Previous close | 41.06 |
Open | 0.00 |
Bid | 0.00 x N/A |
Ask | 0.00 x N/A |
Day's range | 41.06 - 41.06 |
52-week range | 40.83 - 51.00 |
Volume | |
Avg. volume | 10 |
Market cap | 80.321B |
Beta (5Y monthly) | 1.57 |
PE ratio (TTM) | 6.51 |
EPS (TTM) | 6.31 |
Earnings date | 13 Oct 2023 |
Forward dividend & yield | 2.06 (5.02%) |
Ex-dividend date | 04 Aug 2023 |
1y target est | N/A |
Citigroup chief executive Jane Fraser has warned the bank’s 240,000 employees it is time to sign up to her overhaul of the bank or “get off the train” as she cuts jobs and hacks back the lender’s top-heavy management structure. The uncompromising message appeared to mark a change in tone to some employees given Fraser has cultivated an image of approachability during her more than two years at the head of Citi. It came days after she announced the biggest restructuring in 15 years as she seeks to reorient the bank around its business units rather than its geography.
Goldman (GS) and other banks are likely to face class-action lawsuits for colluding to drive up interest rates paid on a popular municipal bond.
The Federal Reserve's forecast of elevated rates in years to come could place more pressure on banks to rely on expensive brokered deposits known as 'hot money.'