Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  Citigroup    C

CITIGROUP (C)
My previous session
Most popular
  Report  
Real-time Quote. Real-time Cboe BZX - 01/16 04:14:39 pm
61.87 USD   +0.80%
03:06pGoldman dealmakers shine in Solomon's maiden quarter
RE
02:57pGoldman dealmakers shine in Solomon's maiden quarter
RE
10:37aBofA's loan growth drives better-than-expected profit
RE
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Citigroup : SEC fines Citibank more than $38 million for mishandling ADRs

share with twitter share with LinkedIn share with facebook
share via e-mail
0
11/07/2018 | 01:34pm EST
Commuters walk past a Citibank branch in the Manhattan borough of New York

WASHINGTON (Reuters) - Citibank will pay more than $38 million to the U.S. Securities and Exchange Commission (SEC) for abuse in handling American Depositary Receipts (ADRS), the regulator said in a statement on Wednesday.

The SEC found that Citibank falsely provided U.S. securities that represent foreign shares, or ADRs, to brokers in thousands of premature transactions. Those brokers and customers did not have the actual number of foreign shares to support those ADRs, the SEC statement said.

The bank did not admit or deny the SEC's findings on its practices, but agreed to pay the fine and additional fees related to the abuses.

"We are pleased to have this matter resolved," a Citigroup spokeswoman said.

(Reporting by Katanga Johnson; Adding; Editing by Chizu Nomiyama and David Gregorio)

By Katanga Johnson

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on CITIGROUP
04:02pCITIGROUP : Citi says female employees earn 29 percent less than men
RE
03:06pGoldman dealmakers shine in Solomon's maiden quarter
RE
02:57pGoldman dealmakers shine in Solomon's maiden quarter
RE
10:37aBofA's loan growth drives better-than-expected profit
RE
09:01aCITI : Appointed Sole U.S. Custodian for Indeval´s Global Securities Program (SI..
BU
01/15Citi says chance of delay to Brexit now 'very high'
RE
01/15CITIGROUP : Declares Common Stock Dividend; Citigroup Declares Preferred Dividen..
BU
01/15JPMorgan misses fourth-quarter profit estimates as bond trading slumps
RE
01/15Brexit lures numerous financial institutions to Germany - watchdog
RE
01/15JPMorgan misses fourth-quarter profit estimates as bond trading slumps
RE
More news
Financials ($)
Sales 2019 74 836 M
EBIT 2019 30 972 M
Net income 2019 17 016 M
Debt 2019 -
Yield 2019 3,32%
P/E ratio 2019 7,83
P/E ratio 2020 6,82
Capi. / Sales 2019 1,92x
Capi. / Sales 2020 1,87x
Capitalization 144 B
Chart CITIGROUP
Duration : Period :
Citigroup Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends CITIGROUP
Short TermMid-TermLong Term
TrendsNeutralBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 30
Average target price 75,1 $
Spread / Average Target 27%
EPS Revisions
Managers
NameTitle
Michael Louis Corbat Chief Executive Officer & Director
James Anthony Forese President & CEO-Institutional Clients Group
John C. Dugan Chairman
John C. Gerspach Chief Financial Officer
Anthony M. Santomero Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
CITIGROUP17.90%143 915
JP MORGAN CHASE & COMPANY4.16%335 667
INDUSTRIAL AND COMMERCIAL BANK OF CHINA-1.13%269 697
BANK OF AMERICA7.02%258 800
WELLS FARGO3.45%227 925
CHINA CONSTRUCTION BANK CORPORATION0.16%222 947