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Citigroup Inc. Wins Innovation Award

Citigroup Inc. (NYSE:C) has been recognized with the Overall Most Innovative 2012 Monarch Innovation Award.

Citigroup Inc. Wins Innovation Award

CitiDirect BESM Mobile, the new mobile banking platform developed by Citigroup Inc. (NYSE:C) Innovation Lab Dublin, in conjunction with the CitiDirect Online Banking technology team, has been recognized by Barlow Research Associates as the most innovative product.

Naveed Sultan, Global Head of Treasury and Trade Solutions, Citigroup Inc. (NYSE:C) said, “We are very pleased that CitiDirect BE Mobile has been named the Overall Most Innovative service. Utilizing a rapid deployment and leveraging our global footprint, we have been able to quickly provide mobile access to clients across the globe. This win is a testament to our goal of being the world’s digital bank and our continued commitment to bringing innovative and value-added solutions to our clients.”

Citigroup Inc. (NYSE:C) shares were at 33.25 at the end of the last day’s trading. There’s been a 14.3% change in the stock price over the past 3 months.

Citigroup Inc. Wins Innovation Award
Citigroup Inc. (NYSE:C) Analyst Advice
Consensus Opinion: Moderate Buy
Mean recommendation: 1.86
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 1.91
Zack’s Rank: 6 out of 16 in the industry

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