Citi Financial News
02.06 / 15:57
Citi
Strategy
veteran
Veteran fund manager Richard Buxton to retire from Jupiter
Richard Buxton, one of the City's best-known stock-pickers, is leaving Jupiter at the end of August — a move which will see him also retire from fund management.
02.06 / 11:49
Citi
Citigroup
Citi nabs Frank for leveraged finance, Credit Suisse bleeds staff, Pease to retire after Crux sale
Citigroup has hired Credit Suisse investment banker Julia Frank as a managing director within its leveraged finance team. She joins in Frankfurt after more than 10 years at the Swiss bank and will report to senior leveraged finance bankers Paul Gibbs and Uday Malhotra.
02.06 / 08:23
UPS
Citi
Platform
Fraud
Kazakhstan Police Shut Down ‘Fake Crypto Exchange’ and Arrest ‘Mastermind’
Police in Kazakhstan say they have shut down a suspected fraudulent crypto trading platform, with its alleged mastermind arrested.
01.06 / 23:45
Citi
Gap
VC funding
Lord Mayor: Plug the late-stage VC funding gap to bolster City’s capital markets
The UK government is scrutinising multiple options to hold onto London’s crown as a leading financial centre, on the back of an outflow of talent, jobs and investment following Brexit.
01.06 / 11:27
UPS
Citi
Waves
Progressive
Racing
NOT
Jupiter, Liontrust, Rathbones among City firms still not signed up to UK’s race charter
Some of the UK’s top asset management firms are facing tough questions over why they have still not yet signed up to a “fundamental” initiative to improve racial equality in the workplace.
01.06 / 02:49
Blockchain
Citi
CEO
Curve Finance CEO Michael Egorov and Spouse Acquire Two Melbourne Mansions, Amassing an Impressive 5663 Square Metre Estate
In an unprecedented move showcasing a hefty investment in Australia's property market, Curve Finance(CRV) CEO Michael Egorov and his wife Anna have made a grand purchase in the heart of Melbourne, according to Financial Review. They've managed to acquire not one, but two stately mansions, amalgamating an impressive landholding of 5663 square metres.
01.06 / 02:49
Blockchain
Citi
Provident
Digital
Platform
Parke
Beijing Releases Web 3.0 Innovation and Development White Paper (2023) at Zhongguancun Forum
On May 27, 2023, the Beijing Municipal Science and Technology Commission and the Zhongguancun Science and Technology Park Management Committee unveiled the «Beijing Web 3.0 Innovation and Development White Paper (2023)» at the parallel forum of the Zhongguancun Forum titled «Web 3.0: Future Development of the Internet Industry.»
31.05 / 23:57
Citi
Bank of Mexico Raises Growth Estimate for 2023
MEXICO CITY – The Bank of Mexico projects the country’s economic output to grow 2.3% in 2023, more than the 1.6% the central bank previously estimated, after a stronger-than-expected start to the year.
31.05 / 01:13
29.05 / 21:45
Citi
Kansas City Fed Presidential Search, Facing Setbacks, Enters Second Year
The search for a new president of the Federal Reserve Bank of Kansas City is moving into its second year after the bank directors ran into difficulties recruiting candidates, forcing them to retool the search earlier this year, according to people familiar with the search process.
29.05 / 20:37
Citi
Cooper
Legal
South Korean Court Jails Civil Servant Who Stole Public Funds to Buy Crypto
A South Korean court has handed a suspended jail term to a civil servant who stole thousands of USD worth of public funds to pay for crypto investments.
29.05 / 00:57
Citi
Kansas City Fed Presidential Search, Facing Setbacks, Enters Second Year
The search for a new president of the Federal Reserve Bank of Kansas City is moving into its second year after the bank directors ran into difficulties recruiting candidates, forcing them to retool the search earlier this year, according to people familiar with the search process.
28.05 / 01:23
Citi
Kansas City Fed Presidential Search, Facing Setbacks, Enters Second Year
The search for a new president of the Federal Reserve Bank of Kansas City is moving into its second year after the bank directors ran into difficulties recruiting candidates, forcing them to retool the search earlier this year, according to people familiar with the search process.
26.05 / 11:57
Citi
Lord Mayor: ‘Brexit is in the rear-view mirror’
Concerns about Brexit have taken a backseat as improved relations and less-than-expected job losses have buoyed the City’s outlook.
26.05 / 10:39
Citi
Kansas City Fed Presidential Search, Facing Setbacks, Enters Second Year
The search for a new president of the Federal Reserve Bank of Kansas City is moving into its second year after the bank directors ran into difficulties recruiting candidates, forcing them to retool the search earlier this year, according to people familiar with the search process.
25.05 / 12:55
25.05 / 09:53
Citi
Man
John McCalla-Leacy: ‘I was the only Black person on the main board of the Big Four ever’
It’s been nearly three years since George Floyd, a 46-year-old Black man, was murdered by a 44-year-old white police officer in Minneapolis, Minnesota, in the US.
24.05 / 14:45
Blockchain
Citi
Provident
Digital
Citizens
COMPOSITE
Digital-Native City 'Cabin' Seeks To Reinvigorate The City
Digital-native coliving city project, Cabin wants to revolutionize its initiative by integrating crypto governance with a newly launched Network City.
24.05 / 08:13
Citi
FIVE
HSBC
information
Banks face CMA probe into swapping UK bond information in chatrooms
The UK’s competition watchdog has asked five banks to respond to provisional findings that they broke competition law in the aftermath of the financial crisis by exchanging sensitive information in chatrooms during UK bond transactions.
24.05 / 07:59
UPS
Citi
FIVE
PayPal
Platform
Europe and Israel are producing more startup 'mafias' than ever despite tech rout
Europe and Israel mint an average of five tech startups for every venture-backed company with a valuation of $1 billion or more, according to a new report from the venture capital firm Accel.
23.05 / 06:01
UPS
Citi
Manufacturing
Tesla
Unemployment
Goldman Sachs says jobs mismatch drove up China's youth unemployment
Record unemployment among China's young people stems partly from a mismatch between their majors and available jobs, Goldman Sachs analysts said in a report Monday.
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