Citigroup news

Citigroup

Citigroup Board of Directors announced a quarterly dividend of $0.53 per share. The last day to buy securities to receive the dividend is November 2, 2023. The annual dividend yield may reach 4.48%.

Citigroup

Citigroup's GAAP net income for 9 months of 2023 totaled $11.067 billion, down 10.3% from $12.332 billion in the previous year. Revenue rose 6.4% to $61.022 billion from $57.332 billion a year earlier.

Citigroup

Citigroup's GAAP net income for 3 months of 2023 was $4.606 billion, up 7% from $4.306 billion in the previous year. Revenue rose 11.8% to $21.447 billion from $19.186 billion a year earlier.

Citigroup

Citigroup's GAAP net income for 9 months of 2022 was $12.4 billion, down 34.2% from $18.846 billion in the previous year. Revenue rose 4.5% to $57.332 billion from $54.867 billion a year earlier.

Citigroup

Citi Group began providing commercial banking services in Germany. Citi is already a key partner for many digital and technology companies in the country and will continue to develop these activities. Bank intends to help German companies reduce the number of foreign banking relationships required for global expansion and become their "one" bank for all fore...

Citigroup

Citigroup will begin winding down its retail and commercial banking business in Russia this quarter. Group's investments in Russia totaled $8.4 billion at the end of the second quarter of 2022, down 14% from $9.8 billion at the end of 2021, of which about $1 billion was in the consumer and commercial banking business. Citigroup's global strategy calls for an...

Citigroup

Citigroup completed the sale of its consumer business in the Philippines. The transaction included the credit card, unsecured credit and deposit business, as well as Citicorp Financial Services and Insurance Brokerage Philippines, which provides insurance and investment products to retail clients.

Citigroup

The Citigroup Board of Directors announced a quarterly dividend of $0.51 per share. The last day to buy securities to receive the dividend is July 28, 2022. The annual dividend yield may reach 3.5%.

Citigroup

Citi opened Citi Commercial Bank in Canada. The Institutional Clients Group division offers a wide range of Citi institutional products and solutions to meet the growing needs of midsize corporations as they rapidly grow and expand internationally. Citi intends to continue the expansion of its Institutional Clients business and to hire approximately 900 peop...

Citigroup

Citigroup's GAAP net income for 6 months of 2022 was $8.891 billion, down 37.3% from $14.178 billion in the previous year. Revenue rose 3.8% to $38.824 billion from $37.42 billion a year earlier.