Straits Times Index
3,215.40 +10.58 (+0.33%) S&P 500
4,315.29 -4.77 (-0.11%) Dow
33,840.83 -123.01 (-0.36%) Nasdaq
13,199.94 -11.87 (-0.09%) Bitcoin USD
26,128.02 -461.37 (-1.74%) CMC Crypto 200
558.51 -1.00 (-0.18%)
Citigroup Inc. (C.SN)
| 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 |
- Financial Times
‘Get off the train’: Citi’s Jane Fraser sends tough message on big overhaul
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.
ZacksGoldman (GS), Other Banks to Face Bond Collusion Claims
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.
Yahoo FinanceBanks may lean on costly 'hot money' to get through higher-for-longer Fed campaign
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.'
