Citi Financial News

05.11 / 12:06

Citi Landmark Bitcoin NYC Mayor-Elect Adams Says He Will Take First 3 Paychecks in Bitcoin

New York City Mayor-elect Eric Adams, a cryptocurrency proponent, made a landmark statement on his <a rel=«noopener» href=«https://twitter.com/ericadamsfornyc/status/1456311827550384129?ref_src=» https: blockchain.news target="_blank">Twitter, saying that he will take his first three paychecks in Bitcoin when he takes over City Hall in January.

05.11 / 11:27

UPS Citi Bitcoin NYC mayor Eric Adams wants his first three paychecks in bitcoin

Eric Adams, the next mayor of New York, wants to turn the city into the crypto capital of the world.

04.11 / 17:21

Citi Boeing shock blast Traders blast BoE’s Bailey after shock interest rate u-turn

City traders raised questions over the credibility of Bank of England governor Andrew Bailey’s after the central bank's surprise decision to hold off on an interest-rate hike that futures markets had fully priced in.

03.11 / 21:47

Citi FIVE The London Whale resurfaces: Bruno Iksil speaks out

Bruno Iksil, the former City trader known as the “London Whale”, has spent the past five years at home with his family in France, about 50 miles south of Paris. He runs, cycles or swims each day. He plays card games with his kids and helps with their homework.

03.11 / 21:33

Citi Digital Citizens e-CNY China sees 10% rise in e-CNY wallets, first case of money laundering using digital yuan

The Chinese government may want to reconsider the security of its central bank digital currency [CBDC] in the backdrop of Xinmi police’s crackdown on the first-ever case of money laundering using the digital Yuan.

03.11 / 21:18

Citi Fallout LSE London Stock Exchange Deal LSE boss says EU firms will suffer if clearing deal runs out

The chief executive of the London Stock Exchange said he expects the EU will continue allowing its banks to clear trades through London, despite the fallout from Brexit, because of the “critical” importance the City's clearing houses have for firms in the bloc.

02.11 / 14:13

Citi Aviat DAX restrictions COVID restrictions Half of Beijing's flights are cancelled as China's capital city tightens Covid restrictions

BEIJING — About half the flights to and from Beijing's two airports were cancelled Tuesday as the capital tightened travel restrictions after a trickle of new cases in the city and other parts of the country in the last few days.

01.11 / 17:51

Citi Citigroup Citi memo names Credit Suisse’s Lucy Baldwin to new senior equities role

Citigroup has hired Credit Suisse's global head of equity sales in a new role that will combine its research business with its equity advisory unit.

01.11 / 15:13

UPS Citi IPO Q3 Aggregate demand for housing witnesses over 13% growth in Q3: Report

The residential real estate industry is showing signs of recovery after experiencing serious economic repercussion caused by the pandemic. A pan-India quarterly increase in demand of over 13% was witnessed during the third quarter, reveals the latest Magicbricks PropIndex report for Q3 (Jul-August-September) 2021. Further, the aggregate supply in the country jumped by nearly 8% QoQ during the period.

01.11 / 10:37

Citi Action Big investors demand action at COP26: ‘We can use our influence and powers’

Some of the City of London’s most influential investors are seizing on the COP26 event in Glasgow this week to call for less talk and more action on climate change.

31.10 / 10:49

Citi IPO Compilation Metro Govt hikes variable dearness allowance for 1.5 crore workers in central sector establishments

The government has hiked the variable dearness allowance (VDA) for around 1.5 crore workers, including casual and contract employees working in the central sector establishments such as railways, mines, oil fields and major ports by an average of Rs 208 per month. The latest revision, effective from October 1, is likely to accrue around Rs 1,900 crore benefit to these workers for the next six months, averaging around Rs 312 crore a month.

29.10 / 10:15

Citi LinkedIn Citigroup Citi tells US staff to get the Covid vaccine or get fired

Citigroup has told US staff that they must get the Covid-19 vaccine or they will be fired.

29.10 / 02:11

Citi Morrissey: FCA gender reporting rules could act as ‘distraction’ to boardroom diversity

City grandee and diversity champion Baroness Helena Morrissey says proposals from the UK's financial regulator to allow listed firms to report the chosen gender of their employees could act as a “distraction” to achieving boardroom diversity, rather than helping the cause.

28.10 / 15:21

UPS Citi IPO Q3 New project launches in top 6 cities shoot up by 68% in Q3 2021: Report

Top realty markets of the nation — that were derailed from the recovery path in Q2 2021, hit hard by the second wave of Covid-19 — seem to be getting back on track. Echoing the buoyant sentiment in the realty market, Q3 2021 saw the number of new project launches in the top six cities shoot up by 68% as compared to the previous quarter, according to Square Yards’ India Residential Overview (July-Sept 2021).

28.10 / 14:13

Citi Progressive Career Racing Discrimination More than 70% of Black City professionals have faced discrimination

Over half of Black professionals in financial services believe their race is holding back in their career and more than 70% say they have experienced discrimination in the workplace, despite the increased focus on attracting more Black talent to the sector.

28.10 / 10:33

Citi boost services Waterloo & City line to return to full weekday services in boost for commuters

The Waterloo & City line will return to full weekday services from next month in a boost for financial services workers, Transport for London said.

28.10 / 07:33

UPS Citi Lowe's boost Festive fervour to perk up real estate, boost housing sales

Spurred by record low interest rates, stable housing prices, stable employment scenario and growing homeownership sentiment, residential sales and new launches have surged in recent months. As per a recent report by PropTiger.com, for instance, home sales and new launches have both shown a significant improvement during July and September 2021, indicating that a turnaround for the realty sector might be around the corner.

27.10 / 17:15

COST Citi Autumn Budget 2021: What the economic crime levy means for the City and how it will work

The UK government is pushing ahead with a levy designed to tackle the £37bn annual cost of economic crime, much of which stems from money laundering.

27.10 / 17:15

Citi How Rishi Sunak’s 2021 Budget will affect the City of London

Chancellor Rishi Sunak loosened the purse strings somewhat in what was billed as a post-Covid recovery Budget on 27 October.

27.10 / 16:39

UPS Citi IPO Office space renewals gaining pace post pandemic, NCR & Bengaluru most resilient office markets: Report

While leasing has declined from April 2020, some interesting trends have emerged in the office space. Occupiers, for instance, are increasingly renewing their office spaces since April 2020 when the pandemic started, as per a joint report by Colliers and Propstack.

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