Hints and tips:
...But, of course, there’s a reason why it’s widely called Shitibank; the sprawling, gormless Citi has for a v v v very long time proven adept at blithely ambling onto various rakes around the world....
...Citigroup declined to comment....
...The $19.7bn iShares ESG Aware MSCI USA ETF accounted for $1.8bn of those outflows. Overall, the fund bled $318mn last year, separate Morningstar data shows....
...In addition to a $200mn settlement reached with JPMorgan Chase in December, the Securities and Exchange Commission and Commodity Futures Trading Commission said on Tuesday that Bank of America, Citigroup...
...The metaverse economy could grow to $8tn-$13tn by 2030, according to a recent Citigroup report....
...The combined PNC-BBVA USA will be the fifth-largest retail bank in the US behind JPMorgan Chase, Bank of America, Wells Fargo and Citigroup, which each have assets of at least $2tn....
...If there is a sense from this earnings season that confidence in a V-shaped recovery for profits is misplaced, then the impact will probably be hardest on companies with weak balance sheets, and on those...
...“Markets are pricing a V [shaped recovery], everyone’s coming back to work, and this is going to be fine,” Mr Falco said. “I don’t think it’s going to be that easy quite frankly.”...
...Equity strategists at Citigroup highlighted several risks to shares, even while they raised their forecasts for the S&P 500 this year....
...said Mike Corbat, Citigroup’s chief executive. “I would say that, as a team, we've pretty well discounted a uniform V-shaped recovery....
...Inc — in other words offering a dire signal on the outlook”....
...Mr Burke, 57, chief executive of HSBC USA since 2014, will retire in October and be replaced by an outsider, Michael Roberts, who previously led Citigroup’s global corporate bank....
...HSBC is replacing the chief executive of its US operation with a veteran of rival bank Citigroup as the lender tries to turn the struggling business round....
...DD’s Indap v NYU’s Damodaran: Is stock compensation good or bad?...
...Campari will be hard hit by COVID-19 due to high On Trade exposure, especially in core markets of Italy and the USA....
...The trio of Bank of America bankers are also flanked by a pair of Citigroup executives: Stephen Trauber and Mark Shafir....
...WPP will also reduce is planned capex from £400m to v£300m....
...The USA (#4) and Portugal (#9) were already excluded from the list and the Spain decision will not imbue confidence that others destinations won’t be excluded at short notice....
...“A baby, gasping on an abortion clinic table, should not be left to die,” Republican Ben Sasse, the Nebraska senator wrote in an op-ed for USA Today....
...The US Olympic Committee’s Athlete Career and Education Program — which helps current and retired Team USA athletes access education, develop career readiness skills and find jobs — has identified 10 traits...
...The 1984 case, formally known as “Chevron USA Inc v Natural Resources Defense Council Inc” formalised the legal doctrine that requires judges to defer to administrative agencies’ interpretation of federal...
...Online-only banks such as the UK’s Atom and the US’s Bank of the internet USA have won customers from bricks-and-mortar based banks....
...William Hague, former Tory party leader, and wife Ffion came up to old chum and private equity legend Guy Hands and confessed they’d just come from the Citigroup entertainment tent....
...services division’s poor operating performance seem rather imprecise at this stage, particularly as regards the weak showings from certain contracts and from the healthcare and education segments in the USA...
...Citigroup has paid a $250m penalty, Barclays $115m, Goldman Sachs $120m and Royal Bank of Scotland $85m to settle charges of attempted Isdafix manipulation....
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