Articles from Citigroup Inc.

The Board of Directors of Citigroup Inc. yesterday declared a quarterly dividend on Citigroup’s common stock of $0.56 per share, payable on February 28, 2025, to stockholders of record on February 3, 2025.

Today, Citi (NYSEC) and Bank of Shanghai launched a first-of-its-kind payments solution on Bank of Shanghai’s TourCard. The TourCard aims to provide international travelers a straightforward, cost-efficient and more streamlined Chinese yuan renminbi (CNY) payment journey while traveling in China.

Citigroup Inc. is announcing the redemption, in whole, constituting $1,000,000,000 of its 1.281% Fixed Rate / Floating Rate Notes due 2025 (the “notes”) (ISIN: US172967ND99).

The Board of Directors of Citigroup Inc. today declared a quarterly dividend on Citigroup’s common stock of $0.56 per share, payable on November 22, 2024, to stockholders of record on November 4, 2024.

Today, Citi (NYSEC) and Mastercard NYSE: MANYSEMA)

Citigroup Inc. (NYSEC) and Apollo NYSE: APONYSEAPO)

Citigroup Inc. is redeeming, in whole, all $1.5 billion aggregate liquidation preference of Series U Depositary Shares representing interests in its 5.000% Fixed Rate / Floating Rate Noncumulative Preferred Stock, Series U (the “Preferred Stock”).

The Board of Directors of Citigroup Inc. today declared a quarterly dividend on Citigroup’s common stock of $0.56 per share, payable on August 23, 2024 to stockholders of record on August 5, 2024.

Citi today announced the launch of Citi Real-Time Funding (RTF), the latest addition to its real-time treasury suite of solutions for corporate clients. Citi Real-Time Funding is now available in Australia, Hong Kong and the United Kingdom, with plans to expand to additional markets later this year.

Citi Issuer Services, acting through Citibank N.A., has been appointed by Iberdrola, S.A. (“Iberdrola”) to act as successor depositary bank for its sponsored Level 1 American Depositary Receipt (“ADR”) programme.

Citigroup Inc. is announcing the redemption, in whole, constituting $1,500,000,000 of its 4.140% Fixed Rate / Floating Rate Notes due 2025 (the “fixed rate / floating rate notes”) (ISIN: US172967NQ03), and the redemption, in whole, constituting $500,000,000 of its Floating Rate Notes due 2025 (the “floating rate notes” and, together with the fixed rate / floating rate notes, the “notes”) (ISIN: US172967NR85).

Citigroup Inc. is announcing the redemption, in whole, constituting $2,000,000,000 of its 0.981% Fixed Rate / Floating Rate Notes due 2025 (the “fixed rate / floating rate notes”) (ISIN: US172967MX62), and the redemption, in whole, constituting $500,000,000 of its Floating Rate Notes due 2025 (the “floating rate notes” and, together with the fixed rate / floating rate notes, the “notes”) (ISIN: US172967MW89).

Citigroup Inc. is announcing the redemption, in whole, constituting C$56,782,000 of its 5.160% Fixed Rate / Floating Rate Subordinated Notes due 2027 (the “notes”) (ISIN: CA172967EB37).

Citigroup Inc. is redeeming, in whole, all $1.25 billion aggregate liquidation preference of Series D Depositary Shares representing interests in its 5.350% Fixed Rate / Floating Rate Noncumulative Preferred Stock, Series D (the “Preferred Stock”).

Citigroup Inc. is announcing the redemption, in whole, constituting $2,750,000,000 of its 3.352% Fixed Rate / Floating Rate Notes due 2025 (the “notes”) (ISIN: US172967MF56).

The Board of Directors of Citigroup Inc. today declared a quarterly dividend on Citigroup’s common stock of $0.53 per share, payable on May 24, 2024 to stockholders of record on May 6, 2024.

Citigroup Inc. is redeeming, in whole, the remaining 22,000 shares outstanding of its 7.125% Fixed Rate / Floating Rate Noncumulative Preferred Stock, Series J (ticker “C Pr J”) (the “Preferred Stock”) and the corresponding Series J Depositary Shares representing interests in the Preferred Stock, equivalent to $550 million aggregate liquidation preference. 16,000 shares of the Preferred Stock and the related Depositary Shares, equivalent to $400 million aggregate liquidation preference, were previously redeemed on December 29, 2023.

The Board of Directors of Citigroup Inc. today declared a quarterly dividend on Citigroup’s common stock of $0.53 per share, payable on February 23, 2024 to stockholders of record on February 5, 2024.

The waves of sophisticated phone, text and online scam attempts that accompany modern life may leave Americans numb to the dangers of scams and overconfident in their ability to prevent them. A new Citi survey reveals a startling reality: 90% of U.S. adults express confidence in their ability to detect and prevent financial scams, yet more than a quarter (27%) of 2,432 online respondents report falling victim at some point. This disconnect emphasizes the need for continued vigilance, awareness and education to keep consumers' finances safe.

Citigroup Inc. is redeeming 16,000 shares out of 38,000 shares outstanding of its 7.125% Fixed Rate / Floating Rate Noncumulative Preferred Stock, Series J (ticker “C Pr J”) (the “Preferred Stock”), equivalent to $400 million out of an outstanding total of $950 million aggregate liquidation preference of Series J Depositary Shares representing interests in its Preferred Stock.

Citi has developed an innovative application that uses blockchain infrastructure to price and execute bilateral spot foreign-exchange (FX) trades.

The Board of Directors of Citigroup Inc. today declared a quarterly dividend on Citigroup’s common stock of $0.53 per share, payable on November 22, 2023 to stockholders of record on November 6, 2023.

Citigroup Inc. is redeeming, in whole, all $1.495 billion aggregate liquidation preference of Series K Depositary Shares representing interests in its 6.875% Fixed Rate / Floating Rate Noncumulative Preferred Stock, Series K (ticker “C Pr K”) (the “Preferred Stock”).

Citigroup Inc. is redeeming, in whole, all $1.5 billion aggregate liquidation preference of Series A Depositary Shares representing interests in its 5.950% Fixed Rate / Floating Rate Noncumulative Preferred Stock, Series A (the “Preferred Stock”).

SIBOS- Citi Treasury and Trade Solutions (TTS) announces the creation and piloting of Citi Token Services for cash management and trade finance. The service uses blockchain and smart contract technologies to deliver digital asset solutions for institutional clients. Citi Token Services will integrate tokenized deposits and smart contracts into Citi’s global network, upgrading core cash management and trade finance capabilities.

Citi Treasury and Trade Solutions launches a set of four payment solutions for Financial Institution (FI) clients, which are designed to improve the client experience for their end users. With this, FI clients will now have access to new capabilities -- each of which can now be used with low or no implementation work or technology build.

The Board of Directors of Citigroup Inc. today declared a quarterly dividend on Citigroup’s common stock of $0.53 per share, payable on August 25, 2023 to stockholders of record on August 7, 2023.

Citigroup Inc. is redeeming, in whole, all $750 million aggregate liquidation preference of Series B Depositary Shares representing interests in its 5.90% Fixed Rate / Floating Rate Noncumulative Preferred Stock, Series B (the “Preferred Stock”).

Today Citi reported second quarter 2023 results, which can be found on its website at https://www.citigroup.com/global/investors. A Quarterly Financial Data Supplement with additional financial, statistical, and business-related information, as well as business and segment trends is also available.

Citigroup will issue its second quarter results via press release at approximately 8 a.m. (ET) on Friday, July 14, 2023. At 11 a.m. (ET), results will be reviewed via live webcast and teleconference.

Citi today announced it will pursue an initial public offering (IPO) of its consumer, small business and middle-market banking operations in Mexico (the “Business”) following the planned separation of its leading institutional business that will remain part of Citi. As previously disclosed, Citi had been pursuing a dual process to exit the Business, including preparation for a possible IPO, with a commitment to deliver maximum value to its shareholders.

Jane Fraser, Chief Executive Officer of Citi, will present at Bernstein’s 39th Annual Strategic Decisions Conference on Friday, June 2. The presentation is expected to begin at approximately 11:00 a.m. (Eastern). A live webcast will be available at http://www.citigroup.com/citi/investor. A replay and transcript of the webcast will be available shortly after the event.

Citigroup Inc. is announcing the redemption, in whole, constituting $1,250,000,000 of its 4.044% Fixed Rate / Floating Rate Notes due 2024 (the “fixed rate / floating rate notes”) (ISIN: US172967LZ20), and the redemption, in whole, constituting $1,000,000,000 of its Floating Rate Notes due 2024 (the “floating rate notes” and together with the fixed rate / floating rate notes, the “notes”) (ISIN: US172967MA69).

On November 14, 2022, ICE Benchmark Administration (“IBA”), the publisher of the USD LIBOR ICE Swap Rate, announced that it intends to cease publication of all ICE Swap Rate settings based on USD LIBOR after June 30, 2023 (the "Cessation Date"). This announcement follows the announcement by the UK Financial Conduct Authority on March 5, 2021, that all USD LIBOR settings will either cease or no longer be representative after the Cessation Date. The USD LIBOR ICE Swap Rate is also referred to as a constant maturity swap (or “CMS”) rate, and in this press release is referred to as the “USD LIBOR CMS Rate”.

Citigroup Inc. is announcing the redemption, in whole, constituting $1,500,000,000 of its 1.678% Fixed Rate / Floating Rate Notes due 2024 (the “notes”) (ISIN: US172967MR94).

Citigroup Inc. is announcing the redemption, in whole, constituting $1,500,000,000 of its Floating Rate Notes due 2024 (the “notes”) (ISIN: US172967LL34).

Citi today released its 2022 Environmental, Social and Governance (ESG) Report, highlighting progress across Citi and the Citi Foundation toward building more sustainable, diverse and equitable communities around the world. This annual report provides more information on the performance and management of Citi’s commitments to address environmental and social priorities, while building long-term value for Citi stakeholders.

Citigroup Inc. will hold its 2023 Annual Stockholders' Meeting on Tuesday, April 25, 2023, at 9 a.m. Eastern Time (ET). This year’s Annual Meeting will be held in a virtual format. A live webcast of the Annual Meeting will be available at www.virtualshareholdermeeting.com/CITI2023.

Please view Citi’s first quarter 2023 earnings press release on its website https://www.citigroup.com/global/investors.

Citi has been named the Best Global Bank for Cash Management in 2023 by Global Finance Magazine. The publication also named Citi the Best Global Provider of Short-Term Investments/Money Market Funds. In addition, Citi earned recognition with multiple regional awards across Liquidity Management and Payments & Collections.

The Board of Directors of Citigroup Inc. today declared a quarterly dividend on Citigroup’s common stock of $0.51 per share, payable on May 26, 2023, to stockholders of record on May 1, 2023.

Citigroup will issue its first quarter results via press release at approximately 8 a.m. (ET) on Friday, April 14, 2023. At 11 a.m. (ET), results will be reviewed via live webcast and teleconference.

Walmart and Citi are collaborating to introduce the Bridge built by Citi platform (“Bridge”) to Walmart’s 10,000 small- and medium-sized businesses (SMBs) in their US-based supplier network. Bridge is a digital platform that connects SMBs with a diverse group of more than 70 lenders that provide qualifying businesses with loans of up to $10 million.

Citi’s Issuer Services, acting through Citibank, N.A., has been appointed as the depositary bank by QuantaSing Group Limited (“QuantaSing”) – a leading online learning service provider in China's adult learning market, to act as Depositary Bank for its American Depositary Receipt (“ADR”) program.

The Board of Directors of Citigroup Inc. today declared a quarterly dividend on Citigroup’s common stock of $0.51 per share, payable on February 24, 2023 to stockholders of record on February 6, 2023.

Jane Fraser, Chief Executive Officer of Citi, will present at the Goldman Sachs 2022 US Financial Services Conference on Wednesday, December 7. The presentation is expected to begin at approximately 11:20 a.m. (Eastern). A live webcast will be available at http://www.citigroup.com/citi/investor. A replay and transcript of the webcast will be available shortly after the event.

Citibank, N.A. said yesterday that it has raised its base lending rate to 7.00% from 6.25%, effective today, Thursday, November 3, 2022.

The Board of Directors of Citigroup Inc. today declared a quarterly dividend on Citigroup’s common stock of $0.51 per share, payable on November 23, 2022 to stockholders of record on November 7, 2022.

Please view Citi’s third quarter 2022 earnings press release on its website http://www.citigroup.com/citi/investor.

Citibank, N.A. said today it has raised its base lending rate to 6.25% from 5.50%, effective tomorrow, Thursday, September 22, 2022.

Citi Private Bank’s Family Office Group today released the results of its 2022 Family Office Survey, capturing the thinking and behaviors of some of the most diverse family offices and ultra-high net worth investors globally. At a time of increasingly broad financial and geopolitical challenges, the report outlines areas of opportunities for potential growth in the year ahead.

Citigroup Inc. is announcing the redemption, in whole, constituting $1,750,000,000 of its 2.700% Notes due 2022 (the “fixed rate notes”) (ISIN: US172967LQ21) and $400,000,000 of its Floating Rate Notes due 2022 (the “floating rate notes” and together with the fixed rate notes, the “notes”) (ISIN: US172967LR04).

Citigroup Inc. is announcing the redemption, in whole, constituting $2,000,000,000 of its Floating Rate Notes due 2023 (the “notes”) (ISIN: US172967KX80).

Citibank, N.A. said today it has raised its base lending rate to 5.50% from 4.75%, effective tomorrow, Thursday, July 28, 2022.

The Board of Directors of Citigroup Inc. today declared a quarterly dividend on Citigroup’s common stock of $0.51 per share, payable on August 26, 2022 to stockholders of record on August 1, 2022.

Please view Citi’s second quarter 2022 earnings press release on its website https://www.citigroup.com/citi/investor.

Citi’s Issuer Services business, acting through Citibank, N.A., has been appointed by Ming Yang Smart Energy Group Limited (“Ming Yang”) – a leading wind turbine manufacturer in China – to act as Depositary Bank for its Global Depositary Receipt (“GDR”) program.

Citigroup Inc. is announcing the redemption, in whole, constituting $2,500,000,000 of its 2.876% Fixed Rate / Floating Rate Notes due 2023 (the “FXD/FRN notes”) (ISIN: US172967LM17), and the redemption, in whole, constituting $750,000,000 of its Floating Rate Notes due 2023 (the “FRN notes” and together with the FXD/FRN notes, the “notes”) (ISIN: US172967LN99).

Citigroup Inc. will hold its 2022 Annual Stockholders' Meeting on Tuesday, April 26, 2022, at 9 a.m. Eastern Time (“ET”). This year’s Annual Meeting will be held virtually. A live webcast of the Annual Meeting will be available at www.virtualshareholdermeeting.com/CITI2022.

Citigroup will issue its first quarter results via press release at approximately 8:00 AM (ET) on Thursday, April 14, 2022. At 11:00 AM (ET), results will be reviewed via live webcast and teleconference.

The Board of Directors of Citigroup Inc. today declared a quarterly dividend on Citigroup’s common stock of $0.51 per share, payable on May 27, 2022 to stockholders of record on May 2, 2022.

Citi today announced that it has reached an agreement with Axis Bank Limited (Axis) for the sale of Citi’s consumer businesses in India. Axis was selected by Citi following an extensive and competitive auction process.

Citigroup Inc. is announcing the redemption, in whole, constituting £99.9 million of the 6.829% Fixed Rate / Floating Rate Enhanced TruPS® issued by Citigroup Capital XVIII (CUSIP: 172988AB3, ticker C/67BP) (the “Redeemed ETruPS®”).

Citi announced that it worked exclusively with five Black-owned firms to syndicate a $2.5 billion bond issuance, reinforcing the firm’s commitment to increasing racial equity in the capital markets and broader financial services industry.

Please view Citi’s fourth quarter 2021 earnings press release on its website http://www.citigroup.com/citi/investor.

The Board of Directors of Citigroup Inc. today declared a quarterly dividend on Citigroup’s common stock of $0.51 per share, payable on February 25, 2022 to stockholders of record on February 7, 2022.

Citi today announced that it intends to exit the consumer, small business and middle market banking operations of Citibanamex as part of its strategic refresh. Citi will continue to operate a locally-licensed banking business in Mexico through its global Institutional Clients Group. Citi has operated in Mexico for more than a century and the country will remain among Citi’s top institutional markets outside of the U.S. Citi will continue to invest in and grow those institutional banking operations, along with its Private Banking franchise.

Citigroup Inc. is announcing the redemption, in whole, constituting $2,000,000,000 of its 3.142% Fixed Rate / Floating Rate Notes due 2023 (the “notes”) (ISIN: US172967LV16).

Citi and Insigneo announced today that they have entered into a definitive agreement under which the Miami-based independent broker-dealer and Registered Investment Advisor (RIA) will acquire Citi International Financial Services, LLC (CIFS) and Citi Asesores de Inversion Uruguay S.A. (Citi Asesores).

Citigroup Inc. is announcing the redemption, in whole, constituting €1,000,000,000 of its 0.500% Fixed Rate Notes due 2022 (the “notes”) (ISIN: XS1939355753).

Mark Mason, Chief Financial Officer of Citigroup, will present at the 2021 Goldman Sachs U.S. Financial Services Conference on Wednesday, December 8, 2021. The presentation is expected to begin at approximately 3:00 p.m. (Eastern). A live webcast will be available at www.citigroup.com/citi/investor. A replay and transcript of the webcast will be available shortly after the event.

Citi Chief Financial Officer Mark Mason released the following statement regarding the wind-down of the Korea Consumer Bank, which is part of Citi’s strategic plan to exit 13 consumer markets in Asia and EMEA to refocus its presence on four wealth centers: Hong Kong, Singapore, London and the UAE. Citi will continue to invest in and grow its institutional franchises in the two regions.

Citi today announced a partnership with Breakthrough Energy Catalyst, a groundbreaking program from Breakthrough Energy to accelerate the development of clean energy technologies that will help achieve net zero emissions by 2050. Catalyst, a program within the larger Breakthrough Energy network founded by Bill Gates, is a new model for public-private sector partnership to build the foundation of a net zero economy. It brings together businesses, governments, philanthropies and individuals to invest in critical decarbonization technologies that will help solve the climate crisis. As an anchor partner, Citi is aiming to deploy $100 million over the next five years to help fund the program’s efforts to rapidly scale and commercialize climate technology projects. This was announced at the United Nations Climate Change Conference (COP26).

Citigroup Inc. is announcing the redemption, in whole, constituting $1,500,000,000 of its 2.312% Fixed Rate / Floating Rate Notes due 2022 (the “FXD / FRN notes”) (ISIN: US17308CC463), and the redemption, in whole, constituting $500,000,000 in aggregate principal amount, of its Floating Rate Notes due 2022 (the “FRN notes” and together with the FXD / FRN notes, the “notes”) (ISIN: US17308CC380).

The Board of Directors of Citigroup Inc. today declared a quarterly dividend on Citigroup’s common stock of $0.51 per share, payable on November 24, 2021 to stockholders of record on November 1, 2021.