Citi Financial News
11.11 / 20:55
UPS
Citi
Renters Who Abandoned Their City Apartments During Covid Are Coming Home To a Crazy Leasing Market
Like many urbanites, Omer and Mor Granit left their New York City home during the pandemic, giving up the lease on their Brooklyn apartment. In December 2020, they moved to a rental cabin in Evergreen, Colo., with their three daughters, Mr. Granit said, enjoying skiing and wildlife spotting. Still, eight months later, they were ready to come home.
11.11 / 15:45
UPS
Citi
City’s Tulip tower plans quashed by government
Plans to build a 305-metre tower in the heart of the City have been quashed by the government.
11.11 / 05:37
Citi
IPO
Lowe's
week
Mumbai
Mumbai records 1441 property registrations in 1st week of November: Knight Frank India
The Mumbai city (Municipal Corporation of Greater Mumbai region) housing market is on track to record a stellar festive season sale. As on November 8, the city recorded 1,441 property registrations during the first week of November, wherein in the interim, registration offices were closed and home buyers too moved focus to Diwali celebrations, according to Knight Frank India, the leading real estate consultancy in the country.
10.11 / 17:15
UPS
Citi
Landmark
City blasts Treasury’s ‘dangerous’ efforts to control post-Brexit rules
Politicians could soon be dictating how financial regulation is run in the UK as the government plans to lean on watchdogs in the wake of Brexit, regulatory experts say.
10.11 / 14:53
Citi
Fallout
MPs
Which MPs are raking it in from City law firms?
Former attorney general Sir Geoffrey Cox has hit the headlines in a big way this week thanks to revelations that he has been paid more than £800,000 by City law firm Withers in the past year.
10.11 / 08:33
Citi
IPO
Samsung
Diwali Bash: Online sales surge as people from smaller cities go digital
With a sharp drop in the number of Corona positive cases, both customers and sellers are going overboard to make up for the losses in sales during last year’s Diwali, dampened by the Covid-19 pandemic. As a result, both offline and online sales have registered a remarkable surge compared to those of last year.
10.11 / 03:39
COST
Citi
Landmark
Costs
Public inquiry into ‘Tulip’ tower costs £500,000 as final decision nears
The public inquiry into plans to build a controversial 305-metre high 'Tulip' tower in the heart of the City has cost the Greater London Authority more than half a million pounds to date, Financial News has learned.
09.11 / 22:09
UPS
Citi
Provident
Customers
ICICI Lombard launches key initiatives to help flood affected customers in the city
Private sector leading non-life insurer ICICI Lombard General Insurance has initiated various measures to help customers who were affected by the incessant rains in city, the company said on Tuesday. The company, said it has proactively taken critical measures to support the customers in flood damaged regions in city and has launched SMS alerts to provide claims service to mitigate the hardships faced.
09.11 / 16:57
Citi
Highways
exits
How Cities Could Spend $1 Trillion on Infrastructure: Roads, Trains and Highway Exits
Dayton, Ohio, is looking at rebuilding roads. The Denver area needs to expand highway exits. And Austin, Texas, wants to expand public transportation.
09.11 / 16:11
09.11 / 15:31
Citi
Sunak
Sunak asks UK regulators to keep the City competitive after Brexit
Chancellor Rishi Sunak has tasked the UK's regulators with keeping the country's financial services sector competitive in the wake of Brexit, as the government lays the path to throw out its old EU rulebook.
09.11 / 14:14
Citi
Patrick
Bitcoin
NYC to Mine its Own Token, Following Backing From Mayor-Elect Adams
The New York City Mayor-elect’s backing towards a pro-crypto future has pushed forward the development of a token for the city after he engaged in friendly online banter with the Miami mayor over Bitcoin. Reportedly, Adams's ambition- NYCCoin, the token mining is expected to kick off on Wednesday.
09.11 / 13:45
UPS
Citi
IPO
Q3
Housing sales jump 46% QoQ to 50,000 units in Q3 2021: CBRE
Led by sustained attractive mortgage regime and government incentives, housing sales jumped nearly 46% QoQ to 50,000 units in Q3 2021 and sales rebounded significantly by approximately 86% YoY on a year to date (YTD) basis, according to CBRE South Asia Pvt Ltd’s ‘India Market Monitor – Q3 2021′ report.
09.11 / 02:33
Citi
Gap
Strategy
Bitcoin
New York Mayor-elect Eric Adams to make NYC the “center of crypto-innovation”
A recent survey had found that 96% of respondents in the U.S. failed the crypto literacy assessment. Therefore, due to the knowledge gap, cryptos might be ‘failing its mission of financial inclusion,’ as per the research.
08.11 / 13:41
Citi
Action
Derby’s Take: A Hawkish Case for Fed Action on Inflation Emerges
Federal Reserve Chairman Jerome Powell’s clear guidance that the U.S. central bank doesn’t need to raise short-term interest rates soon is facing a nascent challenge by one of the institution’s most reliable hawks.
08.11 / 13:03
COST
UPS
Citi
Goldman Sachs bolsters pay for London dealmakers by 34% in 2021
Goldman Sachs has paid its City employees an average of 34% more so far this year, as Wall Street investment banks prepare for bumper bonuses amid a record deal boom.
08.11 / 12:47
UPS
Citi
Digital
Bitcoin
Kids Should Be Taught About Cryptocurrency: NYC Mayor-elect Adams
New York City Mayor-elect Eric Adams, a major proponent of cryptocurrency in the US, made another statement in support of digital currencies, saying that schools should teach about the technology.
08.11 / 07:35
Citi
Adoption
Digital
Schools
Incoming NY mayor wants crypto taught in schools
New York Mayor-Elect Eric Adams appears to be doubling down on his pro-crypto stance, asserting that that schools should incorporate cryptocurrency studies into their curricula.
06.11 / 06:51
cryptocurrency
Citi
Bitcoin
Bitcoin Down
Cryptocurrency Prices Today: Bitcoin down 0.77% at Rs 48 lakh on November 6
Cryptocurrencies traded in the mixed early today on November 06. The global cryptocurrency market cap is $2.71 trillion, a 0.39 percent decrease over the last day, according to CoinMarketCap. Further, the total crypto market volume over the last 24 hours is $112.74 billion, which makes a 11.61 percent decrease.
05.11 / 15:19
Citi
Stocks market
JPMorgan
UBS
Trading Places: M&A specialists are in demand, UBS prunes management ranks
It’s been another busy week of hires, promotions and departures in the City. While the highest-profile move was surely the exit of Barclays Chief Executive Officer Jes Staley, there was plenty more to take note of.
05.11 / 12:47
Citi
Bitcoin
New York Mayor-Elect Bats For Cryptocurrency, Seeks First 3 Paychecks In Bitcoin
New York's mayor-elect Eric Adams has sought his first three paychecks in bitcoin
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