Citigroup (C) Declares $0.32 Quarterly Dividend; 1.8% Yield
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Notable Call Buying Activity in Citigroup (C) Targets Upside in Shares into mid-July -Susquehanna
April 24, 2018 1:47 PM EDTSusquehanna options strategist Alison Edwards notes call buying activity in Citigroup (NYSE: C), as investors bought 1,500 May4 70 Calls for $1.09, 12k May 72.5 Calls for up to $0.75 and ~2,500 Jul 70 Calls for $3.05.
... MoreCiti chairman says all options open to find his replacement
April 24, 2018 12:44 PM EDTBy David Henry and Aparajita Saxena
CHICAGO (Reuters) - Citigroup Inc (NYSE: C) Chairman Mike O'Neill said on Tuesday all options were being considered to find a successor before he steps down in the next 12 months, after reaching the retirement age of 72.
The options include having Citigroup Chief Executive Officer Mike Corbat take on the additional role of chairman, O'Neill said at the Wall Street bank's annual shareholder meeting.
O'Neill added he was "a bit agnostic" about keeping the roles of chairman and CEO separate.
At last year's meeting,... More
Citi chairman says all options being considered for his replacement
April 24, 2018 11:07 AM EDTCHICAGO/BENGALURU (Reuters) - Citigroup Inc (NYSE: C) Chairman Mike O'Neill said on Tuesday all options were being considered for his replacement, when he will retire in the next 12 months.
The options include having Citigroup Chief Executive Officer Mike Corbat taking on the... More
Venezuelan banks shrivel as inflation roars and credit dries up
April 24, 2018 8:07 AM EDTBy Corina Pons
CARACAS (Reuters) - Venezuela's hyperinflation has turned the struggling OPEC nation's once-powerful banks into warehouses of useless cash that are worth a total of only $40 million, according to a Reuters analysis of regulatory data.
Although banks such as Citigroup Inc (NYSE: C) and Spain's BBVA (NYSE: BBVA) are maintaining operations in the hopes of better times, the value of the country's 31 banks in 2017 was equivalent to that of a single mid-sized bank in the Dominican Republic, according to bank regulator data.
The combination of... More
