Citigroup Financial News

15.08 / 12:21

CEO JPMorgan Citigroup Chase Discover NVIDIA Financial Stocks making the biggest moves premarket: Nvidia, Discover Financial, D.R. Horton and more

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15.08 / 11:13

Citi Provident Citizens Career CEO Citigroup SVB private wealth SageView founder to become chairman as private wealth leader joins as CEO

SageView Advisory Group has announced some leadership changes that see founder Randy Long appointed as chairman of the board and John Longley joining the firm as CEO.

14.08 / 17:39

UPS Aware JPMorgan Citigroup UBS Backed UBS to pay $1.4 billion over fraud in mortgage-backed securities

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14.08 / 13:25

UPS CEO Citigroup Brookfield Brookfield India REIT Q1 Results: Net operating income at Rs 245 cr, distribution at Rs 164 cr

It has announced distributions totalling Rs 164.2 crore for the quarter.Brookfield India REIT has achieved gross leasing of 2.98 lakh sq ft during the quarter including 63,000 sf of new leasing and 2.35 sq ft of renewals. The REIT witnessed an average escalation of 9.1% on 1.7 million sq ft leased area.

14.08 / 08:15

IPO Booking Citigroup band Concord Concord Biotech IPO: What does GMP signal as focus shifts to listing date; Check key details here

allotment was finalised on August 11, the focus now shifts to the IPO listing date. Concord Biotech share listing is expected to take place on August 18, Friday, on BSE and NSE. However, ahead of the listing, let us take a look at the Concord Biotech IPO GMP, or grey market premium.

11.08 / 09:01

IPO Booking Manufacturing Citigroup band country Concord Concord Biotech IPO share allotment likely today. Here's how you can check status

Concord Biotech IPO will likely be finalised on August 11. Investors will get shares on a lottery basis and the whole process will be supervised by the registrar. On the allotment date, investors get to know about the number of shares allotted to them as against the bids made.

10.08 / 10:55

Action Citigroup show country inflation data Eyes on US inflation data, commodity prices rise

Global stocks climbed while Treasuries traded flat as investors awaited US inflation data for cues on the Federal Reserve’s next steps. European gas prices advanced on concern about potential industrial action in Australia.

09.08 / 10:37

Cooper Aware SEC Action Citigroup HSBC Fines for Wall St. communications violations reach $2.5B

Wells Fargo & Co. and BNP Paribas SA are among firms that will pay hundreds of millions of dollars in penalties for employees using unofficial communications like WhatsApp, personal texts or email to conduct business — the latest in US regulators’ crackdown on Wall Street’s failure to keep records.

09.08 / 10:29

IPO Booking Citigroup band Concord Concord Biotech IPO: What does GMP signal as focus shifts to allotment; check key details here

IPO subscription status can be seen as the issue received total bids for 36.42 crore equity shares as against 1.46 crore shares on the offer. The finalisation of Concord Biotech IPO allotment is expected to take place on August 11, while refunds will be initiated on August 14. The shares will be credited to the demat accounts of eligible investors on August 17.

09.08 / 03:43

Reuters Citigroup NIFTY SENSEX Moodys show fall Moody's downgrades credit ratings for 10 US banks, more cuts likely; stocks fall 1-3%

real estate as a concern, Reuters reported. The banking stocks downgraded by Moody's declined between 1.7% and 2.1%.

08.08 / 18:19

Provident Target Booking Platform Citigroup Latin Drop Miami firm gains as big banks drop Latin America clients

As more U.S. banks cut back wealth management services for clients in Latin America, a Miami-based firm has been reaping the benefits.

08.08 / 15:21

SEC Platform Action Citigroup Wall Street to pay hundreds of millions more for WhatsApp use

Wells Fargo & Co. and BNP Paribas are among firms that will pay hundreds of millions of dollars total in penalties for employees using unofficial communications like WhatsApp to conduct business — the latest salvo in U.S. regulators’ crackdown on how Wall Street keeps records.

08.08 / 11:59

COST JPMorgan Citigroup Chase Moodys Drop bank stocks US bank stocks drop as Moody's downgrade sours sentiment

The rating agency said rising funding costs, a possible decline in deposit levels and weaker profitability pose risks to the banking sector, which went through a crisis earlier this year after the collapse of three lenders. Moody's also warned it may cut ratings of some of the biggest U.S. lenders, and placed six of them under review for a potential downgrade.

08.08 / 11:35

IPO Booking Assurant Citigroup HSBC band Concord Concord Biotech IPO Day 3: Issue subscribed over 24 times on last day; QIB portion booked 68x

IPO Subscription Status: The initial public offering (IPO) of Concord Biotech Limited has been subscribed 24.79 times in total so far on August 8, the third and final day of the bidding process. The public issue of late ace investor Rakesh Jhunjhunwala’s RARE Trusts-backed biotechnology company received bids for 36.31 crore equity shares as against 1.46 crore shares on the offer. Concord Biotech IPO’s retail category was booked 3.64 times, while the Non-Institutional Investors (NII) category was subscribed 16.95 times.

08.08 / 10:23

Citi Provident JPMorgan Citigroup Fitch stage voice Citi strategists see higher equities after ‘orderly’ sell-off

The “orderly” pullback in US stocks last week has reduced the risk of a chaotic selloff and set the stage for further gains in the S&P 500, Citigroup Inc. strategists say.

07.08 / 15:55

Target Citigroup social Morgan Stanley hits 70% of $1T ESG funding goal

Morgan Stanley said it’s more than two-thirds of the way toward achieving its target to finance $1 trillion of low-carbon and sustainability investments by the end of the decade.

07.08 / 09:29

BLOCK Citigroup ANZ Morningstar NOT Suncorp investors want cash, not scrip, if Bendigo comes knocking

Suncorp shareholders and analysts are wary that Bendigo & Adelaide Bank could offer a compelling alternative for its banking arm compared to ANZ’s $4.9 billion all-cash takeover bid.

07.08 / 08:05

IPO Booking Assurant Citigroup HSBC band Concord Concord Biotech IPO Day 2: Issue fully subscribed on day 2; retail portion booked 1.58x

IPO Subscription Status: The initial public offering (IPO) of Concord Biotech Limited has been fully subscribed on day 2 as it received strong demand from retail as well as non-institutional investors. The Concord Biotech IPO so far has been subscribed 1.48 times in total as the issue received bids for 2.16 crore equity shares as against 1.46 crore shares on the offer on August 7, the second day of the bidding process. The public issue received 1.58 times subscription in the retail category and 3.06 times in the Non-Institutional Investors (NII) category.

06.08 / 13:41

Citi IPO Lowe's Target Citigroup India Shelter Finance files for ₹1,800 crore IPO paper with Sebi

Affordable housing finance company India Shelter Finance, which is backed by Westbridge Capital and Nexus Venture Partners, has filed preliminary papers with the capital markets regulator Sebi to raise ₹1,800 crore through an initial public offering (IPO). The IPO comprises a fresh issuance of equity shares worth ₹1,000 crore by the company, and an offer for sale of ₹800 crore by investors Catalyst Trusteeship, Madison India Opportunities IV, MIO Starrock, Nexus Ventures III, and Nexus Opportunity Fund II, the draft red herring prospectus (DRHP) filed on Friday, read.

05.08 / 11:17

UPS IPO Provident Booking Platform Citigroup services India Shelter Finance, BLS E-Services file IPO papers with Sebi

India Shelter Finance Corporation and Delhi-based BLS E-Services filed draft papers with the market regulator Securities and Exchange Board of India (Sebi) for their initial public offers (IPOs). India Shelter Finance looks to raise Rs 1,800 crore via its IPO. The public offer comprises a fresh equity issue worth Rs 1,000 crore and an offer for sale (OFS) of Rs 800 crore.

04.08 / 09:47

UPS Citigroup Enterprise Brookfield Brookfield India REIT plans to raise up to Rs 1,150 cr in addition to QIP

India REIT is planning to raise an additional up to Rs 1,150 crore through a combination of preferential issue of units to its sponsor group and commercial paper following its qualified institutional placement (QIP) worth Rs 2,305 crore earlier this week. The REIT will be raising nearly Rs 400 crore through the issuance of up to 1.27 crore units to a sponsor group entity Project Diamond Holdings.

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