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4/16/14Company Update: Citigroup Inc (NYSE:C) – PGGM Appoints Citi as Depositary Bank for Range of Alt... (Jutia Group)

[Business Wire] - PGGM Vermogensbeheer B.V. , a wholly-owned subsidiary of the leading Dutch pension administrator, PGGM N.V., has appointed Citi as the depository bank for its range of alternative investment funds. Read more on this. Citigroup Inc. (C), currently valued at $145.08B, started trading this morning at $48.55.   [...]

4/14/14Citigroup Inc (NYSE:C) – Citigroup profit rises on smaller loss from troubled assets (Jutia Group)

[Reuters] - Total net income under Generally Accepted Accounting Principles rose to $3.94 billion, or $1.23 per share, from $3.81 billion, or $1.23 per share. Citigroup shares were up 3.6 percent at $47.32 in trading before the bell, clawing back some of the 9 percent loss since the Federal Reserve rejected its capital plans [...]

4/10/14Market Update (NYSE:C): Amex, Citigroup, Discover win dismissal of card arbitration case (Jutia Group)

[Reuters] - American Express Co, Citigroup Inc and Discover Financial Services won the dismissal of a lawsuit accusing them of colluding to adopt arbitration clauses that prevent credit card holders from pursuing ... Read more on this. Citigroup Inc. (C), valued at $141.51B, started the session at $47.24.   Today’s [...]

4/7/14Citigroup Inc (NYSE:C) – Citigroup Announces Agreement to Resolve Certain Private-Label Securit... (Jutia Group)

[Business Wire] - Citigroup today announced that it has reached an agreement with 18 institutional investors, represented by Gibbs & Bruns LLP, regarding the resolution of certain legacy Securities and Banking private-label securitization representation and warranty repurchase claims. Read more on this. Citigroup Inc. (C), valued at $141.35B, started the session at $47.12. [...]

4/3/14Stock Update (NYSE:C): Citigroup faces criminal probe for fraud at Mexico unit -source (Jutia Group)

[Reuters] - Federal authorities have opened a criminal investigation into a $400 million fraud involving Citigroup's Mexican unit, according to a person familiar with the matter. Citigroup disclosed in February it had discovered at least $400 million in fraudulent loans in its Mexico subsidiary, Banco Nacional de Mexico, known as Banamex, and said employees [...]

3/27/14Citigroup Inc (NYSE:C) | Citigroup Announces $2 Billion Redemption of Trust Preferred Securities (Jutia Group)

[Business Wire] - Citigroup Inc. is announcing the redemption, in whole, of the following three series of its trust preferred securities: Read more on this. Citigroup Inc. (C), with a current value of $144.08B, opened this morning at $47.43.   Looking at the equity, the company's one day range is [...]

3/26/14Market Update (NYSE:C): Mexico Senate creates commission to probe Oceanografia case (Jutia Group)

[Reuters] - Mexico's Senate on Thursday agreed to set up a special commission to investigate Oceanografia, the oil-services company at the center of an alleged fraud that forced Citigroup Inc to trim its 2013 profit. Citigroup said last month it uncovered $400 million in bogus loans to Oceanografia at its Mexican subsidiary, Banamex. Oceanografia [...]

3/18/14Citigroup Inc (NYSE:C) – Citigroup unit to pay $1.1 mln to settle short-selling case (Jutia Group)

[Reuters] - A unit of Citigroup Inc will pay $1.1 million to settle civil charges it violated certain short-selling rules designed to reduce market manipulation risks, a Wall Street-funded regulator and BATS Global ... Read more on this. Citigroup Inc. (C), with a current market cap of $145.39B, started trading this morning at [...]

3/13/14Stock Update (NYSE:C): Fischer defends Citi stint, toes line on Fed policy (Jutia Group)

[Reuters] - Stanley Fischer, President Barack Obama's nominee to be No. 2 at the U.S. Federal Reserve, on Thursday defended his ties to Citigroup, saying he would have been ill-prepared for his last central banking job without his experience at the megabank. "My three years at Citigroup were the most important element in my [...]

3/5/14Market Update: Citigroup Inc (NYSE:C) – Moody’s opts against ratings boost for Citigroup Mexi... (Jutia Group)

[Reuters] - Moody's Investors Service has decided against raising its credit ratings on debt of Banamex, the Mexican subsidiary of Citigroup Inc, because of the bank's disclosure last week of losses on some $400 million on fraudulent loans to an oilfield services company. Positive credit trends at Banamex that on Feb. 12 prompted Moody's [...]

3/3/14Citigroup Inc (NYSE:C) – SL Green Consolidates Ownership of Citigroup’s Headquarters Property (Jutia Group)

[at noodls] - SL Green Consolidates Ownership of Citigroup's Headquarters Property New York, NY - March 3, 2014 - SL Green Realty Corp. (NYSE: SLG) The Company announced an agreement to acquire Ivanhoe Cambridge's stake ... Read more on this. Citigroup Inc. (C), valued at $144.43B, started trading this morning at $47.80. [...]

2/28/14Company Update: Citigroup Inc (NYSE:C) – Citigroup Adjusts Fourth Quarter and Full Year 2013 Fi... (Jutia Group)

[Business Wire] - Citi announced today that it is adjusting downward its fourth quarter and full year 2013 financial results, from those reported on January 16, 2014, by an estimated $235 million after-tax as a result of a fraud recently discovered in its subsidiary in Mexico. Read more on this. Citigroup Inc. (C), [...]

2/21/14Company Update: Citigroup Inc (NYSE:C) – Citigroup Statement on Basel III Advanced Approach Rep... (Jutia Group)

[Business Wire] - The Federal Reserve Board has announced that Citi has been approved to exit parallel Basel III reporting for U.S. regulatory capital purposes and transition from the general risk-based capital rules to Basel III “advanced approaches,” effective for the second quarter of 2014. Read more on this. Citigroup Inc. (C), with [...]

2/20/14Citigroup Inc (NYSE:C) – Citigroup, Barclays settle lawsuit over losses tied to Lehman (Jutia Group)

[Reuters] - Citigroup Inc has settled a lawsuit against Barclays Plc in which it sought to recover more than $141 million for providing foreign exchange services to a unit of Lehman Brothers Holdings Inc during the 2008 financial crisis. In a letter filed on Thursday with the U.S. District Court in Manhattan, the banks [...]

2/19/14Company Update: Citigroup Inc (NYSE:C) – Court upholds Citigroup arbitration win over Abu Dhabi... (Jutia Group)

[Reuters] - A U.S. appeals court on Wednesday rejected the Abu Dhabi Investment Authority's effort to void Citigroup Inc's arbitration win in a dispute over a $7.5 billion investment in the bank less than a year before the 2008 financial crisis. The 2nd U.S. Circuit Court of Appeals in New York said the sovereign [...]

2/14/14Citigroup Inc (NYSE:C) – Citigroup Inc. Announces Offers to Purchase Three Series of Outstandin... (Jutia Group)

[Business Wire] - Citigroup Inc. today announced the commencement of offers to purchase for cash certain of its notes of the series set forth in the table below . Read more on this. Citigroup Inc. (C), valued at $150.23B, began trading this morning at $49.59.   Shares have traded today [...]

2/12/14Citigroup Inc (NYSE:C) – Citi Cards CEO Jud Linville to Present at the 2014 Credit Suisse Finan... (Jutia Group)

[at noodls] - New York - Jud Linville, Chief Executive Officer of Citi Cards, will present at the 2014 Credit Suisse Financial Services Forum on Wednesday, February 12, 2014. The presentation is expected to begin at ... Read more on this. Citigroup Inc. (C), currently valued at $151.31B, opened this morning at $49.78. [...]

2/11/14Citigroup Inc (NYSE:C) – Citigroup Inc. Announces Purchase Price and Final Tender Results (Jutia Group)

[Business Wire] - LONDON--(BUSINESSWIRE)-- NOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, ... Read more on this. Citigroup Inc. (C), valued at $150.16B, began trading this morning at $49.24.   [...]

2/10/14Company Update: Citigroup Inc (NYSE:C) – Citigroup Settles Insurance Lawsuit, Shares Up (Jutia Group)

[Zacks] - Amidst the ongoing investigations and litigation issues in the banking sector by various regulators, Citigroup Inc. (C) has emerged with another settlement. With this move, Citigroup's shares rallied 2.26% ... Read more on this. Citigroup Inc. (C), valued at $149.40B, started the session at $49.55.   Today, shares [...]

2/7/14Citigroup Inc (NYSE:C) – Will This Bank of America (BAC) Upgrade Help Citigroup (C) Today? (Jutia Group)

[at TheStreet] - Bank of America (BAC) has added Citigroup (C) to its "US 1 List" thanks to pullback in the stock that has created an attractive buying opportunity. Bank of America set a $65 target price. Read more on this. Citigroup Inc. (C), valued at $147.92B, opened at $49.09.   [...]

2/6/14Citigroup Inc (NYSE:C) – Interesting Citigroup Put And Call Options For March 14th (Jutia Group)

[at TheStreet] - Investors in Citigroup Inc saw new options begin trading today, for the March 14th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the C options chain for the new March ... Read more on this. Citigroup Inc. (C), valued at $145.71B, opened this morning at [...]

2/5/14Citigroup Inc (NYSE:C) – Citigroup Head of Currencies Anil Prasad to Step Down in March (Jutia Group)

[at Bloomberg] - Citigroup Inc. (C) , the third-largest U.S. bank, said its head of foreign exchange Anil Prasad has decided to leave the bank to “pursue other interests.” Prasad will work through March and a successor ... Read more on this. Citigroup Inc. (C), valued at $141.95B, opened this morning at $46.76. [...]

2/4/14Stock Update: Citigroup Inc (NYSE:C) – Why banking and work-life balance don’t mix (Jutia Group)

[at Fortune] - By Sanjay Sanghoee Citigroup, the nation's third-largest bank, is giving its junior bankers a break from Wall Street's infamously rigorous work hours. In a memo last week, the bank told its underlings ... Read more on this. Citigroup Inc. (C), currently valued at $141.75B, started trading this morning at $47.00. [...]

2/3/14Citigroup Inc (NYSE:C) – MOVES-Citigroup, Standard Chartered, RBC Wealth Management (Jutia Group)

[Reuters - UK Focus] - The following financial services industry appointments were announced on Monday. To inform us of other job changes, email moves@thomsonreuters.com. ** CITIGROUP INC The bank named James Bardrick, one of ... Read more on this. Citigroup Inc. (C), with a current market cap of $140.77B, started the session at [...]

1/31/14Company Update: Citigroup Inc (NYSE:C) – Citigroup Debate Continues as Global Fears Extend (Jutia Group)

[at TheStreet] - European and Asian markets were very weak on Friday, as investors continued to worry over emerging-market and European economies, which is especially important to Citigroup. Read more on this. Citigroup Inc. (C), valued at $145.22B, began trading this morning at $47.51.   A quick look at the [...]

1/30/14Citigroup Inc (NYSE:C) – Wells Fargo (WFC) Cuts Citigroup (C) From Priority Stock List (Update) (Jutia Group)

[at TheStreet] - Wells Fargo (WFC) cut Citigroup (C) from its Priority Stock List. The firm stated that Citigroup is leveraged to slower emerging market growth. Read more on this. Citigroup Inc. (C), with a current market cap of $145.64B, opened this morning at $48.46.   During the trading session, [...]

1/29/14Citigroup Inc (NYSE:C) – Citigroup Expands in Europe Energy Markets as Banks Retrench (Jutia Group)

[at Bloomberg] - Citigroup Inc. (C) is increasing its gas and power business in Europe as competitors from Bank of America Corp. (BAC) to Morgan Stanley (MS) withdraw amid tighter regulation and staff cuts at utilities. ... Read more on this. Citigroup Inc. (C), currently valued at $147.82B, started trading this morning at [...]

1/24/14Citigroup Inc (NYSE:C) | Stop Buying Citigroup Shares, Says Analyst (Jutia Group)

[at TheStreet] - Atlantic Equities analyst Richard Staite cuts his price target and earnings estimates for Citigroup, while lowering his rating on the stock to 'neutral.' Read more on this. Citigroup Inc. (C), currently valued at $149.90B, opened at $50.05.   During the trading session, C traded between $49.29 to [...]

1/23/14Company Update: Citigroup Inc (NYSE:C) – Citigroup Will Trim Korea Branch Network in 2014, Gers... (Jutia Group)

[at Bloomberg] - Citigroup Inc., whose international consumer bank is the largest among U.S. lenders, will stop running Korean branches that aren’t around large cities, Chief Financial Officer John Gerspach said. Read more on this. Citigroup Inc. (C), currently valued at $153.80B, began trading this morning at $51.65.   Looking [...]

1/22/14Company Update (NYSE:C): Bankers Urge Britain to Remain Part of European Union (Jutia Group)

[at New York Times] - Though there is ample popular sentiment in Britain for withdrawing from the European Union, the British Bankers’ Association and Citigroup are supporting keeping the country as part of the bloc. Read more on this. Citigroup Inc. (C), valued at $157.17B, started the session at $52.01.   [...]

1/21/14Company Update: Citigroup Inc (NYSE:C) – Kilowatt Financial Announces Debt Facility with Citi t... (Jutia Group)

[Business Wire] - Kilowatt Financial, a leading clean energy consumer finance company, today announced that it recently closed a $100 million debt facility from Citi to finance energy efficiency loa Read more on this. Citigroup, Inc. (C), with a current market cap of $159.35B, opened at $52.50.   Looking at [...]

1/17/14Company Update – Citigroup Inc (NYSE:C) – Three Years A Bear, Citi Morphs Into a Mining Bull (Jutia Group)

[at Forbes] - The case for a revival in the mining sector attracted a fresh advocate yesterday when Citigroup said it had turned bullish about mining for the first time in three years. There was, however, a proviso. A research report dated January 16 acknowledged that the switch from neutral, and a previous position [...]

1/16/14Citigroup Inc (NYSE:C) – Citigroup earnings don’t dazzle (Jutia Group)

[at CNNMoney.com] - Citigroup failed to live up to Wall Street's expectations Thursday as it reported fourth quarter earnings that fell short of estimates. The bank reported a gain of 82 cents per share (backing out one-time ... Read more on this. Citigroup, Inc. (C), with a current value of $161.89B, opened this [...]

1/15/14Company Update: Citigroup Inc (NYSE:C) – Exclusive: U.S. regulators at Citi in London as part o... (Jutia Group)

[Reuters] - The U.S. Federal Reserve and Office of the Comptroller of the Currency have sent investigators to Citigroup's London headquarters as part of an international investigation into alleged manipulation of ... Read more on this. Citigroup, Inc. (C), with a current value of $166.87B, began trading this morning at $54.52.   [...]

1/14/14Citigroup Inc (NYSE:C) ~ Former Citigroup Executive Joins Hedge Fund as Chairman (Jutia Group)

[at New York Times] - John P. Havens, who resigned as chief operating officer of Citigroup in 2012 when Vikram S. Pandit was ousted as chief executive, has found a new home at the hedge fund business that was spun out of the ... Read more on this. Citigroup, Inc. (C), valued at [...]

1/10/14Citigroup Inc (NYSE:C) – ModernGraham Valuation Of Citigroup (Jutia Group)

[at Seeking Alpha] - Here is a look at how Citigroup ( C ) fares in ModernGraham's opinion, based on an updated and modernized version of Benjamin Graham's requirements of defensive and enterprising investors from The Intelligent ... Read more on this. Citigroup, Inc. (C), valued at $166.15B, opened this morning at $55.03. [...]

1/9/14Morgan Stanley (NYSE:MS) – More Multiple Choice With Bank of America, Citigroup and JPMorgan (Jutia Group)

[at Barrons.com] - Yesterday, Jefferies' started JPMorgan (JPM) and Bank of America (BAC) with Buy ratings and Citigroup (C) at Neutral. Now it's Nomura's turn, as the Japanese investment bank launches coverage of those ... Read more on this. Morgan Stanley (MS), valued at $61.56B, started trading this morning at $31.66.   [...]

1/9/14Company Update: Citigroup Inc. (NYSE:C) – ISDA to Kill Euro Libor Rate After Citigroup Stops Pa... (Jutia Group)

[at Bloomberg] - The International Swaps & Derivatives Association is canceling a European interest rate after Citigroup Inc. decided to stop contributing data used to set the benchmark. Read more on this. Citigroup, Inc. (C), currently valued at $166.93B, opened this morning at $55.00.   Looking at today's market, C [...]

1/8/14Company Update – Citigroup Inc. (NYSE:C) – RBC’s Cassidy Predicts Dividend Boost for Citi (... (Jutia Group)

[at Bloomberg] - Gerard Cassidy, managing director of equity research at RBC Capital Markets, says Citigroup will have a "sizeable increase" in its dividend and share buyback program this year. Cassidy talks ... Read more on this. Citigroup, Inc. (C), valued at $166.48B, began trading this morning at $54.29.   [...]

1/7/14Stock Update: Citigroup Inc. (NYSE:C) – Cellcom, Partner Drop on Citi Competition View: Tel Avi... (Jutia Group)

[at Bloomberg] - Cellcom Israel Ltd. and Partner Communications Co., Israel’s two largest wireless operators by number of subscribers, fell after Citigroup Inc. said competition will continue to hit revenues. Read more on this. Citigroup, Inc. (C), with a current value of $164.49B, opened this morning at $54.64.   Looking [...]

1/2/14Stock Update: Citigroup Inc. (NYSE:C) – Citigroup: Raymond James Lowers Estimates, Still Sees U... (Jutia Group)

[at Barrons.com] - Citigroup (C) this morning said some nice things about Bank of America (BAC) and JPMorgan Chase (JPM). Now Raymond James has some nice things to say about Citigroup, even as it cut its price target. Raymond ... Read more on this. Citigroup, Inc. (C), valued at $157.75B, started the session [...]

12/27/13Citigroup Inc. (NYSE:C) | Times Square Alliance, Countdown Entertainment And Citi Announce New Yo... (Jutia Group)

[Business Wire] - Times Square Alliance President Tim Tompkins, Countdown Entertainment President Jeffrey A. Straus, Citi Executive Vice President for Global Public Affairs Edward Skyler and New York City Transportation Commissioner Janette Sadik-Khan today announced New Yorkers and visitors will have an opportunity to help power the Times Square New Year’s Eve Ball Drop [...]

12/19/13Stock Update: Citigroup Inc. (NYSE:C) – Cash Dividend On The Way From Citigroup Capital XI 6.00... (Jutia Group)

[at Forbes] - On 12/23/13, Citigroup Capital XI 6.00% Capital Securities (NYSE: C.PRQ) will trade ex-dividend, for its quarterly dividend of $0.375, payable on 12/27/13. As a percentage of C.PRQ's recent share price of $25.15, this dividend works out to approximately 1.49%, so look for shares of C.PRQ to trade 1.49% lower ? [...] [...]

12/18/13Citigroup Inc. (NYSE:C) ~ Citigroup Said to Plan Flat or Smaller Bonuses (Jutia Group)

[at Bloomberg] - Citigroup Inc.’s bonuses for investment bankers and traders probably will be little changed or drop from last year as the third-largest U.S. lender seeks to reduce costs, according to a person briefed ... Read more on this. Citigroup, Inc. (C), currently valued at $155.99B, opened at $50.81.   [...]

12/17/13Stock Update: Citigroup Inc. (NYSE:C) – Yahoo!: Citi Cuts Estimates, Raises Target; Alibaba All... (Jutia Group)

[at Barrons.com] - Citigroup's Mark May this morning reiterated a Buy rating on shares of Yahoo! (YHOO), and hikes his price target to $46 from $39, after cutting estimates to assume higher capital expenses, but raising his valuation of the company's 24% stake in Alibaba Group Holding, the Chinese e-commerce giant that is expected [...]

12/16/13Citigroup Inc. (NYSE:C) – New Citi Survey Shows That More Americans Say They Are Increasing –... (Jutia Group)

[Business Wire] - As Americans check holiday presents off their lists and get ready for the holiday season, more say they will increase spending and fewer say they are cutting back on expenses, according to the results of a recent Citi national survey, conducted by Hart Research. Read more on this. Citigroup, Inc. [...]

12/13/13Company Update – Citigroup Inc. (NYSE:C) – Analyst Moves: WDC, STX, XOM, X (Jutia Group)

[at Forbes] - This morning, Citigroup upgraded shares of both Western Digital (WDC) and Seagate (STX) to buy ratings as the sector is poised to rebound with the demand for PCs recovering. In the report, Citigroup set a $62 price target on shares of Seagate and a $100 price target on shares of [...] [...]

12/12/13Citigroup Inc. (NYSE:C) ~ Bank bond investors should fear fast-tracked EU bail-in (Jutia Group)

[Reuters - UK Focus] - European Union plans to force bond investors take their share of losses in failing banks by 2016 could risk undermining appetite for bank debt and make it more difficult for weaker lenders to fund themselves, credit market experts said. The so-called "bail-in" of bondholders is aimed at ensuring all [...]

12/11/13Company Update: Citigroup Inc. (NYSE:C) – Citigroup Announces Expiration and Final Tender Resul... (Jutia Group)

[Business Wire] - Citigroup Inc. announced today the expiration and final tender results of its previously announced cash tender offers (each, an “Offer” and, collectively, the “Offers Read more on this. Citigroup, Inc. (C), valued at $155.50B, opened at $51.62.   Looking at the stock, its one day range is [...]

12/10/13Company Update: Citigroup Inc. (NYSE:C) – Analyst Moves: MCD, JCI, MTN (Jutia Group)

[at Forbes] - This morning, Citigroup increased its price target on shares of McDonald's (MCD) to $103 as the fast food continues to drive sales with its value menu and promotional offers. In the report, Citigroup maintained its neutral rating. Shares of MCD were lower by 0.6% and trading just north of $95. RBC [...]


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