US1729674242 - Common Stock
CITIGROUP INC
NYSE:C (12/26/2024, 7:00:00 PM)
After market: 71.3 -0.05 (-0.07%)71.35
+0.35 (+0.49%)
Citigroup, Inc. is a holding company, which engages in the provision of financial products and services. The company is headquartered in New York City, New York and currently employs 229,000 full-time employees. Its segments include Services, Markets, Banking, U.S. Personal Banking (USPB) and Wealth. Services segment includes treasury and trade solutions (TTS) and securities services. TTS provides an integrated suite of tailored cash management, trade and working capital solutions to multinational corporations, financial institutions and public sector organizations. Markets segment provides corporate, institutional and public sector clients around the world with a full range of sales and trading services across equities, foreign exchange, rates, spread products and commodities. Banking segment includes investment banking, which supports client capital-raising needs to help strengthen and grow their businesses. USPB segment includes branded cards and retail services, which have proprietary card portfolios and co-branded card portfolios. Wealth includes private bank, wealth at work and Citigold and provides financial services.
CITIGROUP INC
388 Greenwich Street, 17th Floor
New York City NEW YORK 10013
P: 12125591000
CEO: Michael L. Corbat
Employees: 229000
Website: http://www.citigroup.com/
Richard Parsons, one of corporate America's most prominent Black executives who held top posts at Time Warner and Citigroup, died Thursday. Parsons, who died at his Manhattan home, was diagnosed with multiple myeloma in 2015 and cited “unanticipated complications” from the disease for cutting back on work a few years later. The financial services company Lazard, where Parsons was a longtime board member, confirmed his death.
A prominent Black businessman, Parsons also helped the NBA's Clippers navigate a scandal over racism. Parsons was widely credited with the turnaround of Time Warner after its botched $165 billion merger with AOL, CNN reported. With Parsons as CEO, Time Warner slashed its debt by roughly half as it ushered in a new era of sustainable growth.
Richard Parsons, the executive dubbed “Captain Emergency” for his record of stabilizing ailing companies such as AOL Time Warner, Citigroup Inc. and Dime Savings Bank of New York, has died. He was 76.
In the most recent trading session, Citigroup (C) closed at $71, indicating a +1.76% shift from the previous trading day.
The Bank Policy Institute is leading a group of banks and financial organizations in a lawsuit on Tuesday against the Federal Reserve over its annual stress tests.
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