Citi Financial News

22.06 / 11:31

Citi Citigroup Citigroup names Alexander Stiris to lead European commercial bank ahead of hiring spree

Citigroup has shifted its top dealmaker in the Nordic region to lead its commercial banking operation in Europe as it embarks on an aggressive expansion that will see 900 bankers added over the next three years globally.

21.06 / 20:51

Citi Citigroup Citigroup names Alexander Stiris to lead European commercial bank ahead of hiring spree

21.06 / 13:01

Citi Rail strike chaos empties London as bank bosses urge WFH

London’s financial districts are set to become ghost towns again this week, as the biggest rail strike in 30 years prompts some firms to tell staff to remain home.

21.06 / 12:09

Citi UK may scrap banker bonus caps in post-Brexit rules push

The UK government is looking to scrap the cap on banker bonuses, as it eyes a further break with legacy EU rules, The Independent reported.

21.06 / 09:36

Citi Banker bonus cap faces axe in post-Brexit drive to cut regulation

The UK government is looking to scrap the cap on banker bonuses, as it eyes a further break with legacy EU rules, the Independentreported.

21.06 / 09:36

Citi Action Financial Rail strikes set to empty out London’s financial districts

London’s financial districts are set to become ghost towns again this week, as the biggest rail strike in 30 years prompts some firms to tell staff to remain home.

21.06 / 06:09

UPS Citi Juneteenth and the struggle for diversity in the City

Juneteenth — the deliberate blend of the words 'nineteenth' and 'June' — marks the anniversary of when African American slaves first learned of the Emancipation Proclamation that ended their slavery in 1866.

20.06 / 18:57

Citi Action Financial Rail strikes set to empty out London’s financial districts

London’s financial districts are set to become ghost towns again this week, as the biggest rail strike in 30 years prompts some firms to tell staff to remain home.

20.06 / 18:12

UPS Citi Juneteenth and the struggle for diversity in the City

20.06 / 15:05

Citi Extreme Racing Strategy strategies Why City boardrooms need proper mental health strategies

Alison Unsted is chief executive of the City Mental Health Alliance UKThe extreme experience of the past two years — from the pandemic and lockdowns to financial uncertainty and important conversations about race — have put mental health and wellbeing firmly on the boardroom agenda. For the good of people, business, and wider society, it needs to stay there.

20.06 / 14:13

UPS Citi Provident Platform HK HK's PANGU Plays a Magician in Metaverse, Expanding P2E Model for Business Growth

Hong Kong-based start-up PANGU, a metaverse agency appointed by Sandbox, is helping clients to enter into the metaverse by providing asset creation and branding consultation services. The company said it is building various business models, including the play-to-earn (P2E) model for clients to support its growth.

17.06 / 14:39

Citi Immunic Hector Sants: City workers aren’t immune from money troubles

Sir Hector Sants was chief executive of the Financial Services Authority and head of compliance at Barclays. He is currently chair of the Money and Pensions Service.

17.06 / 10:45

Citi MPs financial stability Financial MPs warn UK’s post-Brexit overhaul to regulation could hit financial stability

MPs have warned of the potential risks to financial stability if the government presses ahead with a planned overhaul to post-Brexit regulation.

17.06 / 06:29

UPS Citi FIVE Moodys Financial China's property troubles have pushed one debt indicator above levels seen in the financial crisis

BEIJING — A measure of risk levels for debt in Asia has surpassed its 2009 financial crisis high, thanks to a surge in downgrades of Chinese property developers since late last year, ratings agency Moody's said Wednesday.

17.06 / 02:05

Citi Immunic Hector Sants: City workers aren’t immune from money troubles

Sir Hector Sants was chief executive of the Financial Services Authority and head of compliance at Barclays. He is currently chair of the Money and Pensions Service.

16.06 / 22:45

Citi MPs financial stability Financial MPs warn UK’s post-Brexit overhaul to regulation could hit financial stability

MPs have warned of the potential risks to financial stability if the government presses ahead with a planned overhaul to post-Brexit regulation.

16.06 / 12:47

Citi IPO Extreme Citigroup network Financial Following Insolvency Fears, Celsius Network Taps Citigroup To Guide Financial Options

Troubled Celsius Network has hired US banking giant Citigroup to advise it on possible solutions aimed to bail out its business, three days after the major crypto lending firm appeared to witness bankruptcy concerns.

16.06 / 12:43

Citi Extreme PayPal Helena Morrissey: ESG extremism isn’t helping anyone

Baroness Helena Morrissey has been an executive at multiple asset managers and is a noted City diversity campaigner

16.06 / 10:45

UPS Citi Prices for New Homes in China Slide Further

A decline in Chinese new-home prices accelerated in May, even as local governments and banks ramp up support for a real-estate sector that has suffered from tightened regulations that have pummeled home sales and pushed some large developers to the brink of collapse.

16.06 / 03:05

Citi MPs financial stability Financial MPs warn UK’s post-Brexit overhaul to regulation could hit financial stability

MPs have warned of the potential risks to financial stability if the government presses ahead with a planned overhaul to post-Brexit regulation.

15.06 / 05:19

Citi Reuters Aware China's economic numbers come in better than expected, but 'difficulties and challenges' remain

BEIJING — China released economic data for May that topped muted expectations for a month hampered by Covid controls. Industrial production rose mildly by 0.7% in May from a year ago, versus an expected 0.7% drop, according to analysts polled by Reuters. In April, industrial production unexpectedly fell, down by 2.9% year-on-year. Retail sales fell less than expected, down by 6.7% in May from a year ago. Retail sales were estimated to have declined by 7.1% in May from a year ago, according to the Reuters poll. In April, retail sales fell by 11.1% from a year ago. Fixed asset investment for the January to May period rose by 6.2%, topping expectations of 6% growth.

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