AXQ Capital LP increased its stake in shares of Citigroup Inc. (NYSE:C - Free Report) by 62.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 26,215 shares of the company

C ramps up buybacks and dividends as excess capital, stronger earnings and business simplification support aggressive returns.

In recent days, Citigroup Inc. has launched a series of senior unsecured callable notes across multiple maturities, including fixed, floating-rate, and zero-coupon issues, while also completing several smaller bond offerings and facing a £4.7 million fine for past Russian sanctions breaches at its London branch. At the same time, Citi is expanding its role in next-generation payments through live blockchain-based Swift transactions and participation in a planned global bank-backed USD...

The UK has fined Citigroup Inc’s local business more than £4.7 million (RM25.63 million) for handling hundreds of transactions in breach of sanctions against Russia.

Northwestern Mutual Wealth Management Co. cut its holdings in Citigroup Inc. (NYSE:C - Free Report) by 14.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 637,555 shares of