Citi Financial News

01.02 / 14:49

UPS Citi Target licence Nicola Horlick to seek bank licence for Money&Co with £50m fintech funding target

Nicola Horlick, the fund manager once dubbed the City “Superwoman”, plans to raise around £50m as part of a banking licence application she claims will transform her peer-to-peer lending business into a “digital merchant bank”.

01.02 / 14:05

Citi Fed’s George: Current Fed Stance ‘Out Of Sync’ With Economic Outlook

Federal Reserve Bank of Kansas City President Esther George warned Monday that monetary policy is on the wrong setting to deal with a rapidly growing economy, and said the process of getting it to a better place could create turbulence.

01.02 / 03:13

Citi Digital Limelight Winter Olympics Winter Olympics spotlight Beijing’s digital yuan: Will China’s CBDC plans push others to move faster?

Central bank digital currencies will get some international limelight over the next couple of weeks as China plans to test its digital yuan at the Beijing Winter Olympics.

31.01 / 21:45

Citi Tesla BlackBerry Stocks making the biggest moves midday: Tesla, Spotify, Netflix, Beyond Meat and more

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31.01 / 04:09

COST UPS Citi Tesla China's Covid lockdown rules are sending prices higher, says Chinese EV start-up

BEIJING — Covid-related restrictions have increased production costs for Chinese electric car start-up WM Motor, even as existing chip and battery shortages are driving up costs, CEO Freeman Shen told CNBC.

29.01 / 22:33

Citi Citigroup Citigroup sells Taiwan consumer business to DBS Group

DBS Group Holdings is set to acquire Citigroup’s consumer banking business in Taiwan in a deal the Singapore lender said will make it Taiwan’s largest foreign bank by assets.

29.01 / 18:44

Citi JPMorgan Trading Places: JPMorgan makes string of promotions, Bain strengthens legal team

New Year promotions are still being rolled out across the City this week.

29.01 / 14:25

Citi expansion Helena Morrissey: The City must stop its China expansion

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

29.01 / 04:25

Citi JPMorgan Trading Places: JPMorgan makes string of promotions, Bain strengthens legal team

New Year promotions are still being rolled out across the City this week.

28.01 / 15:15

Citi UK regulation ‘most favourable in the world’, City of London Corporation says

UK financial services firms have the world's most agreeable regulations, the City of London Corporation said, as new research suggests the City held onto its top spot for financial and professional services business for the second year in a row.

28.01 / 15:15

Citi JPMorgan Trading Places: JPMorgan makes string of promotions, Bain strengthens legal team

New Year promotions are still being rolled out across the City this week.

28.01 / 13:49

Citi Google Goldman, Google and Just About Every NYC Employer Will Soon Have to Disclose Pay Secrets

New York City will require employers to list the minimum and maximum salaries on job postings starting this spring, a mandate that is already drawing opposition from business groups.

28.01 / 11:19

Citi Target Progressive Equality Equality Group boss urges City execs to link pay and bonuses to diversity targets

Pay and bonuses should be linked to diversity and inclusion targets, the chief executive of Equality Group said.

28.01 / 10:43

Citi Citigroup Citigroup sells Taiwan consumer business to DBS Group

DBS Group Holdings is set to acquire Citigroup’s consumer banking business in Taiwan in a deal the Singapore lender said will make it Taiwan’s largest foreign bank by assets.

28.01 / 03:09

Citi expansion Helena Morrissey: The City must stop its China expansion

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

27.01 / 15:47

Citi UK regulation ‘most favourable in the world’, City of London Corporation says

27.01 / 09:23

Citi Citigroup Citigroup plans £100m redesign of Canary Wharf headquarters

Citigroup is embarking in a major redesign of its UK headquarters in Canary Wharf as the US bank overhauls its offices to capitalise on growing demand for flexible working.

27.01 / 07:13

Citi FCA official warns hybrid working risks creation of the ‘in’ and ‘out’ crowd

Hybrid working risks creating an “in crowd and an out crowd”, a senior adviser at the Financial Conduct Authority warned.

27.01 / 00:51

Citi CEO Gap Bitcoin Want your salary in Bitcoins? Here’s why you should think twice

The cryptocurrency boom reached new levels by touching on salaries in some countries. The millennial generation preferred to receive payments in cryptos. Fair to say, Cryptos are part of the new financial model, and crypto salaries are part of these advances.

26.01 / 19:17

Citi Mercantile Deal Martin Gilbert’s AssetCo strikes deal for River & Mercantile

AssetCo, the deal making company headed by City veteran Martin Gilbert, has agreed a takeover deal with the board of River and Mercantile Group — the UK fund management business where he is also deputy chair.

26.01 / 18:37

UPS Citi Citigroup Citi ties more banker bonuses to longer-term risk taking

Citigroup has shaken up bonus payments for senior bankers, tying compensation to longer-term risk-taking as it continues to overhaul its controls at the behest of US regulators.

Citi Financial News

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