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Citi’s Net Interest Income Falls
Barrons.com· 6 days agoCiti had reported $13.9 billion of net interest income during the second quarter of 2023. Net interest income reflects the difference between what banks...
Fraser Says Citi’s Wealth Business Is ‘Starting to Improve’
Barrons.com· 6 days agoHere are the results for wealth management relative to a year ago: + **Net income:** $210 million,...
Markets Sell the News After Satisfying CPI
Zacks via Yahoo Finance Canada· 6 days agoSheraz Mian would tell you Q2 earnings season already started when FedEx FDX and NIKE NKE reported a week ago. All three big banks bring a Zacks Rank #3...
Ethereum could rally 60% following ETH ETF launch
The Forex Market· 1 day agoEthereum ETFs will push ETH to a new all-time high above $5,000, says Bitwise. Citi predicts ETH ETFs will attract around $5 billion in net inflows...
Powell opens key week of Fedspeak as rate cut case develops
Reuters via Yahoo Finance Canada· 3 days agoFederal Reserve Chair Jerome Powell on Monday kicks off what is shaping up as a key week of...
Oil prices gain 2% on big US storage withdrawal, weaker US dollar
Reuters via Yahoo Finance Canada· 1 day agoNEW YORK (Reuters) -Oil prices climbed about 2% on Wednesday on a bigger-than-expected weekly drop...
Citi appoints James Morris as new head of UK commercial bank
Reuters via Yahoo Finance Canada· 3 days agoHe will report to the head of Citi's commercial bank, Tasnim Ghiawadwala, and its UK cluster and banking head, Tiina Lee. Banking is a
Inflation Weighs on Nation’s Largest Banks
New York Times· 6 days agoJPMorgan and Wells Fargo reported that overall deposits dropped. At Citi, losses piled up from credit. Stubborn inflation is taking a toll on the nation...
Netflix earnings preview: Investor expectations high as stock flirts with records
Yahoo Finance· 16 hours ago"The potential for AI tools to dramatically reduce the barriers to entry in premium, professional...
UAE Hotel Group Hires Citi, First Abu Dhabi Bank for Catering Unit IPO
Bloomberg· 2 days agoAbu Dhabi National Hotels has picked banks for a planned initial public offering of its catering...