Citigroup
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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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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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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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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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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…
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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…
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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…
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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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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…
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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,…
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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…