Citigroup Dismisses Report of Potential US Regional Bank Acquisition ...

US stocks: Citigroup dismisses report of potential US regional bank acquisition

Citigroup has denied a Bloomberg report suggesting it was considering acquiring a U.S. regional bank, stating the speculation is "baseless." The bank emphasized its sole focus remains on organic growth and executing its ongoing transformation strategy. This denial comes as Citigroup works to complete regulatory compliance and improve profitability.

Citi mulls regional bank acquisition to boost deposits - report (C:NYSE)

Citigroup (C) is eyeing a regional bank acquisition to ramp up deposits, with senior leaders having held preliminary discussions in recent months, people familiar with the matter told Bloomberg News.

Citi Eyes Regional Bank Deal as Fraser Gears Up for Next Chapter

Citigroup dismisses report of potential US regional bank acquisition ...

Citigroup Weighs Regional Bank Deal And Gold Clearing Role Undervaluation - Simply Wall St News

Citigroup (NYSE:C) is reported to be exploring the acquisition of a major US regional bank to expand its deposit base and support trading and lending. The bank has publicly stated that no acquisition is planned, while reports indicate early-stage discussions have taken place. Separately, Citigroup is moving toward becoming a clearing member in the core London gold market, using a vault partnership to support precious metals settlement. For inves

Citigroup Denies Considering Acquisition of US Regional Bank or Brokerage

Citigroup reportedly is considering acquiring a major U.S. regional bank or a brokerage, but has denied such plans.