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The Latest Breaking News from Citigroup Inc

Citigroup Negotiating With Local Bidders For Its Russian Operations: FT

Citigroup Inc (NYSE:C) is in talks with local buyers in Russia over a potential sale of its operations in the country, the Financial Times reported, citing people familiar with the matter. The bank is in negotiations with privately-owned Russian companies, including Expobank and insurance company Reso-Garantia for the divestiture, the report said.…

Benzinga

More Bullish Bets On Citi After Warren Buffett Buys Large Stake

Through his company Berkshire Hathaway Inc (NYSE: BRK-A), legendary investor Warren Buffett has purchased 55.2 million shares of Citigroup Inc’s (NYSE: C) shares, comprising around 2.8% of the company&r

Benzinga

Better Buy for 2022: Citibank vs. JPMorgan Chase

In this article I will analyze and compare Citigroup (C) and JPMorgan Chase (JPM) to determine which stock is currently a better investment.

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Morning Brief: Top Financial Stories Dominating on Tuesday, May 3

Bloomberg

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Citigroup In Talks With Potential Buyers For Russia Retail Ops: Bloomberg

Chief Executive Officer Jane Fraser said that Citigroup Inc (NYSE: C) is reportedly in "active dialog" with potential buyers of its consumer and commercial banking operations in Russia.

Benzinga

Citigroup's Erroneous Transaction Behind Drop In European Stocks: Bloomberg

As per the Bloomberg report, a Citigroup Inc's (NYSE:

Benzinga

Has Citigroup Finally Reached 'Peak Pessimism'?

Shares of big bank stock Citigroup Inc (NYSE: C) are down 16.6% year-to-date and 27% overall in the past year. Given the bank's relatively solid first-quarter earnings report last week, one Citigroup analyst said Sunday that the negative investor sentiment surrounding Citigroup may have finally peaked.

Benzinga

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What's Going On With Citigroup Stock Today?

Citigroup Inc (NYSE: C) shares are trading higher Thursday after the company reported better-than-expected earnings results.

Benzinga

Former Intel Executive Founded Chipmaker Confidentially Files For US IPO

Former Intel Corp (NASDAQ:INTC) President founded chipmaker Ampere Computing has confidentially filed for a U.S. initial public offering, Reuters reports. Founder Renee James, who serves as Ampere's CEO, also is a board member of Citigroup Inc (NYSE:C) and Oracle Corp (NYSE:ORCL). Chip demand surged during the pandemic with the shift to remote work with GLOBALFOUNDRIES Inc (NASDAQ:GFS) making its public debut. However,…

Benzinga

Will Roblox Investors Have To Endure More Pain? Why This Investor Thinks 'All-Time Lows Are In Its Future'

Citigroup Inc (NYSE: C) gave the go-ahead to investors looking to enter the metaverse via Roblox Corp (NYSE: RBLX) on Thursday, but one investor thinks the analyst firm needs to snap back to reality. <

Benzinga

Why This Citigroup Analyst Is Turning Bearish: 'Higher Tail Risks'

Citigroup Inc’s (NYSE: C) prospects have been hurt by the lack of near-term catalysts and the negative impact of de-globalization, according to Morgan Stanley.

Benzinga

Why Bank Analyst Is Bullish On Citigroup Following CFO Meeting

Citigroup Inc (NYSE: C) shares have lagged the S&P 500 and many of its banking peers so far in 2022, but Bank of America analyst Ebrahim Poonawala said Monday that a recent meeting with Citigroup CFO Mark Mason has him feeling extremely optimistic about the stock's outlo

Benzinga

Looking Into Citigroup Inc's Recent Short Interest

Citigroup Inc's (NYSE:C) short percent of float has risen 18.58% since its last report. The company recently reported that it has 42.98 million shares sold short, which is 2.17% of all regular shares that are available for trading.

Benzinga

Why BofA Cuts Citigroup Price Target After Investor Day

Citigroup Inc’s (NYSE: C) management presented a “realistic set of financial goals” during the investor day event, according to BofA Securities.

Benzinga

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Peering Into Citigroup Inc's Recent Short Interest

Citigroup Inc's (NYSE:C) short percent of float has fallen 6.63% since its last report. The company recently reported that it has 36.32 million shares sold short, which is 1.83% of all regular shares that are available for trading.

Benzinga

Peering Into Citigroup Inc's Recent Short Interest

Citigroup Inc's (NYSE:C) short percent of float has fallen 8.17% since last its last report. The company recently reported that it has 37.82 million shares sold short, which is 1.91% of all regular shares that are available for trading.

Benzinga

CNBC's Final Trades: Citigroup, Berkshire Hathaway, US Dollar Index And This Tech Stock

On CNBC’s “Halftime Report Final Trades,” Jim Lebenthal of Cerity Partners said that Citigroup Inc’s (NYSE: C) stock had lagged in 2021, “which means it’s going to catch

Benzinga

Citigroup Exits Mexico: What Investors Need To Know

Earlier this month, Citigroup Inc (NYSE: C) announced it will be exiting its consumer, small business and middle-market banking operations of Citibanamex in Mexico.

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