Citigroup Inc Stock Price, News & Analysis

Citi is set to hold an Investor Day on March 2, 2022, in New York City, with presentations by CEO Jane Fraser and the senior leadership team. The event aims to share Citi's refreshed strategy amid significant industry changes, focusing on future growth and improved returns. The agenda and dial-in information will be provided later, while webcast materials will be accessible post-event. Citi operates globally with around 200 million customer accounts in over 160 countries, offering a wide range of financial services.

Citi has launched its 9th annual e for education campaign, aiming to raise awareness and funds for organizations tackling childhood illiteracy and enhancing education access. This initiative runs from today until October 29, with a percentage of electronic trading proceeds donated. Since 2013, the campaign has raised over $47 million and supported over 758,000 youth and 31,000 schools. New partners introduced this year include Asian University for Women, Ditch the Label, and Pencils of Promise.

Mark Mason, CFO of Citi, will address the Barclays Global Financial Services Conference virtually on September 14, 2021, starting at 3:30 p.m. Eastern. A live webcast will be accessible at www.citigroup.com/citi/investor, with a replay and transcript available post-event. Citi is a leading global bank, serving around 200 million customers across more than 160 nations, offering a wide range of financial services including consumer banking and investment banking.

Citi has announced the return of Nathan Sheets, PhD, as its new Global Chief Economist, effective October 2021. Sheets previously served as Chief Economist at PGIM Fixed Income and held key roles at the US Treasury and the Federal Reserve Board. His extensive experience includes advising during the European fiscal crisis and overseeing global macroeconomic research. Citi's leadership expresses confidence that Sheets' deep insights will significantly enhance the firm's global economics team and benefit their client franchise.

Citi launched Bridge built by Citi, a new online lending platform aimed at helping small and medium-sized businesses secure loans up to $10 million. Initial availability is through a pilot program with 18 banks across the Southeastern and Rocky regions of the U.S. The platform streamlines the loan application process, allowing businesses to connect with lenders beyond their local area, enhancing access to capital.

Citi's commitment to inclusive growth is reinforced through this initiative, which aims to democratize lending and support underserved communities.

The Board of Directors of Citigroup declared a quarterly dividend of $0.51 per share on common stock, payable on August 27, 2021, to stockholders of record on August 2, 2021.

Citi, a leading global bank, serves approximately 200 million customer accounts across more than 160 countries, offering a wide range of financial products and services including consumer banking, corporate and investment banking, and wealth management.

Citi has launched a new Real-Time Liquidity Sharing solution aimed at enhancing liquidity and working capital management for businesses. This innovative platform is part of Citi's Liquidity Optimization product suite and will initially be available in six Asia Pacific markets including Australia, China, Hong Kong, New Zealand, Singapore, and Taiwan. Designed to address challenges heightened by the pandemic, the solution enables treasury teams to manage intraday liquidity in real-time, optimizing working capital and reducing manual processes.