Update: Market Chatter: Citigroup Could See Big Hit to Loan Book from Heightened Climate Action
Update: Market Chatter: Citigroup Could See Big Hit to Loan Book from Heightened Climate Action
| Ticker |
C
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| CIK | 0000831001 |
| SIC | 6021 |
| Sector | Finance, Insurance, And Real Estate |
| Industry Category | Banking |
| Industry Group | National Commercial Banks |
| Address | 388 GREENWICH STREET, NEW YORK, NY, 10013 |
| Website | citigroup.com |
| Phone | 2125591000 |
| CEO | Jane N. Fraser |
| Employees | 240,000 |
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Standardized FinancialsdocsIntrinio provides professional-grade historical financial data. This data is standardized, cleansed and verified to ensure the highest quality data sourced directly from the XBRL financial statements. The primary purpose of standardized financials are to facilitate comparability across a single company’s fundamentals and across all companies fundamentals. For example, it is possible to compare total revenues between two companies as of a certain point in time, or within a single company across multiple time periods. This is not possible using the as reported financial statements because of the inherent complexity of reporting standards. Below is a preview of several data points from each financial statement, as well as a sample of our many calculated metrics: |
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Latest NewsdocsIntrinio provides up-to-date news articles on every US company from various sources. Here are several examples: |
Update: Market Chatter: Citigroup Could See Big Hit to Loan Book from Heightened Climate ActionUpdate: Market Chatter: Citigroup Could See Big Hit to Loan Book from Heightened Climate Action Citigroup's VC arm invests in API security startup TraceableIn 2017, Jyoti Bansal co-founded San Francisco-based security company Traceable alongside Sanjay Nagaraj, a former investor. With Traceable, Bansal -- who previously co-launched app performance management startup AppDynamics, acquired by Cisco in 2017 -- sought to build a platform to protect customers' APIs from cyberattacks. Attacks on APIs -- the sets of protocols that establish how platforms, apps and services communicate -- are on the rise. API attacks affected nearly one-quarter of organiza Update: Market Chatter: Citigroup Could See Big Hit to Loan Book From Heightened Climate ActionUpdate: Market Chatter: Citigroup Could See Big Hit to Loan Book From Heightened Climate Action Citi Banker Exits After Firm Probed Treatment of Junior Staffer(Bloomberg) -- Edward Ruff has departed Citigroup Inc. after the firm put the senior dealmaker on leave while it was investigating his treatment of a junior banker, according to a person familiar with the matter. Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastTesla Axes Supercharger Team in Blow to Broader EV MarketNYPD Arrests Over 300 Protesters in Crackdown on College CampusesThe Ozempic Effect: How a Weight Loss Wonder Drug Gobbled Up an Entire EconomyLil Exclusive-Citigroup sees loan book hit in climate action ramp-up, document showsNEW YORK/WASHINGTON (Reuters) -Citigroup could suffer billions of dollars of losses in its loan book if the world sped up efforts to tackle climate change, according to a confidential analysis prepared by the U.S. bank that was reviewed by Reuters. The analysis was drafted by Citigroup last summer as it prepared to make a submission to the Federal Reserve on how it plans to manage the impacts of climate change. Five other major U.S. banks were also required to make confidential submissions using the same instructions from the Fed. |