CFG Dec 2024 42.500 call

OPR - OPR Delayed price. Currency in USD

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1.0000

-0.1000

(-9.09%)

At close: 03:05PM EDT

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Fortune
This bank tested 90 uses for AI before choosing the top 2—and they benefit customer service and productivity
Bank CEOs see new vulnerabilities for cybersecurity, legal uncertainty, and prejudice from generative AI.
Business Wire
Citizens Financial Group Announces Redemption of All Outstanding Depositary Shares Representing Interests in Series D Preferred Stock
PROVIDENCE, R.I., May 23, 2024--Citizens Financial Group, Inc. (NYSE: CFG) today announced the redemption on July 8, 2024 (the "Redemption Date") of 12,000,000 depositary shares (NYSE: CFG PrD; CUSIP: 174610204; ISIN: US1746102045) (the "Depositary Shares") representing interests in CFG’s 6.350% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series D (the "Series D Preferred Stock"). Each Depositary Share represents a 1/40th interest in a share of the Series D Preferred Stock.
Barrons.com
Citi, Other Banks, Offer Sweet Deals: Preferred Stock at 7% Yields
The deals offer a nice premium relative to the 4.6% available on 30-year Treasury debt. Tax benefits add to the appeal.