Citigroup Financial News

20.10 / 14:37

UPS BLOCK AXY Citigroup SoftBank stake SoftBank sells 1.09% in Zomato for Rs 1,040 crore; Goldman, ADIA buy stake

SoftBank, through its affiliate SVF Growth Singapore Pte, has sold a 1.09% stake in food delivery company Zomato through block deals on Friday. According to exchange data, the transaction was executed at 111.2 per share, which valued the deal at 1,040 crore. SoftBank holds a 2.17% stake in the company, at the end of the September 2023 quarter. Marquee funds, including Citigroup, Axis MF, Bandhan MF, ADIA, Fidelity, Goldman Sachs, Morgan Stanley, and Motilal Oswal among others bought stakes in the company through the deal. In August this year, SoftBank offloaded about 1.17% Zomato stake under a block deal, which was valued at Rs 947 crore.

19.10 / 06:11

Citi CEO Citigroup Solomonic show performer reports The truth about the investment banking jobs outlook now

Now that all the big investment banks (JPMorgan, Goldman, Citi, Bank of America and Morgan Stanley) have reported their third quarter results, there's more clarity on the performance of investment bankers working in M&A and debt and equitycapital markets.

18.10 / 20:09

COST Waves JPMorgan Citigroup show reports Banks report continued pain on commercial real estate loans

By Matt Tracy

18.10 / 13:17

COST IPO CEO Citigroup reports Morgan Stanley beats estimates on trading, but shares dip as wealth management disappoints

In this article

17.10 / 11:25

UPS JPMorgan Citigroup BNI reports BNY Mellon beats profit estimates on boost from higher interest rates

(Reuters) -Bank of New York Mellon Corp beat Wall Street estimates for third-quarter profit on Tuesday, as rate hikes by the U.S. Federal Reserve bolstered the lender's income from loans.

17.10 / 10:45

Provident JPMorgan Citigroup Chase country reports Goldman's results, U.S. retail sales, County Garden - what's moving markets

Investing.com --Goldman Sachs releases its latest quarterly results in difficult circumstances, while retail sales will provide clues of the health of the U.S. consumer. County Garden nears debt default, while oil markets look to Venezuela for potential supply.

16.10 / 10:39

JPMorgan Citigroup Southern President show reports shock Marketmind: MidEast tension keeps markets on edge

Although price moves remain contained in the absence of a dramatic weekend escalation, world markets are still on edge as Middle East tension builds without obvious resolution.

13.10 / 18:31

UPS CEO JPMorgan economy Citigroup show Major US banks show profit boost, but some caution from consumers

NEW YORK (Reuters) -Major U.S. banks said on Friday higher interest rates boosted profits, sending shares sharply up, even though they said the economy was slowing and saw signs of some caution in consumer behavior.

13.10 / 13:33

UPS Citi FIVE CEO Citigroup reports Citigroup adds 3% as earnings, revenue beat analysts' estimates

Citigroup (NYSE:C) reported its third quarter results, with solid growth in both institutional clients and personal banking driving higher-than-expected revenue.

13.10 / 13:13

Microsoft NASDAQ DOW JPMorgan Citigroup Activision Bank earnings ahead, Microsoft-Activision deal latest - what's moving markets

Investing.com -- U.S. stock futures were mixed heading into the final trading day of the week, with investors preparing for the release of quarterly results from large Wall Street banks and parsing through recent inflation data. Elevated interest rates are expected to factor heavily into returns from lenders JPMorgan (NYSE:JPM), Wells Fargo (NYSE:WFC) and Citigroup (NYSE:C) on Friday, as a fresh corporate earnings season gets underway. Elsewhere, the U.K.'s competition regulator approves Microsoft's (NASDAQ:MSFT) restructured acquisition of Activision Blizzard (NASDAQ:ATVI), clearing the way for the closure of the largest deal in the history of the gaming industry.

13.10 / 13:05

UPS FIVE CEO JPMorgan Citigroup reports Citigroup stock jumps on better-than-expected revenue for the third quarter

In this article

11.10 / 18:21

UPS Provident Platform Strategy Citigroup reports Financial Merrill advisors managing $390M jump to LPL Financial

A pair of advisors who had managed $390 million of client assets at Merrill Lynch moved to LPL Financial and its employee advisor channel, Linsco, the firm announced Thursday.

11.10 / 13:49

Career Compilation Mobile Citigroup Pfizer Seagen Department Petrie joins Wall Street powerhouses on Exxon-Pioneer megadeal

By Anirban Sen and David French

10.10 / 17:33

Provident Platform Citigroup RBC reports LPL nabs team managing $900M at RBC

A team that oversaw $900 million in client assets at RBC Wealth Management has affiliated with LPL Financial’s LPL Strategic Wealth Services, the firm said.

10.10 / 17:33

COST UPS economy Citigroup pandemic reports Americans saved hundreds of billions more than previously thought

Reports of the demise of excess U.S. household savings were greatly exaggerated. Revised government data indicate that Americans have hundreds of billions of dollars more in extra cash stashed away than previously believed.

10.10 / 10:59

Citi NASDAQ Citigroup US equities sell-off is easing says Citi strategist

Investors are backing off from bets on a continued selloff in US stock futures, according to Citigroup Inc. strategists.

09.10 / 13:05

Disney Airlines Entertainment Citigroup WSJ reports fall Walt Disney, Exxon, Lockheed Martin rise premarket; Spotify, Delta fall

Investing.com — U.S. futures slumped Monday, as investors fretted over the impact of the intensifying conflict between Israel and Hamas and looked ahead to fresh inflation data later this week.

09.10 / 09:19

ETF JPMorgan Citigroup JPM reports week 1 Stock to Buy, 1 Stock to Sell This Week: JPMorgan Chase, Citigroup

U.S. stocks rallied on Friday, with the S&P 500 and Nasdaq registering their biggest daily percentage gains since late August as investors digested a U.S. jobs report that showed hiring rose broadly in September while wage growth slowed.

09.10 / 09:19

IPO Target NASDAQ JPMorgan Citigroup Top Wall St brokerages rate Arm's stock a "buy" on earnings potential

(Reuters) — Big Wall Street brokerages, including J.P.Morgan and Goldman Sachs, started coverage of Arm Holdings (NASDAQ:ARM) with their top ratings a month after its blockbuster market debut, expecting the chip designer to deliver strong revenue and earnings growth.

09.10 / 09:19

Citi Disney economy Citigroup HSBC surges Futures slip amid Middle East violence, oil surges - what's moving markets

Investing.com -- U.S. stock futures slump after fresh violence over the weekend between Israel and Hamas. The conflict's geopolitical ramifications spark a jump in oil prices, adding to concerns over inflationary pressures as crucial U.S. consumer price data looms later in the week. Elsewhere, activist investor Nelson Peltz reportedly plans a push for board seats at Walt Disney (NYSE:DIS), while Citigroup (NYSE:C) agrees to sell its mainland Chinese consumer wealth unit to HSBC Holdings (LON:HSBA).

06.10 / 17:03

BLOCK Digital Platform Citigroup SoftBank show stake SoftBank offloads 2.5% stake in PB Fintech for Rs 871 crore

SoftBank on Friday offloaded a 2.5% stake in Policybazaar's parent firm PB Fintech through open market transactions for Rs 871 crore. SoftBank through its affiliates — SVF India Holdings (Cayman) Ltd and SVF Python II (Cayman) Ltd — sold the shares of the company.

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