About the Company
Citigroup Inc. or Citi (stylized as citi) is an American multinational investment bank and financial services corporation incorporated in Delaware and headquartered in New York City. The company was formed by the merger of Citicorp, the bank holding company for Citibank, and Travelers in 1998; Travelers was spun off from the company in 2002. Citigroup is the third-largest banking institution in the United States by assets; alongside JPMorgan Chase, Bank of America, and Wells Fargo, it is one of the Big Four banking institutions of the United States. It is considered a systemically important bank by the Financial Stability Board and is commonly cited as being too big to fail. It is one of the eight global investment banks in the Bulge Bracket. Citigroup is ranked 36th on the Fortune 500. and was ranked #24 in Forbes Global 2000 in 2023. Citigroup operates with two major divisions: Institutional Clients Group (ICG), which offers investment banking and corporate banking services as well as treasury and trade solutions (TTS) and securities services such as custodian banking; and Personal Banking and Wealth Management (PBWM), which includes Citibank, a retail bank, the third largest issuer of credit cards, as well as its wealth management department. The company also operates banking subsidiaries in several countries; however, it is in the process of exiting most of its international operations. But Citi plans to launch an investment banking unit in China within 12 to 18 months in 2024. The company has already hired a CEO, CFO and compliance director in January, and will hire 30 more employees by the end of the year.
Exchange
NYSE
Fundamental Data and Insider Transactions (Quarterly data) Full Screen
Loading the fundamentals chart...
Latest $C News
Citi Trims Fed Bet for 2024, Still Sees Multiple Rate Cuts
Citigroup Inc. dialed back expectations for Federal Reserve interest-rate reductions on Friday, while remaining among the ...
Citi, JPMorgan See Carry Trade Revive as Fed Hawkishness Spreads
Emerging-market currencies will be attractive for carry traders as hawkishness has been spreading from the Federal Reserve to ...
Citi Strategists Say Buy the Dip in Stocks on Solid Earnings
Global equities are more attractive after the recent rout removed market froth and as investors focus on robust corporate ...
Citi managing director details 'pervasive' sexual harassment in lawsuit
A Citigroup managing director said the bank failed to protect her from a supervisor's violent threats and abuse because of ...
Citi’s Results Offer Insights into the Stock Market Landscape
Investors keen on understanding the dynamics propelling the stock market to its recent record highs can glean valuable ...
Institutional owners may ignore Citigroup Inc.'s (NYSE:C) recent US$3.7b market cap decline as longer-term profits stay in the green
Key Insights Institutions' substantial holdings in Citigroup implies that they have significant influence over ...
Mr. Cooper Group taps former Wells Fargo, Citigroup vet as new chief investment officer
Ranjit Bhattacharjee comes to Mr. Cooper Group from Wells Fargo, where he worked as executive vice president and head of ...
Citigroup Announces C$56.782 Million Redemption of 5.160% Fixed Rate / Floating Rate Subordinated Notes due 2027
Citigroup Inc. is announcing the redemption, in whole, constituting C$56,782,000 of its 5.160% Fixed Rate / Floating Rate Subordinated Notes due 2027 (the “notes”) (ISIN: ...
Buy the dip in global stocks: Citigroup
Global equities are more attractive after the recent rout removed market froth and as investors focus on robust corporate ...
Citigroup Inc.
No significant news for in the past two years. Key Stock Data P/E Ratio (TTM) The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing ...
Oil rises for the week but Citi sees bearish view of crude market fundamentals
Crude oil prices rise on easing geopolitical risk and a large draw in US inventories, while a strong dollar dampens hopes of ...
Q1 2024 L3Harris Technologies Inc Earnings Call
Greetings. Welcome to the L3Harris Technologies First Quarter 2024 Earnings Call. (Operator Instructions) As a reminder, this conference call is being recorded. It is now my pleasure to introduce your ...
Loading the latest forecasts...