Link between information and money

Citigroup cut its 3rd-quarter results (reported Oct. 14) due to higher legal fees and “‘very recent communications with certain regulatory agencies.'”

“Legal Shadow Falls Over Citi,” Wall Street Journal, October 31, 2014 C8. $6.4 billion in litigation expense already this year.  That’s a lot.

Not much detail in the “very recent communications” or “certain regulatory agencies.”  Doesn’t uncertainty lead to downside pressure on stock values?  How clearly do you communicate with the market?

Leave a comment

Filed under Board, Compliance, Data quality, Inform market, Inform shareholders, Investor relations, Risk

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s