SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G* (Rule 13d-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b), (c), AND (d) AND AMENDMENTS THERETO FILED ...
(Bloomberg) -- Citigroup Inc.'s loss on a surge in the Swiss franc this month was exacerbated by the bank's decision to let protections against currency swings lapse a week earlier, according to people with knowledge of the situation.
Senior Analyst Jim Sinegal of Morningstar says that Citigroup Inc (C) is an attractive, undervalued stock right now that will have a lot more investor interest once it boosts its dividend and payout capital and continues its exposure to developing markets.
As of June 2014, the last date for which data was available, JPMorgan Chase, Citigroup, and Bank of America, respectively, had $68, $61 and $37 trillion of derivatives contracts on their balance sheets.
Citigroup Inc. reaffirmed their buy rating on shares of KeyCorp (NYSE:KEY) in a report issued on Tuesday. They currently have a $16.00 target price on the stock, up from their previous target price of $15.00.