Citigroup Financial News

06.10 / 11:17

Citi Target Citigroup MSCI Buy the dip in global stocks says Citi strategist

It’s the right time to buy global equities after a pullback that brought them to the brink of a correction, according to Citigroup Inc. strategists.

06.10 / 10:33

CEO Citigroup WhatsApp show performer Barclays hires for top roles in India amid global job cuts

Barclays bank to lay off over 450 employees in UK Sood, Chakka, Credit Suisse and Barclays did not comment on questions. Earlier in August, Barclays PLC named new executives to its top management in India, a major overseas market for the lender.

06.10 / 08:37

Citi economy Citigroup country recommendations Citigroup raises Japan stocks to 'neutral,' cuts UK to 'underweight'

(Reuters) — Citigroup (NYSE:C) on Friday upgraded its recommendation on Japanese stocks to «neutral» as the country's economy and earnings look resilient, but downgraded British equities to «underweight» due to high exposure to fluctuations in oil prices.

05.10 / 11:51

UPS Citi Target Manufacturing economy Citigroup Citi believes China’s economy has bottomed out and has boosted forecast

Citigroup Inc. raised its growth forecast for China to 5% this year, as promising data helps build consensus around the nation’s ability to achieve its official government target.

05.10 / 06:39

UPS Citi Target Citigroup country gatherings Citigroup raises China's 2023 economic growth forecast to 5%

(Reuters) — Citigroup (NYSE:C) economists raised their forecast for China's economic growth for the year to 5%, from 4.7%, citing stabilizing economic indicators and Beijing's supportive policy measures of late.

05.10 / 00:39

Citi Reuters CEO Strategy Align Citigroup reports Citigroup outlines process for layoffs, reassignments in memo

Check out whats clicking on FoxBusiness.com

04.10 / 11:41

UPS CEO Strategy Citigroup show reports Indian Tech, geopolitics to climate changes: These are the top risks Indian businesses face today

Also Read: From Barclays to Citigroup, world's top bankers likely to return to COP28 Climate Summit in Dubai this year "The research illustrates significant shifts in risk perceptions and underscores the need for organisations to adapt their risk management strategies to address emerging and often unpredictable challenges more effectively. Indian business leaders feel the nature of risk has significantly changed from what it was a decade ago – and that risk will also look significantly different again a decade from now," the release said. - A clear comfort zone for most business leaders.

04.10 / 08:51

CEO COP Citigroup WhatsApp From Barclays to Citigroup, world's top bankers likely to return to COP28 Climate Summit in Dubai this year

(Exciting news! Mint is now on WhatsApp Channels :rocket: Subscribe today by clicking the link and stay updated with the latest financial insights! Click here!) BloombergNEF estimates that banks need to channel four times as much capital into renewable energy as they do into fossil fuels by the end of the decade for the world to have a chance of achieving net-zero emissions by midcentury. The last time big bank CEOs came out in force to a COP was in 2021 when the unveiling of the Glasgow Financial Alliance for Net Zero, a collection of many of the world’s biggest lenders and asset managers committed to achieving net zero financed emissions by 2050, was one of the headline achievements.

04.10 / 06:13

UPS IPO Manufacturing Citigroup Experts recommendations Tata Technologies IPO: 10% issue reserved for Tata Motors shareholders

Tata Motors as on the date of the filing of the Red Herring Prospectus with the Registrar of Companies (RoC), will be considered eligible for the initial public offering (IPO), Tata Technologies said in an addendum to its draft red herring prospectus (DRHP) filed with Sebi. The company has capped the maximum bid amount under Tata Motors shareholders' reservation portion at Rs 200,000. The issue, which is an offer for sale (OFS) will see the promoter company and two investors offloading a combined 95,708,984 equity shares. Tata Motors will offer up to 81,133,706 equity shares which is 20% of the pre-offer paid-up equity share capital of Tata Technologies. Investors Alpha TC Holdings Pte.

03.10 / 02:21

CEO economy Citigroup WhatsApp Shell India raises concerns over high oil prices, urges for more production by Opec+

(Exciting news! Mint is now on WhatsApp Channels. Subscribe today by clicking the link and stay updated with the latest financial insights! Click here!) "This industry can change the global debate... It is time to silence the skeptics by applying scale, capital, and technology to deliver outcomes," said Sultan Al Jaber, the president-designate of the COP28 talks, who is also the head of UAE state-owned oil firm ADNOC.

02.10 / 11:33

UPS FIVE NASDAQ Citigroup show US tech stocks rally ahead, says Goldman

US technology stocks may be about to turn a corner after the Nasdaq 100’s biggest monthly decline this year, according to strategists at Goldman Sachs Group Inc.

02.10 / 01:39

UPS Citi coinbase Citigroup consequences information Coinbase Completes Tender Offer for 3.625% Senior Notes Due 2031

Coinbase Global, Inc. has announced the conclusion of its cash tender offer for its 3.625% Senior Notes due 2031. The offer, which aimed to purchase up to $180.0 million of the notes, excluding accrued and unpaid interest, expired at 11:59 p.m., New York City time, on September 18, 2023.

29.09 / 17:05

UPS CEO economy Citigroup pandemic Citigroup CEO Jane Fraser sees 'cracks’ emerging among some consumers as savings dry up

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28.09 / 16:49

Blockchain COST UPS Ripple Citigroup Australian Fireblocks buys Australian blockchain startup BlockFold

Fireblocks, the crypto company backed by Sequoia Capital and Coatue Management, has acquired BlockFold, a Melbourne-based startup that helps financial institutions build blockchain-based systems, people with knowledge of the matter said.

28.09 / 12:17

Lowe's Citigroup NVIDIA Micron recovery fall Micron shares fall as demand recovery 'off to slow start'

(Reuters) — Micron Technology (NASDAQ:MU)'s first-quarter loss forecast has triggered concerns of a sluggish recovery in the memory chip maker's end-markets such as data centers, sending its shares down about 5% in premarket trading on Thursday.

28.09 / 11:45

Citi Reuters Strategy Citigroup HSBC reports Citigroup could sell $4B China wealth unit to HSBC

Citigroup Inc. is in talks to sell its China onshore retail wealth business to HSBC Holdings Plc, as the latter continues to build out its presence in the mainland, according to people familiar with the matter.

28.09 / 11:45

Reuters SEC Action Citigroup WhatsApp reports settlement SEC agrees on Wall Street WhatsApp settlement, says Reuters

The Securities and Exchange Commission is finalizing settlements with about two dozen Wall Street firms to resolve probes into lapses in record keeping, Reuters reported.

28.09 / 03:53

Citi economy Citigroup HSBC country Exclusive-HSBC to acquire Citigroup China consumer wealth business -sources

By Selena Li

27.09 / 19:33

Blockchain Citi Remark Citigroup Citibank Bitcoin services "Bye Bye" to Bitcoin? Robert Kiyosaki Weighs In on Citibank's Citi Token Services

On Tuesday, renowned author and financial literacy advocate, Robert Kiyosaki, sparked off a spirited debate in the cryptocurrency sphere with his remarks on the future of Bitcoin and the US dollar.

26.09 / 11:57

Citi ETF NASDAQ Citigroup Bearish momentum is building - Citi

According to Citigroup (NYSE:C) strategists, there has been a notable shift in sentiment in August and September, transitioning from peak bullish stock positioning to increasingly net short futures positioning.

25.09 / 21:35

Booking Citigroup beautiful L'Oreal Cosmetics maker Coty submits application to list on Paris Stock Exchange

(Reuters) — Coty (NYSE:COTY) has submitted an application for dual listing of its shares on the Paris Stock Exchange, the company said on Monday, as the CoverGirl cosmetics parent looks to tap into European investor interest.

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