Citi Financial News
30.11 / 03:09
Citi
Target
Strategy
City must recruit 50% of bosses from working-class backgrounds, Treasury taskforce says
A City of London diversity taskforce wants business leaders and regulators in the financial industry to “break the class ceiling” by boosting the number of senior leaders from working-class backgrounds.
29.11 / 22:45
UPS
Citi
Pool
services
Million Dollar Luxe: The Greater Los Angeles Area’s Premier Destination for Luxury Rental Services
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
29.11 / 17:01
Citi
outbreak
recovery
China Recovery Set Back by Record Covid Outbreak as Lockdowns Spread
SINGAPORE—Widespread lockdowns imposed across China as authorities there struggled this week to contain the country’s largest Covid-19 outbreak threaten to again create uncertainty in global supply chains and dim the prospects for world economic growth.
29.11 / 15:49
Citi
City minister eyes ‘pragmatic approach’ to ditching EU finance rules post-Brexit
City minister Andrew Griffith has said the government will be taking a "pragmatic approach" to axing former EU financial services rules for London and take advantage of "select opportunities" from Brexit, in another sign that the Treasury is slowing the pace of its ambitious rule-cutting agenda.
27.11 / 17:03
Citi
outbreak
recovery
China Recovery Set Back by Record Covid Outbreak as Lockdowns Spread
SINGAPORE—Widespread lockdowns imposed across China as authorities there struggled this week to contain the country’s largest Covid-19 outbreak threaten to again create uncertainty in global supply chains and dim the prospects for world economic growth.
26.11 / 14:37
Citi
outbreak
recovery
China Recovery Set Back by Record Covid Outbreak as Lockdowns Spread
SINGAPORE—Widespread lockdowns imposed across China as authorities there struggled this week to contain the country’s largest Covid-19 outbreak threaten to again create uncertainty in global supply chains and dim the prospects for world economic growth.
25.11 / 14:39
Citi
outbreak
recovery
China Recovery Set Back by Record Covid Outbreak as Lockdowns Spread
SINGAPORE—Widespread lockdowns imposed across China as authorities there struggled this week to contain the country’s largest Covid-19 outbreak threaten to again create uncertainty in global supply chains and dim the prospects for world economic growth.
24.11 / 03:17
Citi
boost
UK government mulls changes to MiFID II equity research rules among package of measures to boost City
The government is planning to announce a package of measures to boost the City and its provision of finance to the broader economy which could include changes to the MiFID II rules on equity research.
23.11 / 17:49
23.11 / 16:15
Citi
CBDC
Digital
Hong Kong Preparing to Join Digital Yuan Pilot, Extend ‘Cross-border’ Reach
Mainland China and Hong Kong are set to co-launch the digital yuan’s first cross-border pilot project – as the People’s Bank of China (PBoC)-led project edges ever-closer to roll out.
23.11 / 13:29
UPS
Citi
veteran
Listen back: FN in conversation with veteran dealmaker Malik Karim
On 17 November, Financial News caught up with former Conservative Party treasurer and veteran City dealmaker Malik Karim.
22.11 / 17:11
Citi
Digital
Shanghai Readies New Digital Yuan Giveaway
Shanghai, China’s biggest city and its most powerful financial hub, is set to give away digital yuan tokens to 7000,000 of its residents later this week.
22.11 / 16:03
Citi
Stocks market
UBS
Convicted Libor rigger Tom Hayes files fresh submission to overturn prosecution
Convicted Libor rigger Tom Hayes has made a new submission for his case to be reviewed by a UK body that investigates miscarriages of justice, after US courts quashed similar convictions.
21.11 / 13:43
Dogecoin
Citi
Doge
‘High-ranking’ S Korean Civil Servant Caught Trading DOGE During Key Meeting
A “high-ranking” South Korean civil servant has been caught buying Dogecoin (DOGE) on his cell phone – in the middle of an important local government meeting.
21.11 / 03:13
Citi
blast
‘Bad timing’: Bank bosses blast bonus cap scrapping
Chancellor Jeremy Hunt’s Autumn Statement last week dismantled many of his predecessor’s ‘mini-budget’ proposals — apart from the controversial move to scrap the cap on bankers’ bonuses.
18.11 / 16:49
Citi
Ex-Conservative Party treasurer Malik Karim on Truss’ tenure: ‘I’d be lying to you if I told you it wasn’t a challenge’
Navigating the uncertainty of Liz Truss's tenure as prime minister was a "challenge" for former Conservative Party treasurer Malik Karim, who now welcomes the stability ushered in by the government's new top team in the wake of the Autumn Statement.
17.11 / 22:13
Citi
Hunt postpones worst fiscal pain and hoped-for City reforms
On the whole, the chancellor’s Autumn Statement was rather understated. Jeremy Hunt unveiled a huge package of tax and spending changes with less of the fanfare we have come to expect. And none of the rabbits. Perhaps it was just that the news was so unremittingly bad.
17.11 / 16:49
Citi
dealmaking
Dealmaking team steps down from KBW’s UK office
A team of six dealmakers at US-headquartered investment bank KBW have stepped down from its City office and will start their own boutique, according to sources familiar with the situation.
17.11 / 15:15
Citi
NOT
Reducing Inflation Without a Recession Might Not Be Feasible, Fed Official Says
KANSAS CITY, Mo.— Inflation is at risk of growing entrenched in the economy due to an overheated job market, and that will make it increasingly difficult for the Federal Reserve to bring inflation down without a recession, a central bank official said in an interview.
17.11 / 14:59
UPS
Citi
Autumn Statement: City workers hit with new taxes as Hunt hits dividends and capital gains
Chancellor Jeremy Hunt has upped the tax burden on City workers through changes to dividend and capital gains in his Autumn Statement on 17 November.
16.11 / 20:25
Citi
FTX
analyst
Citi Analyst Joseph Ayoub Warns of Serious Contagion Risks From FTX Implosion, Here’s What Could Happen
As collapsed exchange FTX is advancing through its voluntary Chapter 11 bankruptcy proceedings, some market observers are concerned over the risk of a broader contagion spreading across the crypto ecosystem, according to Joseph Ayoub, an analyst at international financial industry player Citi.
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