UPDATE 1-Citi expects privatization to bolster revenue in Brazil [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
UPDATE 1-Citi expects privatization to bolster revenue in Brazil | Reuters 2 Min Read (Recasts, adds CEO quotes) By Carolina Mandl and Tatiana Bautzer SAO PAULO, Feb 18 (Reuters) - Citigroup Inc expects to boost annual revenue in Brazil over the next years by advising potential public asset sales and through a revival in capital markets, its chief executive officer in Brazil told journalists on Monday. Marcelo Marangon said Citi expects its annual revenue in Brazil to grow to $1.5 billion from $1.1 billion over the next years. He did not specify a timeframe for the goal. Bankers of Citi’s Brazilian investment banking division are already targeting the largest asset sales and planning to vie for mandates in the transactions. The fastest government asset sales should be of stakes held by state-owned banks, such as development bank BNDES and Caixa Economica Federal, in publicly listed companies. BNDESPar, the holding company owned by BNDES, owns stakes in power companies such as Centrais
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
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
C alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
C alerts
High impacting Citigroup, Inc. news events
Weekly update
A roundup of the hottest topics
C
News
- SessionGuardian Establishes Strategic Advisory Board with Exceptional Industry Leaders [Yahoo! Finance]Yahoo! Finance
- Citigroup Announces C$56.782 Million Redemption of 5.160% Fixed Rate / Floating Rate Subordinated Notes due 2027Business Wire
- Wall Street 'Partner' Like KFC's Colonel, Centerview Judge Says [BNN Bloomberg (Canada)]BNN Bloomberg
- Brazil's Eletrobras Gets Bondholders' OK to Sell Cteep Stake [BNN Bloomberg (Canada)]BNN Bloomberg
- Lufax Announces Annual General Meeting on May 30, 2024 and Filing of Its Annual Report on Form 20-F [Yahoo! Finance]Yahoo! Finance
C
Earnings
- 4/12/24 - Beat
C
Sec Filings
- 4/24/24 - Form 424B2
- 4/24/24 - Form 424B2
- 4/24/24 - Form 424B2
- C's page on the SEC website