UniCredit Tapped Citigroup for Commerzbank Hedges Last Month [Yahoo! Finance]
Citigroup, Inc. (C)
Last citigroup, inc. earnings: 4/15 08:00 am
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Source: Yahoo! Finance
(Bloomberg) -- UniCredit SpA worked with Citigroup Inc. to hedge part of last month's stake increase in Commerzbank AG, people with knowledge of the matter said. Most Read from Bloomberg Is This Weird Dome the Future of Watching Sports? NYPD Seeking Gunmen After 10 People Wounded Outside Queens Venue Detroit's Michigan Central Is the Building Revival Story of 2024 Burned Out Parents Need Better Public Spaces A Commuting Resolution for 2025: Ride Your Local Subway or Bus Citigroup holds 5.1% voting rights in Commerzbank through financial instruments after trades that took place on Dec. 20, according to a regulatory disclosure this week. The US bank's derivative interest relates to some of the additional stake that UniCredit revealed last month, the people said, asking not to be identified because the information is private. UniCredit said last month it had increased its holding in the German lender to about 28%, up from a previous level of 21%. The bank added that the
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C
Earnings
- 10/16/24 - Beat
C
Sec Filings
- 1/6/25 - Form 424B2
- 1/6/25 - Form 424B3
- 1/6/25 - Form 424B2
- C's page on the SEC website