Citigroup, Inc. (NYSE:C)’s Market Infrastructure Risk Heat Map


Dallas, Texas 07/30/2013 (Financialstrend) – Citigroup, Inc. (NYSE:C) recently introduced Market Infrastructure Risk Heat Map (“Risk Map”) which will give comprehensive risk evaluations for each market in Citi’s global network for the intermediary clients and investors, this Risk Heat Map (“Risk Map”) which is the latest version of Citi’s Network 3.0 program allows investors a easy and quick access to market infrastructure risk across multiple attribute, it provides a quantitative evaluation of market infrastructure risk for opening, asset servicing, taxation, cash management, safekeeping and account structure through an analysis of 65 key metrics in 95 countries by Citi’s on-the-ground experts.

Citi Commercial Bank and Citi Microfinance yesterday announced its financing of US$2,000,000 to support the KickStart International, which is a  non-profit social enterprise involved in manufacturing, designing and selling high quality irrigation pump with low-cost for farmers across Sub-Saharan Africa. Earlier the financing company expanded to emerging markets along with several companies involved in financial service to expand their activities due to global financial crisis to give an effective diversification of portfolio, following this several analyst gave positive view about the company.

Citigroup, Inc. (NYSE:C) had moved on to close at $51.64 per share on Monday, which was measured to be a decrease of 1.09% over the previous closing price of the stock. The company had been moving between the range of $51.30 as low intraday price and $51.95 as high intraday price. The 52 week low for the stock is at $26.0 per share and 52 week high is at $53.36 per share. With 3.04 million shares in the market, there is 69% of institutional ownership and $157.04 billion of market cap value for the stock. The company had presented a trading volume of 16.33 million shares on Monday and the average level is at 30.83 million shares per day.