Citigroup (C) Business News

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Citigroup: 6.3% Yielding Preferred Shares Are Interesting

Seeking Alpha

11:40 AM | Saturday | Jun 13, 2026

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Citigroup is aggressively buying back shares, reducing net share count by nearly 9% year-over-year. The new Series R preferred shares offer a 6.3% yield and call protection until February 2031, making them attractive in the current rate environment. Q1 results showed robust net income of $5.79B, with preferred dividends well covered at less than 5.
3% of attributable net income.

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11:40 AM | Saturday | Jun 13, 2026

Citigroup: 6.3% Yielding Preferred Shares Are Interesting

Seeking Alpha

Citigroup is aggressively buying back shares, reducing net share count by nearly 9% year-over-year. The new Series R preferred shares offer a 6.3% yield and call protection until February 2031, making them attractive in the current rate environment. Q1 results showed robust net income of $5.79B, with preferred dividends well covered at less than 5.
3% of attributable net income.

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12:26 PM | Friday | Jun 12, 2026

Citigroup Deepens Private Markets Push With Tokenized DDR Launch

Zacks Investment Research

C launches tokenized Digital Depositary Receipts, creating a new avenue for issuers and investors to access private markets.

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12:49 PM | Thursday | Jun 11, 2026

Citigroup Expands Access to Private Markets With Tokenized Depositary Receipts

PYMNTS

Citigroup launched tokenized depositary receipts that are designed to broaden access to private markets.

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8:00 AM | Thursday | Jun 11, 2026

Citigroup Is Rolling Out Tokenized Shares of Private Companies

WSJ

The bank hopes other financial institutions will become involved.

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11:35 AM | Wednesday | Jun 10, 2026

Trump Says Citi Is the Top M&A Adviser, But It's Not

Bloomberg Markets and Finance

President Donald Trump congratulated Citigroup and CEO Jane Fraser for being the top adviser on mergers and acquisitions. But the bank is nowhere near the top of the list in the first quarter and has actually slipped.

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10:36 AM | Wednesday | Jun 10, 2026

C Highlights Turnaround Progress, Solid Q2 Trading & IB Outlook

Zacks Investment Research

Citigroup's turnaround is shifting from repair to growth as AI gains, cost cuts, and stronger trading and IB outlooks support 2026.

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11:06 AM | Tuesday | Jun 9, 2026

Citi hires Andrew Conway as global chair of consumer and retail investment banking

Reuters

Citigroup has hired Andrew Conway as its global chair of consumer and retail ​investment banking to expand its banking franchise in ‌the sector, according to a memo seen by Reuters.

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8:21 AM | Tuesday | Jun 9, 2026

Investors Look Ready for a Summer Melt-Up as “AI Supercycle” Heats Up

24/7 Wall Street

As we ready up for a hot summer, many investors seem ready for the stock markets to really heat up.

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11:02 AM | Monday | Jun 8, 2026

Citigroup's Path to 5-6% NII Rise in 2026: What's Driving the Upside?

Zacks Investment Research

C targets 5-6% y/y NII growth in 2026 as loan demand rises, deposit costs stabilize and restructuring boosts core banking earnings.

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11:02 AM | Monday | Jun 8, 2026

Big Banks Eye Tokenized Deposits as Stablecoin Competition Heats Up

Zacks Investment Research

Major banks like JPM, BAC, C and WFC plan a tokenized deposit network by 2027, aiming to counter stablecoins with blockchain-based, 24/7 payments.

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