Citi Financial News

30.06 / 09:49

Citi Target Apple AAPL Apple set for historic push above $3 trillion after Citi's new Street-high target

Apple (NASDAQ:AAPL) shares are indicated 0.7% higher in pre-market Friday, which would push the company’s market valuation above $3 trillion.

30.06 / 09:49

Citi Mercedes-Benz Daimler Daimler Truck sees multi-million euros in storm damage at plant

(Reuters) — A severe storm that hit a Mercedes-Benz plant in the central German city of Kassel last week is estimated to have caused damage in the mid-double-digit-million euro range, said Daimler (OTC:MBGAF) Truck in a statement on Friday.

30.06 / 09:49

COST UPS Citi Target Apple NVIDIA analyst 4 big analyst picks: Citi bullish on Apple, sees 30% upside

Here is your Pro Recap of the biggest analyst picks you may have missed since yesterday: Initiation at Apple, upgrades at NVIDIA, Carnival, and Frontline.

30.06 / 06:47

UPS Citi Provident Digital Chinese Firms Using Digital Yuan to Pay Electricity Bills

Energy providers in China are adding digital yuan payment options, allowing companies and individuals to settle their bills in the nation’s central bank digital currency (CBDC).

29.06 / 16:55

UPS Citi Provident Digital Citizens digital euro Slovakia Significantly Lowers Crypto Tax Rates Amid Digital Euro Fears

The deputies of Slovakia's National Council, the country's legislative body, voted on June 28 to endorse an amendment that will reduce the taxation of cryptocurrencies in the country.

29.06 / 14:09

COST Citi Career CEO Dreams Discover Hallmark 3 reasons it can be smarter to rent, even if you can afford to buy

Have the money to buy a home? If you follow through, it may not be money well spent.

29.06 / 13:51

Citi Provident Target Binance Digital Bitcoin Swiss expansion services Swiss Private Bank Julius Baer Targets Dubai for Expansion of Crypto Wealth Services

Swiss private banking giant Julius Baer Group, that began offering Bitcoin and other crypto services to wealthy clients in May last year, is now expanding its crypto presence in Dubai.

29.06 / 13:17

Citi Waters Sir Adrian Montague slated to become Thames Water chair

Sir Adrian Montague is set to be named the next chair of Thames Water.

29.06 / 09:27

Blockchain Citi Waves FIVE Digital Platform Action China's Shanghai Unveils Action Plan to Forge a New Path in the Metaverse Tourism Industry

Shanghai has taken a significant step in the realm of metaverse tourism with the release of the «Shanghai Action Plan for Creating a New Path in Metaverse Tourism (2023-2025)». The plan, unveiled by the Shanghai Municipal Bureau of Culture and Tourism, outlines the city's strategic focus on five key areas to propel the development of metaverse tourism in the coming years.

28.06 / 23:19

UPS Citi Waters How an ESG degree in the metaverse helped me become EY’s global sustainability exec

The City has been quick to embrace the metaverse, with some of the biggest banks, asset managers and law firms snapping up real estate in the virtual reality environment.

28.06 / 00:03

UPS Citi Action Fighting FCA staff morale jumps after pay dispute but leadership questions linger

Staff at the Financial Conduct Authority have cheered up after last year's fractious pay dispute, but questions remain over leadership and pay at the City watchdog.

27.06 / 12:11

Citi JPMorgan Citigroup HSBC FLEX Fintech Files: StanChart’s crypto boss prefers remote working, AI’s potential to upend finance

There's a battle going on among City firms over the great work-from-who-knows-where's-best debate. On the one hand, the post-pandemic embrace of hybrid working has resulted in under-used office space. Global lender HSBC saw the writing on the wall and already signalled in 2021 a shift to trim office space, and giving staff the flex they wanted.

27.06 / 08:59

Blockchain Citi Digital Manufacturing Action Strategy BAY China's Shanghai Prioritizes Blockchain, Web3.0, and Metaverse in Three-Year Manufacturing Development Plan

Shanghai, a front-runner in the deployment of emerging technologies in China, has recently announced its ambitious «Three-Year Action Plan for Promoting High-Quality Development of Manufacturing (2023-2025).» This strategic initiative was revealed by the Shanghai Municipal Government Office, highlighting the city's commitment to accelerating the development of its digital economy with a focus on Blockchain, Web3.0, and the Metaverse.

27.06 / 08:59

Citi Platform Strategy Align Future Financial Driving Web3 Innovation: Hong Kong’s Commitment Towards Tech-Led Future Unveiled by the Financial Secretary

In a recent blog post, Hong Kong's Financial Secretary celebrated Father's Day while also sharing the government's significant efforts in stimulating innovative technological development. The official highlighted that since the establishment of the Innovation and Technology Bureau (now the Innovation, Technology, and Industrial Bureau) in 2015, nearly HKD 200 billion has been invested to bolster technological innovation.

26.06 / 18:31

Citi BTC Twitter FIVE Coindesk Southern Bitcoin 2020 Twitter Hack 2020 Twitter Hack Mastermind Gets Five-Year Sentence for Crypto Theft

A culprit in the infamous 2020 Twitter hack who phished thousands of dollars in Bitcoin from Twitter users has been sentenced to five years in prison for his crime, as well as for a separate SIM swapping scheme.

26.06 / 07:37

Citi MET Waters LGIM’s Michelle Scrimgeour on why ‘knowing who is playing what role’ matters in a crisis

“Don’t forget to water those plants!” writes Michelle Scrimgeour in a follow-up message, shortly after we’ve met at the City offices of Legal & General Investment Management.

25.06 / 23:25

Citi MET Waters L&G IM’s Michelle Scrimgeour on why ‘knowing who is playing what role’ matters in a crisis

“Don’t forget to water those plants!” writes Michelle Scrimgeour in a follow-up message, shortly after we’ve met at the City offices of Legal & General Investment Management.

23.06 / 07:29

Citi Unused City offices could soon become hotels and galleries

The City of London is on a mission to turn offices left dormant after the pandemic into hotels, galleries and more.

23.06 / 06:47

Citi Digital Google CEO Platform Parke Check out this $110 million tech campus being built in Lithuania — the largest in Europe

Lithuania is building a huge tech campus — Europe's largest — in the capital of Vilnius, as it looks to become the new tech capital of the Baltics.

23.06 / 06:15

Citi Provident BTC Adoption Dreams Work Underway on El Salvador’s ‘Bitcoin City Airport’

El Salvador has broken ground on the construction of an airport for its Bitcoin City project.

23.06 / 00:51

Citi CEO Raymond James CEO rules out dealmaker layoffs in UK push: ‘It’s taken us so long to find them, why would we cut?’

Raymond James’ chief executive has ruled out layoffs in its UK investment bank and is looking to bolster its team in the City as many larger rivals have scaled back.

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