$C (Citigroup Inc.)

$C {{ '2016-07-15T17:01:25+0000' | timeago}} • Webcast

Ken Usdin of Jefferies asks whether $C has seen any change in activity post the initial reaction of Brexit. CFO John Gerspach replied that the activity levels are fine. He added that the company has to see how everything holds up through the month of Aug. 2016. and said that the beginning part of July looks fine.

$BAC {{ '2017-10-13T19:10:55+0000' | timeago}} • Webcast

$BAC said it did not see a spike in loan defaults in 3Q17, unlike rivals such as $JPM and $C. However, the Charlotte, North Carolina- based company said it increased its provision for loan losses in the consumer banking segment by $269MM, keeping in mind the impact of hurricanes during the quarter.

$BAC {{ '2017-10-13T12:02:32+0000' | timeago}} • Announcement

$BAC, the second largest US bank by assets, said sales and trading revenue fell 13% to $3.1Bil in 3Q17 due to unfavorable market conditions and lower volatility in rates products. Fixed-income trading revenue fell 22% to $2.15Bil. Earlier, rivals $C and $JPM had also reported 16% and 27% declines respectively in their fixed-income trading revenues.

$C {{ '2017-10-12T20:07:00+0000' | timeago}} • Webcast

$C expects NII to see an additional growth of $500MM YoY in 4Q17. Through this, the company is roughly in line with its projection of $1Bil of NII growth in 2H17, as it has already achieved a growth of $450MM in 3Q17.

$C {{ '2017-10-12T19:56:21+0000' | timeago}} • Webcast

$C said its card business with retailer $COST has been highly successful. "We've continued to be able to grow account balances and we've seen continued growth in the purchases. So it's still looking like an absolute winner for us," the company said.

$C {{ '2017-10-12T18:55:34+0000' | timeago}} • Infographic

Though expected, banking giants $C and $JPM reported decline in trading revenues in 3Q17, hurt by tepid volatility in market. However, Citigroup displayed a slightly better performance, helped by growth in stock trading revenue.

$C {{ '2017-10-12T14:10:59+0000' | timeago}} • Infographic

$C Citigroup Inc. Earnings AlphaGraphic: Q3 2017 Highlights

$C {{ '2017-10-12T13:09:50+0000' | timeago}} • Announcement

In 3Q17, $C reported 3% growth in its Global Consumer Banking segment and 9% growth in Institutional Clients Group. Revenue from its smaller Corporate segment, meanwhile, saw a decline of 55% during the quarter.

$C {{ '2017-10-12T13:04:26+0000' | timeago}} • Announcement

$C's revenue from bond trading declined 16% in 3Q17, but this was offset by an equal growth in equity trading revenue. Overall, trading revenue fell 11% due to subdued volatility in the market, but this was lower than the 15% decline the company had predicted during the Investors' Day event held in July, 2017.

$C {{ '2017-10-12T12:47:32+0000' | timeago}} • Announcement

A day after IMF listed in its latest report, $C as the sole US bank that it expects to struggle to remain profitable, the banking giant pleased investors with higher revenue and net income for 3Q17. While revenue rose 2% to $18.2Bil, net income increased 8% to $4.1Bil. On a per share basis, net income rose to $1.42 from $1.24 a year ago.

$GE {{ '2017-10-02T11:51:59+0000' | timeago}} • Announcement

$GE has completed the closing of the sale of GE Water & Process Technologies to SUEZ for $3.4Bil on Sept 30, 2017. $GS and $C provided financial advice to $GE.

$PYPL {{ '2017-07-20T15:44:04+0000' | timeago}} • Announcement

Payment services provider $PYPL and $C have expanded their strategic agreement for broadening consumer payment choices. The partnership will allow Citi card-members to use their ThankYou Points to pay for all or part of purchases when shopping online through the PayPal gateway in US. The facility will be launched next year.

$C {{ '2017-07-14T19:13:02+0000' | timeago}} • Webcast

On balance sheet reduction, $C said it is an uncharted territory for the company, making it difficult to predict its impact over the next six months. $C added that it does not have anything major to put into the outlook for 2H17.

$C {{ '2017-07-14T18:22:50+0000' | timeago}} • Webcast

$C expects earnings to grow modestly YoY in 3Q17 in North America with continued momentum into 4Q17. The New York-based company also sees sequential decline in expenses, and tax rate in the range of around 32% for 2H17.

$C {{ '2017-07-14T17:55:14+0000' | timeago}} • Webcast

Calling banking results in 2Q17 "excellent," $C stated that the investment banking segment had the best quarter in seven years, and that the private bank had its best quarter in its history. Treasury and trade solutions have also shown consistent YoY growth over the past three years, the banking giant said.

$C {{ '2017-07-14T13:35:40+0000' | timeago}} • Infographic

$C Citigroup Inc. Earnings AlphaGraphics: Q2 2017 highlights

$C {{ '2017-07-14T12:53:21+0000' | timeago}} • Announcement

$C's revenue from Global Consumer Banking in 2Q17 was up 5% to $8Bil, driven by growth in North America and International markets. Institutional Clients Group revenues jumped 6% to $9.2Bil, driven by growth across all Banking products, particularly Investment Banking. However, these were offset by a 45% fall in Corporate/Other revenues to $653MM.

$C {{ '2017-07-14T12:45:26+0000' | timeago}} • Announcement

$C said its deposits in 2Q17 were $959Bil, up 2%. The New York-based banking giant's end of period loans were $645Bil as of quarter end, up 2% from the prior-year period.

$C {{ '2017-07-14T12:39:30+0000' | timeago}} • Announcement

Three weeks after $C eased through FED's stress tests, the banking giant reported 2% hike in 2Q17 revenue to $17.9Bil, driven by growth in Institutional Clients Group and Global Consumer Banking. Though net income fell 3% to $3.9Bil as it struggled to cut costs, a 6% reduction in shares outstanding boosted EPS by 3% to $1.28.

$C {{ '2017-04-13T16:58:25+0000' | timeago}} • Webcast

$C said that the company's capital ratio is most comfortable at the 11.5% range. Looking at the regulatory requirements, they are at about 10%. Currently, the company is thinking about having a 100 BP buffer on top of the 10%, which get it to 11%. Therefore, somewhere between 11-11.5% is a good range to think about currently.

$C {{ '2017-04-13T16:35:01+0000' | timeago}} • Webcast

$C's total net interest revenue declined 3% YoY in constant dollars to $10.9Bil, as growth in core accrual revenue was offset by the wind down of legacy assets and lower trading related net interest revenue. Internationally, $C expects modest YoY revenue growth in constant dollars, with positive operating leverage in both Asia and Mexico.

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