Citi Financial News

15.06 / 03:21

UPS Citi Waves luxury brands Luxury brands say China's latest Covid wave has whacked consumer demand

BEIJING — Luxury brands have slashed expectations for their China business this year after the country's latest Covid lockdowns, according to an Oliver Wyman survey shared exclusively with CNBC.

15.06 / 03:15

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

14.06 / 10:55

Citi Volkswagen Tesla Southern Most factories in Shanghai resume work as Covid controls ease, ministry says

BEIJING — Factories in two of China's Covid-hit economic hubs have mostly resumed work as the impact of the virus subsides, according to China's Ministry of Industry and Information Technology.

12.06 / 22:31

Citi FIVE week Economy Week Ahead: Fed, Other Central Banks in Focus

The Federal Reserve’s policy meeting highlights this week’s slate of economic news.

11.06 / 08:15

Citi audit London activist Tulipshare dealt blow after Salesforce shareholders veto racial justice audit

A proposal by London-based activist investor Tulipshare to investigate racial justice at Salesforce was rejected by the tech giant — a blow for the UK startup.

09.06 / 14:45

Citi Kansas City Fed Rescinds Master Account for Payments Firm, GOP Senator Says

WASHINGTON—The Federal Reserve Bank of Kansas City revoked the so-called master account of a payments firm that came to prominence earlier this year when Republican senators raised questions over how that account had been granted, according to a letter sent by Sen. Pat Toomey (R., Pa.).

09.06 / 11:45

UPS Citi Peel Hunt plans ‘boots on the ground’ in post-Brexit hub

Peel Hunt plans to put "boots on the ground" in the European Union by launching a new office in Copenhagen in the coming year.

09.06 / 11:43

Citi Metaverse Unocoin Citi sees a $13 trn opportunity in Metaverse. Does it have the potential?

Citi, the Metaverse space represents a revenue shot of as much as $13 trillion by 2030 and believes it has a major impact on not just key tech players, but also cryptocurrencies Metaverse is an immersive digital world created by virtual reality, augmented reality and the internet. However, this concept is not new. Market participants said that metaverse is booming with every passing day as utility grows and so does the number of crypto assets. In 5 years, it is expected to be more than a few trillion dollars at least.

08.06 / 09:25

Citi Boris faces ‘horror among Tory voters’ in City as leadership vote looms

Finance professionals in the City of London see the prime minister surviving a no-confidence vote as a growing number of members of his Conservative Party seek to distance themselves from Partygate scandals and the Tories’ role in the cost-of-living crisis.

08.06 / 00:39

Citi Citigroup analysts Liberum research team Liberum hires four senior analysts to bolster research team

City investment bank Liberum has bolstered its research team with four senior analysts as part of a broader expansion at the firm.

07.06 / 17:13

Citi Boris faces ‘horror among Tory voters’ in City as leadership vote looms

07.06 / 12:09

UPS Citi Digital SEC Bipartisan crypto overhaul seeks to treat most digital assets as commodities and empower CFTC

As excited as Wall Street and Main Street were to have crypto as a new investment idea and store of value, the speed at which cryptocurrencies entered mainstream U.S. markets caused proportionate angst for U.S. regulators, who were equipped only with decades-old securities laws to police an industry many still refer to as the financial «Wild West.»

07.06 / 04:47

Blockchain Citi Digital Bitcoin Australia’s Gold Coast flirts with crypto-payments despite concerns

Mayor Tom Tate of Gold Coast, Australia, has suggested that people could use cryptocurrencies to pay local taxes in the future. However, detractors have raised concerns about volatility and the ongoing market fall. On 5 June, just over a week before the council is set to present its annual budget, Tate told local news station ABC News,

06.06 / 16:29

Citi Boris faces ‘horror among Tory voters’ in City as leadership vote looms

Finance professionals in the City of London see the Prime Minister surviving a no-confidence vote as a growing number of members of his Conservative Party seek to distance themselves from Partygate scandals and the Tories' role in the cost-of-living crisis.

06.06 / 15:31

Citi Citigroup analysts Liberum research team Liberum hires four senior analysts to bolster research team

City investment bank Liberum has bolstered its research team with four senior analysts as part of a broader expansion at the firm.

06.06 / 11:15

Citi Booking Parke China tries to shake off the worst of the pandemic in a long, zero-Covid journey

BEIJING — China is starting to show signs of recovery from the latest Covid shock.

06.06 / 10:13

cryptocurrency Citi RIG cryptocurrency news Future A Home-Grown Crypto Startup In Haryana's Rohtak Holds Hope For Future

New Edge Soft Sol Pvt Ltd, is a cryptocurrency startup founded by Pardeep Narwal (second from left)

04.06 / 22:19

Citi Trading Places: DWS boss departs, Fidelity’s 110 crypto hires, JPMorgan’s Brexit moves

A happy Jubilee weekend to all the movers and shakers in the City's job market this week. Trading Places doesn't take holidays, so here's a roundup of the changes you need to know about.

04.06 / 03:05

Citi Trading Places: DWS boss departs, Fidelity’s 110 crypto hires, JPMorgan’s Brexit moves

A happy Jubilee weekend to all the movers and shakers in the City's job market this week. Trading Places doesn't take holidays, so here's a roundup of the changes you need to know about.

03.06 / 14:17

Citi Trading Places: DWS boss departs, Fidelity’s 110 crypto hires, JPMorgan’s Brexit moves

A happy Jubilee weekend to all the movers and shakers in the City's job market this week. Trading Places doesn't take holidays, so here's a roundup of the changes you need to know about.

02.06 / 20:31

markets Citi stocks Bitcoin $32K Bitcoin price could turn the tides in Friday’s $160M BTC options expiry

Twenty-three agonizing days have passed since Bitcoin (BTC) last closed above $32,000 and the 10% rally that took place on May 29 and 30 is currently evaporating as BTC price retraces toward $30,000. The move back to $30,000 simply confirms the strong correlation to traditional assets and in the same period the S&P 500 also retreated 0.6%.

Citi Financial News

popular questions about Citi

What is Citi and why is it relevant?

Where can I find the latest updates on Citi?

How can I verify the accuracy of information on Citi?