Citi Financial News

22.05 / 17:37

Citi Platform Apple Pfizer Nike Zions PacWest Stocks making the biggest moves midday: PacWest, DraftKings, Pfizer, Foot Locker and more

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22.05 / 14:35

Citi FX boss found guilty of £70m Ponzi-scheme style scam

The chief executive of a London-based FX trading firm has been found guilty of fraud on seven counts for running a fake company that acted like a Ponzi scheme.

19.05 / 14:05

Citi Clyde & Co offers equal paid parental leave

Law firm Clyde & Co has become the latest City firm to offer equal paid parental leave to male and female staff.

19.05 / 13:15

Citi Action net zero Why the City can’t miss the £1tn opportunity in a shift to net zero

Nicholas Lyons is the 694th Lord Mayor of the City of London

19.05 / 12:47

Citi Rich List 2023: Which bankers and fintech billionaires came out on top?

Objectively, 2022 was a torrid year for markets but this didn't stop certain City bankers and fintech billionaires from enhancing their fortunes.

18.05 / 23:47

UPS Citi Shell Citi, BNP Paribas, KPMG, Aquis Exchange back London’s plan for capital markets supremacy

A narrative has developed in recent years that London is losing out to international exchanges on prized floats on the back of Brexit and the resulting turmoil in just about every aspect of the business landscape.

18.05 / 14:55

Citi Digital CEO Platform Fighting Huobi Chinese State-Owned Greenland Eyes Hong Kong Virtual Asset Trading License

Chinese state-owned real estate firm Greenland Holdings has expressed interest in joining Hong Kong's digital assets hub.

18.05 / 12:47

Citi Banks and insurers report most sexual misconduct incidents among City firms

Sexual misconduct incidents are on the rise in the City, with banks and insurers being hit by the highest number of incidents.

18.05 / 10:53

Citi Man KPMG global ESG boss: Treat DE&I as more than ‘compliance tick’ to win talent war

The City is not doing enough to tackle racial inequality as the three-year anniversary of the murder of George Floyd approaches, KPMG’s global ESG boss has warned.

17.05 / 17:37

Citi Provident Digital Ripple CEO Action coinbase Swiss regulatory Ripple Buys Swiss Crypto Startup Amid US Regulatory Uncertainty

Financial technology company Ripple acquired Switzerland-based crypto custody firm Metaco as U.S. crypto firms look overseas amid a regulatory crackdown at home.

17.05 / 17:11

Citi Digital CEO coinbase RIG Marathon Marathon Digital and Zero Two Partner for Abu Dhabi Bitcoin-Mining Facility

Marathon Digital Holdings and Zero Two have announced a partnership to create a large-scale immersion Bitcoin-mining facility in Abu Dhabi. The joint venture, called the Abu Dhabi Global Markets JV Entity, will be based in Mina Zayed and Masdar City in the United Arab Emirates, and will comprise two mining sites with a combined 250-megawatt capacity. Marathon and Zero Two plan to power the facilities with excess energy from Abu Dhabi’s grid, claiming it will increase its base load and sustainability.

17.05 / 15:35

Citi exits Copper’s chief operating officer quits amid string of exits from crypto firm

Copper’s chief operating officer Sabrina Wilson has left after a year in the role, continuing a period of executive turnover at the crypto firm.

17.05 / 12:05

Citi Ripple XRP Ripple buys crypto custody firm Metaco for $250m

Ripple has bought Metaco, the Swiss crypto custody firm that counts Citi, BNP Paribas and Standard Chartered-backed Zodia Custody among its clients, in a $250m deal.

17.05 / 01:19

Citi Digital businesses Hunan Province, China, Debuts Digital Yuan Loans for Small Businesses – Another CBDC First?

Hunan Province, China, has debuted new digital yuan loans for tech startups – with Beijing keen to explore more central bank digital currency (CBDC) financing options.

16.05 / 23:43

UPS Citi IPO Fighting IPOs International How international exchanges are stepping up in the fight for IPOs

As City leaders fear losing more listings to New York, international exchanges are also fighting hard to compete for IPOs.

16.05 / 11:31

UPS Citi Digital Mobile Samsung Bitcoin Samsung is exploring an 'offline' digital currency that works with Galaxy phones

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15.05 / 19:09

Citi IPO Fighting Sir Nigel Wilson: We’ll pick ‘best of the best’ to solve City’s listings drought

The government will soon have a definitive blueprint for boosting listings in London, according to City veteran Sir Nigel Wilson.

15.05 / 16:31

Citi Reuters Digital Microsoft Fighting Albemarle ONEOK Activision Stocks making the biggest moves midday: Shake Shack, Charles Schwab, Activision Blizzard and more

Check out the companies making headlines in midday trading.

15.05 / 11:19

Citi City execs push for plan to bolster UK’s capital markets

Top asset managers, lawyers and exchange bosses have commissioned a report to set out the definitive view of how to make sure London’s capital markets stay competitive in the face of several recent high-profile departures.

14.05 / 23:07

Citi How the City can stay a fintech powerhouse

David Wighton is a columnist for Financial News

14.05 / 13:43