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Citigroup: Inside the Bank Unit Plagued by Harassment and Drugs: Interviews with 22 people suggest long-standing dysfunction inside the big bank’s equities ...
bloomberg.com/news/articles/2024-03-23/citigroup-inside-the-bank-unit-plagued-by-harassment-and-drugs
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Quick Glance: Revealed Issues at Citigroup's Bank Unit
- Reports of repeated harassment and discrimination in Citigroup's equities unit in New York point to concerning culture.
- Despite efforts towards equality, Citigroup's stock-trading unit stood out negatively in an industry grappling with such challenges for decades.
- Accounts included open harassment of female employees by male colleagues and instances of drug use in the workplace.
- Citigroup has taken steps to address misconduct, such as warning investment bankers to control their drinking and investigating a verbal altercation involving a senior dealmaker in the equity capital markets group.
Citi Sells Investors LVMH Exposure With Rare Exchangeable Bond: Citigroup Global Markets Holdings Inc. offered convertible bond investors a chance to get ...
bloomberg.com/news/articles/2024-03-27/citi-sells-investors-lvmh-exposure-with-rare-exchangeable-bond
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Citi Strategists Downgrade US Tech Stocks as Rally to Broaden: The US stock rally is set to broaden out beyond technology, according to Citigroup Inc ...
bloomberg.com/news/articles/2024-03-29/citi-strategists-downgrade-us-tech-stocks-as-rally-to-broaden
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Citigroup North America Technology ECM Co-Head Is Said to Leave: Citigroup Inc.’s North America co-head of technology and communications equity capital markets ...
bloomberg.com/news/articles/2024-03-28/citigroup-north-america-technology-ecm-co-head-is-said-to-leave
Citigroup says CEO's sweeping reorganization complete: Citigroup said on Monday a sweeping reorganization aimed at simplifying the most global Wall Street bank ...
reuters.com/business/finance/citigroup-says-reorganization-has-concluded-2024-03-25/
Citi Cuts London Investment Bankers as Wall Street Deal Drought Persists: Citigroup Inc. is cutting jobs in its investment banking division in London ...
bloomberg.com/news/articles/2024-03-20/citi-cuts-london-investment-bankers-as-drought-in-deals-persists
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Citi lays off 10 research staff in Asia Pacific as part of global revamp, sources say
reuters.com/business/finance/citi-lays-off-10-research-staff-asia-pacific-part-global-revamp-sources-say-2024-03-27/
Europe’s Record Stock Rally Has Further Room to Run, Says Citi: European stocks have another 6% to climb this year from current record-high levels ...
bloomberg.com/news/articles/2024-03-22/europe-s-record-stock-rally-has-further-room-to-run-says-citi
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UAE: Lulu appoints banks for $2 billion IPO in second half of year - News | Khaleej Times
khaleejtimes.com/business/markets/uae-lulu-appoints-banks-for-2-billion-ipo-in-second-half-of-year
Quick Glance: LuLu Plans Billion-Dollar IPO in Abu Dhabi and Riyadh
- LuLu Group International has appointed banks for one of the largest IPOs in the Middle East this year.
- The company could raise up to $2 billion and is planning a listing in Abu Dhabi in the second half of the year.
- A dual listing in Riyadh is also being considered, with representatives of the involved banks and LuLu declining to comment.
- LuLu was valued at over $5 billion in 2020 and was founded by Yusuff Ali in the early 1990s.
Citi UK Chief Points to Hiring Now Overhaul Is Done: Citigroup Inc.’s UK chief executive officer Tiina Lee said the bank’s management overhaul was over and it’s ...
bloomberg.com/news/articles/2024-03-26/citi-uk-chief-points-to-selective-hires-now-overhaul-is-done
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India Liquidity Comfort Signals Start of Easing Cycle, Citi Says: The improvement in India’s banking liquidity has pushed key overnight rates lower toward the ...
bloomberg.com/news/articles/2024-03-15/india-liquidity-comfort-signals-start-of-easing-cycle-citi-says
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Citi (C) Pays New Wealth Head Andy Sieg $11.3 Million for First Quarter at Bank: Citigroup Inc. paid new wealth management chief Andy Sieg $11 ...
bloomberg.com/news/articles/2024-03-19/citi-pays-new-wealth-head-sieg-11-3-million-for-first-3-months
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Citigroup has sold most non-US consumer businesses as revamp progresses: Citigroup has sold its non-U.S. consumer businesses in nine out of 14 regions and ...
reuters.com/business/finance/citigroup-has-sold-most-non-us-consumer-businesses-revamp-progresses-2024-03-19/
Options Traders Unease Focuses on CPI More Than Fed, Citi Says: The options market is more concerned about a potentially big S&P 500 move on Tuesday’s ...
bloomberg.com/news/articles/2024-03-11/options-traders-unease-focuses-on-cpi-more-than-fed-citi-says
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Raymond James Hires 10 from Citi’s Closing Muni-Bond Group: Raymond James Financial Inc. is the latest firm to snap up executives from Citigroup Inc ...
bloomberg.com/news/articles/2024-03-11/raymond-james-hires-10-from-citi-s-closing-muni-bond-group
Citigroup wealth unit taps Weintraub from UBS to lead family office group: Citigroup hired Richard Weintraub from UBS to head its wealth management group ...
reuters.com/business/finance/citigroup-wealth-unit-taps-weintraub-ubs-lead-family-office-group-2024-03-20/
Exclusive: Citigroup is investigating workplace harassment allegations made by at least one employee against a senior US banker who works on IPOs ...
reut.rs/3wUNzyE
Citi’s Top Tokyo Banker Predicts Deal Surge After Stagnation: Citigroup Inc.’s top investment banker in Japan expects merger business in the country to double in ...
bloomberg.com/news/articles/2024-03-14/citi-s-top-tokyo-banker-predicts-deal-surge-after-stagnation
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Lulu Group International said to tap banks for IPO: Retail conglomerate chooses ADCB, Citigroup Inc., Emirates NBD Capital, HSBC Holdings Plc
gulfnews.com/business/retail/lulu-group-international-said-to-tap-banks-for-ipo-1.101765680
Citi puts pay-equity analysis on hold amid cuts to its workforce: The megabank, which is eliminating about 5,000 jobs in a first round of restructuring ...
americanbanker.com/news/citi-puts-pay-equity-analysis-on-hold-amid-cuts-to-its-workforce
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Hayes Jury Was Unfairly Influenced Over Libor, Lawyers Say: Lawyers for ex-UBS Group AG and Citigroup Inc. trader Tom Hayes asked London judges to overturn his ...
bloomberg.com/news/articles/2024-03-14/hayes-jury-was-unfairly-influenced-over-libor-lawyers-say
Citigroup expects BoE rate cuts from June, not August: Citigroup said it expects the Bank of England (BoE) to start lowering interest rates this year ...
reuters.com/markets/rates-bonds/citigroup-brings-forth-boe-rate-cut-expectation-june-august-2024-03-13/
Barclays and Citigroup are cutting investment banking jobs as big banks continue layoffs
qz.com/barclays-citigroup-layoffs-job-cuts-1851355766
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Why Texas Is Banning BlackRock (BLK), Citi (C), Other Banks Over ESG Investing: Texas passed two laws in 2021 that restrict government contracts with companies ...
bloomberg.com/news/articles/2024-03-20/why-texas-is-banning-blackrock-citi-other-banks-over-esg-investing
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New details emerge about Citigroup division beset by sexual harassment: A Bloomberg report has new details about Citigroup's equities division's toxic culture ...
businessinsider.com/citigroup-stock-trading-equities-division-sexual-harassment-2024-3
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BYD: Citi remains extremely bullish: BYD records lower growth in Q4 2023, but plans 20% more sales in 2024.
deraktionaer.de/artikel/aktien/byd-citi-bleibt-extrem-bullish-20354012.html
London financial center: Libor traders fail in appeal court: Tom Hayes and Carlo Palombo wanted to reopen the Libor financial scandal. Now their only option is ...
handelsblatt.com/finanzen/banken-versicherungen/finanzplatz-london-libor-haendler-scheitern-vor-berufungsgericht/100028302.html
Citi’s Lekkas, Co-Head of European Dealmaking Unit, to Depart: Citigroup Inc.’s Linos Lekkas, who’s been helping lead the firm’s investment banking arm across ...
bloomberg.com/news/articles/2024-03-28/citi-s-lekkas-co-head-of-european-dealmaking-unit-to-depart
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Citigroup: Bull Run Towards Triple-Digit Share Valuation May Have Started: Citigroup's macroeconomic backdrop is favorable, with expectations of rate cuts and ...
seekingalpha.com/article/4681219-citigroup-bull-run-towards-triple-digit-share-valuation-may-have-started
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Steward-Citigroup deals questioned by Massachusetts senators: The senators are focusing on a financial adviser that helped facilitate sale-leaseback deals ...
bostonglobe.com/2024/03/28/business/steward-citigroup/
Citigroup: Mediocre Fundamentals But Relatively Cheap: Citigroup, the 4th largest U.S. bank by assets on the balance sheet, offers a variety of lending and ...
seekingalpha.com/article/4680701-citigroup-mediocre-fundamentals-but-relatively-cheap
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Citi’s Jane Fraser tells employees to ‘believe’ while suggesting more job cuts: Fraser says ‘major changes’ will be completed this week but the bank may say ...
marketwatch.com/story/citis-jane-fraser-tells-employees-to-believe-while-suggesting-more-job-cuts-a7cc873a
Citigroup Crisis: Allegations of Sexual Harassment and Poor Performance: Bloomberg reports new allegations of sexual harassment and underperformance at ...
businessinsider.de/wirtschaft/citigroup-krise-vorwuerfe-der-sexuellen-belaestigung-und-schlechten-leistung/
Fed's interest-rate decision makes bank stocks more attractive: analyst: KBW bank analyst Chris McGratty says bank-funding costs will go down as rates ease
marketwatch.com/story/why-bank-stocks-are-extending-gains-after-the-feds-decision-to-keep-interest-rate-cuts-on-the-table-74bc2fe6
Citigroup announces Irish job cuts with 168 roles at risk: A spokesperson for Citigroup said that its European headquarters in Dublin would remain an ‘important ...
businesspost.ie/news/citigroup-announces-irish-job-cuts-with-168-roles-at-risk/
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Delivery Hero: Top in the MDAX - that provides confidence: Delivery Hero buys back convertible bonds, strengthens financial position; Citi confirms buy ...
deraktionaer.de/artikel/aktien/delivery-hero-spitze-im-mdax-das-sorgt-fuer-zuversicht-20353324.html
BYD: Citi with mega price target: Citi sees 113% potential for BYD shares, expects strong increase in sales figures and margins.
deraktionaer.de/artikel/aktien/byd-citi-mit-mega-kursziel-20353251.html
BYD: Shares receive a strong buy signal: BYD stock near buy signal: clears GD50, targets GD200, could rise 17%.
deraktionaer.de/artikel/aktien/byd-aktie-vor-starkem-kaufsignal-20353156.html
Apple with signs of life - is the trend reversal now possible?: Apple shares recover, Citigroup confirms buy recommendation, Epic Games is allowed to offer ...
deraktionaer.de/artikel/aktien/apple-mit-lebenszeichen-gelingt-jetzt-die-trendwende-20352542.html
Pfandbrief bank: Citigroup with harsh verdict: Citigroup confirms sell recommendation for Pfandbrief bank with target price of EUR 3.60 despite market recovery.
deraktionaer.de/artikel/fintech-versicherung-banken/pfandbriefbank-citigroup-mit-hartem-urteil-20352545.html
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