Citi Financial News

16.11 / 19:53

Citi Lawyer Top City lawyer rebuked by regulator after dangerous driving conviction

One of London’s top litigation lawyers has been rebuked by the solicitors’s regulator following a conviction for dangerous driving.

16.11 / 15:51

Citi BNP Paribas bolsters UK investment bank with Randall hire

BNP Paribas has hired a senior banker for its UK corporate broking team as the French bank looks to bolster its standing in Europe.

16.11 / 15:19

Citi NOT Lowering 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.

16.11 / 13:43

UPS Citi Bim Afolami: Why the City needs to be part of levelling up

Bim Afolami MP is chair of the APPG for financial markets and services

15.11 / 08:33

Citi ‘Dawn raid’ numbers collapse as pandemic ushers in new era for City enforcers

The number of ‘dawn raids’ by City regulators — once a big fear for compliance departments in the Square Mile — fell significantly during the pandemic, and has yet to return to the level seen in the wake of the financial crisis, according to data obtained exclusively by Financial News.

14.11 / 18:11

UPS Citi Future dealmaking The future of dealmaking — what’s next with Fenchurch Advisory Partners’ Malik Karim

After a deal boom saw bankers and investors cash in last year, the M&A tide shows signs of turning. But are there still bargains to pick up for investors? And where should they turn to find them?

14.11 / 17:35

UPS Citi Fraud South Korean Stablecoin Fraudster Aged-60+ Jailed for Six Years

Crypto fraud continues to escalate in South Korea – where a scammer aged over 60 has been given a six-year jail term for duping victims into investing in a sham stablecoin.

14.11 / 13:05

Citi Citigroup Continental Citi eyes Paris hiring spree as trading roles shift after Brexit

Citi is set to hire 60 juniors for its trading unit in Europe, as part of a broader push on the continent that will see 250 employees added in Paris.

14.11 / 10:23

Citi CEO Abrdn CEO Stephen Bird: ‘I’m very challenging, and I should be’

Stephen Bird, the chief executive of Abrdn, had just touched down in the UK from a business trip to Japan when allegations surfaced about his management style. Several anonymous current and former staffers said that he presided over a dysfunctional environment and that senior leaders are afraid of him.

11.11 / 15:35

UPS Citi Digital Returns Europe’s Most Influential Blockchain & Crypto Event Returns to Barcelona

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

11.11 / 15:19

Citi Racing Trading Places: Numis and Liberum bolster headcount, Clifford Chance starts leadership race

Numis hired a senior dealmaker to bolster its investment bank in London, a decade after she left the industry. The investment bank, which has traditionally focused on the City of London, has hired Melanie Saluja as a managing director within its dealmaking team.

11.11 / 11:15

Citi Bank surcharge tax set for cut as chancellor fears City competitiveness

Banks will get a reprieve in Jeremy Hunt's upcoming Autumn Statement as the chancellor looks set to cut the so-called surcharge tax on the sector.

10.11 / 03:15

Citi Lord Mayor Vincent Keaveny on proclaiming the new King, and where next for the City

“Three cheers for His Majesty, The King,” Vincent Keaveny, Lord Mayor of London, proclaimed on the steps of the Royal Exchange for the ascension of King Charles III on 10 September.

09.11 / 19:37

UPS Citi Racing committee Harriett Baldwin wins race to chair Treasury committee

Harriet Baldwin is the new head of the influential Treasury committee after winning an election among MPs.

09.11 / 10:15

UPS Citi Liberum hires Dru Danford to head up investment bank

Investment bank Liberum hired a new head of investment banking, replacing City veteran Richard Crawley, who is stepping back after nine years with the firm.

08.11 / 10:13

Citi Stocks market UBS Ex-Deutsche Bank dealmaker Melanie Saluja joins Numis after 10-year break from banking

Numis has hired a senior dealmaker to bolster its investment bank in London, around a decade after she left the industry.

07.11 / 19:49

Citi FCA has ‘great concern’ over UK government powers to overrule City regulators

Senior Financial Conduct Authority staff have said they still have "great concern" that new powers for the government to overrule the watchdog will harm its independence.

07.11 / 17:11

UPS Citi COP27: Catch up with the best of FN’s coverage

After the fanfare of last year's Glasgow meeting, can COP27 at Sharm El Sheikh deliver on the promise of climate progress?

06.11 / 23:35

UPS Citi COP Time Heavyweight investors on COP27: Time for the City to step up

The excitement ahead of last year’s COP26 conference was palpable. Political and business titans gathered in Glasgow for the global summit after a 12 month hiatus due to Covid.

02.11 / 12:59

Citi CBDC Digital Another Digital Yuan Giveaway Will See $2.75m Distributed in China’s Fuzhou

China’s digital yuan pilot continues to gather pace: The nation’s central bank is teaming up with an e-commerce heavyweight in an effort to boost adoption. The parties will be giving away another $2.75m worth of coins (in e-voucher form) in the city of Fuzhou, in China’s Fujian Province.

01.11 / 19:37

Citi Government delays post-Brexit ‘call-in’ powers over regulators

The government has pushed back its plans to introduce a so-called 'call-in' power over the City's regulators, as lawmakers on an influential committee have asked for more time to scrutinise the potential risks involved.

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