NEWTOWN, Pa., Aug. 16, 2024 (GLOBE NEWSWIRE) -- Helius Medical Technologies, Inc. (Nasdaq: HSDT) (“Helius” or the “Company”), a neurotech company focused on neurological wellness, today announced that, effective August 14, 2024, its independent directors approved equity awards under Helius’ 2021 Inducement Plan, as a material inducement to three individuals entering into employment with the Company. The equity awards were approved in accordance with Nasdaq Listing Rule 5635(c)(4), which also requires a publ ...

Investors in Citigroup Inc. (C) need to pay close attention to the stock based on moves in the options market lately. That is because the Sep 20, 2024 $20.00 Call had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean ...

When you invest in bank stocks, you are investing in institutions that offer credit cards, insurance, banking services and other financial services. Since the banking industry is at the heart of the global economy, you should have some bank stocks in your portfolio. We have compiled some top stocks to help you make the most of them. Traditionally, higher interest rates, like today, have been good for the banking industry. However, the relationship is a bit more complex than that. If the interest rate rises ...

Citigroup Inc. (C) is planning to divest its trust business, a unit within its private banking operations, which manages trust and estate planning needs for its ultra-wealthy clients. The bank confirmed this to Barron’s on Aug 8. This process aligns with Citigroup’s extensive, multi-year restructuring plan under the leadership of CEO Jane Fraser.Discussions about the deal, internally code-named “Project Mango,” began almost a year ago. Citigroup has identified a buyer for its trust business, though the iden ...

Citigroup (C) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this U.S. bank have returned -16.2%, compared to the Zacks S&P 500 composite's -6.5% change. During this period, the Zacks Banks - Major Regional industry, which Citigroup falls in, has lost 3.7%. The key question now is: What could be the stock's future direction?Although ...

Investment banks are rebounding after some challenging years for the industry.Investment banks have had a tough go of it over the past several years as deal activity dried up. However, things are showing signs of turning around. In the first half of this year, investment banks saw earnings rebound thanks to receptive debt and equity markets.Investment bank CEOs have noted that backlogs are increasing significantly, an excellent sign for investment banks going forward. Here are three investment banks you can ...

Robert Way For Citigroup (NYSE:C) (NEOE:CITI:CA), this is not a repeat of the 2008/2009 financial crisis, nor is it your mother's Citigroup either. The U.S. G-SIB banks such as Citi, JPMorgan (JPM), and Bank of America (BAC) are exceptionally well-capitalized and liquid, and their risk exposures are substantially more benign compared with pre-GFC downturns. In a sense, the post-Dodd-Frank regulatory regime de-risked the large banks to a large extent. Make no mistake about this, I am quite certain Citi ( ...

Mario Tama There was some panic selling of Citigroup (NYSE:C) stock to close the week; yet, despite some setbacks in Q2, particularly on the expense side, the direction of travel of Citi’s turnaround remains very positive. Yes, another regulatory penalty adds unwelcome uncertainty near-term, but the more important development, in my view, is that Citigroup’s mid-term P&L targets remain firmly intact. More broadly, all the key self-help levers have only gained traction since I last covered the name (see ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-9924 Citigroup Inc. (Exact name of registrant as specified in its charter) Delaware 52-1568099 (State or other jurisdiction of inco ...

Core Insights - Citibank offers a variety of mortgage products with high customer satisfaction, including options for low down payments and closing cost assistance for qualified buyers [1][34] - The bank's HomeRun Mortgage program features a 3% down payment and no private mortgage insurance (PMI) requirement, available in select U.S. cities [6][10] - Citibank ranks No. 4 in the J.D. Power 2024 U.S. Mortgage Origination Satisfaction Study, indicating strong customer satisfaction [6][34] Loan Offerings - Citibank provides several types of home loans, including conventional loans, FHA loans, VA loans, jumbo loans, and its HomeRun Mortgage [7][6] - The HomeRun Mortgage allows qualified buyers to cover up to $7,500 in closing costs through the Lender Paid Assistance Program [6][10] - Current Citi customers can benefit from Relationship Pricing to save on closing costs or interest rates [6] Customer Experience - Citibank's website offers a range of online tools and resources for first-time home buyers, including a pre-approval tool and a comprehensive home buyer's guide [8][22] - The application process for a mortgage can be cumbersome, requiring account creation and personal information [20][22] - Citibank's HELOCs provide a way to maximize home equity, with options for interest-only payments available to qualified borrowers [12][13] Ratings and Comparisons - Citibank scores 4 out of 5 stars for mortgage rates but only 2 out of 5 stars for total loan costs, indicating competitive rates but higher overall costs [18][19] - Compared to Bank of America, Citibank offers lower down payment assistance but has a strong selection of loan products [28] - Citibank's HELOCs offer flexible draws, unlike Rocket Mortgage, which only provides a lump-sum option [31]