Hints and tips:
Related Special Reports
...The sum lifted profits over the past 12 months to roughly $7.4bn....
...We est. that Citi’s market value implies an ROTCE of only about 5-6%, or about half Citi’s target of 11-12% in 2025E-2026E. (c) 1 LOB (“Services”) = almost all of Citi’s market cap....
...Make a note for your diaries: Caerhays gardens reopen on February 12 2024....
...Crunch time is fast approaching for Jane Fraser. Since taking the helm at Citigroup in March 2021, the 56-year-old has cut jobs and ditched retail banking operations in 14 overseas markets....
...Thirds”, Op 25 No 6)....
...Staunton had accused Read of bullying the business’s former human resources director, Jane Davies, the author of the “Speak Up” document....
...The partnership generated $6.8bn in revenue for Delta last year. That worked out to nearly 12 per cent of group total. On a profit level, the card deal carries even more weight....
...The pound climbed 0.6 per cent to a seven-month high of $1.2893 against the US currency on Friday, before paring gains to end the week at $1.2857....
...Aixtron: Shares gained 6.5 per cent through read-across after fellow US chip supplier Advanced Materials gained 12 per cent in extended trading....
...Traders now expect UK interest rates to peak at 6.25 per cent, the highest level since 1998, with stubbornly high inflation stoking bets on further tightening....
...Over the past 12 months, the KBW bank index has gained more than 20 per cent, compared with the 6 per cent increase for the regional banking index. The gap will persist. pan.yuk@ft.com...
...It was 6.4 per cent in the most recent quarter. Citi will be hard pressed to reach its medium-term target of 11 per cent to 12 per cent ROTCE....
...“It does not have to be this way,” it said....
...On Monday, the average rate on a two-year fixed mortgage rose to 6.78 per cent compared to the average rate of 5.12 per cent on a two-year savings product, according to Moneyfacts....
...cash and process payments for multinational companies, by 6 per cent....
...First launched in 2018, the bag has become a word-of-mouth sensation, with sales doubling in the past 12 months. The functionality has again been carefully considered....
...Among the adult population as a whole, smoking has gone from a majority activity to one that just 12.9 per cent of the country does....
...True, just rerouting excess capital does not expand its business....
...What does not make sense, if private equity is leveraged equity, is that the correlation between public and private equity should be just 0.6....
...Switching to interest-only does cut monthly payments substantially....
...Today, Hemsley does sound baths in London, with an evening residency at Notting Hill’s Bodyism....
...Yet the adage that size matters does seem to still hold true stateside, where margins are thin and competition to acquire new customers fierce....
...Among the respondents, 33.7 per cent were from the private sector; 24.5 per cent from the government; 23.6 per cent from academia, think-tanks and research institutions; 12.7 per cent from non-government...
...Porsche shares are 6 per cent lower over the same period. Its valuation has slipped to 15 times forward earnings....
...Galloway won nearly 40 per cent of the vote at 12,335 votes, and Tully came in second at 6,638 votes. It does suggest a couple of things about the national picture, though....
International Edition