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Citigroup Inc. C is moving closer to establishing a wholly owned brokerage business in China, with final regulatory approval potentially coming in September 2026, according to a Reuters report published on MSN. C applied for the brokerage license in 2021, and in May 2026, the China Securities Regulatory Commission (“CSRC”) completed its review, clearing a major regulatory hurdle.
Capital markets momentum is fading in Q3, raising the risk of uneven results for big banks like JPM, GSM BAC, MS and C.
California State Teachers Retirement System boosted its stake in shares of Citigroup Inc. (NYSE: C) by 12,834.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 360,205,535 shares of the company's stock after purchasing an additional 357,420,622 shares
Compass Financial Management LLC acquired a new position in Citigroup Inc. (NYSE: C) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 6,531 shares of the company's stock, valued at approximately $898,000. Several other large investors have also recently modified
Allen Mooney and Barnes Investment Advisors LLC cut its position in Citigroup Inc. (NYSE: C) by 6.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 83,365 shares of the company's stock after selling 5,926 shares during the quarter. Citigroup makes up
Citigroup expects to get regulatory approval for its wholly-owned China brokerage business as soon as this month and plans to add several dozen staff at the unit over the next few months, said two people with knowledge of the matter.
C ramps up buybacks and dividends as excess capital, stronger earnings and business simplification support aggressive returns.
Goldman Sachs wants the Fed to hike again while Citi calls for three cuts starting in October, and the gap between those two forecasts could quietly drain hundreds of dollars a year from your savings account.