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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
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
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End-of-Day
5.51%
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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.
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Citi introduces Citi Shop, a free shopping desktop browser extension for eligible U.S. Citi credit cardmembers, offering instant savings at over 5,000 online merchants. The program aims to address the time barrier for consumers in finding deals, with 35% of Americans stating it takes too long to find coupons or promo codes. The extension covers nearly 30 different categories, allowing cardmembers to earn rewards like ThankYou Points or miles on their purchases.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.87%
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Citi has released the fourth edition of its Global Perspectives & Solutions report, focusing on supply chain resilience and global trade transformation. The report highlights the impact of disruptions in major canal routes, the diversification of supply chain partners, and the adoption of a China Plus One strategy. It also emphasizes the role of technology in enhancing trade finance and boosting resiliency strategies across the supply chain.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.56%
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Citi and LuminArx Capital have launched Cinergy, a strategic financing vehicle in the private lending market, offering asset-backed and corporate capital solutions to Citi’s global client base. Cinergy will invest over $2 billion of capital across multiple asset classes, including asset-backed credit and corporate debt. It aims to meet the capital needs of clients and provide innovative leverage solutions to expand investment capacity.
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End-of-Day
-0.49%
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Citi (C) reports Q4 and full-year 2023 results, with a Quarterly Financial Data Supplement available on its website. The company will host a conference call to review the results.
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1.04%
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Citigroup Inc. (C) declares a quarterly dividend of $0.53 per share for its common stock, payable on February 23, 2024. Dividends for various preferred stock series are also declared, with payments ranging from $9.6875 to $31.25 per receipt held.
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End-of-Day
1.04%
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Citi (C) Donates Over $6.6 Million to Support Education-Focused Non-Profit Organizations for 2023 e for Education Campaign
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-0.59%
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ZKH Group Limited (ZKH) appoints Citi's Issuer Services as depositary bank for its American Depositary Receipt program. ZKH's ADSs trade on the NYSE under the ticker 'ZKH'. The initial public offering price is US$15.50 per ADS, with a total offering size of US$62 million. Citi's Global Head of Issuer Services, Dirk Jones, expresses commitment to providing high-quality ADR services to ZKH and its investors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.51%
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Rhea-AI Summary
Supra (SUPRA) is a Colombian fintech specializing in cross-border payments and treasury solutions for small and medium-sized businesses (SMBs) involved in import and export activities. Citi has led a strategic investment round in Supra, with Far Out Ventures and H20 Capital also participating in the financing round. The investment and integration of Citi’s cross-border payments and FX technology will support Supra’s operations and expansion in Colombia. The new capital will enable the growth of Supra’s Colombian operations to fulfill its payment aggregator role in partnership with Foreign Exchange Market Intermediaries (IMC) and licensed Payment Service Providers. In 2022, the market for business-to-business cross-border payments in Colombia was approximately $134 billion according to data from the Colombian Tax Authorities (DIAN).
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.51%
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Citigroup Inc

NYSE:C

C Rankings

C Stock Data

113.83B
1.85B
3.09%
71.07%
1.56%
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.