Citigroup

CE 100 Index Gains 5.3% as BNPL, Amex Lead the Charge  

CE 100 Index Gains 5.3% as BNPL, Amex Lead the Charge  
CE 100 Index Gains 5.3% as BNPL, Amex Lead the Charge  
January 30, 2023  |  Connected Economy

Earnings season has taught us that the death of consumer spending has been greatly exaggerated.   Get the Full Story Complete the form to unlock this...

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Hectic Earnings Week Could Bring Harbingers of Recession
Hectic Earnings Week Could Bring Harbingers of Recession
January 15, 2023  |  Economy

With more than 250 companies set to report earnings this week, analysts and economists are on high alert for anything that signals a recession. Get...

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The Best Reading on Consumer Spending and Sentiment Will Come out Tomorrow
The Best Reading on Consumer Spending and Sentiment Will Come out Tomorrow
January 12, 2023  |  Banking

Starting tomorrow, Wall Street will focus on how banks view inflation, the stock market and bond trading. Get the Full Story Complete the form to...

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Citigroup Investment Banking Unit Slashes Staff Globally
Citigroup Investment Banking Unit Slashes Staff Globally
November 08, 2022  |  Personnel

The rising trend of large corporations cutting back employees looks set to continue amid a report that Citigroup is scaling back its investment banking unit’s...

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Banks Expected to Boost Loan-Loss Reserves for Third Consecutive Quarter
Banks Expected to Boost Loan-Loss Reserves for Third Consecutive Quarter
October 11, 2022  |  Banking

Bank loan-loss reserves are expected to increase for the third month in a row to as much as $4.5 billion as the nation’s six largest...

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Today in Crypto: Former Celsius Execs Withdrew $17M Before Company Filed Chapter 11; Citi Ventures Invests in Digital Asset Management Startup xalts
Today in Crypto: Former Celsius Execs Withdrew $17M Before Company Filed Chapter 11; Citi Ventures...
October 06, 2022  |  Cryptocurrency

Two Celsius officials withdrew $42 million in cryptocurrency before the company froze withdrawals and filed for bankruptcy, Coindesk wrote. Get the Full Story Complete the...

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Citigroup Blockchain Exec’s Departure for Six Digital Shows Growing Trend
Citigroup Blockchain Exec’s Departure for Six Digital Shows Growing Trend
October 06, 2022  |  Personnel

Executives from legacy banks are leaving key positions in innovative units and subsidiaries to take on roles at newer firms deep in the trenches of...

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Goldman Sachs and 15 Financial Firms Pay $1.1B to Settle SEC WhatsApp Probe
Goldman Sachs and 15 Financial Firms Pay $1.1B to Settle SEC WhatsApp Probe
September 27, 2022  |  Regulation

Goldman Sachs, Citigroup and other financial giants have agreed to pay regulators $1.1 billion in penalties for not monitoring employees using unauthorized messaging apps, according...

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Citi to Cut Lending to Private Equity Firms
Citi to Cut Lending to Private Equity Firms
September 23, 2022  |  Bank Regulation

Citigroup is undertaking drastic cutbacks on the amount of money it lends to private equity firms and other asset managers as big banks try to...

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