Citi Financial News

26.01 / 16:37

UPS Citi expansion Investor confidence in UK hits new high as City firms plan expansion

Optimism is back on the up for UK financial services firms, as 90% say they plan to retain or grow their operations in the City.

26.01 / 15:53

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.

26.01 / 13:07

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.

25.01 / 16:39

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.

25.01 / 14:59

COST Citi Lowe's index Florida’s West Coast Cities Top WSJ/Realtor.com’s Housing Index

Cities on Florida’s west coast climbed to the top of The Wall Street Journal/Realtor.com Emerging Housing Markets Index, boosted by the growth of remote work and warm weather in the Sunshine State.

24.01 / 18:35

Citi Lawyers London law firms hire ‘anyone with a pulse’ as soaring salaries aren’t enough for junior lawyers

City law firms are struggling to retain junior lawyers in the wake of Covid-19, despite soaring salaries netting newly qualified lawyers more than £150,000 a year at top US firms in London.

24.01 / 12:33

Citi Action Drag Woodford FCA’s probe into Woodford debacle to drag on for years

Investors burned by Neil Woodford have been waiting for justice since the former star stock-picker's flagship fund shuttered in 2019. They'll probably have to wait a couple more years yet.

24.01 / 11:57

UPS Citi Deals boom pushed banking jobs up 129% to pre-pandemic hiring levels

Vacancies in the banking sector hit record levels over 2021, up 129% from 2020, with high street banks making a dramatic push into hiring at pre-pandemic levels.

24.01 / 11:03

Citi Action Woodford Woodford investors wait for justice could take years: ‘Some have died while the FCA has dithered’

Investors burned by Neil Woodford have been waiting for justice since the former star stock-picker's flagship fund shuttered in 2019. They'll probably have to wait a few years more.

24.01 / 09:23

UPS Citi Southern 2020 China's consumers spent $73.6 billion on luxury goods at home last year, up 36% from 2020

BEIJING — Chinese consumers are spending more on luxury goods at home, even if they can't easily travel abroad due to pandemic-related restrictions, consultancy Bain & Company said in its annual report on the luxury sector.

22.01 / 15:39

Citi Progressive JPMorgan JPMorgan memo asks England staff to return to office by February in ‘switch to more permanent mindset’

JPMorgan told staff in England to start returning to the office in greater numbers from 1 February, as the City prepares for an influx of staff after Covid-19 restrictions were lifted.

22.01 / 12:15

UPS Citi Barclays asks staff in England to return to the office from Monday

Barclays staff in England are set to return to the office from Monday as large banks in the City ask staff to come back after the UK government lifted Covid-19 restrictions.

22.01 / 08:41

Citi Trading Places: All change at Credit Suisse, Barclays backs former finance minister

It's been another busy week for people changing jobs as the City prepares for a return to the office.

21.01 / 18:49

Citi Citigroup HSBC Citi, HSBC, Goldman among banks pushing for office return as UK Covid curbs lift

Citigroup, HSBC, JPMorgan and Goldman Sachs are among the large City investment banks to ask employees to return to the office after the UK government rolled back its so-called Plan-B measures for home working.

21.01 / 18:21

Citi Progressive JPMorgan JPMorgan memo asks England staff to return to office by February in ‘switch to more permanent mindset’

JPMorgan has told staff in England to start returning to the office in greater numbers from 1 February, as the City prepares for an influx of staff after Covid-19 restrictions were lifted.

21.01 / 15:38

Citi Trading Places: All change at Credit Suisse, Barclays backs former finance minister

It's been another busy week for people changing jobs as the City prepares for a return to the office.

21.01 / 13:27

Ethereum Citi coinbase Bitcoin NYC Mayor to Receive 1st Paycheck in Crypto Converted via Coinbase

New York City's new mayor Eric Adams said that his first paycheck will be converted into Bitcoin and Ethereum via Coinbase Global.

21.01 / 13:02

UPS Citi Barclays asks staff in England to return to the office from Monday

Barclays staff in England are set to return to the office from Monday as large banks in the City ask staff to come back after the UK government lifted Covid-19 restrictions.

20.01 / 19:14

Citi City’s return to the office: ‘We’re expecting a faster bounce back now — people know the drill’

The City's business leaders are mulling their next steps after the UK government announced a surprise shift in its pandemic working rules.

20.01 / 17:10

Citi Target Citigroup Citi plans to get tougher on oil and gas clients

Citigroup will be tougher on clients in the oil-and-gas industry, changing the way the bank asks Big Oil to measure how much pollution their efforts spew into the air as a requirement for receiving financing while the world tries to curb global warming.

20.01 / 13:30

Citi Financial FCA clamps down on marketing of crypto, high-risk financial products

The City watchdog is clamping down on the marketing of high-risk financial products, including cryptocurrencies.

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