Hints and tips:
Related Special Reports
...The company noted that much of the capital it does have is used to maintain margin requirements with the prime brokers across Wall Street that lend to Jane Street, supercharging its trading operations....
...Citigroup lifted chief executive Jane Fraser’s pay by 6 per cent in 2023 to $26mn for her work, despite the bank’s profits falling almost 40 per cent amid a reorganisation....
...Citigroup has lifted chief executive Jane Fraser’s pay by 6 per cent in 2023 to $26mn, despite the bank’s profits falling almost 40 per cent amid a sweeping reorganisation....
...Jane Street estimated fourth quarter Ebitda in the $2.2 billion to $2.7 billion range, which would put the full-year figure around $7.1 billion to $7.6 billion, less than the year prior....
...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....
...The 1.5-metre whip has bulked out and reached 3 metres, with an eventual height of 5 metres....
...Marla Aaron gold Number 6 charm, £1,320, farfetch.com Brunello Cucinelli cotton poplin tuxedo shirt, £780, mrporter.com 1960s Sam Maloof wooden music stand, $25,990, 1stdibs.com Carl Auböck brass Musical...
...Shares in Citi fell 1.7 per cent on Friday, but less than those of rival JPMorgan Chase, which ended the day 6.5 per cent lower....
...Parity would require a further drop of almost 6.5 per cent....
...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....
...Jane Owen is an FT contributing editor Find out about our latest stories first — follow @FTProperty on X or @ft_houseandhome on Instagram...
...The unemployment rate is just 6.1 per cent, up from 5 per cent in March 2022, shortly after Russia launched its full-scale invasion of Ukraine, but still “one of the lowest rates since reunification” in...
...Jane Turton, chief executive, and Sara Geater, chief operating officer, will continue to lead the company....
...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....
...At 6 per cent, it remained much higher in the UK last month than in the US or the eurozone....
...But when it does, the country must be ready to rebuild. Even amid the destruction, this is a nation planning for reconstruction....
...Switching to interest-only does cut monthly payments substantially....
...On the face of it, Kering’s deal does not look too bad. The group is getting 11,800 square metres, of which more than 5,000 is retail space....
...The company had previously hired its UK delivery couriers, which it still does in continental Europe....
...Reporting by Peter Foster, Anna Gross, Jane Croft, Sarah Neville, Chris Cook and George Parker...
...Jane Fraser, chief executive, admitted that the performance was “very disappointing” but said the bank had made “substantial progress simplifying Citi and executing our strategy” and forecast that 2024 would...
...Stephen Gandel I think if you let’s say we’re sitting here five years from now and Jane has accomplished everything that she’s wanted to do. What does Citi look like?...
...An easy access savings account that paid 2.49 per cent on July 6 is now paying 2.6 per cent....
...At Citi, the metric eked out a 1 per cent year-on-year gain but fell quarter on quarter....
International Edition