Leaders at Citi's technology unit and its 'crown jewel' services unit have announced a raft of changes as key leaders step down.
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.
Amid a host of factors impacting the oil and gas industry, foreign brokerage Citi is bullish on OMCs after the recent correction.
Citi worked on deals in the consumer sector worth a cumulative $39.36bn. Houlihan Lokey was appointed an adviser on 29 transactions.
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,
Citi (C)group must face a lawsuit by New York Attorney General Letitia James which alleges it failed to protect customers from online scammers
Citigroup beat estimates for fourth-quarter profit, fueled by strength in trading and dealmaking, and announced a $20 billion buyback program as it cut a closely watched return target. Shares of the third-largest U.
Citi initiates Aadhar Housing Finance coverage, forecasting 42% growth. Is it AHFL's tech boost and market expansion? Read to know more.
Citigroup said its board of directors authorized a new multiyear $20 billion stock buyback program that will begin in the first quarter of 2025, helping to trigger a surge in the share price. CFO Mark Mason said the planned buyback reflects confidence in the bank’s strategy.
Citigroup’s fourth-quarter results just landed. The bank swung to a profit, boosted by stronger revenue in divisions including equity markets and investment banking. Some key numbers: Net income came in at $2.
Citi Pharma Limited (PSX: CPHL) was incorporated in Pakistan as a private limited company in 2012 and was converted into a public unlisted company in 2020. CPHL was listed on the Pakistan Stock Exchange in 2021. The company is engaged in the manufacturing and sale of pharmaceuticals, medical chemicals, and botanical products.