Could Carbon Markets be approaching a Trillion-Dollar Valuation?

One of the most highly sought-after investment themes since the tech boom in the late 90s might be a sector to which very few people are currently paying attention. It’s an asset class that has grown to nearly a trillion-dollar valuation in the past five years (according to Refinitiv) and until now has mainly been […]

Citigroup Inc (NYSE:C) Could End Penny Dividend In Two Years

Boston, MA 12/18/2013 (wallstreetpr) – Citigroup Inc (NYSE:C), the third largest bank in the U.S. by assets, has been stabilizing its balance sheet since it survived the financial crisis. In the process, the bank has been reasonably mean in dividend payout. In the past few years, the bank has been cleaning its excesses while shoring […]

Citigroup Inc (NYSE:C) Adds A Wealthy Director To Its Board – BAC, JPM

Boston, MA 12/12/2013 (wallstreetpr) – Citigroup Inc (NYSE:C) has announced the inclusion of Duncan Hennes to its board of directors. There could be several factors which promoted the bank’s chairman Mike O’Neill to get Hennes into his company’s board, but what can clearly be seen is that Hennes brings a wealth of knowledge in risk […]

Year-To-Date, Bank of America Corp (NYSE:BAC) Is The Performance Leader – JPM, C

Boston, MA 11/28/2013 (wallstreetpr) – Bank of America Corp (NYSE:BAC) operates in recovering financial environment. But even in this environment, the bank is doing greatly in several fronts compared to its peers that make the cluster of the largest banks in the U.S. by asset value.  Looking at the valuation, the BAC comes ahead of JPMorgan […]

Citigroup Inc (NYSE:C) Executive Takes Reign At S&P Rating Services

Boston, MA 11/26/2013 (wallstreetpr) – A long-servicing executive at Citigroup Inc (NYSE:C) has been tapped to lead the Standard & Poor’s rating services unit. Neeraj Sahai takes over from Douglas Peterson. He joined C in 1984 working in various capacities at the U.S. third largest bank in asset base. He was at one point the bank’s […]

Citigroup Inc (NYSE:C) Offers Servicing On Mortgages Worth $63 Billion

Boston, MA 10/30/2013 (wallstreetpr) – Mortgage servicing rights commonly known as MSR is a deal between the main lender (Citigroup, in this case) and another third party firm where the lender authorizes the firm to for collection mortgages, deduct the taxes and forward the interest and principal to the lender. $63 billion worth such mortgage servicing […]

Citigroup Inc (NYSE:C) Launches Loyalty Reward For Cardmembers

Boston, MA 10/23/2013 (wallstreetpr) – In an apparent attempt to reward loyal customers and perhaps boost its performance in the industry, Citigroup Inc (NYSE:C) has launched a unique yet very ambitious points-earning avenue for its Citi ThanYou Premier cardmembers. It goes that for spending on entertainment and restaurants, the cardmember earns three of what is called ThanYou […]

Citigroup Inc (NYSE:C) Declares An Unspectacular Third Quarter Result

Boston, MA 10/21/2013 (wallstreetpr) – Third largest American bank and diversified global financial services company Citigroup Inc (NYSE:C) has come out with its latest quarterly results for three months ending 30 September, 2013. And considering the current global economic scenario, the results can least be referred to as quite decent if not spectacular. Against a consensus estimate […]

Citigroup Inc (NYSE:C) What To See In Its 3rd Quarter 2013 Results

Boston, MA 10/16/2013 (wallstreetpr) – The bank had recently announced an EPS of $1.00 which is rather not bad. Investors had already factored a fall in the capital markets which were expected to take a hit on the earnings of the bank. However, the bank was able to offset the same by improving on the efficient […]

Citigroup Inc (NYSE:C) Rethinks Policies To Combat U.S Debt Default

Boston, MA 10/15/2013 (wallstreetpr) – Citigroup Inc (NYSE:C) is preparing to combat the possible U.S. debt default.  It has been looking for means to put on hold the exploitation of short term treasury bills which would be due in a short time in the form of collaterals. Government securities which are currently been used as collaterals […]

Barbara Desoer to join Citigroup Inc (NYSE:C)

Boston, MA 10/14/2013 (wallstreetpr) – Citigroup Inc (NYSE:C) has confirmed that Barbara Desoer who was formerly in charge of the home mortgage division at rival Bank of America, will be joining their ranks as chief operating officer for Citibank NA. Citibank NA is the legal division of Citigroup Inc (NYSE:C) which is currently ranked as the third […]

Citigroup (NYSE:C) May Face Higher Obstacle as Fed Adds Test – C, BAC, JPM, WFC, KEY

The Federal Reserve distorted its annual set of tests for the 30 biggest U.S. banks to incorporate the risk of a larger plunge in Asia; somewhere Citigroup Inc. (NYSE:C) has a larger presence then rivals. The Fed declared in a statement, slumps in the euro area, the U.K. and Japan are characteristics of the Fed’s […]