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Citigroup Inc. - $C STOCK NEWS

Welcome to our dedicated page for Citigroup news (Ticker: $C), a resource for investors and traders seeking the latest updates and insights on Citigroup stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Citigroup's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Citigroup's position in the market.

Rhea-AI Summary

Citi has made a strategic investment in Cicada Technologies Inc. to facilitate institutional e-trading of Mexican government bonds. Cicada's innovative all-to-all trading system allows global institutional market participants to trade Mexican government bonds without a pre-existing relationship. Citi will act as a liquidity provider for the trading platform, aiming to increase electronification in the Mexican fixed income market.

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Citigroup Inc. announces the redemption of $2.0 billion of its 0.981% Fixed Rate / Floating Rate Notes due 2025 and $500.0 million of its Floating Rate Notes due 2025. The redemptions aim to enhance funding and capital structure efficiency, with further opportunities considered based on various factors. Interest will cease accruing on the notes post-redemption date.

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-0.64%
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Rhea-AI Summary
Citigroup Inc. announces the redemption of C$56.782 million of its 5.160% Fixed Rate / Floating Rate Subordinated Notes due 2027, reflecting its strategy to enhance funding and capital structure. The redemption date is May 24, 2024, with interest no longer accruing post-redemption. Citigroup will continue to evaluate opportunities to redeem or repurchase securities based on various factors.
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-0.32%
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Citigroup Inc. announces the full redemption of Series D Preferred Stock, totaling $1.25 billion, with a redemption date of May 15, 2024. The cash redemption price per Depositary Share is $1,000, with holders receiving a quarterly dividend of $22.5865. The redemption aligns with Citigroup's liability management strategy and aims to enhance funding and capital efficiency.
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-2.63%
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Citi released its first quarter 2024 results, available on its website. A conference call will be held to discuss the financial data.
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-1.7%
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Citigroup Inc. announces the redemption of $2.75 billion of its 3.352% Fixed Rate / Floating Rate Notes due 2025, reflecting its liability management strategy and commitment to optimizing funding and capital structure.
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-2.4%
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Citigroup Inc. announces quarterly dividends on common and preferred stocks, with varying rates and payment dates in 2024.
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-1.26%
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Citigroup Global Markets Holdings Inc. announces the offering of guaranteed cash-settled exchangeable bonds due April 2029 in an aggregate principal amount of EUR 375-400 million, referable to LVMH Moet Hennessy Louis Vuitton shares. The Bonds will have an issue price between 102.7%-103.7% of their principal amount, with a 1.00% annual coupon, and will be redeemed at par on 9 April 2029.
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1.77%
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Citigroup Inc. announces the redemption of its 7.125% Fixed Rate / Floating Rate Noncumulative Preferred Stock, Series J, totaling $550 million. This redemption is part of Citigroup's liability management strategy to enhance funding and capital efficiency.
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0.8%
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Citi's Issuer Services appointed as depositary bank for Air Astana Group's GDR program, expanding investor outreach. Air Astana's GDRs trade on LSE, AIX, and Rule 144A GDRs. Each GDR represents four ordinary shares. Citi to provide support through its global network.
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Citigroup Inc.

NYSE:C

C Rankings

C Stock Data

119.69B
1.85B
3.09%
71.07%
1.56%
Commercial Banking
Finance and Insurance
Link
United States of America
NEW YORK

About C

Citigroup Inc. or Citi is an American multinational investment bank and financial services corporation headquartered in New York City. The company was formed by the merger of banking giant Citicorp and financial conglomerate Travelers Group in 1998; Travelers was subsequently spun off from the company in 2002.