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Morgan Stanley profit beats estimates with higher investment banking, wealth revenue
reuters.com/business/finance/morgan-stanleys-profit-rises-investment-banking-recovers-2024-04-16/
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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Citigroup Claims New York Attorney General’s Online Fraud Suit Is ‘Misguided’: Citigroup Inc. asked a judge to throw out a suit by the State of New York over ...
bloomberg.com/news/articles/2024-04-02/citigroup-claims-new-york-ag-s-online-fraud-suit-is-misguided
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Mongolia ex-PM accused of buying luxury Manhattan flats with corrupt funds: US federal prosecutors say he bought apartments just blocks away from New York's ...
bbc.com/news/world-asia-68672230
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/
BlackRock issued warning over 'misleading statements' tied to ESG funds: BlackRock was issued a legal warning by the U.S. state of Mississippi over
reuters.com/sustainability/boards-policy-regulation/blackrock-issued-warning-over-misleading-statements-tied-esg-funds-2024-03-27/
Citigroup urges dismissal of 'misguided' New York lawsuit over fraud scams: Citigroup on Tuesday urged a federal judge to dismiss New York Attorney General ...
reuters.com/legal/citigroup-urges-dismissal-misguided-new-york-lawsuit-over-fraud-scams-2024-04-02/
LG Group to invest $74.4 bln over next 5 years: South Korean conglomerate LG Group will invest 100 trillion won ($74.42 billion) within the country over the next ...
reuters.com/business/autos-transportation/hyundai-motor-group-invest-68-trln-won-over-3-years-2024-03-27/
Quick Glance: LG Group to Invest $74.4 Bln Over 5 Years
- LG Group plans to invest 100 trillion won ($74.42 billion) domestically over the next five years to maintain competitiveness.
- Half of this investment will be directed towards future technologies such as artificial intelligence, environmentally friendly technologies, batteries, auto parts, and displays.
- A detailed breakdown of the investments by affiliate companies like LG Electronics, LG Chem, and LG Energy Solution has not been provided yet.
- The LG Group aims to strengthen its position in various growth fields and drive technological advancements through these investments.
Man randomly slashed in Midtown Manhattan subway station: The 24-year-old victim was on the mezzanine level of the 47th-50th Sts./Rockefeller Center subway ...
nydailynews.com/2024/04/15/man-randomly-slashed-in-midtown-manhattan-subway-station/
Chipotle's board approves 50-for-1 stock split: Chipotle Mexican Grill said on Tuesday its board had approved a 50-for-1 split of its common stock ...
reuters.com/business/retail-consumer/chipotles-board-approves-50-for-1-stock-split-2024-03-19/
Jurors selected for Trump criminal trial in New York: "We have our jury," Judge Juan Merchan said before the 12 were sworn in, and watched by the ...
channelnewsasia.com/world/jurors-selected-trump-criminal-trial-new-york-4274531
Quick Glance: Twelve Jurors Seated in Trump's Hush Money Trial
- A jury of 12 individuals was empaneled on Thursday in the landmark hush money trial of former President Donald Trump, bringing the proceedings closer to opening arguments and the commencement of weeks filled with compelling testimonies.
- The upcoming trial is anticipated to present unfavorable testimonies regarding Trump's personal life pre-presidency, including accusations of manipulating business records to suppress narratives in the final days of the 2016 election surrounding his intimate relationships.
- Central to the trial is a payment of $130,000 made by Cohen just before the 2016 election to adult film actress Stormy Daniels, aimed at preventing her allegations of a sexual encounter with Trump from being publicized in the campaign's final stretch.
- The selection of the jury holds paramount significance in any criminal proceeding, particularly so when the accused is a former president and the presumed Republican candidate. Potential jurors have undergone extensive scrutiny concerning their online presence, personal backgrounds, and political stances as legal representatives and the judge meticulously scrutinize for partialities that could compromise their impartiality.
Citigroup is laying off hundreds of employees in New York and Florida: The bank said it plans to cut 20,000 jobs over the next two years as part of a ...
qz.com/citigroup-is-laying-off-hundreds-of-employees-1851379771
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Sean 'Diddy' Combs allegations: Timeline and what to know : Sean “Diddy” Combs has a lengthy list of alleged legal troubles, including recent sexual assault ...
nbcnews.com/news/us-news/diddy-lawsuits-timeline-allegations-what-know-rcna145335
Quick Glance: Firearms Discovered at Sean 'Diddy' Combs' L.A. and Miami Properties, Sources Say
- During searches of Sean 'Diddy' Combs' properties in Los Angeles and Miami, federal agents found firearms, as confirmed by three informed sources on Tuesday. Homeland Security Investigations executed search warrants from the U.S. District Court for the Southern District of New York on Monday and confiscated the music mogul's phones in Miami before his planned trip to the Bahamas. According to a source familiar with the matter, Combs is under a federal criminal investigation due to multiple lawsuits filed against him in recent months.
- Reportedly, Combs has been involved in numerous civil lawsuits since November, following a lawsuit from his former romantic partner Cassie, who accused him of physical and sexual abuse over several years. Combs has denied each of the sexual assault allegations, calling them 'sickening.' In February, a former employee who worked for Combs from September 2022 to November 2023 filed a lawsuit alleging sexual harassment, drugging, and threats.
- The cases are ongoing, and Combs has maintained his denial of the allegations. A man arrested on drug charges at a Miami airport on Monday is said to be an associate of Combs. Brendan Paul, 25, was arrested at the Miami-Opa Locka Executive Airport on suspicion of possessing suspected cocaine and suspected marijuana candy. Court records indicated that Paul was released on bond on Tuesday.
Citigroup CEO faces growth challenge as overhaul rattles employees: Citigroup investors have rewarded CEO Jane Fraser with a share price boost after Fraser ...
reuters.com/markets/us/citigroup-ceo-faces-growth-challenge-overhaul-rattles-employees-2024-04-09/
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/
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/
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/
How canny foreigners are investing their way into a green card: Thanks to shifts in the long-standing EB-5 program, foreigners can fast-track their way to a ...
nypost.com/2024/03/30/real-estate/canny-foreigners-are-investing-their-way-into-a-green-card/
The rape and sex trafficking allegations against Diddy, explained: Raids on homes connected to Diddy are part of a larger investigation, sources say.
vox.com/culture/24006759/puffy-diddy-sean-combs-cassie-rape-lawsuit
Quick Glance: Sean 'Diddy' Combs: Raids and Potential Legal Ramifications
- A federal investigation and raids at Sean 'Diddy' Combs' homes have raised questions about the rapper and music mogul.
- It is speculated that the searches are linked to several civil lawsuits filed against the music mogul.
- Experts speculate on the potential implications of the raids on Combs' professional future.
- Legal actions could stem from the current developments, including allegations from alleged victims.
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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Billionaire Rupert Murdoch is taking an L on a Manhattan penthouse, slashing the asking price nearly 40% to $38.5 million
fortune.com/2024/04/09/billionaire-rupert-murdoch-manhattan-penthouse-asking-price/
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Citi, JPMorgan See Carry Trade Revive as Fed Hawkishness Spreads: Emerging-market currencies will be attractive for carry traders as hawkishness has been ...
bloomberg.com/news/articles/2024-04-26/citi-jpmorgan-see-carry-trade-revival-as-fed-hawkisness-spreads
Citi (C) Global Wealth CIO David Bailin to Leave the Bank on May 15: Citigroup Inc.’s chief investment officer for its wealth division, David Bailin ...
bloomberg.com/news/articles/2024-04-15/citigroup-wealth-cio-david-bailin-to-leave-the-bank-next-month
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Citi Q1 results: Profit drops as costs rise on employee severance: Net income fell to $3.4 billion, or $1.58 per share, in the three months ended March 31 ...
business-standard.com/world-news/citi-q1-results-profit-drops-as-costs-rise-on-employee-severance-124041200800_1.html
Alexander's: Hold On To This 8.8% Yield From New York City: Read about Alexander's, a REIT with an 8.8% dividend yield and a solid dividend coverage ...
seekingalpha.com/article/4684990-alexanders-hold-on-to-this-8_8-percent-yield-from-new-york-city
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Citigoup discontinues offering of certificates in Europe: Papers without trading will be delisted and only cash prizes will be available for all other papers.
boerse-frankfurt.de/nachrichten/citigoup-stellt-angebot-an-zertifikaten-in-europa-ein
Citigroup marks $483m charge for reorganisation : Net income at the US bank, which has a significant presence in Ireland, fell to $3.4bn in the three months to ...
irishexaminer.com/business/companies/arid-41373046.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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Top Asia ECM Underwriter Sees More Activity in Taiwan, Korea - Bloomberg: More Taiwanese chip, semiconductor firms and their holders are seeking to raise funds ...
bloomberg.com/news/articles/2024-04-03/top-asia-ecm-underwriter-sees-more-activity-from-taiwan-korea
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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