Citi Financial News

26.07 / 14:33

Citi JPMorgan HSBC AIM financing Ukraine takes aim at JPMorgan, HSBC and Citi over financing Russia ‘war crimes’

A senior aide to Ukrainian president Volodymyr Zelenskyy said major US banks should be prosecuted over "war crimes" for financing trade with Russia's regime.

26.07 / 12:55

Citi Low Low-Cost Cities With Strong Economies Remain Attractive as Housing Market Slows

Low-cost cities with strong economies fared well in the second quarter as high prices and rising mortgage rates caused a swift slowdown in the housing market.

26.07 / 11:51

Citi Racing Sunak debate Sunak and Truss clash over City rules in leaders debate

Prime ministerial hopefuls clashed over the future of financial regulation in the City as ‘red tape’ plays an increasingly prominent role in the race to become the next leader of the Conservative Party.

25.07 / 10:19

Citi Target FIVE MSCI Goldman Sachs cuts earnings outlook for MSCI China to zero growth

BEIJING — Goldman Sachs has cut its forecast for the MSCI China index due to a worsening slump in China's property market.

25.07 / 09:27

UPS Citi HSBC Natixis Trading Places: Deutsche Bank vet Ross joins Natixis, BofA nabs Kal El-Wahab, Goldman slows hiring

Mark Evans was appointed global head of cross border and cross currency payments HSBC. He has been at the bank for over 25 years, most recently as managing director of payments advisory. Based in London, Evans will report into Manish Kohli, global head of liquidity and cash management

22.07 / 15:33

UPS Citi HSBC Natixis Trading Places: Deutsche Bank vet Ross joins Natixis, BofA nabs Kal El-Wahab, Goldman slows hiring

21.07 / 07:17

COST Citi Baidu Baidu's new robotaxi can drive without a steering wheel and is 50% cheaper

BEIJING — Chinese tech giant Baidu announced Thursday it has cut the price of its robotaxi vehicles by nearly half, lowering costs for a nascent business.

21.07 / 02:25

Citi Citigroup Banking and beaches: GP Bullhound follows Citigroup with Malaga hub

The Spanish city of Malaga — better known for its beaches than banking talent — has attracted another investment bank to launch a new hub.

20.07 / 18:57

UPS Citi Support Radical overhaul to tighten screws on regulators post-Brexit sails through on City support

The UK government published its long-awaited Financial Services and Markets Bill, ushering in a new era of scrutiny for the Financial Conduct Authority and the Prudential Regulation Authority.

20.07 / 12:31

Citi Provident Digital Platform services BNP Paribas Securities Services joins crypto custody market

The French firm has forged an agreement with two fintechs – Fireblocks and Metaco – to help develop its digital capability. Fireblocks will provide a digital wallet as well as tokenisation and connectivity infrastructure.

20.07 / 10:55

UPS Citi reform ‘Capital markets reform is a no-brainer’ says listings review chief

Reforming capital markets is a "no-brainer," according to the head of a review into the UK's listing regime.

20.07 / 02:57

Citi Here are banking’s next female leaders

The financial services industry has long been criticised for the lack of women in senior positions.

19.07 / 02:35

UPS Citi committee ‘London can’t be complacent after Brexit’: European Affairs Committee chair Lord Kinnoull on why the City needs the right rules

Eight major reviews, two major consultations, 30 wider probes — that’s what has gone into forming post-Brexit regulation in the UK.

18.07 / 14:57

Citi City workers score record 25% salary hikes to move jobs in red-hot talent war

London's financial services workers are seeing their pay jump by a quarter when they move jobs.

15.07 / 21:45

Citi CEO Citigroup Citi CEO Fraser says she’s still hiring dealmakers as banker job cuts loom

Citigroup Chief Executive Jane Fraser said that the US bank would continue to hire senior dealmakers even as the sector eyes cuts after a downturn during the first half of 2022.

15.07 / 10:17

Citi Racing Government bids to push through post-Brexit City reforms despite leadership chaos

The City should still expect a flagship post-Brexit reform package to be pushed through by the government, despite the confusion created by the Conservative Party leadership race, according to reports.

14.07 / 12:23

Blockchain cryptocurrency Citi Future Blockchain Hackathon, 'Building Future Cities', To Be Held In Bengaluru

The hackathon is organised by Crypto investing app CoinSwitch.

13.07 / 12:49

Citi PayDay City law firms post bumper paydays, but challenges lie ahead

City law firms are posting bumper results this year, as Simmons & Simmons becomes the latest to pass the £1m mark for average partner pay.

13.07 / 05:09

UPS Citi CEO Chinese companies are going global as growth slows at home

BEIJING — Some Chinese consumer brands are looking for growth overseas, in markets like the U.S. and Southeast Asia.

12.07 / 15:32

UPS Citi Racing City mulls Boris successor as leadership race hots up

City leaders are waiting with bated breath to see who will become the next Prime Minister, with some already hinting at which candidate for the Conservative Party leadership they would support.

12.07 / 13:43

Citi Binance Digital PSG Sells NFT Tickets for Resuming Japanese Tour after 27 Years

French football team Paris Saint Germain (PSG) is resuming its Japanese tour for the first time in 27 years, and this time, the ticket for its scheduled fixtures is being sold in the form of non-fungible tokens (NFTs).

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