Citigroup Inc. (C), the lender whose credit rating was cut by Moody's Investors Service to the lowest since its 1998 creation, led Wall Street banks in dismissing downgrades and urged investors to seek alternative analyses.
Citigroup Inc. is a global diversified financial services holding company whose businesses provide consumers, corporations, governments and institutions with a broad range of financial products and services.
Citigroup Inc. (NYSE:C) has an unparalleled global footprint, coupled with a strong and growing capital base. Its renewed focus on reducing costs and improving efficiency to self-fund new investments has proved to be very productive.
Citigroup, ranked third by assets among U.S. lenders, relies on developing nations for more than half its profit as Chief Executive Officer Vikram Pandit pushes deeper into regions such as Latin America and Asia.
As a result of the triggering of the "regulatory capital event," three firms have announced the special redemption of some of their TruPs: Citigroup (NYSE:C), JPMorgan Chase (NYSE:JPM) and SunTrust (NYSE:STI). BottomLine: Of these three issuers ...
Citigroup (NYSE:C) is a perfect stock to game for such a thing, as it is an international bank and gets slammed or buoyed alongside European banks AND is liquid in the options market, which is straight where we are headed of course.