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C Jun 2024 65.000 call
| Previous close | 0.1200 |
| Open | 0.1400 |
| Bid | 0.0000 |
| Ask | 0.0000 |
| Strike | 65.00 |
| Expiry date | 2024-06-28 |
| Day's range | 0.1100 - 0.2600 |
| Contract range | N/A |
| Volume | |
| Open interest | 7.38k |
ReutersCitigroup fined $14 million in Germany for regulatory lapses
FRANKFURT (Reuters) -Citigroup has been fined nearly 13 million euros ($13.94 million) by Germany's bank regulator for lapses in controls of its trading systems, the largest fine imposed under the regulator's consumer protection division. The fine was announced by German regulator BaFin on Thursday and targeted at Citigroup Global Markets Europe AG. It is related to a mishap in 2022 involving $1.4 billion in mistaken sell orders in equities, for which Citigroup was already fined 61.6 million pounds($78.24 million) by British authorities in May.
ReutersCiti bets on Europe despite political uncertainty, regional CEO says
Citigroup is looking to boost its business in Europe despite political instability on the continent spooking investors, the bank's new head of the region Ignacio Gutierrez-Orrantia said in an interview with Reuters. The U.S. bank, which last year undertook its most significant restructuring in decades, is currently placed fourth in EMEA league tables for M&A and sixth for equity capital markets (ECM), according to Refinitiv. "From a business perspective, this is also an opportunity for us to sit down with our clients and advise them on how to navigate this instability more effectively," Gutierrez-Orrantia said.
ZacksCitigroup (C) Q2 IB Fees to Surge 50% on Upbeat Capital Markets
Citigroup (C) projects a 50% surge in investment banking fees. This is likely to be driven by improved projections for merger advisory and debt and equity underwriting.
