Welcome to our dedicated page for Citigroup news (Ticker: C), a resource for investors and traders seeking the latest updates and insights on Citigroup stock.
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.
Access real-time announcements including quarterly earnings disclosures, leadership transitions, and cross-border partnership agreements. Our curated collection features verified press releases alongside analytical perspectives on wealth management trends and institutional banking strategies.
Key coverage areas include capital market activities, US consumer banking updates, and multinational risk management solutions. Track Citigroup's progress in digital transformation initiatives and sustainability-focused financial products through primary source documentation.
Bookmark this page for structured access to critical updates affecting one of Wall Street's most diversified financial institutions. Combine strategic awareness with operational insights through our organized news repository.
The Board of Directors of Citigroup declared a $0.51 quarterly dividend on common stock, payable on August 26, 2022, to stockholders of record by August 1, 2022. Various dividends on preferred stock were also announced, including a 5.950% fixed rate for Series A, payable August 1, 2022, and a 7.125% rate for Series J, payable September 30, 2022. These dividends reflect Citigroup's ongoing commitment to returning value to shareholders.
Citi's new report titled FOOD AND CLIMATE CHANGE -- Creating Sustainable Food Systems for a Net Zero Future reveals hidden costs in the food industry at approximately
Citigroup's CFO Mark Mason and Treasurer Michael Verdeschi will host the Second Quarter 2022 Fixed Income Investor Review on July 28, 2022, at 11 a.m. ET. The event will be accessible via live webcast and teleconference, with materials available on their investor relations website. A replay of the call will be available for a week following the event. Citi remains a significant banking partner globally, offering a wide range of financial products across 160 countries.
Citigroup announced the availability of its second quarter 2022 earnings press release on its investor relations website. The report includes detailed financial, statistical, and business-related information. A conference call is scheduled for 11 a.m. ET today, with a live webcast also accessible online. Citigroup, a leading global banking partner, operates in over 160 countries, providing a comprehensive range of financial products and services. For further details, visit their official website.
Citi has been appointed as the Depositary Bank for Ming Yang Smart Energy Group Limited's Global Depositary Receipt (GDR) program, which is linked to an initial public offering raising
Citigroup Inc. announced the redemption of $2.5 billion of its 2.876% Fixed Rate / Floating Rate Notes due 2023 and $750 million of its Floating Rate Notes due 2023. The redemption date is July 24, 2022, with payments scheduled for July 25, 2022. This decision aligns with Citigroup's liability management strategy aimed at improving the efficiency of its funding and capital structure. Beginning on the redemption date, interest will no longer accrue on these notes.
Citigroup is set to release its second quarter results on July 15, 2022, at 8 a.m. (ET). A live review of the results will follow at 11 a.m. (ET) through a webcast and teleconference. The press release, along with webcast materials, will be available on www.citigroup.com/citi/investor. Citigroup operates globally, with around 200 million customer accounts in over 160 countries, offering a wide range of financial products and services.
Citi has released a report titled Home of the Future: PropTech - Towards a Frictionless Housing Market?, examining the potential of PropTech solutions in the U.S. housing market. The report highlights the need for innovation in processes like mortgage origination and title insurance to enhance efficiency. Significant trends include the rise of home equity investment contracts, iBuyers, and institutional single-family rentals. These innovations aim to streamline transactions and unlock the potential of the housing market amidst ongoing affordability challenges.
Citi has partnered with METACO to develop digital asset custody capabilities, integrating METACO's Harmonize platform into Citi's existing infrastructure. This collaboration aims to enhance client services for storing and settling digital assets, responding to the growing demand for digital investment solutions. Citi's extensive custody network and METACO's technology will support the bank's digital asset strategy, amidst increasing institutional adoption of digital assets. With over $27 trillion in assets under custody, Citi seeks to leverage its operational strength in expanding securely into new markets.
