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 ...

Citigroup Inc. (C) is again in the headlines for repeatedly breaching the Federal Reserve’s Regulation W, which limits intercompany transactions. Those breaches led to discrepancies in the company’s internal liquidity reporting. This was reported by Reuters, citing an internal company document. Regulation W is in place to protect customer deposits and restrict the transactions between a bank and its affiliates in order to protect depositors whose funds were insured by the government. This violation is not a ...

Citigroup reportedly made repeated breaches of a Federal Reserve rule limiting intercompany transactions.Those breaches led to errors in the banking giant’s internal liquidity reporting, Reuters reported Wednesday (July 31), citing an internal document from Citi.According to the report, the Fed’s Regulation W requires banks to restrict transactions such as loans to the affiliates under their control to protect depositors whose funds are insured up to $250,000 by the government.Reuters notes that the infract ...