Citigroup Inc

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10h
Profit Confidential
Amazon.com, Inc: This Spells Doom for AMZN Stock Bearsshipping. Now the company needs to take control of the delivery process to ensu
Amazon.com, Inc: This Spells Doom for AMZN Stock Bears
Profit Confidential / Posted 10 hours ago
shipping. Now the company needs to take control of the delivery process to ensure itself another decade of stellar growth. Citigroup Inc (NYSE:C) estimates that Amazon could save $1.1 billion every year if it cuts out existing shipping companies.... Read more
19h
Swissinfo
Credit Suisse Joins Canada Bears With Call for Interest-Rate Cut(Bloomberg) -- Forecasts for a Bank of Canada interest-rate cut this year are b
Credit Suisse Joins Canada Bears With Call for Interest-Rate Cut
Swissinfo / Posted 19 hours ago
(Bloomberg) -- Forecasts for a Bank of Canada interest-rate cut this year are building. Credit Suisse Group AG joined Citigroup Inc. and HSBC Holdings Plc in forecasting easier monetary policy, possibly as early as next month, amid sluggish Canadian... Read more
22h
Channel NewsAsia
Citi equities executive Bitton leaves firmREUTERS: Michael Bitton, the global head of delta one and head of North America
Citi equities executive Bitton leaves firm
Channel NewsAsia / Posted 22 hours ago
REUTERS: Michael Bitton, the global head of delta one and head of North American prime finance at Citigroup Inc , has left the firm, according to a person familiar with the matter. Bitton, who joined Citi in 2012 from UniCredit, departed Citi in... Read more
1d
Swissinfo
Deutsche Bank, UBS, RBS Said to Mull Selling Tradeweb Stakesits bond trading. The other banks that own stakes are Goldman Sachs Group Inc.
Deutsche Bank, UBS, RBS Said to Mull Selling Tradeweb Stakes
Swissinfo / Posted yesterday
its bond trading. The other banks that own stakes are Goldman Sachs Group Inc., JPMorgan Chase & Co., Morgan Stanley, Citigroup Inc. and Bank of America Corp. Meant to improve the stability of banks, new rules put in place after the 2008... Read more
1d
Newsmax
Commerzbank Plans 9,600 Job Cuts in Biggest Overhaul Since Bailoutthe need for Commerzbank to cut costs given the benign revenue environment,” Ni
Commerzbank Plans 9,600 Job Cuts in Biggest Overhaul Since Bailout
Newsmax / Posted yesterday
the need for Commerzbank to cut costs given the benign revenue environment,” Nicholas Herman and Andrew Coombs, analysts at Citigroup Inc., wrote in a note on Thursday. “We’re encouraged by these developments. However, the profit targets are... Read more
18 related stories
1d
FOX Business
Citigroup Becomes Last Big U.S. Bank To Join Payments NetworkCitigroup Inc on Wednesday became the last of the big U.S. banks to agree to al
Citigroup Becomes Last Big U.S. Bank To Join Payments Network
FOX Business / Posted yesterday
Citigroup Inc on Wednesday became the last of the big U.S. banks to agree to allow customers to send instant payments by mobile phone over an industry network that is competing with upstart Venmo. Citigroup said in a statement that it will begin... Read more
3 related stories
1d
FOX Business
Citigroup Becomes Last Big U.S. Bank To Join Payments NetworkNEW YORK – Citigroup Inc on Wednesday became the last of the big U.S. banks to
Citigroup Becomes Last Big U.S. Bank To Join Payments Network
FOX Business / Posted yesterday
NEW YORK – Citigroup Inc on Wednesday became the last of the big U.S. banks to agree to allow customers to send instant payments by mobile phone over an industry network that is competing with upstart Venmo. Continue Reading Below Citigroup said in... Read more
3 related stories
1d
Orange County Register
California suspends Wells Fargo from bond, investing workdebt in California in the first half of the year, according to data compiled by
California suspends Wells Fargo from bond, investing work
Orange County Register / Posted yesterday
debt in California in the first half of the year, according to data compiled by Bloomberg. The firm, which trailed Citigroup Inc., handled sales of $3.9 billion in securities, or 11 percent of total issuance. The bank ranked fifth in... Read more
27 related stories
1d
Channel NewsAsia
Citigroup becomes last big US bank to join payments networkNEW YORK: Citigroup Inc on Wednesday became the last of the big U.S. banks to a
Citigroup becomes last big US bank to join payments network
Channel NewsAsia / Posted yesterday
NEW YORK: Citigroup Inc on Wednesday became the last of the big U.S. banks to agree to allow customers to send instant payments by mobile phone over an industry network that is competing with upstart Venmo. Citigroup said in a statement that it will... Read more
3 related stories
2d
San Francisco Chronicle
California suspends Wells Fargo from state bond, investing workdebt in California in the first half of the year, according to data compiled by
California suspends Wells Fargo from state bond, investing work
San Francisco Chronicle / Posted 2 days ago
debt in California in the first half of the year, according to data compiled by Bloomberg. The firm, which trailed Citigroup Inc., handled sales of $3.9 billion in securities, or 11 percent of total issuance. The bank ranked fifth in... Read more
27 related stories
2d
Market Watch
Citigroup, Wells Fargo and other banks team up against VenmoCitigroup is among the bank’s joining a network to counter the popularity of ne
Citigroup, Wells Fargo and other banks team up against Venmo
Market Watch / Posted 2 days ago
Citigroup is among the bank’s joining a network to counter the popularity of new fintech companies like Venmo Citigroup Inc. is set to join its fellow big banks in building a peer-to-peer payments app in the hope fending off fintech upstarts like... Read more
2d
Swissinfo
Credit Suisse, Barclays Said to Be in Mortgage-Settlement Talksfor not having brought significant cases against banks and their executives tie
Credit Suisse, Barclays Said to Be in Mortgage-Settlement Talks
Swissinfo / Posted 2 days ago
for not having brought significant cases against banks and their executives tied to the crisis. JPMorgan Chase & Co., Citigroup Inc., Bank of America Corp., Morgan Stanley and Goldman Sachs Group Inc. have all settled residential... Read more
2d
Boston Globe
State Street names new financial chieffor all finance functions, including treasury, investor relations, and “expense
State Street names new financial chief
Boston Globe / Posted 2 days ago
for all finance functions, including treasury, investor relations, and “expense efficiency.” Prior to that, he worked for Citigroup Inc. for 12 years, most recently as global treasurer. He was previously a partner at Boston’s Bain & Co. and... Read more
2d
FOX Business
Solarcity Names Cfo As President Is Set To Leavedate through Tuesday, while Tesla shares have lost 14% and the S&P 500 has gain
Solarcity Names Cfo As President Is Set To Leave
FOX Business / Posted 2 days ago
date through Tuesday, while Tesla shares have lost 14% and the S&P 500 has gained 5.7%. Separately, SolarCity said it has partnered with Citigroup Inc. to create funds to finance over $347 million in solar projects. Copyright © 2016 MarketWatch, I... Read more
3 related stories
2d
FOX Business
Solarcity Names Cfo As President Is Set To LeaveTuesday, while Tesla shares have lost 14% and the S&P 500 has gained 5.7%. Sepa
Solarcity Names Cfo As President Is Set To Leave
FOX Business / Posted 2 days ago
Tuesday, while Tesla shares have lost 14% and the S&P 500 has gained 5.7%. Separately, SolarCity said it has partnered with Citigroup Inc. to create funds to finance over $347 million in solar projects. Continue Reading Below Copyright © 2016... Read more
3 related stories
2d
Reuters
Wells Fargo scandal reignites debate about big bank culturelaunched an examination of its culture that included interviews between senior
Wells Fargo scandal reignites debate about big bank culture
Reuters / Posted 2 days ago
launched an examination of its culture that included interviews between senior executives and over 16,000 employees. Citigroup Inc (C.N) also recently launched an internal video series in which senior executives discuss how they handled... Read more
419 related stories
2d
Channel NewsAsia
Wells Fargo scandal reignites debate about big bank culturelaunched an examination of its culture that included interviews between senior
Wells Fargo scandal reignites debate about big bank culture
Channel NewsAsia / Posted 2 days ago
launched an examination of its culture that included interviews between senior executives and over 16,000 employees. Citigroup Inc also recently launched an internal video series in which senior executives discuss how they handled business... Read more
419 related stories
2d
Newsmax
WSJ: Amazon to Compete With Delivery Rivals UPS, FedExthe Journal reported. “The company could save $1.1 billion annually if it stop
WSJ: Amazon to Compete With Delivery Rivals UPS, FedEx
Newsmax / Posted 2 days ago
the Journal reported. “The company could save $1.1 billion annually if it stopped using UPS and FedEx, according to Citigroup Inc. analysts. Keeping packages under its own control just over longer distances could save Amazon around $3 or... Read more
3d
Newsmax
This Is How Wall Street Is Scoring Round 1 of Clinton vs. Trumpwhat Wall Street had to say about round one of Clinton vs. Trump. Harvinder Si
This Is How Wall Street Is Scoring Round 1 of Clinton vs. Trump
Newsmax / Posted 3 days ago
what Wall Street had to say about round one of Clinton vs. Trump. Harvinder Sian, global head of G10 rates strategy at Citigroup Inc.: "The first U.S. Presidential debate has seen no knock-out performance from either candidate but with MXN FX... Read more
59 related stories
3d
Business Standard India
Markets falter for third straight day as oil prices diphas become the centre of the world's oil demand growth and the country's econom
Markets falter for third straight day as oil prices dip
Business Standard India / Posted 3 days ago
has become the centre of the world's oil demand growth and the country's economic growth will affect global commodities, Citigroup Inc said in a research note. Among key stocks, Asian Paints, TCS, Lupin, Wipro and Power Grid were up 0.3%-1%.... Read more
3d
Business Standard India
Nifty hovers around 8,750; Tata group shares gainhas become the centre of the world's oil demand growth and the country's econom
Nifty hovers around 8,750; Tata group shares gain
Business Standard India / Posted 3 days ago
has become the centre of the world's oil demand growth and the country's economic growth will affect global commodities, Citigroup Inc said in a research note. Among key stocks, Power Grid, Tata Steel, Tata Motors, TCS and Adani Ports are up... Read more
4d
Newsmax
Viacom Readies $1 Billion Bond Offering - Sourcesof the struggling media company's plan to boost liquidity, three sources told R
Viacom Readies $1 Billion Bond Offering - Sources
Newsmax / Posted 4 days ago
of the struggling media company's plan to boost liquidity, three sources told Reuters. New York-based Viacom has tapped Citigroup Inc. as one of the banks on the deal, two of the sources said on Monday. The sources wished to remain anonymous... Read more
57 related stories
4d
Business Standard India
Citi sees India growth at 8%; to help boost oil, gold demandhas become the centre of the world's oil demand growth and the country's econom
Citi sees India growth at 8%; to help boost oil, gold demand
Business Standard India / Posted 4 days ago
has become the centre of the world's oil demand growth and the country's economic growth will affect global commodities, Citigroup Inc said in a research note. The world's second-largest country by population after China will see its economy... Read more
4d
Channel NewsAsia
Viacom readies US$1 billion bond offeringof the struggling media company's plan to boost liquidity, three sources told R
Viacom readies US$1 billion bond offering
Channel NewsAsia / Posted 4 days ago
of the struggling media company's plan to boost liquidity, three sources told Reuters. New York-based Viacom has tapped Citigroup Inc as one of the banks on the deal, two of the sources said on Monday. The sources wished to remain anonymous... Read more
57 related stories
4d
Reuters
Viacom readies $1 billion bond offeringof the struggling media company's plan to boost liquidity, three sources told R
Viacom readies $1 billion bond offering
Reuters / Posted 4 days ago
of the struggling media company's plan to boost liquidity, three sources told Reuters. New York-based Viacom has tapped Citigroup Inc as one of the banks on the deal, two of the sources said on Monday. The sources wished to remain anonymous... Read more
57 related stories
4d
The Globe and Mail
What Wall Street’s watching ahead of the first presidential debatea statistical relationship with election odds in recent months.” Johanna Chua,
What Wall Street’s watching ahead of the first presidential debate
The Globe and Mail / Posted 4 days ago
a statistical relationship with election odds in recent months.” Johanna Chua, chief Asia Pacific economist at Citigroup Inc.: “Investors will be anxiously watching for the impact of this debate on support of Hillary Clinton and Donald... Read more
4d
Newsmax
Citi Warns on Gold as Bank Boosts Odds of Trump Win to 40 Percentthe presidential election and investors will be preparing for the possibility o
Citi Warns on Gold as Bank Boosts Odds of Trump Win to 40 Percent
Newsmax / Posted 4 days ago
the presidential election and investors will be preparing for the possibility of higher U.S. interest rates, according to Citigroup Inc. Volatility in bullion and foreign-exchange markets may increase, according to a commodities report from the... Read more
4d
Zero Hedge
Global Stocks Tumble, US Futures Slide On Deutsche Bank Fears, Central Bank And Commodity Concernsthe final quarter owing to the U.S. presidential election and an expected inter
Global Stocks Tumble, US Futures Slide On Deutsche Bank Fears, Central Bank And Commodity Concerns
Zero Hedge / Posted 4 days ago
the final quarter owing to the U.S. presidential election and an expected interest-rate increase by the Fed, according to Citigroup Inc. On the US calendar, the only data scheduled to be released are August new home sales and the September Dallas... Read more
6 related stories
5d
Investopedia
5 Best Credit Cards for Groceries (AXP, BAC)bonuses into a Bank of America checking or savings account.The Citi Double Cash
5 Best Credit Cards for Groceries (AXP, BAC)
Investopedia / Posted 5 days ago
bonuses into a Bank of America checking or savings account.The Citi Double Cash Card The Citi Double Cash Card by Citigroup Inc. (NYSE: C) has a rewards program that offers incentives to cardholders who pay off their balances each month.... Read more
5d
Springfield News-Sun
Springfield EF Hutton company; an historic brand, a new companysold to American Express for $1 billion. American Express merged the firm with
Springfield EF Hutton company; an historic brand, a new company
Springfield News-Sun / Posted 5 days ago
sold to American Express for $1 billion. American Express merged the firm with a Shearson Lehman Brothers subsidiary. Citigroup Inc. eventually took over the brand’s rights. But it’s a new company, stressed EF Hutton America CEO Chris... Read more
7d
Reuters
Year's busiest week for U.S. IPOs offers little comfort to banksdropped a 18.5 percent this year at JPMorgan Chase & Co (JPM.N), Wells Fargo &
Year's busiest week for U.S. IPOs offers little comfort to banks
Reuters / Posted 7 days ago
dropped a 18.5 percent this year at JPMorgan Chase & Co (JPM.N), Wells Fargo & Co (WFC.N), Bank of America Corp (BAC.N), Citigroup Inc (C.N), Morgan Stanley (MS.N) and Goldman Sachs Group Inc (GS.N), Thomson Reuters data shows. Despite an uptick... Read more
7d
Channel NewsAsia
Year's busiest week for US IPOs offers little comfort to banksdebt underwriting have dropped a 18.5 percent this year at JPMorgan Chase & Co
Year's busiest week for US IPOs offers little comfort to banks
Channel NewsAsia / Posted 7 days ago
debt underwriting have dropped a 18.5 percent this year at JPMorgan Chase & Co , Wells Fargo & Co , Bank of America Corp , Citigroup Inc , Morgan Stanley and Goldman Sachs Group Inc , Thomson Reuters data shows. Despite an uptick in IPOs since... Read more
7d
FOX Business
U.S. Judge Tells Cftc He Won't 'Rubber Stamp' Deutsche Bank Dealappeals court voided a judge's rejection of a $285 million accord between the U
U.S. Judge Tells Cftc He Won't 'Rubber Stamp' Deutsche Bank Deal
FOX Business / Posted 7 days ago
appeals court voided a judge's rejection of a $285 million accord between the U.S. Securities and Exchange Commission and Citigroup Inc. This is not the first time since then that Pauley has demanded more information before approving a... Read more
2 related stories
7d
FOX Business
U.S. Judge Tells Cftc He Won't 'Rubber Stamp' Deutsche Bank Dealappeals court voided a judge's rejection of a $285 million accord between the U
U.S. Judge Tells Cftc He Won't 'Rubber Stamp' Deutsche Bank Deal
FOX Business / Posted 7 days ago
appeals court voided a judge's rejection of a $285 million accord between the U.S. Securities and Exchange Commission and Citigroup Inc. This is not the first time since then that Pauley has demanded more information before approving a... Read more
2 related stories
7d
Channel NewsAsia
US judge tells CFTC he won't 'rubber stamp' Deutsche Bank dealappeals court voided a judge's rejection of a US$285 million accord between the
US judge tells CFTC he won't 'rubber stamp' Deutsche Bank deal
Channel NewsAsia / Posted 7 days ago
appeals court voided a judge's rejection of a US$285 million accord between the U.S. Securities and Exchange Commission and Citigroup Inc. This is not the first time since then that Pauley has demanded more information before approving a... Read more
2 related stories
7d
Swissinfo
Goldman Stays on Top for Commodities Amid Diminishing Revenuesaccording to Coalition Development Ltd., a London-based business analytics comp
Goldman Stays on Top for Commodities Amid Diminishing Revenues
Swissinfo / Posted 7 days ago
according to Coalition Development Ltd., a London-based business analytics company. JPMorgan Chase & Co. came second and Citigroup Inc. dropped to third, Coalition said in a report Friday. Revenue at the 12 banks fell by a quarter to $2.2... Read more
8d
The Globe and Mail
Gold market players see further price gainsmeans not just to the U.S. but for the global economy,” pushing gold up to $1,4
Gold market players see further price gains
The Globe and Mail / Posted 8 days ago
means not just to the U.S. but for the global economy,” pushing gold up to $1,400, David Wilson, a London-based analyst at Citigroup Inc. said in a telephone interview Tuesday. State Street Global Advisors, the investment manager for SPDR Gold... Read more
8d
Newsmax
Pension Funds Face Day of Reckoning as Investment Returns Laglight at the end of the tunnel as far as pension funding is concerned,” said Vi
Pension Funds Face Day of Reckoning as Investment Returns Lag
Newsmax / Posted 8 days ago
light at the end of the tunnel as far as pension funding is concerned,” said Vikram Rai, head of municipal-bond strategy at Citigroup Inc. in New York. “I expect funded ratios will drop further. It’ll require increased pension contributions on the... Read more
9d
Zero Hedge
"Deutsche Bank May Ultimately Need A State Bailout" - Handelsblattas of June 30 is about half of the average for the eight biggest U.S.-based fir
"Deutsche Bank May Ultimately Need A State Bailout" - Handelsblatt
Zero Hedge / Posted 9 days ago
as of June 30 is about half of the average for the eight biggest U.S.-based firms including JPMorgan Chase & Co. and Citigroup Inc. It also trails its ratio of 3.01 percent from last year. Hoenig -- among the loudest advocates for stronger... Read more
10d
Newsmax
How a 'Trump Factor' Could Be Behind the Rise in Yields That's Shaking Global Marketsspread has also seemingly benefitted the U.S. dollar and hurt emerging market c
How a 'Trump Factor' Could Be Behind the Rise in Yields That's Shaking Global Markets
Newsmax / Posted 10 days ago
spread has also seemingly benefitted the U.S. dollar and hurt emerging market currencies, SocGen's team added. Recently, Citigroup Inc. strategists suggested that long greenback, short U.S. long bonds, short stocks, and long gold positions would... Read more
10d
Newsmax
At $500 Million a Pop, It's an Oil Gamble That Has No Precedentdon’t think a simple congrats on this quarter’s cost beat is really sufficient,
At $500 Million a Pop, It's an Oil Gamble That Has No Precedent
Newsmax / Posted 10 days ago
don’t think a simple congrats on this quarter’s cost beat is really sufficient," one stunned analyst, Scott Gruber at Citigroup Inc., told Transocean executives on a conference call. “A big kudos to all of you.” Still, there are any number of... Read more
10d
Newsmax
Citigroup's Buiter: Trump Presidency Could Mean RecessionCitigroup Inc. chief economist Willem Buiter contains to paint a very bleak and
Citigroup's Buiter: Trump Presidency Could Mean Recession
Newsmax / Posted 10 days ago
Citigroup Inc. chief economist Willem Buiter contains to paint a very bleak and dire economic situation should Republican candidate Donald Trump win the White House. “A Trump victory in particular could prolong and perhaps exacerbate policy... Read more
11d
The Globe and Mail
Four simple ideas for trading a possible Trump presidencySo you want to trade Trump? Citigroup Inc. analysts have some ideas for you.
Four simple ideas for trading a possible Trump presidency
The Globe and Mail / Posted 11 days ago
So you want to trade Trump? Citigroup Inc. analysts have some ideas for you. Citi strategists led by Chief Global Political Analyst Tina Fordham double-down on their argument that markets have yet to fully price in an election win by Donald Trump.... Read more
14d
Reuters
Trump's Mexico plans reignite Banamex questions for CitigroupA Banamex bank advertisement is seen in Mexico City August 28, 2014. REUTERS/T
Trump's Mexico plans reignite Banamex questions for Citigroup
Reuters / Posted 14 days ago
A Banamex bank advertisement is seen in Mexico City August 28, 2014. REUTERS/Tomas Bravo For Citigroup Inc (C.N) executives, being asked why they won't sell their Mexican bank subsidiary Banamex is as annoying as the yapping of a Chihuahua. But the... Read more
14d
Channel NewsAsia
Trump's Mexico plans reignite Banamex questions for CitigroupREUTERS: For Citigroup Inc executives, being asked why they won't sell their Me
Trump's Mexico plans reignite Banamex questions for Citigroup
Channel NewsAsia / Posted 14 days ago
REUTERS: For Citigroup Inc executives, being asked why they won't sell their Mexican bank subsidiary Banamex is as annoying as the yapping of a Chihuahua. But the question keeps coming up. In some of the first signs of how some investors in... Read more
14d
Market Watch
Deutsche Bank rebuffs $14 billion settlement demand in U.S. mortgage probeBank is one of the largest put forward by U.S. authorities after the financial
Deutsche Bank rebuffs $14 billion settlement demand in U.S. mortgage probe
Market Watch / Posted 14 days ago
Bank is one of the largest put forward by U.S. authorities after the financial crisis. The Justice Department asked Citigroup Inc. C, +0.71% in 2014 to pay $12 billion to settle its mortgage probe, but the Wall Street bank ended up paying $7... Read more
14d
Manila Bulletin
Global Oil Glut Belies Risk From OPEC’s Dwindling Output Cushionmay jump more than 35 percent from current levels as they start to reflect the
Global Oil Glut Belies Risk From OPEC’s Dwindling Output Cushion
Manila Bulletin / Posted 14 days ago
may jump more than 35 percent from current levels as they start to reflect the risk of a supply squeeze, according to Citigroup Inc. and trader Gunvor Group. The biggest energy crash in a generation prompted the industry to cut $1 trillion in... Read more
14d
The Hill
Trump promises millions of jobs | Funding bill hits more snags | Dems run with cautious economic optimismof Federal Government Affairs at Goldman Sachs, has joined The Sternhell Group,
Trump promises millions of jobs | Funding bill hits more snags | Dems run with cautious economic optimism
The Hill / Posted 14 days ago
of Federal Government Affairs at Goldman Sachs, has joined The Sternhell Group, a lobbying firm whose clients include Citigroup Inc., Fidelity and PricewaterhouseCooper, as principal. “Amy is a true professional and will be a tremendous... Read more
15d
Market Watch
Eight years after Lehman’s fall, Wall Street is still reelingCEOs aside, they’re not living anywhere near as high on the hog. The big banks
Eight years after Lehman’s fall, Wall Street is still reeling
Market Watch / Posted 15 days ago
CEOs aside, they’re not living anywhere near as high on the hog. The big banks are chafing under much stricter regulation. Citigroup Inc. C, -0.36% and J.P. Morgan Chase & Co. JPM, -0.20% have sold off hundreds of billions of dollars of assets to... Read more
15d
The Globe and Mail
Blackstone, ArcLight to buy AEP plants for $2.2-billionenergy supplies and weak demand. “This price highlights that there is robust i
Blackstone, ArcLight to buy AEP plants for $2.2-billion
The Globe and Mail / Posted 15 days ago
energy supplies and weak demand. “This price highlights that there is robust interest in generation assets from PE shops,” Citigroup Inc. analyst Praful Mehta wrote in research published Wednesday. American Electric probably will buy back stock and... Read more
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