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Citigroup Inc. - C STOCK NEWS

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) is an American multinational investment bank and financial services corporation headquartered in New York City. Formed by the 1998 merger of Citicorp and Travelers Group, Citigroup operates in more than 100 countries and jurisdictions. The company’s core operations are divided into five primary segments: services, markets, banking, US personal banking, and wealth management.

Citigroup offers a broad range of financial services including cross-border banking for multinational corporations, investment banking, and trading, as well as credit card services within the United States. Recent achievements highlight Citigroup's ongoing innovation and growth. For instance, Citi-backed Elwood Technologies LLP was recently authorized by the UK Financial Conduct Authority (FCA) to provide institutional-grade access to digital asset exchanges and liquidity venues. This authorization solidifies Elwood's market-leading position and its commitment to offering regulated and transparent digital asset platforms.

Financially, Citigroup continues to maintain robust performance with a diverse portfolio and significant partnerships, such as those with Barclays, Goldman Sachs, and Dawn Capital. Citigroup's involvement in cutting-edge fintech solutions like Elwood showcases its adaptive strategy in meeting the evolving demands of the financial market.

To stay updated with Citigroup’s latest developments and performance, visit the news section for the most recent updates.

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Zhejiang Yongtai Technology Co., Ltd. has appointed Citi's Issuer Services as the Depositary Bank for its Global Depositary Receipt (GDR) Program. The GDR Program was established in connection with a US$70 million initial public offering of its GDRs, priced at US$9.41 per GDR. The GDRs are listed on the London Stock Exchange under the symbol 'YTT'. Each GDR represents five (5) A shares. Yongtai's A shares are listed and traded on the Shenzhen Stock Exchange under the stock code 002326. This is the first Shenzhen Stock Exchange listed company to issue and list GDRs on the London Stock Exchange through the Shenzhen-London Stock Connect program.
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Citigroup Inc. is redeeming all $750 million aggregate liquidation preference of Series B Depositary Shares representing interests in its Preferred Stock. The redemption date is August 15, 2023, and the cash redemption price for each Depositary Share is $1,000. Holders of record on a date to be declared will receive the regular quarterly dividend on the Redemption Date. The redemption reflects Citigroup's ongoing efforts to enhance its funding and capital structure.
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Citigroup has reported its second quarter 2023 results. The Quarterly Financial Data Supplement is available on their website. A conference call will be held to review the results.
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FAQ

What is the current stock price of Citigroup (C)?

The current stock price of Citigroup (C) is $69.84 as of November 22, 2024.

What is the market cap of Citigroup (C)?

The market cap of Citigroup (C) is approximately 132.1B.

What is Citigroup Inc.?

Citigroup Inc. is an American multinational investment bank and financial services corporation, headquartered in New York City.

What are the primary segments of Citigroup's operations?

Citigroup's operations are organized into five segments: services, markets, banking, US personal banking, and wealth management.

What services does Citigroup provide?

Citigroup provides cross-border banking for multinational corporations, investment banking, trading, and credit card services in the US.

What recent achievements has Citigroup made?

Citigroup-backed Elwood Technologies was recently authorized by the UK Financial Conduct Authority to provide institutional-grade access to digital asset exchanges.

Who are some of Citigroup's key partners?

Some of Citigroup's key partners include Barclays, Goldman Sachs, and Dawn Capital.

What is the financial condition of Citigroup?

Citigroup maintains robust financial performance with a diverse portfolio and significant partnerships.

What is Elwood Technologies LLP?

Elwood Technologies LLP is a Citi-backed fintech providing institutional-grade digital asset trading platforms and was recently authorized by the UK FCA.

How many countries does Citigroup operate in?

Citigroup operates in more than 100 countries and jurisdictions.

When was Citigroup formed?

Citigroup was formed in 1998 by the merger of Citicorp and Travelers Group.

Where is Citigroup's headquarters located?

Citigroup's headquarters is located in New York City.

Citigroup Inc.

NYSE:C

C Rankings

C Stock Data

132.14B
1.83B
3.12%
73.89%
1.61%
Banks - Diversified
National Commercial Banks
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United States of America
NEW YORK