C241213P90000
- 0.00
- 0.000.00%
Citigroup Newsroom
Express News | Citigroup has lowered the Target Price for Johnson & Johnson from $185.00 to $175.00.
Express News | Citi stated that it has revised its iron ore price forecast for the next 0-3 months down to 100 USD per ton (previously 110 USD per ton).
KBW Maintains Citigroup(C.US) With Buy Rating, Maintains Target Price $82
U.S. Stock Market Insights | Tesla stabilizes at $400! Will it hit a historical high this week? Strong gaming performance + upward adjustment of annual revenue forecast! Sony's stock price reaches a two-year high.
The Industry's fundamentals have shown a strong recovery, American Airlines' stock price has skyrocketed over 60% since the low in August; insiders continue to increase their Shareholding in the company's Stocks! MSCI's stock price has reached an all-time high.
According to reports, Citigroup (C.US) has laid off about 5 ESG Analysts.
"Bloomberg" cited informed sources stating that Citigroup (C.US) has laid off about five Analysts dedicated to writing ESG and climate reports. The affected Analysts worked in the Global Perspective and Solutions division and left Citigroup last weekend. A spokesperson for Citigroup responded that the bank is committed to supporting clients' "sustainable journeys" and achieving Citigroup's net-zero emissions and sustainable financing goals, but declined to comment on personnel matters. (js/k)~
Express News | Citigroup is reportedly cutting ESG Analyst positions.
Express News | 23 Institutions expect that tonight at 21:30, the year-on-year core CPI for November in the USA will be released (previous value: +3.3%).
Bain Capital has increased its Quote for the acquisition of Fujifilm Holdings Corporation Unsponsored ADR Software.
According to informed sources, Bain Capital is raising its Quote for the Japanese information technology company Fuji Soft, extending the bidding war with the American private equity giant KKR. Sources say that the Boston-based investment firm plans to acquire Fuji Soft at a price of 9,600 yen per share. This is 1.6% higher than KKR's Quote of 9,451 yen per share, valuing Fuji Soft at approximately 647 billion yen (about 4.3 billion dollars). Bain Capital's move comes less than two weeks before KKR's acquisition offer for Fuji Soft expires on December 19.
Proxymity Launches Vote Connect Global With Citi Securities Services
Citi Cuts ESG Analyst Jobs as Research Group Trimmed
Trump is trending towards financial deregulation, Goldman Sachs (GS.US) cheers as the merger and acquisition market welcomes Bullish news.
During the Trump era, merger and acquisition Trades are expected to increase, and Wall Street Banks are likely to benefit.
Citigroup's CFO: It is expected that the investment banking Business revenue will grow by up to 30% this season.
On December 11, Gelonghui reported that Mark Mason, Chief Financial Officer of Citigroup, anticipates that the investment Banking Business fees will see a year-on-year increase of 25% to 30% in the fourth quarter, while the market business revenue is expected to grow by nearly 20%. During the event, Mason stated that the global economy is performing well, particularly the USA economy, and expressed confidence that the overall business revenue of the Banks will increase, reaching close to the upper limit of the forecast Range.
Citigroup Options Spot-On: On December 10th, 110.17K Contracts Were Traded, With 2.37 Million Open Interest
On December 10th ET, $Citigroup(C.US)$ had active options trading, with a total trading volume of 110.17K options for the day, of which put options accounted for 59.94% of the total transactions,
JPMorgan has adjusted its net interest income guidance and now expects it to exceed Analyst expectations.
JPMorgan has changed its previous statement regarding Analysts being overly optimistic, now indicating that the bank expects net interest income next year to exceed expectations. Marianne Lake, the head of Consumer and Community Banking at JPMorgan, stated on Tuesday at a financial services conference hosted by Goldman Sachs that this key revenue could be about 2 billion dollars higher than current estimates. Lake mentioned that when the company releases its third-quarter results, Chief Financial Officer Jeremy Barnum talked about the consensus expectation of net interest income in 2025 being slightly too high at 87 billion dollars. She stated, "The situation has changed."
Sector Update: Financial Stocks Mixed Tuesday Afternoon
Spotlight on Citigroup: Analyzing the Surge in Options Activity
Express News | Citi's Chief Financial Officer: Feels "very good" about this year's revenue performance.
Citigroup Projects 25% to 30% Increase in Q4 Investment Banking Fees
Citigroup (C.US) expects investment bank costs in the fourth quarter to rise by up to 30%.
Citigroup's Chief Financial Officer Mark Mason stated on Tuesday that investment banking fees are expected to increase by 25% to 30% in the fourth quarter compared to the same period last year, while stock market revenues will see high double-digit growth. Mason also indicated that the bank's revenue guidance for this year is expected to be at the upper limit, and the global economy shows considerable resilience.
Express News | Citi CFO Still Expects to Reach Operating Efficiency Below 60%