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...The firm, which trades tens of thousands of products, including currencies, exchange traded funds and options, reported profits of $5.9bn in 2023 and $6.7bn in 2022....
...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....
...It also accounts for 16 per cent of total state spending and is equivalent to 6 per cent of Russia’s gross domestic product....
...The 1.5-metre whip has bulked out and reached 3 metres, with an eventual height of 5 metres....
...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....
...ploy: a 6,700km trek through 15 states....
...Based on reporting by Roman Olearchyk, Christopher Miller, Ben Hall, Max Seddon, John Paul Rathbone, John Reed, Guy Chazan, Henry Foy, Mehul Srivastava, Polina Ivanova and Tim Judah....
...(The New Yorker) Jane Coaston puts important questions to polling expert David Byler, among them: should voters and readers trust polling?...
...Waitrose’s sales rose 5 per cent to £7.7bn, driven by an average 6.6 per cent increase in prices. Sales at John Lewis were down 4 per cent to £4.8bn....
...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...
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...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....
...john.thornhill@ft.com...
...With economies growing fast, Asian military budgets have typically accounted for between 1.6 per cent and 1.8 per cent of GDP....
...In January, the company’s net sales fell 1.4 per cent to $11bn in the six months to December, down 0.6 per cent on a like-for-like basis....
...Independent curators Jane Neal and Fru Tholstrup are organising a selling show based on the colour red that goes on view at Phillips London (March 16-24). “Red presents a dichotomy....
....” ★★★☆☆ Episodes 1 and 2 on Apple TV+ from March 15; new episodes released weekly Find out about our latest stories first — follow FTWeekend on Instagram and X, and subscribe to our podcast Life and...
...The bank’s lawyers have previously described the USVI suit as “meritless”, and Jane Doe’s complaint as “directed at the wrong party”....
...Indonesia’s stock market hit a record high on Tuesday after core inflation fell to a two-year low of 1.8 per cent....
...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....
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