C Nov 2024 52.500 call
- Zacks
Citigroup (C) Exceeds Market Returns: Some Facts to Consider
Citigroup (C) closed at $60.01 in the latest trading session, marking a +1.47% move from the prior day.
- Reuters
Citi's new wealth boss Sieg reshuffles leadership, pledges higher returns
NEW YORK (Reuters) -Citigroup's new head of wealth, Andy Sieg, further reshuffled his leadership team on Wednesday and reiterated financial targets as the bank seeks to attract more of its clients' investment assets. During his first public investor conference since joining Citi in September, Sieg acknowledged the wealth unit's lackluster returns and restated profit targets set by CEO Jane Fraser. The wealth division aims to boost returns to above 20% in the medium term, Sieg said, versus 4.6% in the first quarter.
- Business Wire
Citi and Emirates NBD Collaborate to Launch First-of-Its-Kind 24/7 USD Cross Border Payments in the Middle East
DUBAI, United Arab Emirates, June 12, 2024--Today, Citi (NYSE: C) and Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, announced a collaboration to launch Citi’s first-of-its-kind 24/7 USD Clearing service in the Middle East. This makes Emirates NBD the first bank to use Citi’s 24/7 USD Clearing service to make cross-border USD payments available to their corporate and retail clients 24 hours a day, 7 days a week, 365 days a year, end to end acro
