NYSE:CBanks
Citigroup (NYSE:C) Announces Redemption Of US$2 Billion Notes To Enhance Capital Structure
Citigroup (NYSE:C) recently announced the redemption of $2.25 billion in notes due 2026, aligning with its strategy to optimize its capital structure. Despite this focus on financial efficiency, Citigroup's share price declined 4.87% over the last quarter. This decline occurred against a backdrop of broader market pressures, including an overall drop in major indices such as the Dow Jones and S&P 500, driven by investor concerns over economic conditions and tariff debates. Although the...