Citigroup news

Citigroup logo 17.02.21
Citigroup

U.S. District Judge Jesse Furman refused to overturn Citigroup's erroneous transfer of about $900 million of its own funds to Revlon creditors. The bank plans to appeal the decision.
Citigroup logo 21.01.21
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 January 28, 2021. The annual dividend yield may reach 3.28%.
Citigroup logo 15.01.21
Citigroup

Citigroup's net income under GAAP for 2020 was $11.41 billion, down 41% from $19.467 billion in the previous year. Revenue increased 0.02% to $74.298 billion from $74.286 billion a year earlier.
Citigroup logo 21.12.20
Citigroup

Citigroup in 2021 will continue to pay a quarterly dividend of $0.51 per share, and also intends to resume the repurchase of its securities, said the head of the financial conglomerate Michael Corbat, commenting on the published Fed results of the second round of stress tests of banks.
Citigroup logo 19.11.20
Citigroup

Citi was one of the first banks to open a special Plex bank account integrated into Google Pay application. Management of the account, starting with its opening, is carried out in the Google Pay application, which now allows you to order food, pay at gas stations, parking lots, as well as create groups and share the payment between friends. The launch of Ple...
Citigroup logo 22.10.20
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 October 29, 2020. The annual dividend yield may reach 4.64%.
Citigroup logo 13.10.20
Citigroup

Citigroup's net profit under GAAP for 9 months of 2020 was $7.086 billion, down 51% from $14.472 billion the previous year. Revenue increased by 3.4% to $57.799 billion, against $55.908 billion a year earlier.
Citigroup logo 25.09.20
Citigroup

Citi launches a digital portal for ETF orders in the Hong Kong market - Advanced Citi ETF System. The product will allow dealers to place ETF orders online under Citi's management. The portal can be customized according to the type of fund and market. It includes workflows and a real-time trading status control panel. The decision to launch the portal was du...
Citigroup logo 10.09.20
Citigroup

Citi CEO Michael Korbat is expected to retire and leave the Board in February 2021 after 37 years with the company. He will be succeeded by Jane Fraser, president of Citi and head of Global Consumer Banking.
Citigroup logo 19.08.20
Citigroup

The court ordered Brigade Capital Management LP to dispose of $175 million, which the fund received from Citigroup as a result of erroneous payment of $900 million to Revlon creditors. The company still refuses to return these funds.