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Citigroup. Citigroup Inc. or Citi ( stylized as citi) is an American multinational investment bank and financial services company in New York City. The company was formed by the merger of Citicorp, the bank holding company for Citibank, and Travelers in 1998; Travelers was spun off from the company in 2002.
Regulators slapped Citigroup with $136 million in fines for failing to resolve long-standing deficiencies surrounding controls and risk management, a setback for CEO Jane Fraser as she tries to ...
Citigroup CEO Jane Fraser got a 6% pay bump for her performance in 2023, a year the bank's profits dropped 38% and Fraser began a dramatic restructuring that will result in an estimated 20,000 job ...
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Shortly after the report's publication and a sharp drop in Citigroup's stock, Charles Prince resigned as the bank's CEO and his successor slashed the dividend. Earlier that year, Forbes magazine had listed Whitney as the second-best stock picker in the capital-market industry. Citigroup stock went on to lose 97% of its value by early 2009.
Fraser, who took the top job in early 2021, is trying to boost Citi’s lagging stock performance. Since the beginning of January, it has fallen 7.6%. Over the last five years, the stock has ...
Google Finance was first launched by Google on March 21, 2006. The service featured business and enterprise headlines for many corporations including their financial decisions and major news events. Stock information was available, as were Adobe Flash -based stock price charts which contained marks for major news events and corporate actions.
Citigroup ( C) was for decades a top underwriter of state and local government debt, making the bank a major financier of roads, bridges, and airports across the US. Now it wants out of that ...