Citigroup News

As one of the major banks in the United States, Citigroup is currently charting a path in the post-2008 financial crisis era. The best way to stay up-to-date with its progress, stock position and products is through the Wiser daily Citigroup news email. It is a huge bank, with $1.8 trillion in assets and a presence all over the world. It has two main areas of business. The first is in consumer and business banking, and the second is its brokerage and asset management business. It was founded in 1998 in what was at the time one of the biggest corporate mergers in history. Today its chief executive officer is Mike Corbat. On a corporate level, it is still recovering from the huge losses of 2008 and the government-backed rescue. On a local level, it is a bank responsible for the deposits, loans and mortgages of millions of individual Americans and hundreds of thousands of businesses. Whatever part of the Citigroup story you are interested in you will get the information you need with our daily digest. Sign up today for this free email that is packed with the latest Citigroup news from the best sources on the internet.

Recent Citigroup News Coverage
 
Your Weekly Recommendations Wednesday, July 26, 2017
 
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Citi ready to turn the page; oversight for ICOs?
American Banker
'Our Restructuring Is Over' Says Michael Corbat Of Citigroup
Seeking Alpha • John M. Mason
House votes to kill new bank arbitration rule in blow to federal consumer agency
Los Angeles Times • James Rufus Koren
Citi’s ambition: Mobile-first banking for the affluent
American Banker • Kristin Broughton
Citigroup (C) Investor Presentation - Slideshow
Seeking Alpha
Warren Buffett’s Advice to Tim Sloan on Wells Fargo’s Future
Fortune Magazine • Susie Gharib
Banks Still Playable And Un-Pricey
Forbes • Contributor, Martin Sosnoff
Popular financial ETF poised for best daily gain since late June
MarketWatch • Suechang
Alexander Wang’s New Adidas Collection Will Be Delivered by Athleisure-Clad Bike Messengers
New York Magazine • Emilia Petrarca
UPDATE 2-Citigroup sets higher profit targets at first investor day since crisis
Reuters • David Henry
 
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Citigroup Inc, FinTech
Citi ready to turn the page; oversight for ICOs?
American Banker
Citigroup hopes to return $60 billion to shareholders by 2020 while earning $20 billion a year; SEC says companies that raise money by selling their own electronic tokens for cryptocurrencies may be subject to federal oversight.
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Bank of America, Citigroup Inc
'Our Restructuring Is Over' Says Michael Corbat Of Citigroup
Seeking AlphaJohn M. Mason
Summary Michael Corbat and some executives held the first investor day for Citigroup shareholders since 2008. Mr. Corbat claims that the inflection point pertaining to the bank turnaround has been achieved and he set out some fairly aggressive goals he hopes the...
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Banking, Citigroup Inc
House votes to kill new bank arbitration rule in blow to federal consumer agency
Los Angeles TimesJames Rufus Koren
A new federal regulation that would make it easier for Americans to bring class-action lawsuits against banks and other financial institutions might be scrapped before it ever takes effect. Republican lawmakers had vowed to kill the rule, released by the Consumer Financial...
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Citigroup Inc, FinTech
Citi’s ambition: Mobile-first banking for the affluent
American BankerKristin Broughton
If you’re wondering what’s driving Citigroup’s turnaround, rent a Citi-branded bike in New York City, and ride it up to one of the company’s new branches in midtown Manhattan that target prosperous customers. You’ll find a hub of wealth managers who cater...
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Citigroup Inc
Citigroup (C) Investor Presentation - Slideshow
Seeking Alpha
The following slide deck was published by Citigroup Inc. in conjunction with this event.
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Bank of America, Citigroup Inc
Warren Buffett’s Advice to Tim Sloan on Wells Fargo’s Future
Fortune MagazineSusie Gharib
Ever since he was called on to be CEO of Wells Fargo, Tim Sloan says he’s been doing a lot of listening. He was thrust into the job in October of 2016 after his predecessor was forced out for his handling of...
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Bank of America, Citigroup Inc
Banks Still Playable And Un-Pricey
ForbesContributor, Martin Sosnoff
Let's go to the financial sector, banks, if only to see how they've grown into such huge hungry beasts. While manufacturing sector growth peaked out late fifties along with employee compensation, Wall Street began to stir. Trading floors blossomed into football field...
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Bank of America, Citigroup Inc
Popular financial ETF poised for best daily gain since late June
MarketWatchSuechang
Financial Select Sector SPDR ETF , an exchange-traded fund that tracks big financial firms listed on the S&P 500 , is poised for its best daily percentage gain since late June as bank stocks soared on Tuesday. The ETF rallied 1.5% to...
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Citigroup Inc
Alexander Wang’s New Adidas Collection Will Be Delivered by Athleisure-Clad Bike Messengers
New York MagazineEmilia Petrarca
Whether they’re delivering hot tacos, a bouquet of roses, or some weed, bike messengers are an integral part of New York City’s ecosystem. And no one knows this better than the city’s champion designer, Alexander Wang, who, judging by his cannabis-inspired fall...
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Bank of America, Citigroup Inc
UPDATE 2-Citigroup sets higher profit targets at first investor day since crisis
ReutersDavid Henry
Mike Segar/File Photo/File Photo NEW YORK () - Citigroup Inc (C.N) issued loftier projections for its long-term profitability on Tuesday at its first day-long conference for investors since the 2007-2009 financial crisis. The fourth-largest U.S. bank said it expects to generate 11...
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