Citigroup Financial News

08.01 / 19:19

Provident JPMorgan Citigroup Exodus wellness show reports RBC, BMO could soon follow Wall Street out of climate club

Canada’s largest banks may be the next group to walk away from the industry’s biggest climate-finance alliance.

07.01 / 16:37

Provident JPMorgan Compilation Citigroup Exodus wellness JPMorgan quits Net-Zero Banking Alliance

JPMorgan Chase & Co. is leaving a major climate finance group, becoming the last of Wall Street’s biggest banks to walk away.

07.01 / 14:23

Waves Align Citigroup Election community Trade testing Wall Street notches another win as Fed's Barr clears the way for gentler banking regulator

The early departure of the Federal Reserve's top financial regulator allows for a more industry-friendly official to take his place, the latest boon for U.S. banks riding a wave of post-election optimism.

03.01 / 08:17

UPS Citi JPMorgan Strategy Align Citigroup wellness Big banks flee climate coalition formed to reduce carbon emissions

Subscribe to enjoy similar stories. U.S. megabanks want to leave behind some green finance pledges in 2024.

24.12 / 13:07

markets CEO JPMorgan Action Citigroup reports testing Biggest banks planning to sue the Federal Reserve over annual stress tests

The biggest banks are planning to sue the Federal Reserve over the annual bank stress tests, according to a person familiar with the matter. A lawsuit is expected this week and could come as soon as Tuesday morning, the person said.

24.12 / 06:19

markets UPS Citi FIVE Citigroup country reports What lies ahead for GCCs in India after a pivotal year

Subscribe to enjoy similar stories. For global capability centres (GCCs) in India, 2024 was a pivotal year. Until 2010, GCCs were mostly outposts of multinational corporations (MNCs), providing technology and operational support to the parent company, according to Zinnov, a management consulting firm.

20.12 / 15:31

markets UPS BLOCK Citigroup Enterprise WhatsApp Goldman Sachs, Citigroup Global, 4 others buy Amber Enterprises shares for Rs 210 crore

shares of Amber Enterprises for Rs 210 crore through an open market transaction. Axis Mutual Fund (MF), Mahindra Manulife MF, Tata AIA Life Insurance and ICICI Prudential Life Insurance were the other entities, who have picked up stakes in Gurugram-based Amber Enterprises through separate block deals on the NSE. As per the data, Goldman Sachs, Citigroup Global Markets, Axis MF, Mahindra Manulife MF, Tata AIA Life Insurance and ICICI Prudential Life Insurance Company collectively purchased 3.45 lakh shares or 1.02 per cent stake in Amber Enterprises.

10.12 / 16:21

Cooper SEC security Citigroup Pride isolate prevention Morgan Stanley Smith Barney to pay $15M penalty to settle SEC charges

Morgan Stanley Smith Barney will pay a $15 million penalty as part of a settlement with the Securities and Exchange Commission related to four financial advisers who stole millions of dollars of advisory clients’ and brokerage customers’ funds

03.12 / 12:27

COST Citigroup Trade Experts cover reports Banks hit credit card users with higher rates in response to regulation that may never arrive

In this article

03.12 / 04:25

markets security Analysis Citigroup Trade Experts Pharmaceuticals Cipla shares in focus as promoters Samina and Rumana Hamied offload 1.72% stake for Rs 2,111 crore

Cipla shares are in focus today after Samina Hamied and Rumana Hamied, promoters of the pharmaceutical company, exited by selling their 1.72% stake for Rs 2,111 crore through open market transactions. Investors including the Singapore government, Societe Generale, Abu Dhabi Investment Authority, BNP Paribas, BofA Securities, Citigroup, Morgan Stanley, Goldman Sachs, Norges Bank, UBS, and Copthall Mauritius bought stakes in Cipla. According to block deal data available on the National Stock Exchange (NSE), Samina sold 89.54 lakh shares of Cipla, while Rumana Hamied offloaded 49.43 lakh shares, amounting to a 1.11% and 0.61% stake, respectively.

29.11 / 12:13

UPS Citi IPO Strategy Citigroup International A simpler Citigroup begins to take shape

Subscribe to enjoy similar stories. Citigroup is nearing an important milestone in efforts to spin off its Mexican consumer bank, an important part of chief executive Jane Fraser’s turnaround strategy. The bank said it would complete a split next week of the systems that underpin Banamex from the rest of its operations in Mexico.

13.11 / 13:57

markets UPS Citi Citigroup stage rights Morning Coffee: The ex-JPMorgan banker making Citi MDs feel inadequate. Investment firms are cutting heads too

This is a true story – I won’t say which bank it happened at, but I saw it with my own eyes.

11.11 / 18:13

markets UPS JPMorgan economy Citigroup Election Investors look for Canadian banks to catch up after Trump election win

Investors in Canadian financial stocks are poised to benefit from Donald Trump’s return to Washington with an agenda to cut taxes and regulations, analysts and strategists say.

09.11 / 06:23

markets IPO Analysis Citigroup Food Trade Experts Swiggy IPO allotment expected soon. Check status, GMP, listing date and other details

Swiggy IPO is likely to be finalised later on Saturday. 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. They can check the allotment status through the BSE or by visiting the registrar's website. Here's how you can check the status on the BSE or even on the registrar's website.

01.11 / 15:29

markets Platform security Citigroup Trade CIBC International CIBC hires Mizuho’s Rob Cicchetti in latest U.S. capital-markets push

Canadian Imperial Bank of Commerce hired three bankers, including Mizuho Securities veteran Rob Cicchetti, to build out its U.S. asset-backed securities business.

28.10 / 15:25

markets BLOCK Analysis Citigroup Trade Experts reports American multinational Citigroup sells HDFC Bank's shares worth Rs 275 crore

Citigroup on Monday offloaded private sector lender HDFC Bank's shares worth Rs 275 crore through an open market transaction. Citigroup, through its arm Citigroup Global Markets Mauritius, sold 15,79,953 shares of HDFC Bank, as per the block deal data available on the BSE. The shares were disposed of at an average price of Rs 1,742.6 apiece, taking the transaction value to Rs 275.32 crore.

20.10 / 00:51

markets COST Citi CEO Citigroup Exodus Citi's exodus under its shiny new leader looks like a warning to Vis Raghavan

Jane Fraser, CEO of Citigroup, likes Andy Sieg. She regularly praises him during the bank's investor calls and notes his importance to reshaping the bank's wealth management business, where costs still consumed 85% of revenues in the second quarter.

20.10 / 00:51

markets UPS Citi CEO Citigroup Trade rights Morning Coffee: Bankers are busy, but bumper bonuses look unlikely. Deutsche Bank is still making big hires

Everything’s fantastic and nobody’s happy. That seems to be the message from the bumper day of Q3 results from Goldman Sachs, Bank of America and Citigroup yesterday. All three big banks beat their earnings estimates, and credit for the beats had to be given fairly and squarely to the investment banking divisions. It would have been reasonable to conclude, as several commentators did, that “Wall Street bonuses have just been salvaged”.

16.10 / 12:27

markets CEO Citigroup Trade reports Updates Morgan Stanley tops estimates on better-than-expected wealth management, trading and banking results

In this article

15.10 / 14:21

markets COST Citi Citigroup Trade reports Citigroup earnings top estimates, boosted by investment banking

In this article

20.09 / 14:19

COST UPS Airlines Citigroup audience exclusive Relationships American Airlines in talks to pick Citigroup over rival bank Barclays for crucial credit card deal, sources say

In this article

frequently asked questions about Citigroup

What is Citigroup and why is it gaining attention?

Citigroup is a significant category that is in the spotlight. On our site, we regularly publish news related to this subject.

Where can I find the latest updates on Citigroup?

All latest articles about Citigroup can be found in the dedicated section. We publish information in a timely manner.

How can I verify the accuracy of information on Citigroup?

We rely on trusted sources to ensure that the information about Citigroup is reliable and valuable for our readers.