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23h
Providence Business News
U.S. stocks rebound as worries ease after two-day Brexit sellofffrom the U.K.’s exit. Tuesday’s recovery was bolstered by equities that were a
U.S. stocks rebound as worries ease after two-day Brexit selloff
Providence Business News / Posted 23 hours ago
from the U.K.’s exit. Tuesday’s recovery was bolstered by equities that were among the biggest drags during the selloff. Citigroup Inc. and Bank of America Corp. advanced at least 2.2 percent, with lenders recovering from the worst two days in... Read more
13 related stories
1d
FOX Business
Bank Stocks Bounce As Brexit Fears Take a BreatherETF climbed 1.1% ahead of the open, after tumbling 8.1% the past two sessions.
Bank Stocks Bounce As Brexit Fears Take a Breather
FOX Business / Posted yesterday
ETF climbed 1.1% ahead of the open, after tumbling 8.1% the past two sessions. Shares of Bank of America Corp. surged 2.6%, Citigroup Inc. climbed 2.1% and J.P. Morgan Chase & Co. rallied 1.5%. Over the past two sessions, BofA's and Citigroup's... Read more
1d
FOX Business
Bank Stocks Bounce As Brexit Fears Take a BreatherETF climbed 1.1% ahead of the open, after tumbling 8.1% the past two sessions.
Bank Stocks Bounce As Brexit Fears Take a Breather
FOX Business / Posted yesterday
ETF climbed 1.1% ahead of the open, after tumbling 8.1% the past two sessions. Shares of Bank of America Corp. surged 2.6%, Citigroup Inc. climbed 2.1% and J.P. Morgan Chase & Co. rallied 1.5%. Over the past two sessions, BofA's and Citigroup's... Read more
1d
The Star
Li Ka-shing is biggest Brexit loser in HK as shares slumpleave the EU.” Analysts mostly remain bullish on CK Hutchison, which has the t
Li Ka-shing is biggest Brexit loser in HK as shares slump
The Star / Posted yesterday
leave the EU.” Analysts mostly remain bullish on CK Hutchison, which has the ticker “1 HK”. While Morgan Stanley and Citigroup Inc cut their ratings on the stock in the wake of the vote, there are still 13 buy recommendations compared with... Read more
2d
Crain's New York Business
Dissident New York REIT investors propose five-person slate for boarda 750,000-square-foot tower just south of Times Square whose tenants include Ma
Dissident New York REIT investors propose five-person slate for board
Crain's New York Business / Posted 2 days ago
a 750,000-square-foot tower just south of Times Square whose tenants include Macy’s Inc., Mizuho Financial Group Inc. and Citigroup Inc.. JBG, whose top shareholders included Yale University’s endowment, argued in a May 25 presentation that the... Read more
2d
Investopedia
The Decline of the Middle Class: An Inside Lookmarket for lower-end, lower-priced products.Consumer Hourglass Economy The con
The Decline of the Middle Class: An Inside Look
Investopedia / Posted 2 days ago
market for lower-end, lower-priced products.Consumer Hourglass Economy The consumer hourglass theory was constructed by Citigroup Inc. (NYSE: C) in 2008 to describe the way companies should change their strategies to capitalize on the... Read more
4d
examiner.com
Brexit Leave leader Nigel Farage stunningly admits campaign 'made a mistake'3.6 percent to 2,037.30. The "mistake" caused banks stocks to plunge after rall
Brexit Leave leader Nigel Farage stunningly admits campaign 'made a mistake'
examiner.com / Posted 4 days ago
3.6 percent to 2,037.30. The "mistake" caused banks stocks to plunge after rallying the most in five weeks Thursday, with Citigroup Inc. down 9.4 percent, its steepest decline in the past four years. JPMorgan Chase & Co. and Goldman Sachs Group... Read more
8 related stories
4d
Newsmax
Costco Credit Card Stumbles as CitiBank Tries to Replace AMEXlong waiting times to reach CitiBank card representatives on the phone, Bloombe
Costco Credit Card Stumbles as CitiBank Tries to Replace AMEX
Newsmax / Posted 4 days ago
long waiting times to reach CitiBank card representatives on the phone, Bloomberg reported. The Costco Anywhere Visa from Citigroup Inc. went into effect as the company ended its 16-year relationship with American Express, said Bloomberg, but the... Read more
101 related stories
4d
Channel NewsAsia
Citigroup resolves 'technical issue' that left accounts frozenREUTERS: Citigroup Inc said on Friday it resolved a technical issue that had le
Citigroup resolves 'technical issue' that left accounts frozen
Channel NewsAsia / Posted 4 days ago
REUTERS: Citigroup Inc said on Friday it resolved a technical issue that had left customers unable to access their accounts remotely. Customers had taken to social media to complain about the outage, which affected several U.S. states, including New... Read more
4d
Reuters
Citigroup resolves 'technical issue' that left accounts frozenPeople walk past a Citibank branch in New York October 15, 2013. Citigroup Inc
Citigroup resolves 'technical issue' that left accounts frozen
Reuters / Posted 4 days ago
People walk past a Citibank branch in New York October 15, 2013. Citigroup Inc (C.N) said on Friday it resolved a technical issue that had left customers unable to access their accounts remotely. Customers had taken to social media to complain... Read more
4d
The Star
Brexit’s impact on Malaysiansthe advantages it provides to Malaysia and Asean. These will have implications
Brexit’s impact on Malaysians
The Star / Posted 4 days ago
the advantages it provides to Malaysia and Asean. These will have implications for our markets,” Ranjit says. Meanwhile, Citigroup Inc analysts advised investors in a report following the Brexit results to not invest in emerging markets despite... Read more
4d
Accounting Today
U.S. Stocks Tumble the Most in 10 Months after U.K. Brexit Votethe seventh-highest total of the year. Banks BatteredBanks plunged after rally
U.S. Stocks Tumble the Most in 10 Months after U.K. Brexit Vote
Accounting Today / Posted 4 days ago
the seventh-highest total of the year. Banks BatteredBanks plunged after rallying the most in five weeks Thursday, with Citigroup Inc. down 9.4 percent, its steepest in four years. JPMorgan Chase & Co. and Goldman Sachs Group Inc. lost more than... Read more
9 related stories
4d
Providence Business News
World markets roiled by Brexit as stocks, pound drop; gold soarstumbled 4.1 percent, for the steepest slide since 2011. Banks plunged after ra
World markets roiled by Brexit as stocks, pound drop; gold soars
Providence Business News / Posted 4 days ago
tumbled 4.1 percent, for the steepest slide since 2011. Banks plunged after rallying the most in five weeks Thursday, with Citigroup Inc. down 9.4 percent. JPMorgan Chase & Co. and Goldman Sachs Group Inc. lost more than 6.9 percent. Caterpillar... Read more
501 related stories
4d
Daily Herald
Citigroup, Exxon Mobil plunge, Newmont soarsNEW YORK -- Stocks that moved substantially or traded heavily on Friday: Citig
Citigroup, Exxon Mobil plunge, Newmont soars
Daily Herald / Posted 4 days ago
NEW YORK -- Stocks that moved substantially or traded heavily on Friday: Citigroup Inc., down $4.16 to $40.30 Bank shares plunged as Britain's vote to leave the European Union sparked a global market sell-off. Exxon Mobil Corp., down $2.41 to... Read more
4d
ABC News
Citigroup, Exxon Mobil Plunge, Newmont SoarsStocks that moved substantially or traded heavily on Friday: Citigroup Inc., d
Citigroup, Exxon Mobil Plunge, Newmont Soars
ABC News / Posted 4 days ago
Stocks that moved substantially or traded heavily on Friday: Citigroup Inc., down $4.16 to $40.30 Bank shares plunged as Britain's vote to leave the European Union sparked a global market sell-off. Exxon Mobil Corp., down $2.41 to $89.39 Oil... Read more
5d
Daily Herald
U.S. stocks tumble amid global selloff after Britain votes to leave the EUon already fragile global growth. Banks were among the worst hit after yesterd
U.S. stocks tumble amid global selloff after Britain votes to leave the EU
Daily Herald / Posted 5 days ago
on already fragile global growth. Banks were among the worst hit after yesterday rallying the most in five weeks, with Citigroup Inc. down 7.9 percent, while JPMorgan Chase & Co. and Goldman Sachs Group Inc. lost more than 4.2 percent. While... Read more
501 related stories
5d
Providence Business News
U.S. stocks tumble amid global selloff after U.K. Brexit voteon already fragile global growth. Banks were among the worst hit after yesterd
U.S. stocks tumble amid global selloff after U.K. Brexit vote
Providence Business News / Posted 5 days ago
on already fragile global growth. Banks were among the worst hit after yesterday rallying the most in five weeks, with Citigroup Inc. down 7.9 percent, while JPMorgan Chase & Co. and Goldman Sachs Group Inc. lost more than 4.2 percent. While... Read more
36 related stories
5d
Morningstar
Bombshell Brexit vote sets U.S. stocks up for ugly openin two years. But the vast majority of the S&P 500 stocks were tumbling, howev
Bombshell Brexit vote sets U.S. stocks up for ugly open
Morningstar / Posted 5 days ago
in two years. But the vast majority of the S&P 500 stocks were tumbling, however. Banking stocks were hit the hardest. Citigroup Inc. (C) was down 7.9%, Morgan Stanley(MS) down 8.2%, Bank of America Corp. (BAC) tumbled 6%. Oil companies were... Read more
5d
Morningstar
Bombshell Brexit vote sets U.S. stocks up for ugly openDevon Energy Corporation (DVN) was down 9.7%, Transocean Ltd (RIG) fell 7%. Ba
Bombshell Brexit vote sets U.S. stocks up for ugly open
Morningstar / Posted 5 days ago
Devon Energy Corporation (DVN) was down 9.7%, Transocean Ltd (RIG) fell 7%. Banking stocks also suffered deep losses. Citigroup Inc. (C) was down 6.7%, Morgan Stanley (MS) down 6.3%, Bank of America Corp. (BAC) tumbled 6%. -Mark DeCambre;... Read more
5d
FOX Business
Goldman, Other U.S. Banks, On Track For Brutal Day As Brits Vote For Brexitfrom the EU is expected to rattle the trade bloc, and has fostered carnage in b
Goldman, Other U.S. Banks, On Track For Brutal Day As Brits Vote For Brexit
FOX Business / Posted 5 days ago
from the EU is expected to rattle the trade bloc, and has fostered carnage in bank stocks early Friday morning. Shares of Citigroup Inc. tumbled 7.8% in premarket trade, Morgan Stanley was off 7.4%, Bank of America dropped 6%, and J.P. Morgan... Read more
20 related stories
5d
FOX Business
Goldman, Other U.S. Banks, On Track For Brutal Day As Brits Vote For Brexitfrom the EU is expected to rattle the trade bloc, and has fostered carnage in b
Goldman, Other U.S. Banks, On Track For Brutal Day As Brits Vote For Brexit
FOX Business / Posted 5 days ago
from the EU is expected to rattle the trade bloc, and has fostered carnage in bank stocks early Friday morning. Shares of Citigroup Inc. tumbled 7.8% in premarket trade, Morgan Stanley was off 7.4%, Bank of America dropped 6%, and J.P. Morgan... Read more
20 related stories
5d
The Star
European banks plunge as Brexit sparks global financial turmoilof the financial industry, counting about 500 members from about 70 countries.
European banks plunge as Brexit sparks global financial turmoil
The Star / Posted 5 days ago
of the financial industry, counting about 500 members from about 70 countries. Analysts led by Andrew Coombs at Citigroup Inc downgraded Lloyds Banking Group Plc and Barclays to sell after the Brexit vote. They already have that same... Read more
5d
Orange County Register
Costco, Citi deluged by complaints in rocky credit-card rolloutCorp. customers have flooded the retailer’s Facebook page with hundreds of comp
Costco, Citi deluged by complaints in rocky credit-card rollout
Orange County Register / Posted 5 days ago
Corp. customers have flooded the retailer’s Facebook page with hundreds of complaints about a new credit card from Citigroup Inc., saying they endured lengthy wait times and had trouble activating accounts. Costco, the world’s largest... Read more
101 related stories
5d
Newsmax
US Banks Flex Capital Muscle in Fed's Annual Stress Testbanks with strong numbers can still fail CCAR because the Fed considered the qu
US Banks Flex Capital Muscle in Fed's Annual Stress Test
Newsmax / Posted 5 days ago
banks with strong numbers can still fail CCAR because the Fed considered the quality of their capital planning faulty. Citigroup Inc, for example, has had surprising results for both reasons in the past. This year, Citi racked up big gains,... Read more
59 related stories
5d
Reuters
Big U.S. banks have enough capital to withstand severe stress: FedAnd, banks with strong numbers can still fail CCAR because the Fed judged the q
Big U.S. banks have enough capital to withstand severe stress: Fed
Reuters / Posted 5 days ago
And, banks with strong numbers can still fail CCAR because the Fed judged the quality of their capital planning faulty. Citigroup Inc, for example, has had surprising results for both reasons. In last year's DFAST scores, Citigroup looked like... Read more
3 related stories
5d
FOX Business
Banks Clear Capital Requirement Barmanaging their risks. Shareholders of banks that have had problems with the te
Banks Clear Capital Requirement Bar
FOX Business / Posted 5 days ago
managing their risks. Shareholders of banks that have had problems with the test, such as Bank of America Corp. and Citigroup Inc., have received paltry dividends compared to the owners of Wells Fargo & Co. and other firms that haven't had... Read more
59 related stories
5d
FOX Business
Banks Clear Capital Requirement Barmanaging their risks. Shareholders of banks that have had problems with the te
Banks Clear Capital Requirement Bar
FOX Business / Posted 5 days ago
managing their risks. Shareholders of banks that have had problems with the test, such as Bank of America Corp. and Citigroup Inc., have received paltry dividends compared to the owners of Wells Fargo & Co. and other firms that haven't had... Read more
59 related stories
5d
Channel NewsAsia
Big US banks have enough capital to withstand severe stress: FedAnd, banks with strong numbers can still fail CCAR because the Fed judged the q
Big US banks have enough capital to withstand severe stress: Fed
Channel NewsAsia / Posted 5 days ago
And, banks with strong numbers can still fail CCAR because the Fed judged the quality of their capital planning faulty. Citigroup Inc , for example, has had surprising results for both reasons. In last year's DFAST scores, Citigroup looked like... Read more
3 related stories
6d
KIVI Boise
Customers Say Big Banks Are Improving, But One Rises Above The RestBancorp and Wells Fargo. To qualify, a bank often needs about $3 billion in dep
Customers Say Big Banks Are Improving, But One Rises Above The Rest
KIVI Boise / Posted 6 days ago
Bancorp and Wells Fargo. To qualify, a bank often needs about $3 billion in deposits. This video includes clips from Bank of America Corp., U.S. Bank, JPMorgan Chase & Co., Wells Fargo & Co. and Citigroup Inc. Music provided courtesy of APM... Read more
7d
Newsmax
It's Francs, Gold If UK Goes and Euros, Sterling If It Stayszloty and Hungarian forint are most vulnerable to Brexit, given the countries’
It's Francs, Gold If UK Goes and Euros, Sterling If It Stays
Newsmax / Posted 7 days ago
zloty and Hungarian forint are most vulnerable to Brexit, given the countries’ exposure to Western Europe, according to Citigroup Inc.’s strategists, basing their conclusion on how emerging markets performed during the 2010-2012 European debt... Read more
2 related stories
8d
Swissinfo
Lonely Are The Brave as Brexit Vote Stills Europe’s Bond Marketsfamiliar with the matter said last week. The Louisville, Kentucky-based company
Lonely Are The Brave as Brexit Vote Stills Europe’s Bond Markets
Swissinfo / Posted 8 days ago
familiar with the matter said last week. The Louisville, Kentucky-based company hired Barclays Plc, Bank of America Corp., Citigroup Inc. and Deutsche Bank AG to manage investor meetings on Tuesday and Wednesday, the person said. “Any plans we... Read more
8d
The Economic Times
Why Wall Street is worried about the end of Rajan's reignprice stability we mentioned in our recent analysis may be premature." Samiran
Why Wall Street is worried about the end of Rajan's reign
The Economic Times / Posted 8 days ago
price stability we mentioned in our recent analysis may be premature." Samiran Chakraborty and Anurag Jha, economists at Citigroup Inc.: "While some knee-jerk reaction to this event is quite possible, we expect the markets to wait for more... Read more
174 related stories
8d
The Record Searchlight
Tehama supervisors to talk budget gaps, looming cutsof growth. Goldman Sachs, the International Monetary Fund, the Organization fo
Tehama supervisors to talk budget gaps, looming cuts
The Record Searchlight / Posted 8 days ago
of growth. Goldman Sachs, the International Monetary Fund, the Organization for Economic Co-operation and Development and Citigroup Inc. economists initially predicted small growth in the United States for 2016, according to an April 11, 2016,... Read more
8d
Swissinfo
It’s Francs, Gold If U.K. Goes and Euros, Sterling If It Stayszloty and Hungarian forint are most vulnerable to Brexit, given the countries’
It’s Francs, Gold If U.K. Goes and Euros, Sterling If It Stays
Swissinfo / Posted 8 days ago
zloty and Hungarian forint are most vulnerable to Brexit, given the countries’ exposure to Western Europe, according to Citigroup Inc.’s strategists, basing their conclusion on how emerging markets performed during the 2010-2012 European debt... Read more
2 related stories
8d
FOX Business
Bank of America, Citigroup Brace for Stress-Test ResultsThere is a $24 billion reason why Bank of America Corp. and Citigroup Inc. shar
Bank of America, Citigroup Brace for Stress-Test Results
FOX Business / Posted 8 days ago
There is a $24 billion reason why Bank of America Corp. and Citigroup Inc. shareholders should care about looming bank stress tests. That is the additional money combined the two banks theoretically could have returned to shareholders over the past... Read more
59 related stories
8d
FOX Business
Bank of America, Citigroup Brace for Stress-Test ResultsThere is a $24 billion reason why Bank of America Corp. and Citigroup Inc. shar
Bank of America, Citigroup Brace for Stress-Test Results
FOX Business / Posted 8 days ago
There is a $24 billion reason why Bank of America Corp. and Citigroup Inc. shareholders should care about looming bank stress tests. Continue Reading Below That is the additional money combined the two banks theoretically could have returned to... Read more
59 related stories
8d
Chicago Tribune
Costco names Citi, Visa as new credit card partners after AmEx deal endsCitigroup Inc. will become the exclusive issuer of Costco's credit cards and Vi
Costco names Citi, Visa as new credit card partners after AmEx deal ends
Chicago Tribune / Posted 8 days ago
Citigroup Inc. will become the exclusive issuer of Costco's credit cards and Visa Inc. will replace American Express as the credit-card network for Costco’s stores starting in 2016, the retailer announced Monday. AmEx has been the only credit card... Read more
101 related stories
8d
The Globe and Mail
Human traders strike back at the stock market robotsbe taking over the world, but in at least one corner of the markets humans are
Human traders strike back at the stock market robots
The Globe and Mail / Posted 8 days ago
be taking over the world, but in at least one corner of the markets humans are beating back the robots. Sales traders like Citigroup Inc.’s Samantha Huggins are in demand because they are proving more adept than computer programs at trading big... Read more
9d
Dallas Morning News
In China, consumers expose private data -- including nude selfies -- for better loansyou combed your hair, what shoes you wore,“ said Loong, who used to work in the
In China, consumers expose private data -- including nude selfies -- for better loans
Dallas Morning News / Posted 9 days ago
you combed your hair, what shoes you wore,“ said Loong, who used to work in the personal loan and credit card businesses of Citigroup Inc. and Standard Chartered Plc. “The behavior of your phone shows your personality.” Visual profiling was... Read more
9d
Chicago Tribune
Delay of world's biggest robot dims zeal to automate mine trainsa metric ton. Producers are winning savings mainly because of a stronger dollar
Delay of world's biggest robot dims zeal to automate mine trains
Chicago Tribune / Posted 9 days ago
a metric ton. Producers are winning savings mainly because of a stronger dollar and cheaper freight rates, according to Citigroup Inc. Rail costs typically account for about $2 a ton, meaning Rio is targeting "quite small incremental gains,"... Read more
6 related stories
9d
The New Zealand Herald
Delay of world's biggest robot dims zeal to automate mine trainsa metric ton. Producers are winning savings mainly because of a stronger dolla
Delay of world's biggest robot dims zeal to automate mine trains
The New Zealand Herald / Posted 9 days ago
a metric ton. Producers are winning savings mainly because of a stronger dollar and cheaper freight rates, according to Citigroup Inc. Rail costs typically account for about $2 a ton, meaning Rio is targeting "quite small incremental gains,"... Read more
6 related stories
9d
Reuters
Broker Orient Securities secures 10 cornerstone investors for $1.16 billion HK deal: IFRan indicative range of HK$7.85 to HK$9.35 each. The company, which has an inve
Broker Orient Securities secures 10 cornerstone investors for $1.16 billion HK deal: IFR
Reuters / Posted 9 days ago
an indicative range of HK$7.85 to HK$9.35 each. The company, which has an investment banking joint venture with a unit of Citigroup Inc (C.N) in China, secured funds from 10 investors including Hung Jia Finance and BOCOM International Global... Read more
9d
Business Standard India
Abu Dhabi banks in talks to form largest West Asia lenderaccording to EFG-Hermes. The UAE is home to about 9 million people and has abo
Abu Dhabi banks in talks to form largest West Asia lender
Business Standard India / Posted 9 days ago
according to EFG-Hermes. The UAE is home to about 9 million people and has about 50 banks, including the local units of Citigroup Inc, HSBC Holdings Plc and Standard Chartered Plc. Both NBAD and FGB have pushed to expand in other countries to... Read more
10d
The Star
Abu Dhabi’s NBAD, FGB in talks to form top Middle East bankaccording to EFG-Hermes. The U.A.E. is home to about 9 million people and has
Abu Dhabi’s NBAD, FGB in talks to form top Middle East bank
The Star / Posted 10 days ago
according to EFG-Hermes. The U.A.E. is home to about 9 million people and has about 50 banks, including the local units of Citigroup Inc., HSBC Holdings Plc and Standard Chartered Plc. Both NBAD and FGB have pushed to expand in other countries to... Read more
10d
TribLIVE
Banks mine spending data in marketing pushLynne Laube, president and co-founder. The largest banks using Cardlytics, whos
Banks mine spending data in marketing push
TribLIVE / Posted 10 days ago
Lynne Laube, president and co-founder. The largest banks using Cardlytics, whose partners include Bank of America Corp. and Citigroup Inc., make $50 million a year from the service, Laube said. Since banks have access to vast amount of personal... Read more
11d
Boston Globe
Remain? Leave? What to know as Brexit vote loomsintegration with EU banks and investors. Should that dissolve, a London address
Remain? Leave? What to know as Brexit vote looms
Boston Globe / Posted 11 days ago
integration with EU banks and investors. Should that dissolve, a London address might suddenly be an impediment. Already, Citigroup Inc. and JPMorgan Chase & Co. have warned that Brexit would probably induce them to move parts of their business... Read more
44 related stories
11d
Channel NewsAsia
HSBC to pay US$35 million to resolve yen Libor litigation in USfiled on Friday in the U.S. District Court in Manhattan. Court approval is requ
HSBC to pay US$35 million to resolve yen Libor litigation in US
Channel NewsAsia / Posted 11 days ago
filed on Friday in the U.S. District Court in Manhattan. Court approval is required. The accord came 4-1/2 months after Citigroup Inc reached a similar US$23 million settlement, in what lawyers for the plaintiff investors called an "ice breaker"... Read more
11d
The Star
Growth concerns prompt Fed decisionringgit will be battered by Brexit headwinds. “Oil prices have weakened and tha
Growth concerns prompt Fed decision
The Star / Posted 11 days ago
ringgit will be battered by Brexit headwinds. “Oil prices have weakened and that will weigh on the ringgit,” he points out. Citigroup Inc analysts say in a report that investors’ appetite to take large directional exposure ahead of the referendum... Read more
24 related stories
11d
Market Watch
The drive behind Uber and Didi’s odd billionsto go public. Airbnb Inc., valued at $25.5 billion, raised a $1 billion debt fa
The drive behind Uber and Didi’s odd billions
Market Watch / Posted 11 days ago
to go public. Airbnb Inc., valued at $25.5 billion, raised a $1 billion debt facility led by J.P. Morgan Chase &Co., Citigroup Inc. and Bank of America, according to The Wall Street Journal. Still, going public won’t be an easy for Uber, as... Read more
16 related stories
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