Citi Financial News

Baird announced that a team of three advisors has joined the firm from Zions Wealth Advisors, where they oversaw more than $500 million in assets under management. Greg Aiken, Ben Blake and Jonathon Bult have joined Baird’swealth management office in Salt Lake City.

The U.S. Department of Justice and an Oklahoma bank have announced a proposed agreement to settle claims that the bank discriminated in lending to Blacks and Hispanics

mercenary chief Yevgeny Prigozhin was killed in a plane crash last week, a farewell service was held for him, a report by news agency AP said on Tuesday citing Wagner spokespeople’s statement. Those who wish to bid their farewell to the 62-year-old mercenary leader should go to the Porokhovskoye cemetery in St. Petersburg, his hometown, the report said citing the statement.

Delhi government on Tuesday issued a notice announcing that all shops in the national capital will have to remain closed from 8 September to 10 September in view of the G20 Summit that will be held in Delhi. The Notice also mentioned that all employees in Delhi be granted ‘paid holidays’ on these days. “All employers of Shops, Commercial and Business Establishments functioning in New Delhi, District of NCT of Delhi shall close their Shops, Commercial and Business Establishments from 08/09/2023 to 10/09/2023 and grant paid holiday to their employees/workers." the notice read.

By Marco Bello and Joseph Ax

Jan Dhan accounts, a truly staggering count of basic banking relationships created by the government in less than a decade under its Pradhan Mantri Jan Dhan Yojana. As finance minister Nirmala Sitharaman said this week, over 55.5% of these bank accounts are held by women. The scheme, she added, stood out as a “pivotal initiative" for financial inclusion.

International Day Against Nuclear Tests is being observed on Tuesday, August 29 across the world. The main aim of observing this day is to increase awareness about the impacts of nuclear tests and nuclear explosions. It also aims to increase awareness about a nuclear-weapon-free world. The U.S.A. is the only country to have used nuclear weapons. It dropped nuclear bombs on the Japanese cities of Nagasaki and Hiroshima during World War II. Though no nuclear weapon has been used since then, many more countries have developed nuclear weapons.

James Blunt is all set to captivate European audiences with his upcoming tour, aptly named the «Who We Used To Be» tour, scheduled to sweep across the continent from February 20 to April 14, 2024. This anticipated musical journey comes in tandem with the impending release of Blunt's eagerly awaited seventh studio album, «Who We Used To Be.»

India house up to 15% of the Indian tech talent pool and can drive 50% cost savings for India's $245 billion technology landscape, said a report released by Deloitte India and Nasscom on Tuesday. This includes regions like Ahmedabad, Chandigarh, Indore, Jaipur, Kochi, Mysuru, Warangal, Hubli, Madurai, Raipur, Guwahati and Vishakhapatnam among others. The report found talent pool costs are 25-30% lower than those in mature hubs, with 50% cost savings in real estate rentals compared with mature hubs. This economic advantage also makes these cities an attractive choice for growth with lower investments demonstrated by over 140 Global Capability Centres (GCCs) located in these places.

“Apartment swap only,” begins the advertisement for renter Adam Reider’s three-bedroom, ground-floor apartment in Montreal’s sought-after Notre-Dame-de-Grâce neighbourhood.The spacious home, which also has access to a private yard, parking and an unfinished basement, is listed at $960 per month on Facebook marketplace. It’s right by the Metro system and provides easy access to downtown.

BEIJING (Reuters) -Some Chinese state-owned banks will soon lower interest rates on existing mortgages, three sources familiar with the matter said on Tuesday, as Beijing ramps up efforts to revive the debt crisis-hit property sector and bolster a sputtering economy.

By Amina Niasse

Mark Ridley Thomas has been sentenced to three years and six months in prison. He has also been ordered to pay a fine of $30,000. The court has asked him to surrender to the law enforcement agency on November 13. He was accused of voting in support of the county contracts favoring the University of South Carolina and it would have benefitted his son.

Times Square gave way early Tuesday, flooding midtown streets and the busy Times Square subway station. The 20-inch (half-meter) water main gave way under 40th Street and Seventh Avenue at 3 a.m., said Rohit Aggarwala, commissioner of New York City's Department of Environmental Protection. It took DEP crews about an hour to find the source of the leak and shut the water off, Aggarwala said. The excavation left «a big hole at the intersection of 40th Street and Seventh Avenue,» he said. While that intersection remained closed to car traffic, surrounding streets were open by rush hour. Subway service, however, was suspended through much of Manhattan on the 1, 2 and 3 lines, which run directly under the broken pipe. Aggarwala said it appeared that only two local businesses were without left without water at the start of the work day.

315Work Avenue has picked up five entire floors with office space spread over 1.62 lakh sq ft in a commercial project Raheja Woods in Pune’s Kalyani Nagar locality through a long-term lease of five years. This deal takes the company’s total office space in the tower to nearly 2 lakh sq ft as it had recently leased 33,000 sq ft here recently. The company has leased the space through its subsidiary 315 Work Avenue Pune Spaces from owner of the property MK Profinlease for monthly rental of nearly Rs 1.32 crore. The lease agreement includes a clause to escalate rentals by 5% after every 12 months. It also includes a lock-in period of 14 months for the licensee 315 Work Avenue, showed the documents accessed through FloorTap.com. “The coworking sector’s impact is poised to amplify in the future, driven by the fundamental transformation work dynamics have undergone which is unlikely to revert.

Putin is not planning to attend the funeral for Yevgeny Prigozhin, the Kremlin said, following reports that the mercenary chief who challenged the Russian leader's authority would be buried Tuesday. Kremlin spokesman Dmitry Peskov wouldn't say where or when the chief of the Wagner Group military company would be buried, adding that he couldn't comment on a private family ceremony. St. Petersburg's Fontanka news outlet and some other media said the 62-year-old Prigozhin could be laid to rest as early as Tuesday at the city's Serafimovskoye cemetery, which has been used for high-profile military burials.

The Norfolk Southern railroad is recovering from a “hardware-related technology outage” that impacted its rail systems Monday, but there may be lingering effects for at least a couple of weeks

By Anna-Catherine Brigida

mein Narendra Modi ke nareti (throat) pe chadhne jaa rahe hain humlog. Narendra Modi ka nareti pakde huye hain hum, hatana hai," the RJD chief said. The upcoming meeting will include discussion about poll strategies and seat sharing in the states.

Amazon has been quietly raising the amount some customers must spend on its site to get free shipping