Citigroup Plunges 3.48% Amid Market Volatility

On April 10, 2025, Citigroup's stock experienced a significant drop of 3.48% in pre-market trading, reflecting investor concerns and market volatility.

Citigroup's global wealth management division, led by Andy Sieg, has cautioned high net worth clients to avoid impulsive bottom-fishing in the midst of global market turbulence. Despite the market potentially having weathered its most severe shocks, Citigroup advises clients to remain prudent in the face of extreme market fluctuations.

In a strategic move, Citigroup has signed a memorandum of understanding with Vietnam Airlines, pledging over $5.6 billion in financial support for the airline's strategic investment plans. This initiative aims to bolster Vietnam Airlines' operational capabilities and expand its international route network. Additionally, Citigroup will offer strategic consulting services to help Vietnam Airlines establish a robust financial framework, ensuring efficient investment and effective risk management.