Citi Financial News
22.06 / 06:45
21.06 / 23:29
Citi
Lawyers
City firms call lawyers over moral minefield after Odey: ‘Is watching strippers an appropriate use of lunchtime?’
City firms are increasingly calling in legal experts as they attempt to navigate a minefield of issues around sexual misconduct and bullying.
21.06 / 23:29
Citi
City firms risk losing LGBTQ+ talent over diversity failures
City firms risk losing out on LGBTQ+ talent if they fail to walk the talk on diversity.
21.06 / 11:39
UPS
Citi
Bank of England: Halving fines will make more rogues come forward
The Bank of England has defended proposals to halve fines if City firms admit rule breaches early, arguing they will make more rogues come forward.
21.06 / 09:59
Blockchain
UPS
Citi
Platform
BNI
Swift steps up blockchain experimentation
The fresh initiative follows a proof-of-concept conducted with Chainlink last year on the development of a Cross-Chain Interoperability Protocol (CCIP) that would connect Swift to multiple blockchain networks. Tom Zschach chief innovation officer, Swift, says there’s unlikely to be a single prevailing blockchain network.
20.06 / 16:09
UPS
Citi
Shadow City minister: UK listings drought ‘should concern all of us’
Labour’s shadow City minister has said the flurry of companies fleeing the UK to pursue listings in the US should be a “concern” for the City of London, as the party continues to set out its stall for financial services ahead of the next general election.
20.06 / 12:15
20.06 / 06:43
UPS
Citi
Digital
Mobile
Metro
Pilots
Power
network
China Pilots Power- and Network-free CBDC Metro Payments
The Chinese city of Quingdao will pilot an electricity- and network-free digital yuan public transport payments solution, marking another national first for the central bank digital currency (CBDC).
19.06 / 11:03
Citi
BLOCK
FCA puts block on payouts to Odey bosses
The Financial Conduct Authority has banned Odey Asset Management from giving "unusual or significant" payouts to its bosses as sexual allegations against its founder continue to rock the prominent City hedge fund.
18.06 / 23:43
Citi
FIVE
FN Legal Leaders: ‘Reports of London’s demise are premature’
The UK is the second-largest legal market in the world — and London, home to five of the top 20 law firms by revenue globally, is the jewel in its crown.
18.06 / 23:43
Citi
Target
Climate activism in the City prompts rise in bodyguard demand
City firms are bolstering personal security for senior executives as a rise in climate activism leads to increased demand for corporate bodyguards and specialist protection.
16.06 / 20:21
UPS
Citi
Binance
regulation
coinbase
Gemini
Is the US's Crypto Crackdown a Blessing in Disguise for Other Nations?
The regulatory crackdown on crypto in the US could prove to be just what is needed for the industry to thrive elsewhere, a recent Wall Street Journal article has indicated.
16.06 / 13:43
Citi
City reacts to Odey scandal: ‘It’s about time’ a light was shone on toxic behaviour
The scandal engulfing hedge fund tycoon Crispin Odey is a painful reminder that men in positions of power can get away with abusive behaviour for far too long, City leaders say.
16.06 / 07:23
Citi
dealmaking
Peel Hunt posts £1.5m loss amid cost-cutting, UK dealmaking slump
City broker Peel Hunt posted a loss of £1.5m as investment banking fees slumped by nearly 60% amid a difficult period for UK capital markets.
16.06 / 07:05
Citi
Citigroup
Citi to take $400m expense hit as it cuts 1,600 jobs this quarter
Citigroup is set to take a one-off hit of $400m as it pushes through its latest round of job cuts.
16.06 / 06:55
Citi
Citigroup
dealmaking
Deutsche Bank hires Plowman from Citigroup in consumer dealmaking push
Deutsche Bank has hired a senior dealmaker from Citigroup to cover consumer clients in Europe, as part of a series of new recruits in for the German bank in the sector.
16.06 / 05:49
Citi
Extreme
London markets dealt another blow as WE Soda cancels IPO
A major London IPO has been cancelled because of "extreme investor caution" in another blow to the City's capital markets.
16.06 / 05:21
Citi
Trans
UK’s first trans investment boss: ‘Best I can do is be a badass businesswoman who happens to be trans’
The boss of the UK’s first trans-led investment firm says if the City wants to attract more LGBTQ+ talent companies must be “authentic” and create workplace environments that are safe from bullying and harassment.
16.06 / 05:16
Citi
CEO
HSBC
L&G picks Santander’s António Simões to succeed Sir Nigel Wilson as CEO
Santander's Europe head António Simões will become the new chief executive of Legal and General when Sir Nigel Wilson retires at the start of next year.
16.06 / 03:53
Citi
Deutsche Bank poaches from Credit Suisse, Perella and Citi for top FIG roles
Deutsche Bank has recruited a trio of senior bankers for its financial institutions group, as the German lender continues a hiring spree of dealmakers.
16.06 / 03:53
Citi
Lawyer
Senior lawyer banned as City grapples with sexual misconduct failings
A senior lawyer has been struck off in the wake of a sexual misconduct investigation as the City continues to grapple with poor behaviour.
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