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Citigroup
Environmental, Social and Governance
Citigroup, Bank of America leaving global climate banking alliance
The largest US financial institutions are under increasing pressure from Republican lawmakers to distance themselves from industry groups that support reducing carbon emissions.
17 days ago
Banking & finance
Morgan Stanley joins US peers in putting Mideast HQ in Riyadh
Morgan Stanley got regulatory approval to locate its Middle East headquarters in Saudi Arabia, joining Wall Street rivals including Citigroup and Goldman Sachs Group.
November 25, 2024
Banking & finance
Citi gets nod from Saudi Arabia for regional HQ in Riyadh
The Wall Street behemoth received the approval from the Ministry of Investment Saudi Arabia, according to a memo to staff.
November 22, 2024
Company in the news
Citigroup’s China head exits after less than a year in role
Citigroup’s country officer and head of banking for China Luke Lu is departing after being in the role for less than a year.
November 01, 2024
New appointments
Millennium hires former Citigroup APAC equity trading head
Large multi-strategy hedge funds are hiring from banks and rivals as they seek to capture talent and boost their dominance.
September 17, 2024
Banking & finance
Citigroup plans to hire talent in Hong Kong in wealth push
The bank’s investments business in Hong Kong is up almost 20% y-o-y.
September 16, 2024
Results
UOB’s 2QFY2024 net profit meets expectations; management discusses upside of Citi integration
UOB's 2QFY2024 and 1HFY2024 net profit was in line with expectations. Management also discussed Citi integration during briefing.
August 01, 2024
Banking & finance
Citi fined US$136 mil for failing to fix regulatory issues
The Federal Reserve said Wednesday that its penalty was for Citi violating an enforcement action from 2020.
July 11, 2024
Investing strategies
Citi says Wall Street is wrong to slash Fed rate-cut bets
Citi is sticking by its forecast for five-quarter point cuts this year
April 18, 2024
Banking & finance
Women CEOs face challenges
Women CEOs face challenges in all fields, especially banking
January 17, 2024