Citigroup Faces Saudi Setback as Billionaire Backer Arrested

EghtesadOnline: Citigroup Inc. may face new obstacles to rebuilding its Saudi Arabia business after the bank’s longstanding shareholder and promoter was arrested in an anti-corruption drive.

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Publish Date:06/November/2017 | 11:59

BOE Reviews Consumer Credit Surge as Citigroup Warns of `Bubble'

EghtesadOnline: U.K. regulators are starting a review into consumer borrowing after the Bank of England warned again about a potentially unsustainable buildup of debt.

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Publish Date:27/March/2017 | 13:19

Sales scandal costs Wells Fargo; JPMorgan and Citi please Wall Street

EghtesadOnline: JPMorgan Chase and Citigroup trounced third-quarter estimates on Friday on a sharp rebound in trading revenues while Wells Fargo & Co barely beat expectations as a sales scandal engulfed the bank.

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Publish Date:15/October/2016 | 05:30

Itaú to pay $220 million for Citigroup 's Brazil assets

EghtesadOnline: Itaú Unibanco Holding SA agreed on Saturday to pay 710 million reais for the retail banking assets of Citigroup Inc in Brazil, further cementing the leadership of Latin America's No. 1 bank by market value among wealthy clients in the country.

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Publish Date:09/October/2016 | 10:15

Citi Warns on Gold as Bank Boosts Odds of Trump Win to 40%

EghtesadOnline: Gold may be in for a bumpy ride in the final quarter as Republican candidate Donald Trump now has a 40 percent chance of winning the presidential election and investors will be preparing for the possibility of higher U.S. interest rates, according to Citigroup Inc.

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Publish Date:28/September/2016 | 07:51

Citigroup Accelerates Saudi Return Plans With Megabond Mandate

EghtesadOnline: More than a decade after quitting Saudi Arabia, Citigroup Inc. is winning more high-profile deals in the kingdom and quietly plans to compete for more.

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Publish Date:26/September/2016 | 08:38

Dubai Said to Work With Citigroup on Sale of Bank Muscat Stake

EghtesadOnline: Dubai Financial Group LLC is working with Citigroup Inc. to find a buyer for its stake in Omani lender Bank Muscat SAOG after the sale was triggered by an agreement with creditors, according to people familiar with the matter.

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Publish Date:08/September/2016 | 09:43

Citi CEO seen asking for more patience as targets still elusive

EghtesadOnline: Earlier this year, an analyst asked Citigroup Inc Chief Executive Michael Corbat what he would do if activist investors tried to shake things up after what seems like eons of underperformance.

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Publish Date:18/August/2016 | 11:01

Wall Street Banks Warn Winter Is Coming as Business Cycle Peaks

EghtesadOnline: HSBC Holdings Plc, Citigroup Inc. and Morgan Stanley see mounting evidence that global markets are in the last stage of their rallies before a downturn in the business cycle.

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Publish Date:23/August/2017 | 04:54

OPEC Output Deal ‘More Likely Than Not,’ Citigroup ’s Morse Says

EghtesadOnline: OPEC and Russia will probably be able to reach an accord to reduce crude production and boost prices, according to Ed Morse, head of commodity research at Citigroup Inc.

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Publish Date:05/November/2016 | 05:43

The Bot Economy Is Growing Even Faster Than the App Economy Did

EghtesadOnline: Move over apps, it's time for the bots to shine. A new note from Citigroup Inc. highlights just how much faster the bot economy is growing than the app economy did in its early days.

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Publish Date:17/September/2016 | 10:19