C News

NEW YORK--(BUSINESS WIRE)--The Board of Directors of Citigroup Inc. today declared a quarterly dividend on Citigroup’s common stock of $0.60 per share, payable on February 27, 2026, to stockholders of record on February 2, 2026. The Board of Directors of Citigroup Inc. also declared dividends on Citigroup’s preferred stock as follows: – 6.250% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series T, payable February 17, 2026, to holders of record on February 6, 2026. Holders of deposit

(NYSE:C) NEW YORK--(BUSINESS WIRE)--Citi Investor Services has enabled Financial Information eXchange (FIX) API connectivity between its proprietary Advanced Citi ETF System (ACES) platform with Bloomberg’s BSKT service to further automate the ETF creation and redemption process for authorized participants (APs). This builds on an existing integration between Citi ACES and BSKT, which is Bloomberg’s ETF creation and redemption solution for the primary market. FIX refers to a communications protocol for

(NYSE:C) NEW YORK--(BUSINESS WIRE)--Citi Wealth today announced the selection of BlackRock to create a new portfolio offering for its clients – Citi Portfolio Solutions powered by BlackRock. This offering will combine the strategic investment advisory and planning capabilities of the leading global bank with the investment management and technology strengths of one of the world’s preeminent asset managers. The agreement includes the appointment of BlackRock to manage approximately $80 billion in assets

(NYSE:C) OAKLAND, Calif.--(BUSINESS WIRE)--Spinwheel, the agentic AI-powered credit data and payments platform, today announced a strategic investment from Citi Ventures. The funding will support Spinwheel’s continued go-to-market growth, expand its agentic AI platform, and build out its data sets and product offerings. In addition, Citi Ventures will advise Spinwheel on product use cases that matter most to the largest financial institutions. This investment marks a significant milestone in addition to

NEW YORK--(BUSINESS WIRE)--Citibank, N.A. is announcing the redemption, in whole, constituting $1,750,000,000 of its 5.864% Notes due 2025 (the “fixed rate notes”) (ISIN: US17325FBA57) and $750,000,000 of its Floating Rate Notes due 2025 (the “floating rate notes” and together with the fixed rate notes, the “notes”) (ISIN: US17325FAZ18). The redemption date for the notes is August 29, 2025 (the “redemption date”). The cash redemption price for the notes payable on the redemption date will equal

NEW YORK--(BUSINESS WIRE)--Citigroup Inc. is announcing the redemption, in whole, constituting $650,000,000 of its Floating Rate Notes due 2026 (the “notes”) (ISIN: US172967MB43). The redemption date for the notes is July 1, 2025 (the “redemption date”). The cash redemption price for the notes payable on the redemption date will equal par plus accrued and unpaid interest, to but excluding, the redemption date. The redemption announced today is consistent with Citigroup's liability management st

Citigroup announces remote work option for employees in August due to traditional quietness during this time, in contrast to other companies.

Citigroup is downsizing 3,500 tech positions in China by 2025 to save $2.5B. This follows their plans to eliminate 20,000 jobs and establish new companies there.

Spotify stock hits all-time high on Tuesday. Goldman Sachs forecasts global music revenues to nearly double by 2035, driven by emerging markets and monetization innovations.

Citigroup beat Q1 revenue and earnings estimates, but analysts lowered EPS forecasts and price targets citing macro risks and credit concerns.

Citigroup topped Q1 estimates with $21.6 billion in revenue and $1.96 EPS, driven by growth in all five segments and reduced operating expenses.

Bisignano confirmed plans to use AI to identify fraud within social security. But social security has a "payment accuracy rate of 99.7%."

Citigroup reportedly announced a shift in its diversity policies, scaling back aspirational DEI targets.

The U.S. Justice Department has discovered $2 billion of Russian funds held at JPMorgan Chase.