New Zealand has warned Citigroup's local unit over a breach of international payments rule. Citigroup has closed its municipal underwriting and market-making unit, as well as its municipal bond business. Additionally, Citi's Mexico unit is set to split off by late 2024. The closure of Citi's muni bond business has been seen as a significant event, with some referring to it as the end of an era.
CT planning to sell $840mn of bonds in one of the largest muni offerings
“Citi Shuts Muni Business that Once was the Envy of Rivals” The end of Liar’s Poker
Citi to muniland: drop dead. https://t.co/92qEZGOY8l
SPAM-MED: *CITI TO SHUT DOWN MUNI BUSINESS THAT ONCE WAS ENVY OF RIVALS* | @markets | Value destruction continues
The fall of Citi's muni bond business should be a B-school case study.
Citi's Mexico unit set to split off by late 2024 -local media https://t.co/oohLi9oqot https://t.co/AqVtmwcLVM
Citigroup closes municipal underwriting and market-making unit- memo https://t.co/7yEaWjpWG9 https://t.co/VyBFhrdvfY
$C Citigroup is closing its municipal bond business
Citigroup closes municipal underwriting and market-making unit- memo https://t.co/zaSWatuRCH https://t.co/7IWQb4KDIX
Citigroup closes municipal underwriting and market-making unit- memo https://t.co/2Nocnfm14e https://t.co/ManIIctc2l
#Citi shuts down #muni biz $C https://t.co/24vRmChr2I
CITI TO SHUT DOWN MUNI BUSINESS THAT ONCE WAS ENVY OF RIVALS Just in time for mortgage rates to slide
Citi Shuts Muni Business That Once Was Envy of Rivals https://t.co/QEDj8JOMvf
Citi Shuts Muni Bond Business That Once Was Envy of Rivals https://t.co/ygERdQovzF
Breaking: Citigroup shuts down muni bond business, as a part of their cost cutting initiatives
🔴 CITI TO CLOSE MUNICIPAL BUSINESS FORMERLY ENVIED BY RIVALS
New Zealand https://t.co/R0iPhyo5p7 warns Citi's local unit over breach of international payments rule https://t.co/HcQubRGcO1 https://t.co/sl5CnYuR7Y
New Zealand https://t.co/R0iPhyo5p7 warns Citi's local unit over breach of international payments rule https://t.co/K6fkCPYfqV https://t.co/TIlYIcLgWs