Citigroup’s net profit for the nine months fell twice

News

Citigroup’s net profit for the nine months fell twice

16.10.2020 News

Net profit of one of the largest financial corporations in the world Citigroup Inc. in January-September 2020 fell twice, compared to the same period in 2019 to $ 7.068 billion, follows from the reporting of the corporation.

Adjusted earnings per share were $ 2.97 against $ 5.89 a year earlier. The financial giant’s revenue for the reporting period increased by 3% to $ 57.799 billion.

Other articles

  • Вартість Airbnb подвоївся в перший день торгів і перевищив $100 млрд
    News

    Вартість Airbnb подвоївся в перший день торгів і перевищив $100 млрд

    Акції сервісу оренди житла Airbnb в перший день після IPO на біржі NASDAQ росли на 142,6%, до $165 при ціні розміщення в $68 за папір. Ринкова вартість компанії перевищувала $109 млрд, випливає з даних торгів. Зростання скоректувалося до $148 за папір (плюс 117%) Компанія провела IPO в середу, 9 грудня. В ході лістингу Airbnb залучила […]

  • Airbnb виходить на біржу
    News

    Airbnb виходить на біржу

    Акції Airbnb (ABNB) почнуть торгуватися на NASDAQ у четвер, 10 грудня. Розміщення точно стане рекордним для 2020 року одному з показників. Це число андеррайтерів – їх буде 37. Армія інвестбанків включає Morgan Stanley, Goldman Sachs, BNP Paribas, Bank of America, Citigroup, Credit Suisse, Deutsche Bank і ще багатьох інших. Навіщо стільки? Адже розміщення – велике, […]

  • Citigroup predicted the dollar to fall by 20% next year
    News

    Citigroup predicted the dollar to fall by 20% next year

    If coronavirus vaccines become widely available and help restore international trade and economic growth, the dollar is likely to fall by 20% in 2021. Bloomberg reports that this forecast was made by Citigroup Bank. If the forecast comes true, it will be a record drop since 1985, when the DXY index fell by 18.5% over […]

  • Fintech’s subsidiary Alibaba has aimed for the largest IPO in history
    News

    Fintech’s subsidiary Alibaba has aimed for the largest IPO in history

    A subsidiary of Alibaba Group – Ant Group – plans to attract $ 35 billion in the course on the Shanghai and the Hong Kong exchange. This was reported by Bloomberg. The IPO could be the largest in history, the agency emphasizes. The previous record holder, Saudi oil company Aramco, raised $ 29.4 billion. The […]

  • Абу-Дабі розмістив три транші облігацій на загальну суму $5 млрд
    News

    Абу-Дабі розмістив три транші облігацій на загальну суму $5 млрд

    Боргові папери з терміном обігу три роки на $2 млрд були розміщені з премією 65 базисних пунктів (б.п.) до US Treasuries, 10-річні бонди на $1,5 млрд – з премією 105 базисних пунктів. Також інвесторам були запропоновані 50-річні облігації, обсяг цього траншу склав $1,5 млрд, прибутковість – 2,7%. Організаторами угоди виступили Citigroup, Deutsche Bank AG, First […]

  • Чистий прибуток Goldman Sachs в I півріччі знизився на 23%
    News

    Чистий прибуток Goldman Sachs в I півріччі знизився на 23%

    Чистий прибуток американського банківського гіганта Goldman Sachs Group Inc., що припадає на акціонерів, в першому півріччі 2020 року скоротився на 23% в порівнянні з аналогічним показником минулого року і склав 3,37 мільярда доларів, випливає з звітності банку. Скоригований чистий прибуток на акцію склав 9,36 долара проти 11,52 долара роком раніше. Виручка банку за звітний період […]

  • SoftBank планує продати акції T-Mobile
    News

    SoftBank планує продати акції T-Mobile

    Продаж є частиною плану засновника і генерального директора Softbank Масаесі Сона щодо зниження важкого боргового навантаження компанії і накопичення грошових коштів, оскільки пандемія коронавірусу загрожує обсягами його глобального технологічного портфеля. «З огляду на побоювання з приводу другої і навіть третьої хвилі поширення COVID-19, група SoftBank вважає, що нам необхідно додатково нарощувати грошові резерви», – йдеться […]

Read also

Citigroup’s net profit for the nine months fell twice
News

Teva received the permission from the Antimonopoly Committee to deal with the Allergan

The Teva Ukraine company is the part of the Teva Corporation, the  leading international pharmaceutical company specializing in the development, manufacture and marketing of generic and original medicines. The Antimonopoly Committee of Ukraine gave the permission for concerted action in the form of fulfillment of the conditions contained in Articles 9.6 and 9.12 of the […]

Next
Citigroup’s net profit for the nine months fell twice
News

Toyota has introduced two cars with autonomous driving

Toyota Motors has introduced two cars Lexus IS and Toyota Mirai with new autonomous driving functions. New Advanced Drive assist technology includes a second-level autonomous system that helps drive the car by restricting the car’s lane, maintaining distance from other vehicles and changing lanes under the supervision of the driver. According to Toyota CEO James […]

Next
Citigroup’s net profit for the nine months fell twice
News

The European Commission has fined X €120 million

The European Commission has fined X €120 million for violating the transparency requirements set out in the Digital Services Act (DSA), according to the Commission’s press service. The company is accused of using a misleading “blue check” design, maintaining a non-transparent advertising repository, and restricting researchers’ access to public data. According to the Commission, X […]

Next
Citigroup’s net profit for the nine months fell twice
News

«Veni, vidi, vici» or proper realization of business strategy

In the 9th year AD, the Roman proconsul Publius Quinctilius Varus returned to the German provinces with three legions to suppress the rebellion of the tribe. He did it successfully three years earlier – but this time, the enemy has decided to change strategy, and the legions were destroyed. Last cry of Varus is known […]

Next
Citigroup’s net profit for the nine months fell twice
News

Pandora Media bought a bankrupt competitor Rdio for $ 75 million

December 23, 2015, the representatives of the largest streaming service in the USA Pandora Media reported that the company absorbed the music service Rdio, which become bankrupt, for $ 75 million. The deal was approved by the judge on the bankruptcy. There were no competing bids for the purchase of service. Pandora now becomes  the […]

Next
Citigroup’s net profit for the nine months fell twice
News

The World Bank has assessed the consequences of the salary increase in Ukraine

The increase of the minimum wage in Ukraine from UAH 5,000 to UAH 6,500 in 2021 may increase the state budget deficit to more than 6% of gross domestic product. This is stated in the economic review of the World Bank. In addition, the increase in the minimum wage will increase the overall need to […]

Next
Citigroup’s net profit for the nine months fell twice
News

AbbVie to Acquire U.S. Biotech Company Apogee for $10.9 Billion

U.S. pharmaceutical giant AbbVie has announced the acquisition of biotechnology company Apogee Therapeutics for $10.9 billion, marking the company’s largest acquisition in more than five years. The deal will strengthen AbbVie’s portfolio of treatments for inflammatory diseases, including atopic dermatitis and asthma. The acquisition is one of the largest biotechnology deals of 2026 and reflects […]

Next
asia pacific
Analytics

APFEC Forum 2016

Asian and Pacific Forum of Economic Cooperation (APFEC) of countries has taken place on 19-20thof November 2016 in Lima (Peru).The key political figures who representing different regions of the world will discuss the prospects of a further cooperation within the two-day meeting. It is especially important against the background of presidential elections in America results. It […]

Next
Citigroup’s net profit for the nine months fell twice
News

Ukrainian Channel 1 + 1 was allowed to broadcast

In the National Council of Ukraine on January 5, 2017 it was a briefing, the participants of which were the chairmen of the regulatory body and in result of which special commissioners of tv chanel got the right to broadcast, according to the source Media Detector. According to Uliana Feshchuk – a deputy head National […]

Next
depositphotos 27724645 m 20151
Analytics

How exists and breathe the agrarian business of Ukraine

If there is a sector in which Ukraine is objectively comparable to the leaders of the world rankings, it is agriculture. According to the «Food» and «Agriculture Organization», Ukraine ranks third in the world by percentage of cropland against the total county’s area. And according to the «National Master»(global statistics portal), Ukraine occupies the 4th […]

Next
Citigroup’s net profit for the nine months fell twice
News

First Permits for Arms Exports Issued

Ukrainian companies have received the first permits to export weapons. This was announced by Rustem Umerov, Secretary of the National Security and Defense Council of Ukraine. He recalled that controlled arms exports are about both national security and the development of Ukraine’s defense industry, opening the door to new security alliances and expanded international partnerships. […]

Next
Citigroup’s net profit for the nine months fell twice
News

Ukraine’s Public Debt Rose by Nearly $4 Billion in June

As of the end of June, the total amount of Ukraine’s public and publicly guaranteed debt reached $184.84 billion, increasing by $3.88 billion over the month. This was reported by the press service of the Ministry of Finance of Ukraine. As of June 30, 2025, Ukraine’s public and publicly guaranteed debt amounted to UAH 7,696.95 […]

Next
Citigroup’s net profit for the nine months fell twice
News

TSMC to Launch Chip Production at Its German Plant in 2027

The world’s largest contract semiconductor manufacturer, TSMC, is making progress on the construction of its new European production complex: the factory in Dresden has officially moved to the main structural building phase. After completing this stage, the company plans to begin installing key infrastructure systems — clean rooms, chemical supply lines, ultra-pure water facilities, and […]

Next
Citigroup’s net profit for the nine months fell twice
News

The Cabinet has announced a list of those who can get help through the lockdown

The Cabinet of Ministers has approved a list of economic activities for which entrepreneurs and employees in the “red” quarantine zones can apply for state aid. This is stated in the resolution №329. The list of types of activities for which sole proprietors and employees can receive eight thousand hryvnias:  Retail trade of motor vehicle […]

Next
Citigroup’s net profit for the nine months fell twice
News

The Court reopened a case on the right of SANOFI for a trademark “SONAFІT”

Last year, the Commercial  Court of Kyiv initiated a suit of the SANOF I company to the State Intellectual Property Service of Ukraine and to the “Kyivmedpreparat”, PJSC about completely voidance of Certificate  of Ukraine on sign for the goods and services № 187104. The object of dispute  has become a “SONAFІT” trademark registered company […]

Next
Citigroup’s net profit for the nine months fell twice
News

Residents of China are ready to abandon the iPhone in favor of WeChat

The vast majority of Chinese people are ready to abandon produced by the American company Apple devices in favor of the application for instant messaging WeChat. A sociological survey of more than 1 million people in China noted, that almost all are willing to renounce the use in everyday life of products produced by Apple. […]

Next
WP2Social Auto Publish Powered By : XYZScripts.com