Citigroup, UBS Exit Munis After Market's Profits Plummet by 50% [Yahoo! Finance]
Citigroup, Inc. (C)
Last citigroup, inc. earnings: 4/15 08:00 am
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US:NYSE Investor Relations:
citigroup.com/citi/investor/pres.htm
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Source: Yahoo! Finance
bottom lines, contributing to pullback by major Wall Street firms such as Citigroup Inc. and UBS Group AG. Most Read from Bloomberg At Blackstone's $339 Billion Property Arm, the Honeymoon Is Over CDK Tells Car Dealers Their Systems Will Likely Be Down for Days United Airlines Jet Turns Back After Engine Piece Falls Off Car Dealerships Across US Halt Services After Cyberattack Putin's Hybrid War Opens a Second Front on NATO's Eastern Border Profits for municipal underwriters fell by 30% to 50% from 2005 to 2023, according to a report to be presented next month at the Brookings Institution's municipal finance conference. Researchers analyzed more than 2 million state and local bonds and markups on 12.4 million new issue trades. They found a wider pool of institutional investors and improvements in disclosure have compressed underwriting spreads, or the profit banks make marketing bonds to buyers. They also found that the squeeze was more acute for national underwriters.
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C
News
- 20 Geopolitical Events with Highest Impact on S&P 500 [Yahoo! Finance]Yahoo! Finance
- FRN Variable Rate Fix [Yahoo! Finance]Yahoo! Finance
- Chinese stocks post best week since 2008 after stimulus blitz [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Citi and Apollo Announce $25 Billion Private Credit, Direct Lending ProgramBusiness Wire
- Base Metals Advance as China Vows to Support Property Sector [Yahoo! Finance Canada]Yahoo! Finance Canada
C
Earnings
- 7/12/24 - Beat
C
Sec Filings
- 9/27/24 - Form 424B2
- 9/27/24 - Form 424B2
- 9/27/24 - Form 424B8
- C's page on the SEC website