Citigroup Inc Stock Price, News & Analysis

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.

The Preferred Stock Committee of Citigroup has declared dividends on various series of preferred stock. Key details include:

• Series A: 5.950% dividend, payable July 30, 2021.
• Series B: 5.900% dividend, payable August 16, 2021.
• Series J: 7.125% dividend, payable September 30, 2021.
• Series K: 6.875% dividend, payable August 16, 2021.
• Series T: 6.250% dividend, payable August 16, 2021.
• Series U: 5.000% dividend, payable September 13, 2021.
• Series V: 4.700% dividend, payable July 30, 2021.
• Series W: 4.000% dividend, payable September 10, 2021.
• Series X: 3.875% dividend, payable August 18, 2021.

Citigroup's CFO Mark Mason and Treasurer Michael Verdeschi will lead the company's Fixed Income Investor Review on July 30, 2021, at 1:00 PM (ET). The event will be accessible via live webcast and teleconference. A replay will be available post-event, with teleconference dial-in options for U.S. and international callers. Citigroup operates globally with around 200 million customer accounts, offering a wide range of financial services including consumer banking, corporate and investment banking, and wealth management.