Citigroup's performance has seen a variety of shifts and moves among investment institutions. Shares of Citigroup have been bought by a number of entities, including
Amundi,
Hayek Kallen Investment Management, and
Dark Forest Capital Management. Conversely, the bank's shares have been sold by
First Manhattan CO. LLC and
EJF Capital LLC. Citigroup has also entered a significant wealth deal with BlackRock, outsourcing $80 billion of assets. The company is considering custody and payment services for
stablecoins and
crypto ETFs. There have been turnaround efforts led by the banking head, leading to more cooperation and deals. Despite a number of positive moves, Citigroup's stock has seen a decline, which has led to some investors questioning if now is the right time to purchase. The company unveiled AI-powered tools to enhance client communications, indicating a push towards digital innovation. In other developments, Citigroup lowered Dollar Tree's price target, downgraded Academy Sports and Outdoor's rating to Neutral, and increased Alibaba Group's price target. Citigroup’s earnings, driven by higher NII, showed improved profitability.
Citigroup Stocks News Analytics from Mon, 10 Mar 2025 07:00:00 GMT to Sat, 06 Sep 2025 15:36:45 GMT -
Rating 0
- Innovation 2
- Information 8
- Rumor -4
