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Citigroup Inc. (C)

USA
Money Center Banks
NYSE
C Price and Sentiment
1MO
1D
Positive, Negative
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C Latest news
PYMNTS
Positive
Citi Offers Digital Bill Payment Through RTP Network
2021-10-26 16:36

Citi's Treasury and Trade Solutions (TTS) division has begun to allow digital bill payment through the RTP network, The Clearing House's (TCH) real-time payment network, according to a press release. The new program — a first in the U.S., per the release — will benefit Citi's institutional and consumer clients.

Market Watch
Neutral
The Motley Fool
Neutral
Big Bank Earnings Breakdown: Here's What You Need to Know
2021-10-25 14:37

We've now heard from the largest U.S. banks; here's what investors need to know.

Yahoo Finance
Neutral
Citigroup CEO: ‘We do want people' back at work — but flexibility is ‘also very important'
2021-10-25 14:09

In a new interview with Yahoo Finance Editor-in-Chief Andy Serwer, Citigroup CEO Jane Fraser said the bank wants workers back in the office in some capacity, noting the "tremendous value" that comes from in-person connections. However, she said Citigroup will offer workers more flexibility than they had before the pandemic.

Yahoo Finance
Positive
Citigroup CEO: 'Very tangible benefits' come from digital currencies
2021-10-25 12:07

In a new interview with Yahoo Finance Editor-in-Chief Andy Serwer, Citigroup CEO Jane Fraser outlined the benefits that digital currencies bring — including transparency and instant processing. Don't Miss: Valley of Hype: The Culture That Built Elizabeth Holmes WATCH HERE: https://youtu.be/Sb179GLPNYE Watch the 2021 Berkshire Hathaway Annual Shareholders Meeting on YouTube: https://youtu.be/gx-OzwHpM9k

Yahoo Finance
Neutral
Citigroup CEO Jane Fraser joins Yahoo Finance's All Markets Summit 2021
2021-10-25 11:38

Citigroup CEO Jane Fraser's full interview with Yahoo Finance Editor-in-Chief Andy Serwer, where she discusses supply chain disruptions, inflation, as well as the current state of the U.S. economy during the COVID-19 pandemic. Don't Miss: Valley of Hype: The Culture That Built Elizabeth Holmes WATCH HERE: https://youtu.be/Sb179GLPNYE Watch the 2021 Berkshire Hathaway Annual Shareholders Meeting on YouTube: https://youtu.be/gx-OzwHpM9k

Yahoo Finance
Positive
Citigroup CEO on inflation: 'We're probably in for a bit of a brutal winter'
2021-10-25 11:32

In a new interview with Yahoo Finance Editor-in-Chief Andy Serwer, Citigroup CEO Jane Fraser weighed in on supply chain disruptions and inflation. She predicts the "extraordinary disclocation" caused by COVID-19 will pass by 2022 — but not before we have a "brutal winter.

Reuters
Negative
Citigroup warns of hefty charges from South Korea consumer business closing
2021-10-25 08:00

(Reuters) -Citigroup Inc on Monday warned of significant charges related to the closing of its consumer banking business in South Korea, months after announcing its exit from 13 markets across Asia, Europe, Middle East and Africa.

Market Watch
Negative
Citigroup expects 'significant' charges from shuddering Korea consumer banking unit
2021-10-25 07:58

Citigroup C, +1.22% said Monday it'll incur "significant" charges for winding down its Citibank Korea Inc. unit, and that it'll likely provide more details in the next four business days. The bank said the move is part of its previously announced plans to exit its consumer franchises in 13 markets across Asia, Europe, the Middle East and Africa.

Market Watch
Neutral
Major U.S. banks continue to finance oil and gas industry, study says
2021-10-25 07:45

JPMorgan Chase JPM, +1.35% Citigroup C, +1.22% and Bank of America BAC, +1.58% collected the most fees from the oil, gas and coal sectors in the past six years, according to a Bloomberg study released Monday. The news service said these and other major banks have drawn in at least $17 billion in fees and floated about $4 trillion in loans for fossil fuels since the Paris Agreement on climate was reached in 2015.

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