Citigroup News

As one of the major banks in the United States, Citigroup is currently charting a path in the post-2008 financial crisis era. The best way to stay up-to-date with its progress, stock position and products is through the Wiser daily Citigroup news email. It is a huge bank, with $1.8 trillion in assets and a presence all over the world. It has two main areas of business. The first is in consumer and business banking, and the second is its brokerage and asset management business. It was founded in 1998 in what was at the time one of the biggest corporate mergers in history. Today its chief executive officer is Mike Corbat. On a corporate level, it is still recovering from the huge losses of 2008 and the government-backed rescue. On a local level, it is a bank responsible for the deposits, loans and mortgages of millions of individual Americans and hundreds of thousands of businesses. Whatever part of the Citigroup story you are interested in you will get the information you need with our daily digest. Sign up today for this free email that is packed with the latest Citigroup news from the best sources on the internet.

Recent Citigroup News Coverage
 
Your Weekly Recommendations Saturday, September 23, 2017
 
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Wells Fargo hires new law firm to prepare CEO for Senate appearance
Reuters • Dan Freed
Morgan StanleyVoice: Help Simplify Your Financial Life Through Consolidation
Forbes • Morgan Stanley, Morgan Stanley Team
Lady Gaga's Joanne World Tour Earns $52 Million in Opening Trek
Billboard Biz • Bob Allen
Fed Reverses QE: Financial ETFs And Stocks To Buy
Seeking Alpha • Zacks Funds
Senate Banking panel to grill Equifax, Wells Fargo chiefs next month
The Hill • Sylvan Lane
Morgan Stanley and Citi Say They Will Run on 100 Percent Clean Energy
Renewable Energy World
Can Peer Pressure Keep Foreign Exchange Honest?: QuickTake Q&A
Bloomberg • Lananh Nguyen
Yellen signals Wells may face more actions
American Banker • John Heltman
Republican report accuses consumer watchdog of going easy on Wells Fargo
Los Angeles Times • Associated Press
Financial stocks spike up after Fed, with Bank of America and Wells Fargo shares swinging higher
MarketWatch • Tomikilgore
 
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American Express Co, Bank of America
Wells Fargo hires new law firm to prepare CEO for Senate appearance
ReutersDan Freed
NEW YORK () - Wells Fargo & Co. (WFC.N) has hired law firm Sidley Austin to take the lead in preparing Chief Executive Tim Sloan for his appearance before the U.S. Congress next month to answer questions about a year-long sales practices...
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Bank of America, Banking
Morgan StanleyVoice: Help Simplify Your Financial Life Through Consolidation
ForbesMorgan Stanley, Morgan Stanley Team
Suffering from “account sprawl” because your various accounts are housed at many different financial institutions? It may be more of a problem than you realize. Many of us have been here: You try to log in to your checking, savings or retirement...
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Citigroup Inc, Music Industry
Lady Gaga's Joanne World Tour Earns $52 Million in Opening Trek
Billboard BizBob Allen
Kevin Mazur/Getty Images for Live Nation Highlights from the North American run include the pop star’s first headlining performances at American stadiums. Lady Gaga’s Joanne World Tour topped $52 million in ticket sales during its opening trek through North America based on...
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Citigroup Inc, Federal Reserve
Fed Reverses QE: Financial ETFs And Stocks To Buy
Seeking AlphaZacks Funds
As expected, the Fed kept the short-term interest rates steady at 1-1.25% in its two-day FOMC meeting concluded yesterday and laid out the timing of reverse quantitative easing (QE), starting next month. The central bank will start unwinding its $4.5-trillion balance sheet,...
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Citigroup Inc, Federal Reserve
Senate Banking panel to grill Equifax, Wells Fargo chiefs next month
The HillSylvan Lane
The Senate Banking Committee is set to host the CEOs of Equifax and Wells Fargo next month as as both companies face the fallout of massive financial scandals that have dominated headlines and tarnished their names. Wells Fargo CEO Timothy Sloan will...
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Bank of America, Citigroup Inc
Morgan Stanley and Citi Say They Will Run on 100 Percent Clean Energy
Renewable Energy World
Morgan Stanley and Citigroup Inc. announced they will get all of their energy from renewables in a few years, another show of corporate support for climate action running counter to U.S. President Donald Trump’s view on the issue.
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Banking, Citigroup Inc
Can Peer Pressure Keep Foreign Exchange Honest?: QuickTake Q&A
BloombergLananh Nguyen
The world’s biggest financial market has a new set of do’s and don’ts. The FX Global Code, published in May, aims to stamp out misconduct in foreign exchange -- the trade of national currencies -- following a rigging scandal that triggered about...
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Bank of America, Citigroup Inc
Yellen signals Wells may face more actions
American BankerJohn Heltman
WASHINGTON — Federal Reserve Chair Janet Yellen strongly hinted that more regulatory penalties against Wells Fargo may be forthcoming related to its phony-accounts scandal, saying its activities were beyond the pale. “Let me say that I consider the behavior of Wells Fargo...
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American Express Co, Bank of America
Republican report accuses consumer watchdog of going easy on Wells Fargo
Los Angeles TimesAssociated Press
The Consumer Financial Protection Bureau could have fined Wells Fargo & Co. more than $10 billion for its illegal sales practices but instead settled for $100 million, according to the agency's internal documents released by congressional Republicans this week. The CFPB also...
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Bank of America, Citigroup Inc
Financial stocks spike up after Fed, with Bank of America and Wells Fargo shares swinging higher
MarketWatchTomikilgore
Financial stocks spiked higher in afternoon trade Wednesday, after the Federal Reserve said it would begin normalizing its balance sheet, as expected, in October. The SPDR Financial Select Sector ETF was up 0.6%, after trading unchanged just prior to the Fed's announcement....
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