Citi on Wednesday raised its oil price outlook for 2025 due to geopolitical risks centred on Russia and Iran, but noted prices were likely to ease through the second half of the year. "The oil outlook could see heightened,
Leaders at Citi's technology unit and its 'crown jewel' services unit have announced a raft of changes as key leaders step down.
The bank is among traditional financial institutions attempting to counter the gains rivals have made in buy now/pay later.
Citigroup Inc.’s top investment banker says US corporates are on the hunt for overseas deals thanks to a strong dollar, an easier regulatory regime and a widening gap in the multiples at which international companies are being valued.
Among those innovations is Citi Payments Express, the bank’s “simplified banking platform.” The bank converted 4 million retail bank customers to the platform in 18 countries. The bank spent $11.8 billion on technology in 2024, with a focus on digital innovation, new product development, client experience and cybersecurity.
Shares of United Microelectronics (NYSE:UMC) fell about 4% on Tuesday after fourth quarter results missed estimates and Citi double downgraded the stock to Sell from Buy. Citi said that the near-term downside is well anticipated,
Citigroup cut its closely watched profitability target in 2026 as it tackles rising regulatory expenses and, at the same time, announced a $20 billion share buyback program.
Citi worked on deals in the consumer sector worth a cumulative $39.36bn. Houlihan Lokey was appointed an adviser on 29 transactions.
BLOOD-curdling screams were heard as a Citibank boss was “bludgeoned to death” inside her luxury flat before her killer “fled the UK”. Police are still on the hunt for
Citi (C)group must face a lawsuit by New York Attorney General Letitia James which alleges it failed to protect customers from online scammers
Amid a host of factors impacting the oil and gas industry, foreign brokerage Citi is bullish on OMCs after the recent correction.
The successor to the Citi Prestige, dubbed the Citi Strata Elite, could be released in 2025. Here's what I want to see from statement credits, lounge access, earning rates and transfer partners.