Citi Financial News

Citigroup has told its London staff to come into the office at least three days a week, after the UK government rolled back its so-called Plan-B measures for home working.

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.

When 19-year-old Bob Wigley wrote a letter to the former prime minister Margaret Thatcher, it helped the now 60-year-old City veteran to pursue a career in banking. 

When 19-year-old Bob Wigley wrote a letter to the former prime minister Margaret Thatcher, it helped the now 60-year-old City veteran to pursue a career in banking. 

The resignation of Sir António Horta-Osório as chair of Credit Suisse has given City conspiracy theorists a bit of a field day.

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China's central bank unexpectedly cut loan rates on Monday — a move that will likely put more downward pressure on the Chinese currency, one analyst said.

Hong Kong-based HolyShxxt!'s release of NFTs and their plan to launch a strategic football management simulation GameFi shows the potential growth of the fusion of gaming and blockchain-powered financialization in the city and globally.

BEIJING — In a country where consumer payments are measured in the trillions, China's digital yuan has made little headway, according to 2021 figures released by the central bank on Tuesday.

Now might be the best time since the beginning of the pandemic to snag a job in the City, with 40% more vacancies in the financial services sector than in late 2019 despite booming pay packets.

The resignation of Sir António Horta-Osório as chairman of Credit Suisse has given City conspiracy theorists a bit of a field day.

Eversheds Sutherland has boosted its City banking practice with the hire of Christopher Williams from Magic Circle stalwart Linklaters.

Lord Paul Myners of Truro, the former City minister who was brought in by Gordon Brown's Labour government to tackle the fallout from the financial crisis, has died aged 73.

Now might be the best time to snag a job in the City since the beginning of the pandemic, with 40% more vacancies in the financial services sector than in late 2019 despite booming pay packets.

Gina Miller, the prominent City investor and anti-Brexit campaigner, has officially launched her new political party, claiming Britain is being governed by people "who care more about their bank balances, wallpaper and drinks parties" than their voters.

Citigroup's dealmakers helped offset a slide in fixed income revenue in 2021, as investment banking fees surged to record highs.

It’s a new year and a new job for many in the City this week. Here’s a summary of those turning over a new leaf.

Citigroup Inc. agreed to sell its consumer-banking franchises in Indonesia, Malaysia, Thailand and Vietnam to United Overseas Bank, advancing its strategy to exit most of its retail operations in Asia and free up resources to deploy in wealth management.

BEIJING — China's exports grew slightly more than expected in December, while imports rose less than expected, according to customs data released Friday.

Ezechi Britton, the City fintech guru of London-based venture capital firm Impax X Capital Partners, had no idea an MBE was in the offing for him.

Reuters reported late last year that the bank intended to hire 100 staff to kickstart its digital assets strategy.The head of TTS digital assets will be a member of the TTS partnership and innovation team and among other things will be charged with working with venture-backed startups in blockchain and digital assets in identifying their technical and commercial challenges and mapping them to Citi technology and products"This individual will lead global efforts in formulating a TTS digital assets strategy, building out cross-TTS/TTS digital asset products and capabilities, implementing a governance structure, and engaging with key internal and external stakeholders including partners, clients and regulators," states the job posting. The chosen candidate "will work closely with the in-business innovation and business development leads as well as product heads to identify, develop and scale capabilities, knowledge and products across first line (Product & Tech), and second line with an aim to create readiness for TTS with respect to digital assets.