its 2022 Annual Stockholders' Meeting on April 26, 2022, at 9 a.m. ET via a virtual platform. Shareholders can participate, vote, and engage through this link. Entry starts at 8:45 a.m. ET. Citigroup, serving over 200 million customer accounts globally, provides an array of financial products across more than 160 countries.

Citi reported its First Quarter 2022 earnings, which can be accessed via their website. The bank serves about 200 million customer accounts worldwide, offering a range of financial services and products across over 160 countries. A conference call for the earnings report is scheduled for 11:00 AM (ET) today, with details for both live participation and a telephonic replay available for interested parties. For further financial data and business trends, additional reports are published alongside the earnings release.

Citigroup will announce its first quarter results on April 14, 2022, at approximately 8:00 AM (ET). A live webcast and teleconference to review the results will follow at 11:00 AM (ET). The press release and presentation materials will be accessible on their investor relations website. Citi operates globally, serving approximately 200 million customer accounts across more than 160 countries with a variety of financial services including consumer banking, investment banking, and wealth management.