66.59 +0.07 (0.11%)
Pre-market: 9:28AM EDT
|Bid||66.60 x 4000|
|Ask||66.70 x 800|
|Day's range||66.40 - 67.51|
|52-week range||48.42 - 75.24|
|Beta (3Y monthly)||1.86|
|PE ratio (TTM)||9.68|
|Earnings date||15 Jul 2019|
|Forward dividend & yield||1.80 (2.90%)|
|1y target est||80.13|
Citigroup's (C) restructuring and streamlining efforts, along with its strategic investments in core business, should bode well for the long term.
Investing.com – The S&P; 500 made a subdued start the week Monday, as bank stocks stumbled on falling Treasury yields amid growing expectations that the Fed will cut rates.
It is nearly 30 years since Rudiger Dornbusch and Sebastian Edwards published a seminal book, The Macroeconomics of Populism. Because of this disregard for basic economic logic, their policy experiments inevitably ended badly, with some combination of inflation, capital flight, recession and default. Salvador Allende’s Chile in the 1970s, or Alan García’s Peru in the 1980s, capture this story perfectly.
Strong fundamentals, prospects and efforts to further expand revenues are expected to drive JPMorgan (JPM) in the quarters ahead.
On June 3, 2019, the Mexican Banking and Securities Commission authorized Citigroup Inc. to deregister its common stock from the Mexican Securities Registry and delist from the Mexican Stock Exchange, effective at the end of the trading day on July 10, 2019.
Given the chances of a Fed rate cut early next month, State Street (STT) reduces revenue expectation for the second quarter of 2019.
Are you worried your parents didn’t teach you enough about money? You’re not alone. Nearly one in four adults in the U.S. -- 24%, according to the study -- say their parents didn’t give them any sort of financial education growing up, according to a new report.
South Africa's antitrust tribunal concluded on Wednesday that it has no powers to charge foreign banks being investigated in an exchange-rate rigging case unless they have a presence in the country. Partly on that basis, the tribunal sent the case back to the country's competition watchdog, giving it 40 days to clarify the charges it plans to bring. In a probe that has rumbled on since 2015, the Competition Commission has been seeking fines against 23 local and foreign banks that it alleges colluded to coordinate activities when giving quotes to customers buying or selling the rand and the dollar.
Citigroup's (C) lack of internal control measures, as stated by the Financial Services Agency, results in a ban on the company from availing some special auction participation entitlements.
Citigroup will issue its second quarter results via press release at approximately 8:00 AM on Monday, July 15, 2019. At 10:00 AM , results will be reviewed via live webcast and teleconference.
Citigroup (C) seeks to bolster presence in Southeast Asian markets with the support of Grab's popularity and strong demand in the area.
Citigroup has teamed up with Singapore-based ride-hailing firm Grab to launch co-branded credit cards, as it looks to boost its Asian customer base by about 13% via partnerships with digital firms, a senior Citi executive said. The new cards mark the latest step in Grab's big push into the financial services sector, an area it has earmarked for growth. The Citi-Grab co-branded cards will be issued in the Philippines on Tuesday and in Thailand later this year, before being rolled our in other Southeast Asian markets.
If you’ve taken a look at bedraggled bank stocks and expectations of an interest rate cut and think now might be a good time to buy financials, think again, KBW says.
Wells Fargo (WFC) continues to make efforts to settle a two-year old lawsuit in order to concentrate more on the core business.
Local volunteers join the 110,000 Citi volunteers around the world participating in this annual day of service
Today, Citi celebrates its 14th annual Global Community Day with 110,000 Citi volunteers in more than 400 cities across 90 countries and territories participating in service activities in their local communities.
Swiss COMCO fines big global banks around 90 million Swiss francs ($91 million) for rigging prices in the foreign exchange market.