News on Citigroup (Ticker: C) continually updated from thousands of sources around the net.
Yesterday | Bloomberg
URS Corp. rose the most in more than five years on speculation the San Francisco-based company that builds bridges and power stations has put itself up for sale.
Trending on the Topix Network
Yesterday | Fox News
Bank earnings take center stage next week -- beginning with Citigroup on Monday -- and investors will learn how the biggest U.S. lenders fared during the second quarter amid a downturn in trading volume, tighter profit margins and weak mortgage lending.
Friday | Seeking Alpha
In comparison to other global banks like Bank of America and Citigroup, Wells Fargo has been paying very attractive dividends in the past five years.
Friday | Financial Times
This doesn't immediately strike me as a Vikram Pandit joint. I am waiting for the deposed chief executive of Citigroup at Felidia, a restaurant on 58th street, just below the Upper East Side in Manhattan.
Friday | PE Hub
Riverstone Holdings has formed a team of energy-focused leveraged finance professionals to lead the firm's expansion into credit and capital markets activities.
Pop quiz: Which bank is widely considered too big to fail, needed a $45 billion government loan during the financial crisis, recently failed a stress test performed by the Federal Reserve - and has enjoyed a revolving-door relationship with both the Clinton and Obama Administrations? Citigroup is back in the headlines as the result of a new ... (more)
's stock had its "neutral" rating reaffirmed by equities researchers at Citigroup Inc. in a research report issued on Thursday.
's stock had its "neutral" rating reiterated by stock analysts at Citigroup Inc. in a report issued on Thursday.
Second-quarter earnings reports likely to disappoint as fixed-income, currencies and commodities no longer spinning easy revenues.
A federal judge has dismissed mortgage discrimination lawsuits filed by the City of Miami against Citigroup Inc and Wells Fargo & Co, following the dismissal of a similar lawsuit against Bank of America Corp earlier this week.
This is what investors can expect: Earnings: The nation's fourth-largest bank by assets is expected to report net income of $3.35 billion, or $1.08 earnings per share, down from $4.18 billion, or $1.25 a share in the year-earlier period, according to analysts surveyed by FactSet.
U.S. stocks fell, with benchmark gauges trimming earlier declines amid speculation equities retreated too far after signs of financial stress in Portugal fueled demand for haven assets.
The Oakmark Select Fund increased 6% for the quarter, compared to 5% for the S&P 500 Index.
Citigroup is scheduled to report 2Q 2014 earnings before the opening bell on Monday, July 14th.
The firm currently has a $86.00 price objective on the stock, down from their previous price objective of $96.00.
Banco Santander SA 's sale of zloty-denominated asset-backed securities targeted foreign buyers for the first time, clearing the way for more issuers seeking lower borrowing costs, according to Citigroup Inc. Santander's Polish unit sold 1.37 billion zloty of 2025 notes backed by auto and unsecured consumer loans to European investors on June 27, ... (more)
Background: Citigroup Inc., the leading global financial services company, has some two hundred million customer accounts and does business in more than hundred countries.
Wall Street Journal sources are reporting that "the Justice Department and Citigroup Inc. are close to a deal for the bank to pay about $7 billion to settle allegations it sold shoddy mortgages in the run-up to the financial crisis."
Updated: Fri Jul 11, 2014 09:09 pm
Copyright © 2014 Topix LLC