Citigroup Financial News

27.03 / 10:17
Citi FIVE JPMorgan Citigroup KKR Citigroup names Robert Way to lead UK deals team as Truscott quits for KKR-owned investor
Citigroup has promoted veteran dealmaker Robert Way to lead its UK investment banking team after its current boss stepped down to become the chief executive of KKR-owned infrastructure investor, John Laing.
25.03 / 22:51
UPS JPMorgan Citigroup Chase SVB PacWest Financial Deposit drain from smaller banks into financial giants like JPMorgan Chase has slowed, sources say
The surge of deposits moving from smaller banks to big institutions including JPMorgan Chase and Wells Fargo amid fears over the stability of regional lenders has slowed to a trickle in recent days, CNBC has learned.
24.03 / 11:11
Citi Reuters Citigroup Citi boss Jane Fraser plays down fears of banking crisis
Citigroup chief executive officer Jane Fraser said the US banking system remains in solid shape despite the demise of Silicon Valley Bank and Signature Bank of New York in the past two weeks and a subsequent swoon in bank stocks.
22.03 / 18:53
Citigroup UBS Citigroup names new co-heads of European M&A after Alison Harding-Jones departure
Citigroup has named senior dealmaking veterans to lead its M&A business in Europe, following the departure of former UBS banker Alison Harding-Jones in February.
17.03 / 16:03
Citi Citigroup veteran Trading Places: Citi hires Wikström, A&O nabs Shearman veteran, Marshall Wace’s new London partner
Citigroup hired a senior dealmaker to its operations in the Nordic region, the latest senior recruit at the Wall Street bank as it looks to bolster its European investment bank. Peter Wikström is joining Citigroup as a managing director within its Nordic banking, capital markets and advisory unit in May.
17.03 / 11:01
Citi JPMorgan Citigroup JPMorgan, Citi and more back First Republic Bank with $30bn in cash
The biggest banks in the US swooped in to rescue First Republic Bank with a flood of cash totalling $30bn, in an effort to stop a spreading panic following a pair of recent bank failures.
13.03 / 22:05
UPS Target Booking Action Fighting Citigroup rate hikes Something broke, but the Fed is still expected to go through with rate hikes
When the Federal Reserve starts to raise interest rates, it generally keeps doing so until something breaks, or so goes the collective Wall Street wisdom.
09.03 / 20:27
UPS Citigroup Lazard veteran Lazard taps Wall Street veteran Ray McGuire as president and talent ‘magnet’
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08.03 / 14:37
Citigroup dealmaking Citigroup names Federico Monguzzi as head of real estate dealmaking in Europe
Citigroup has named a veteran dealmaker to lead its coverage of real estate companies in Europe, the latest senior change at the US investment bank.
25.02 / 21:03
UPS Citi Citigroup HSBC Trading Places: Citi bolsters tech deals team, HSBC eyes Middle East hires, KKR’s new global PE heads
Citigroup bolstered its European technology team by hiring a new managing director, part of a broader buildout of dealmakers focused on the sector at the Wall Street lender. Davide Russo has joined Citi's technology deals team in Europe, the Middle East and Africa.
24.02 / 16:23
UPS Citi Citigroup HSBC Trading Places: Citi bolsters tech deals team, HSBC eyes Middle East hires, KKR’s new global PE heads
Citigroup bolstered its European technology team by hiring a new managing director, part of a broader buildout of dealmakers focused on the sector at the Wall Street lender. Davide Russo has joined Citi's technology deals team in Europe, the Middle East and Africa.
24.02 / 16:23
BLOCK JPMorgan Platform Citigroup Citigroup, M&G and Goldman Sachs join JPMorgan with ChatGPT crackdown
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23.02 / 12:35
Amazon Strategy Citigroup dealmaking Citigroup bolsters technology dealmaking team with Davide Russo hire
Citigroup has bolstered its European technology team by hiring a new managing director, part of a broader build-out of dealmakers focused on the sector at the Wall Street lender.
22.02 / 11:11
UPS Citigroup Citigroup boss Jane Fraser paid $24.5m, inclusive of $3.45m cash bonus
Citigroup Inc. paid Chief Executive Jane Fraser $24.5m for 2022, up 9% from the prior year.
16.02 / 15:57
Citi Citigroup Executive Citigroup’s former Europe chief executive Alberto Verme dies
Alberto Verme, a highly-respected dealmaker who previously led Citigroup’s European operation and its global investment bank, has died. 
11.02 / 22:15
UPS CEO Citigroup Trading Places: Klein steps up at Credit Suisse, Carlyle’s new boss, FRC chief quits
Former Citigroup dealmaker Michael Klein was handed control of Credit Suisse's investment banking unit, along with two other top jobs, after the Swiss bank agreed to pay $175m for his 40-person boutique. Klein, a key architect of the spin-out of its investment banking business, was named chief executive of banking, head of its Americas operation and CEO designate of CS First Boston.

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