Citibank News
Federal Reserve scrutiny grows as Warsh backs Inspector General review of Bowman dinner
Questions over Federal Reserve ethics and communications controls are intensifying after a Senate hearing exchange focused on Vice Chair Michelle Bowman's private dinner with Bank of America ...
Citi technology strategy centers on broad AI adoption over granular employee tracking
Citi is pushing to expand artificial intelligence use across its workforce as it tries to modernize operations and move beyond years of technology strain and regulatory scrutiny. The bank's ...
Airtel Africa expands banker roster for London IPO of mobile money unit
Airtel Africa is moving closer to a London flotation of its mobile money business as soon as the second half of this year, in a deal that could become one of the city’s largest recent listings. ...
Wall Street banks post strong quarterly profits as executives warn peak conditions may not last
Wall Street lenders are delivering a powerful second quarter, supported by brisk dealmaking, strong trading activity, and heavy financing demand tied to AI infrastructure. Executives say the ...
Wall Street banks see AI financing cycle lifting deals and fees
Technology companies' race to build AI infrastructure is driving a new wave of capital raising, lending and advisory work for major Wall Street banks. Bank executives say the investment push is ...
Bank and tech stocks swing as earnings, guidance and analyst calls move shares
Midday trading is being driven by a fresh wave of earnings reports, company outlook changes and analyst actions across banking, technology and healthcare stocks. Big moves include sharp gains for ...
Wall Street banks post record trading revenues on AI-driven equities boom
A surge in trading tied to artificial intelligence-linked stocks and major listings is pushing Wall Street's biggest banks to record quarterly results. JPMorgan Chase, Goldman Sachs, Citigroup and ...
Citigroup beats profit estimates on trading and investment banking strength
Strong market volatility and a rebound in dealmaking are lifting results across major U.S. banks in the second quarter. Citigroup posts its highest quarterly revenue in a decade, helped by surging ...
Citigroup expands London bullion role with clearing bank membership
London’s physical gold market is adding its first new clearing member in a decade as Citigroup broadens its precious metals business amid sharp swings in gold and silver prices. The move raises ...
Oppenheimer cuts ratings on U.S. investment banks, favors alternative asset managers
U.S. financial stocks are diverging in premarket trading after Oppenheimer took the unusual step of lowering its stance on several top investment banks. The brokerage says strong operating ...
Wall Street analysts launch and revise ratings across tech, energy and consumer stocks
Fresh analyst actions at the start of the week span semiconductors, software, energy infrastructure and consumer names, highlighting where brokerages see valuation gaps and earnings momentum. ...
Citadel backing of U.S. soccer coach highlights Griffin’s role in national team rebuild
The U.S. men's national soccer team reaches the knockout rounds of the 2026 World Cup after a turnaround that traces back to a private funding push nearly two years ago. Citadel founder Ken ...
U.S. banks raise dividends after Fed stress test
Major U.S. banks are increasing capital returns after the Federal Reserve releases the results of its latest stress test. The moves include higher quarterly dividends at several lenders and new or ...
Britain's finance sector shows resilience after Brexit, despite lost market share
Ten years after warnings that Brexit would severely damage Britain's financial industry, London's banking and investment sector remains highly active and continues to attract major corporate ...
Citi hires Deutsche Bank banker to lead EMEA M&A
Citi is reshaping its mergers and acquisitions leadership in Europe, the Middle East and Africa as it continues an investment banking hiring push under its newer leadership team. William Mansfield ...
Morningstar DBRS finalises ratings on UK SME loan securitisation notes
A UK small business loan securitisation backed by Funding Circle-originated loans moves ahead with final credit ratings for three note classes. The transaction covers a GBP353.3 million static ...
Morningstar DBRS upgrades four Citigroup Commercial Mortgage Trust 2020-420K classes
Strong operating performance at a Brooklyn multifamily-backed commercial mortgage transaction is supporting higher credit ratings for several bond classes. The review covers debt tied to the 416 ...
Citigroup faces retaliation lawsuit over Trump client risk concerns
A former Citigroup managing director alleges the bank pushed her out after she raised compliance and risk concerns tied to client onboarding in its wealth business. The lawsuit, filed anonymously ...
Wells Fargo asset cap lift fails to drive stock rerating
A year after Wells Fargo exits the Federal Reserve's $1.95 trillion asset cap, investors are still waiting for the stronger growth and earnings momentum many expected. The bank's shares remain ...
SpaceX IPO leads Friday market watch as oil falls and AI chip stocks gain
Investors head into Friday's session with risk appetite improving as hopes for a U.S.-Iran peace deal weigh on oil and support stock futures. The market focus also turns to SpaceX's debut, ...
Bletchley Park Funding 2025-1 notes draw upgrades after annual Morningstar DBRS review
Credit performance in the UK buy-to-let mortgage securitisation remains stable as arrears stay low and cumulative losses remain at zero through the May 2026 payment date. That backdrop supports ...
