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Citigroup Inc - C STOCK NEWS

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

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
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.77%
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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.8%
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Rhea-AI Summary
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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End-of-Day
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Rhea-AI Summary
Citi, Wellington Management, and WisdomTree successfully completed a proof of concept on tokenization of private funds on the Avalanche Spruce institutional test Subnet. The smart-contract capabilities demonstrated new functionalities that could enhance operational efficiencies in private markets, valued at $10 trillion. The experiment involved tokenizing a Wellington issued private equity fund on a distributed ledger technology network, showcasing the potential for automation, compliance, and control environment improvements for issuers, distributors, and investors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.31%
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Rhea-AI Summary
Citi Securities Services launches FIX API connectivity on ACES, the bank's online ETF portal, to streamline order management and onboarding for authorized participants. The integration aims to unlock scalability and efficiency for clients and all ETF market participants, with the ETF industry experiencing significant growth. The new enhancement comes at an opportune time as the industry moves towards T+1 settlement and digitization, covering 12 markets globally and close to $555 billion in assets under administration since 2014.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.35%
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Rhea-AI Summary
Dillard’s, Citi, and Mastercard have entered into new agreements to provide a credit card program for Dillard’s customers. Citi will purchase existing Dillard’s credit card accounts, and Mastercard will serve as the exclusive payment network for co-branded cards offered under the new program. The new program is expected to launch in late summer 2024 for new Dillard’s credit applicants, with the transfer of existing accounts to Citi expected in the fall of 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.51%
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none
Rhea-AI Summary
Dillard’s, Citi, and Mastercard have entered into new agreements to provide a credit card program for Dillard’s customers. Citi will purchase existing Dillard’s credit card accounts, and Mastercard will serve as the exclusive payment network for co-branded cards offered under the new program. The new program is expected to launch in late summer 2024 for new Dillard’s credit applicants, with the transfer of existing accounts to Citi expected in the fall of 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.62%
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none
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Rhea-AI Summary
Dillard’s, Citi, and Mastercard have entered into new agreements to provide a credit card program for Dillard’s customers. Citi will purchase existing Dillard’s credit card accounts, and Mastercard will serve as the exclusive payment network for co-branded cards offered under the new program. The new program is expected to launch in late summer 2024 for new Dillard’s credit applicants, with the transfer of existing accounts to Citi expected in the fall of 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.05%
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none
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Rhea-AI Summary
Elwood Technologies LLP has received regulatory approval from the UK Financial Conduct Authority (FCA) as a service company, making it one of the first digital asset technology providers to do so. The company's execution management system (EMS) has been authorized in relation to security tokens and derivatives, allowing clients to trade digital assets on a global scale. Elwood's SaaS platform, which includes risk representation and analytics tools, has also received SOC2 and ISO 27001 information security certifications. The company is backed by leading global financial firms, including Dawn Capital, Goldman Sachs, Barclays, Citi, and others.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
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Rhea-AI Summary
Elwood Technologies LLP has received regulatory approval from the UK Financial Conduct Authority (FCA) as a service company, making it one of the first digital asset technology providers to do so. The company's execution management system (EMS) has been authorized in relation to security tokens and derivatives, allowing clients to trade digital assets on a global scale. Elwood's SaaS platform, which includes risk representation and analytics tools, has also received SOC2 and ISO 27001 information security certifications. The company is backed by leading global financial firms, including Dawn Capital, Goldman Sachs, Barclays, Citi, and others.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.08%
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none
Citigroup Inc

NYSE:C

C Rankings

C Stock Data

120.18B
1.85B
3.09%
70.97%
1.28%
Commercial Banking
Finance and Insurance
Link
US
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.