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2023-11-15 04:41:40 ET All eyes are on California, where U.S. President Joe Biden and his Chinese counterpart Xi Jinping will meet on the sidelines of the Asia-Pacific Economic Cooperation summit on Wednesday to help cool escalating tensions between the countries. Xi will also ...
Citi has developed an innovative application that uses blockchain infrastructure to price and execute bilateral spot foreign-exchange (FX) trades. The application is a part of Project Guardian (i) , a collaborative initiative by the Monetary Authority of Singapore (MAS) and the financial ...
2023-11-13 15:24:46 ET The Asia Pacific Economic Cooperation (or APEC) Summit, happening from Nov. 11–17 in San Francisco, could be beneficial for the U.S. in terms of business with China, said Anja Manuel, Aspen Strategy Group’s executive director. The U.S. is in a strong...
Citi’s Issuer Services, acting through Citibank, N.A., has been appointed by Will Semiconductor Co., Ltd. Shanghai (“Will Semiconductor”) to act as the Depositary Bank for its Global Depositary Receipt (“GDR”) Program. Will Semiconductor’s GDR Program...
2023-11-11 16:13:00 ET More on the U.S. Banking Sector Banks, Federal Reserve need to be ready for bank liquidity stresses: Dallas Fed's Logan Silicon Valley Bank was not a one-off, many more banks will fail - Duke professor Liquidity Is Still An Issue For Our Banks ...
2023-11-11 09:49:00 ET More on Disney Disney: Still Hold - Rebound Loading Disney Q4 Earnings: A Good Quarter, But Not Enough To Justify A Buy Rating The Walt Disney Company (DIS) Q4 2023 Earnings Call Transcript Disney drops amid delay of Marvel movies ...
2023-11-11 04:19:18 ET Summary Many banks have reported significantly larger unrealized securities losses in 3Q as interest rates rose in the quarter. The unrealized losses have grown so large as to be orange flags for a few banks. One of the reasons there could be new increas...
2023-11-08 09:18:34 ET More on Citigroup Citigroup: Can Jane Fraser Save Citi? Silver Beech Capital - Citigroup: Cheaper Than It Has Ever Been Citigroup considers cutting 10% of staff from several major businesses - report (updated) For further details see: ...
2023-11-08 03:52:00 ET Americans' credit card debt swelled to a record $1.08T in Q3, up $154B from Q3 2022, amid strong consumer spending, according to the Federal Reserve Bank of New York. This marks the largest increase since the NY Fed began tracking household debt in 1999. Tota...
2023-11-07 09:19:01 ET More on Dow Jones US Banks Index: Fed's Sept. 19-20 meeting: Downside risks to the economic outlook to watch Wall Street Breakfast: The Week Ahead 3 Reasons to Consider Real Estate Credit Right Now For further details see: Recession...
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Citi today announced the launch of its annual CitiFX Vendor Review, which provides the broadest view of FX vendors and a comprehensive analysis of the FX landscape for the benefit of clients and FX providers. The review highlights where strategic venue and vendor partners can improve based on...
2024-07-26 14:53:00 ET In this podcast, Motley Fool host Dylan Lewis and analysts Bill Mann and Jason Moser discuss: Cava CEO Brett Schulman spoke at FoolFest 2024 and we're sharing a portion of his conversation with Motley Fool analyst Kirsten Guerra about his company's stellar per...
2024-07-23 10:02:34 ET Analysts at U.S. bank %Citigroup (NYSE: $C) have upgraded the stock of %Cryptocurrency exchange %Coinbase (NASDAQ: $COIN) to a “buy” rating from “neutral” previously. Citigroup also raised its price target on Coi...