Citi Financial News

22.06 / 06:45
COST Citi Remark Parke Tesla NOT China’s new EV subsidies might not be enough to bolster slowing growth
BEIJING — Subsidies for electric cars aren't enough to boost growth in China's slowing economy.
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 / 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.

popular questions about Citi

What is Citi and why is it important?

Citi is a significant category that is in the spotlight. On our site, we regularly publish updates related to this subject.

Where can I find the latest updates on Citi?

All recent news about Citi can be found in the highlighted block. We publish information in a timely manner.

How can I verify the accuracy of information on Citi?

We consult with professionals to ensure that the information about Citi is well-supported and helpful for our readers.