Citigroup Inc (C) 53.17 $C
The 3 Simple Keys to Operating an Exceptional Bank
John Maxfield, The Motley Fool - Motley Fool - Sat Oct 31, 8:49AM CDT
Want to know why banks like Wells Fargo and U.S. Bancorp have outperformed Bank of America and Citigroup over the past two decades? The slideshow below offers an answer. In short, Bank of America and Citigroup got carried away chasing...
USB: 42.18 (-0.82), C: 53.17 (-0.49), WFC: 54.14 (-0.95), BAC: 16.78 (-0.31)
Fed Proposes 'Too Big To Fail' Bank Buffer Rules
at Investor's Business Daily - Fri Oct 30, 4:37PM CDT
The Federal Reserve Board proposed long-awaited rules for reining in losses from institutions deemed "too big to fail." It requires the eight largest banks to raise a total of $120 billion in debt that could be converted into equity in a crisis. New...
GS: 187.50 (-2.39), JPM: 64.25 (-0.96), C: 53.17 (-0.49), WFC: 54.14 (-0.95), BAC: 16.78 (-0.31), MS: 32.97 (-0.57)
Fed looks at way to shift big-bank losses to investors
By MARCY GORDON - AP - Fri Oct 30, 4:03PM CDT
WASHINGTON (AP) — In their latest bid to reduce the chances of future taxpayer bailouts, federal regulators are proposing that the eight biggest U.S. banks build new cushions against losses that would shift the burden to investors.
JPM: 64.25 (-0.96), C: 53.17 (-0.49), WFC: 54.14 (-0.95), BAC: 16.78 (-0.31), MS: 32.97 (-0.57)
Stocks Fall Back Into Red as Financials Lag
at The Street - Fri Oct 30, 1:55PM CDT
Stocks fall back into the red Friday afternoon as a lag in financial stocks overshadows a push higher by the energy sector.
BUD: 119.33 (+1.59), VRX: 93.77 (-17.73), C: 53.17 (-0.49), FNFG: 10.35 (-0.03), XOM: 82.74 (+0.51), BAC: 16.78 (-0.31), WFC: 54.14 (-0.95), KEY: 12.42 (-0.96), SBUX: 62.57 (+0.07), FSLR: 57.07 (+6.08), RDS.A: 52.46 (-0.10), JPM: 64.25 (-0.96), LNKD: 240.87 (+23.87), SCTY: 29.65 (-8.42), CVS: 98.78 (-5.02), BP: 35.70 (-0.01), ABBV: 59.55 (+5.45), XLF: 24.08 (-0.35), CVX: 90.88 (+0.99), PTR: 78.63 (+1.17), XLE: 68.03 (+0.44), STO: 16.16 (+0.19), CL: 66.35 (-2.88)
Bank Stock Roundup: Rate Hike Stance Bring Citigroup, JPMorgan in Focus at the Tail End of Q3 Earnings
Zacks Equity Research - Zacks Investment Research - Fri Oct 30, 1:43PM CDT
Over the last five trading days, all eyes were on the Federal Reserve's two-day FOMC meeting. Additionally, earnings season for the banking stocks was coming to an end.
RF: 9.35 (-0.29), COF: 78.90 (-1.30), JPM: 64.25 (-0.96), C: 53.17 (-0.49), BAC: 16.78 (-0.31)
New Yorkers to Use Citi Bikes to "Light Up" Queens and Support the Mets on Their Championship Run
Business Wire - Fri Oct 30, 10:00AM CDT
--Times Square Rally on Today and Tomorrow to Feature Rally Towel and Citi Bike Pass Giveaways, Fan Photo Ops and an Appearance by Former Met and Fan Favorite John Franco
C: 53.17 (-0.49)
Deutsche Bank Retreat Follows JPMorgan, BofA, Citi
at Investor's Business Daily - Thu Oct 29, 3:51PM CDT
Deutsche Bank (DB) said it will shed 35,000 jobs, close operations in 10 countries and suspend its dividend for two years as it posted a $6.6 billion third-quarter loss. Most of the job reductions -- 20,000 of them -- will come via selling off some...
JPM: 64.25 (-0.96), C: 53.17 (-0.49), DB: 27.95 (+0.06), BAC: 16.78 (-0.31)
Will Carl Icahn's Push to Carve Up AIG Lead to Growth?
Zacks Equity Research - Zacks Investment Research - Thu Oct 29, 1:56PM CDT
American business magnate and billionaire investor Carl Icahn wants American International Group, Inc. (AIG) to be separated into three parts.
PRU: 82.50 (-0.91), C: 53.17 (-0.49), MET: 50.38 (-0.61), AIG: 63.06 (-0.43), HIG: 46.26 (-0.86)
Stocks Are Slightly Lower; Oil Tops $46
at The Street - Thu Oct 29, 1:55PM CDT
Stocks are slightly lower by mid-afternoon Thursday with the energy sector struggling to stay positive as crude oil tops $46 a barrel.
PSX: 89.05 (+2.62), GPRO: 25.00 (-0.62), PBR.A: 3.99 (+0.06), WBK: 22.37 (-0.16), C: 53.17 (-0.49), PFE: 33.82 (-0.95), AMGN: 158.18 (-2.40), DB: 27.95 (+0.06), PYPL: 36.01 (+0.10), WFC: 54.14 (-0.95), BAC: 16.78 (-0.31), MGM: 23.19 (+0.39), AGN: 308.47 (+4.09), JPM: 64.25 (-0.96), BP: 35.70 (-0.01), TWC: 189.40 (-2.42), SNY: 50.34 (+0.71), YELP: 22.25 (-0.70), XLF: 24.08 (-0.35), MA: 98.99 (-1.60), XLE: 68.03 (+0.44)
Stocks Slip as Deutsche Bank Leads Financials Lower
at The Street - Thu Oct 29, 10:35AM CDT
Stocks retreat on Thursday after third-quarter U.S. GDP slows and as Deutsche Bank leads the financial sector lower.
GPRO: 25.00 (-0.62), WBK: 22.37 (-0.16), C: 53.17 (-0.49), PFE: 33.82 (-0.95), DB: 27.95 (+0.06), AMGN: 158.18 (-2.40), COP: 53.35 (-0.27), BAC: 16.78 (-0.31), WFC: 54.14 (-0.95), PYPL: 36.01 (+0.10), BWLD: 154.27 (+1.82), MGM: 23.19 (+0.39), AGN: 308.47 (+4.09), JPM: 64.25 (-0.96), TWC: 189.40 (-2.42), XLF: 24.08 (-0.35), YELP: 22.25 (-0.70), SNY: 50.34 (+0.71), MA: 98.99 (-1.60)
The 4 Lowest-Yielding Big Bank Stocks
John Maxfield, The Motley Fool - Motley Fool - Thu Oct 29, 9:20AM CDT
If you were on the hunt for bank stocks with the best potential for dividend increases over the years to come, then there are four big banks in particular that you need to check out: The Bank of New York Mellon , Goldman Sachs , Bank of America ...
GS: 187.50 (-2.39), C: 53.17 (-0.49), BAC: 16.78 (-0.31), BK: 41.65 (-0.80)
Stock Market News for October 29, 2015
Zacks Equity Research - Zacks Investment Research - Thu Oct 29, 9:10AM CDT
Benchmarks rebounded strongly on Wednesday to end in the green after the Fed signaled a rate hike possibility in December
71.43 (+0.55), PCG: 53.40 (+1.05), DUK: 71.47 (-0.10), AKAM: 60.82 (-0.29), C: 53.17 (-0.49), XOM: 82.74 (+0.51), BAC: 16.78 (-0.31), MS: 32.97 (-0.57), NEE: 102.66 (+0.88), PXD: 137.14 (-0.89), JPM: 64.25 (-0.96), PPL: 34.40 (+0.61), EOG: 85.85 (+0.33), CVX: 90.88 (+0.99), OXY: 74.54 (+0.41), BK: 41.65 (-0.80), AAPL: 119.50 (-1.03)
BofA, Citi Lead Bank Rally As Fed Hints At Dec. Hike
at Investor's Business Daily - Wed Oct 28, 5:06PM CDT
Bank of America (BAC), Citigroup (C), JPMorgan Chase (JPM), Wells Fargo (WFC) and other bank stocks were rallying Wednesday on hopes a rate hike could come in December. The Federal Open Market Committee voted to keep its its zero interest rate policy...
JPM: 64.25 (-0.96), C: 53.17 (-0.49), WFC: 54.14 (-0.95), BAC: 16.78 (-0.31)
Citigroup Inc. Announces Cash Tender Offers and Consent Solicitation
Business Wire - Wed Oct 28, 4:15PM CDT
Citigroup Inc. ("Citigroup"
today announced the commencement of its offers to purchase for cash (i) any and all of the $950,000,000 current outstanding principal amount of 6.950% Notes due 2018 (the "2018 Notes" issued by Citigroup's wholly owned subsidiary, Associates First Capital Corporation (formerly known as Associates Corporation of North America) ("AFCC", and (ii) up to U.S. $1,000,000,0000 aggregate principal amount (the "Maximum Tender Cap" of Citigroup's current outstanding U.S. $1,660,000,000 5.375% Notes due 2020 (the "2020 Notes," together with the 2018 Notes, the "Notes". The offers to purchase the Notes are referred to as the "Offers." Concurrently with the Offers, Citigroup announced its solicitation of consents from holders of the 2018 Notes to adopt certain amendments to the indenture governing the 2018 Notes. The solicitation of consents is referred to as the "Solicitation."
C: 53.17 (-0.49)
Looking at Things Wrong, but It Turns Out Right
at The Street - Wed Oct 28, 4:04PM CDT
The benefits of higher interest rates, higher oil, etc.
C: 53.17 (-0.49), WFC: 54.14 (-0.95), BAC: 16.78 (-0.31), AAPL: 119.50 (-1.03)
Citigroup Set to Possibly Pullback After Yesterday's Rally of 4.03%
Comtex SmarTrend(R) - Wed Oct 28, 3:59PM CDT
Citigroup (NYSE:C) traded in a range yesterday that spanned from a low of $52.71 to a high of $54.96. Yesterday, the shares gained 4.0%, which took the trading range above the 3-day high of $53.67 on volume of 23.4 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
C: 53.17 (-0.49)
SmarTrend Watching for Potential Pullback in Shares of Citigroup After 4.03% Gain
Comtex SmarTrend(R) - Wed Oct 28, 3:58PM CDT
Citigroup (NYSE:C) traded in a range yesterday that spanned from a low of $52.71 to a high of $54.96. Yesterday, the shares gained 4.0%, which took the trading range above the 3-day high of $53.67 on volume of 23.4 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
C: 53.17 (-0.49)
Robeco and Citi Complete Centrally-Cleared Inflation Swap
Business Wire - Wed Oct 28, 9:52AM CDT
Citi has supported asset manager Robeco in completing the first centrally cleared inflation swap ever processed on behalf of a continental European buy-side client. The swap was cleared through LCH.Clearnet's SwapClear which, in April of this year, was the first CCP to launch clearing for inflation-linked swaps.
C: 53.17 (-0.49)
Citigroup Inc. Announces Offer to Purchase Two Series of Outstanding Notes
Business Wire - Wed Oct 28, 8:00AM CDT
Citigroup Inc. ("Citigroup" today announced the commencement of offers to purchase for cash any and all of its notes of the series set forth in the table below. The offer to purchase each series of Notes is referred to as an "Offer" and all such offers are referred to collectively as the "Offers." The Notes had an aggregate principal amount outstanding of approximately $5.20 billion as of October 28, 2015.
C: 53.17 (-0.49)
Citigroup Trims Chinese Business; Will HSBC Follow Suit?
Zacks Equity Research - Zacks Investment Research - Tue Oct 27, 2:08PM CDT
Citigroup is reportedly mulling the sale of its 20% stake in China Guangfa Bank following a change in the latter's plan for an initial public offering in Hong Kong amid the rout in Chinese stock markets.
GS: 187.50 (-2.39), C: 53.17 (-0.49), DB: 27.95 (+0.06), HSBC: 39.07 (-0.16), BAC: 16.78 (-0.31)
The 3 Simple Keys to Operating an Exceptional Bank
John Maxfield, The Motley Fool - Motley Fool - Sat Oct 31, 8:49AM CDT
Want to know why banks like Wells Fargo and U.S. Bancorp have outperformed Bank of America and Citigroup over the past two decades? The slideshow below offers an answer. In short, Bank of America and Citigroup got carried away chasing...
USB: 42.18 (-0.82), C: 53.17 (-0.49), WFC: 54.14 (-0.95), BAC: 16.78 (-0.31)
Fed Proposes 'Too Big To Fail' Bank Buffer Rules
at Investor's Business Daily - Fri Oct 30, 4:37PM CDT
The Federal Reserve Board proposed long-awaited rules for reining in losses from institutions deemed "too big to fail." It requires the eight largest banks to raise a total of $120 billion in debt that could be converted into equity in a crisis. New...
GS: 187.50 (-2.39), JPM: 64.25 (-0.96), C: 53.17 (-0.49), WFC: 54.14 (-0.95), BAC: 16.78 (-0.31), MS: 32.97 (-0.57)
Fed looks at way to shift big-bank losses to investors
By MARCY GORDON - AP - Fri Oct 30, 4:03PM CDT
WASHINGTON (AP) — In their latest bid to reduce the chances of future taxpayer bailouts, federal regulators are proposing that the eight biggest U.S. banks build new cushions against losses that would shift the burden to investors.
JPM: 64.25 (-0.96), C: 53.17 (-0.49), WFC: 54.14 (-0.95), BAC: 16.78 (-0.31), MS: 32.97 (-0.57)
Stocks Fall Back Into Red as Financials Lag
at The Street - Fri Oct 30, 1:55PM CDT
Stocks fall back into the red Friday afternoon as a lag in financial stocks overshadows a push higher by the energy sector.
BUD: 119.33 (+1.59), VRX: 93.77 (-17.73), C: 53.17 (-0.49), FNFG: 10.35 (-0.03), XOM: 82.74 (+0.51), BAC: 16.78 (-0.31), WFC: 54.14 (-0.95), KEY: 12.42 (-0.96), SBUX: 62.57 (+0.07), FSLR: 57.07 (+6.08), RDS.A: 52.46 (-0.10), JPM: 64.25 (-0.96), LNKD: 240.87 (+23.87), SCTY: 29.65 (-8.42), CVS: 98.78 (-5.02), BP: 35.70 (-0.01), ABBV: 59.55 (+5.45), XLF: 24.08 (-0.35), CVX: 90.88 (+0.99), PTR: 78.63 (+1.17), XLE: 68.03 (+0.44), STO: 16.16 (+0.19), CL: 66.35 (-2.88)
Bank Stock Roundup: Rate Hike Stance Bring Citigroup, JPMorgan in Focus at the Tail End of Q3 Earnings
Zacks Equity Research - Zacks Investment Research - Fri Oct 30, 1:43PM CDT
Over the last five trading days, all eyes were on the Federal Reserve's two-day FOMC meeting. Additionally, earnings season for the banking stocks was coming to an end.
RF: 9.35 (-0.29), COF: 78.90 (-1.30), JPM: 64.25 (-0.96), C: 53.17 (-0.49), BAC: 16.78 (-0.31)
New Yorkers to Use Citi Bikes to "Light Up" Queens and Support the Mets on Their Championship Run
Business Wire - Fri Oct 30, 10:00AM CDT
--Times Square Rally on Today and Tomorrow to Feature Rally Towel and Citi Bike Pass Giveaways, Fan Photo Ops and an Appearance by Former Met and Fan Favorite John Franco
C: 53.17 (-0.49)
Deutsche Bank Retreat Follows JPMorgan, BofA, Citi
at Investor's Business Daily - Thu Oct 29, 3:51PM CDT
Deutsche Bank (DB) said it will shed 35,000 jobs, close operations in 10 countries and suspend its dividend for two years as it posted a $6.6 billion third-quarter loss. Most of the job reductions -- 20,000 of them -- will come via selling off some...
JPM: 64.25 (-0.96), C: 53.17 (-0.49), DB: 27.95 (+0.06), BAC: 16.78 (-0.31)
Will Carl Icahn's Push to Carve Up AIG Lead to Growth?
Zacks Equity Research - Zacks Investment Research - Thu Oct 29, 1:56PM CDT
American business magnate and billionaire investor Carl Icahn wants American International Group, Inc. (AIG) to be separated into three parts.
PRU: 82.50 (-0.91), C: 53.17 (-0.49), MET: 50.38 (-0.61), AIG: 63.06 (-0.43), HIG: 46.26 (-0.86)
Stocks Are Slightly Lower; Oil Tops $46
at The Street - Thu Oct 29, 1:55PM CDT
Stocks are slightly lower by mid-afternoon Thursday with the energy sector struggling to stay positive as crude oil tops $46 a barrel.
PSX: 89.05 (+2.62), GPRO: 25.00 (-0.62), PBR.A: 3.99 (+0.06), WBK: 22.37 (-0.16), C: 53.17 (-0.49), PFE: 33.82 (-0.95), AMGN: 158.18 (-2.40), DB: 27.95 (+0.06), PYPL: 36.01 (+0.10), WFC: 54.14 (-0.95), BAC: 16.78 (-0.31), MGM: 23.19 (+0.39), AGN: 308.47 (+4.09), JPM: 64.25 (-0.96), BP: 35.70 (-0.01), TWC: 189.40 (-2.42), SNY: 50.34 (+0.71), YELP: 22.25 (-0.70), XLF: 24.08 (-0.35), MA: 98.99 (-1.60), XLE: 68.03 (+0.44)
Stocks Slip as Deutsche Bank Leads Financials Lower
at The Street - Thu Oct 29, 10:35AM CDT
Stocks retreat on Thursday after third-quarter U.S. GDP slows and as Deutsche Bank leads the financial sector lower.
GPRO: 25.00 (-0.62), WBK: 22.37 (-0.16), C: 53.17 (-0.49), PFE: 33.82 (-0.95), DB: 27.95 (+0.06), AMGN: 158.18 (-2.40), COP: 53.35 (-0.27), BAC: 16.78 (-0.31), WFC: 54.14 (-0.95), PYPL: 36.01 (+0.10), BWLD: 154.27 (+1.82), MGM: 23.19 (+0.39), AGN: 308.47 (+4.09), JPM: 64.25 (-0.96), TWC: 189.40 (-2.42), XLF: 24.08 (-0.35), YELP: 22.25 (-0.70), SNY: 50.34 (+0.71), MA: 98.99 (-1.60)
The 4 Lowest-Yielding Big Bank Stocks
John Maxfield, The Motley Fool - Motley Fool - Thu Oct 29, 9:20AM CDT
If you were on the hunt for bank stocks with the best potential for dividend increases over the years to come, then there are four big banks in particular that you need to check out: The Bank of New York Mellon , Goldman Sachs , Bank of America ...
GS: 187.50 (-2.39), C: 53.17 (-0.49), BAC: 16.78 (-0.31), BK: 41.65 (-0.80)
Stock Market News for October 29, 2015
Zacks Equity Research - Zacks Investment Research - Thu Oct 29, 9:10AM CDT
Benchmarks rebounded strongly on Wednesday to end in the green after the Fed signaled a rate hike possibility in December
71.43 (+0.55), PCG: 53.40 (+1.05), DUK: 71.47 (-0.10), AKAM: 60.82 (-0.29), C: 53.17 (-0.49), XOM: 82.74 (+0.51), BAC: 16.78 (-0.31), MS: 32.97 (-0.57), NEE: 102.66 (+0.88), PXD: 137.14 (-0.89), JPM: 64.25 (-0.96), PPL: 34.40 (+0.61), EOG: 85.85 (+0.33), CVX: 90.88 (+0.99), OXY: 74.54 (+0.41), BK: 41.65 (-0.80), AAPL: 119.50 (-1.03) BofA, Citi Lead Bank Rally As Fed Hints At Dec. Hike
at Investor's Business Daily - Wed Oct 28, 5:06PM CDT
Bank of America (BAC), Citigroup (C), JPMorgan Chase (JPM), Wells Fargo (WFC) and other bank stocks were rallying Wednesday on hopes a rate hike could come in December. The Federal Open Market Committee voted to keep its its zero interest rate policy...
JPM: 64.25 (-0.96), C: 53.17 (-0.49), WFC: 54.14 (-0.95), BAC: 16.78 (-0.31)
Citigroup Inc. Announces Cash Tender Offers and Consent Solicitation
Business Wire - Wed Oct 28, 4:15PM CDT
Citigroup Inc. ("Citigroup"
today announced the commencement of its offers to purchase for cash (i) any and all of the $950,000,000 current outstanding principal amount of 6.950% Notes due 2018 (the "2018 Notes" issued by Citigroup's wholly owned subsidiary, Associates First Capital Corporation (formerly known as Associates Corporation of North America) ("AFCC", and (ii) up to U.S. $1,000,000,0000 aggregate principal amount (the "Maximum Tender Cap" of Citigroup's current outstanding U.S. $1,660,000,000 5.375% Notes due 2020 (the "2020 Notes," together with the 2018 Notes, the "Notes". The offers to purchase the Notes are referred to as the "Offers." Concurrently with the Offers, Citigroup announced its solicitation of consents from holders of the 2018 Notes to adopt certain amendments to the indenture governing the 2018 Notes. The solicitation of consents is referred to as the "Solicitation." C: 53.17 (-0.49)
Looking at Things Wrong, but It Turns Out Right
at The Street - Wed Oct 28, 4:04PM CDT
The benefits of higher interest rates, higher oil, etc.
C: 53.17 (-0.49), WFC: 54.14 (-0.95), BAC: 16.78 (-0.31), AAPL: 119.50 (-1.03)
Citigroup Set to Possibly Pullback After Yesterday's Rally of 4.03%
Comtex SmarTrend(R) - Wed Oct 28, 3:59PM CDT
Citigroup (NYSE:C) traded in a range yesterday that spanned from a low of $52.71 to a high of $54.96. Yesterday, the shares gained 4.0%, which took the trading range above the 3-day high of $53.67 on volume of 23.4 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
C: 53.17 (-0.49)
SmarTrend Watching for Potential Pullback in Shares of Citigroup After 4.03% Gain
Comtex SmarTrend(R) - Wed Oct 28, 3:58PM CDT
Citigroup (NYSE:C) traded in a range yesterday that spanned from a low of $52.71 to a high of $54.96. Yesterday, the shares gained 4.0%, which took the trading range above the 3-day high of $53.67 on volume of 23.4 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
C: 53.17 (-0.49)
Robeco and Citi Complete Centrally-Cleared Inflation Swap
Business Wire - Wed Oct 28, 9:52AM CDT
Citi has supported asset manager Robeco in completing the first centrally cleared inflation swap ever processed on behalf of a continental European buy-side client. The swap was cleared through LCH.Clearnet's SwapClear which, in April of this year, was the first CCP to launch clearing for inflation-linked swaps.
C: 53.17 (-0.49)
Citigroup Inc. Announces Offer to Purchase Two Series of Outstanding Notes
Business Wire - Wed Oct 28, 8:00AM CDT
Citigroup Inc. ("Citigroup"
today announced the commencement of offers to purchase for cash any and all of its notes of the series set forth in the table below. The offer to purchase each series of Notes is referred to as an "Offer" and all such offers are referred to collectively as the "Offers." The Notes had an aggregate principal amount outstanding of approximately $5.20 billion as of October 28, 2015. C: 53.17 (-0.49)
Citigroup Trims Chinese Business; Will HSBC Follow Suit?
Zacks Equity Research - Zacks Investment Research - Tue Oct 27, 2:08PM CDT
Citigroup is reportedly mulling the sale of its 20% stake in China Guangfa Bank following a change in the latter's plan for an initial public offering in Hong Kong amid the rout in Chinese stock markets.
GS: 187.50 (-2.39), C: 53.17 (-0.49), DB: 27.95 (+0.06), HSBC: 39.07 (-0.16), BAC: 16.78 (-0.31)
