Your email has been successfully added to our mailing list.

×
0 0 0 0.00118782479584259 0.00163325909428358 0 0.00193021529324418 0.000148478099480192
Stock impact report

Cartel charges may mean share sales will become more difficult in Australia [Reuters]

Citigroup, Inc. (C) 
Last citigroup, inc. earnings: 4/15 08:00 am Check Earnings Report
US:NYSE Investor Relations: citigroup.com/citi/investor/pres.htm
Company Research Source: Reuters
Cartel charges may mean share sales will become more difficult in Australia | Reuters 6 Min Read SYDNEY (Reuters) - An Australian regulator’s criminal cartel lawsuit against the local heads of Citigroup Inc ( C.N ) and Deutsche Bank AG ( DBKGn.DE ) may make it harder for companies to raise capital through share sales here, according to interviews with more than a dozen people at investment banks and brokers. A $20 billion industry has been built around broking houses who arrange and sometimes keep the shortfalls of share sales in Australia, but participants say they have been left reeling by the prospect that the job they have considered routine for decades could open them up to criminal charges. The prosecution of six bankers and their employers over a troubled 2015 sale of A$2.5 billion ($1.84 billion) of shares in Australia and New Zealand Bank ( ANZ.AX ) hasn’t had its first court date yet. Brokers, though, said they already fear it will prevent them from sharing risk by joi Show less Read more
Impact Snapshot
Event Time:
C
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for C alerts
Opt-in for
C alerts

from News Quantified
Opt-in for
C alerts

from News Quantified