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Citigroup Inc. or Citi ( stylized as citi) is an American multinational investment bank and financial services corporation incorporated in Delaware and headquartered in New York City. The company was formed by the merger of Citicorp, the bank holding company for Citibank, and Travelers in 1998; Travelers was spun off from the company in 2002. [4] [5]
The SPDR Portfolio S&P 500 High Dividend ETF's top holdings currently include Public Service Enterprise Group, Hasbro, Iron Mountain, Citigroup, and Dominion Energy.
The decision, announced internally in a bank memo Thursday, is the latest example of how Citigroup is paring back its ambitions as it tries to revive its stock price and remove decades of bloat.
With 209,000 employees in more than 100 countries, the Citigroup brand is one any seasoned financial services customer would recognize. Citigroup Inc (NYSE: C) stands as the third-largest bank in ...
Citigroup CEO Jane Fraser got a 6% pay bump after a year when profits dropped and Fraser began a restructuring that will result in an estimated 20,000 job cuts.
The difference being, we already know Citigroup won't raise its dividend payout, while investors in other banks are still hoping for a different outcome.
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