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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
Citi released a report on the future of giving, highlighting the impact of geopolitical instability on charitable donations. While philanthropic sentiment remained high, charitable receipts evolved differently across the world in 2022. The US saw a reversal in growth, while the UK experienced a return to growth. Giving in Sweden also saw rapid growth after years of stagnation. The report also noted a reshaping of the donor base, with philanthropic dollars increasingly coming from institutions and affluent individuals. The allocation of charitable dollars might change, with larger nonprofits attracting more affluent donors. The report also highlighted the shift in the geography of philanthropy, with donors showing a preference for supporting locally-led organizations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.8%
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none
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Rhea-AI Summary
Citi has been appointed as the depositary bank for Abivax's IPO of American Depositary Shares (ADSs). Abivax's ADSs trade on Nasdaq and its ordinary shares are listed on Euronext Paris.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.89%
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none
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Rhea-AI Summary
Citi's Issuer Services has acted as the Issuing and Paying Agent for the first Digitally Native Note (DNN) issuance under English Law via Euroclear's D-FMI platform. The EUR 100 million 3-year DNN was issued by the World Bank and listed on the Luxembourg Stock Exchange. This partnership demonstrates the potential of blockchain technology to integrate with existing capital markets architecture.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.1%
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none
Rhea-AI Summary
Citigroup Inc. declares quarterly dividend on common stock and preferred stock
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.01%
Tags
dividends
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Rhea-AI Summary
Citi publishes report on supply chain technology and its potential to improve efficiency, resilience, and transparency.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.01%
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none
-
Rhea-AI Summary
Citi and Navan launch a new travel and expense system for Citi Commercial Bank cardholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.01%
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none
Rhea-AI Summary
Citigroup Inc. is redeeming all $1.495 billion of its Series K Depositary Shares representing interests in its Preferred Stock. The redemption date is November 15, 2023, and the cash redemption price per Depositary Share is $25. The redemption is part of Citigroup's liability management strategy and efforts to enhance its funding and capital structure. Beginning on the Redemption Date, the Depositary Shares will no longer be outstanding and dividends will not accrue on them.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.61%
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none
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Rhea-AI Summary
Citi reported Q3 2023 results. Conference call scheduled for today.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.24%
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-
Rhea-AI Summary
Citi Securities Services successfully settles trades for China Asset Management on HKEX Synapse platform.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.42%
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none
Rhea-AI Summary
Citi's Global Perspectives & Solutions report emphasizes the need for African governments and the private sector to collaborate for a new growth model. Africa's resilience during the COVID-19 crisis is highlighted, but fiscal deficits and defaults remain challenges. The report suggests narrowing fiscal deficits through revenue generation and taxing the informal sector. It also mentions the importance of formulating new exchange rate policies. Development in Africa requires clear politics, policy, and a gradual process.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.42%
Tags
none
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.