Citi Financial News

17.08 / 12:55
UPS Citi Digital Cryptoassets in the metaverse could cause systemic risk - BofE
While still in the early stages of development, the metaverse has been hyped as the next generation of the internet, with Big Tech, led by the rebranded Meta, going big on an idea that Citi has estimated could have an economy worth up to $13 trillion by 2030. In a blog, Owen Lock from the BofE's resilience division and Teresa Cascino from its Fintech Hub explore how the metaverse and cryptoassets will affect systemic risk.
17.08 / 09:43
Citi Citigroup Citi promotes Aveline San to Hong Kong and Macau chief
Citigroup has appointed Aveline San to helm its operations in Hong Kong and Macau, as the US bank pushes to grow its wealth management business in the region.
16.08 / 15:05
Citi Digital Dreams Bitcoin Ukraine now ranks second in the world for crypto use. Which other countries have embraced it?
Long gone are the times when cryptocurrency was just a niche, far-fetched revolutionary ideal for the people who dreamed of achieving social change through technology, and those who could sniff a good investment.
15.08 / 14:45
Citi Citigroup exit Citi makes Fleming sole UK deals head after Skarbek exit
Citigroup's James Fleming is now the sole head of its UK dealmaking unit following the departure of key investment banker Jan Skarbek.
15.08 / 13:37
Citi India’s Big Bull billionaire Rakesh Jhunjhunwala dies aged 62
Veteran stock market investor and Indian billionaire Rakesh Jhunjhunwala, nicknamed India’s own Warren Buffett, died on 14 August in Mumbai city, Press Trust of India news agency reported. He was 62.
15.08 / 10:15
UPS Citi debate Bank of England pays out £23m in staff bonuses as debate over performance rages
The Bank of England paid out more than £23m in bonuses to staff last year, as the City's regulators continue to come under fire over performance awards.
12.08 / 10:43
UPS Citi Target Booking This Chinese province set a 9% GDP target — but then it locked down
BEIJING — China's tourist-heavy province of Hainan is falling further behind lofty growth goals it set in January.
12.08 / 09:33
Citi Post-Brexit markets bill pits politicians against regulators: ‘It’s a recipe for disaster’
Brexit is a once-in-a-lifetime chance for the City to break free from restrictive EU rules. Or so politicians are saying.
11.08 / 16:41
Citi Landmark MPs Bank of England governor Andrew Bailey warns MPs: Don’t weaken our independence
Bank of England governor Andrew Bailey has urged politicians not to dilute the bank's independence as parliament prepares to debate a landmark overhaul to post-Brexit regulation.
11.08 / 16:31
Citi Digital Platform Polish Zetly Creates a Revolutionary All In One Platform for Sports
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.
11.08 / 12:37
COST Citi Action cost-of-living crisis Gordon Brown calls for tax on City bonuses to ease cost-of-living crisis
Former Prime Minister Gordon Brown has called for a tax on bonuses in the City to help combat the cost-of-living crisis.
11.08 / 11:41
Citi Remark Citi dealmaker Jan Skarbek quits amid ongoing probe over remarks to female employee
Citi's co-head of banking, capital markets and advisory in the UK and Ireland has left the firm as a probe into his conduct continues, according to reports.
11.08 / 07:51
UPS Citi CoinMarketCap Will Solana [SOL] holders see gloomy days ahead despite…
Solana is gearing up for what appears to be a rare bearish day in the crypto market. The recovery of asset prices has been a common theme since mid-July.
10.08 / 17:05
Blockchain Citi Provident Pool Decentralizing the Internet: How Wayru is Bringing People Together with Blockchain
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.
10.08 / 11:29
Citi Truss argues for powers to overrule City regulators
Liz Truss is ready to give politicians the power to veto decisions made by regulators if she becomes Prime Minister, as a war of words between the Conservative Party leadership candidate and the Bank of England is set to escalate.
10.08 / 09:49
UPS Citi Reuters China consumer prices hit a two-year high
BEIJING — China's consumer price index hit a two-year high in July as pork prices rebounded, according to official data released Wednesday.
10.08 / 02:11
UPS Citi Digital Cryptoassets in the metaverse could cause systemic risk - BofE
While still in the early stages of development, the metaverse has been hyped as the next generation of the internet, with Big Tech, led by the rebranded Meta, going big on an idea that Citi has estimated could have an economy worth up to $13 trillion by 2030. In a blog, Owen Lock from the BofE's resilience division and Teresa Cascino from its Fintech Hub explore how the metaverse and cryptoassets will affect systemic risk.
09.08 / 13:33
UPS Citi Linklaters’ partner pay jumps to £1.8m as Magic Circle continues bumper results season
Linklaters has reported a jump in revenue and profit, capping a strong results season for the City's elite legal set.

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