Citigroup Stock News

Bridgewater Associates added shares of big banks to its portfolio in the third quarter, securities filings showed, ahead of a rally that followed Donald Trump's victory in the U.S. presidential election.

Key Points Large Cap financials underperformed for much of the last two years The biggest banks also have strong brokerage units Investors looking to add quality banking names may want to enlist the help of an experienced financial advisor.

Citi and the Bank of Shanghai have teamed to streamline payments for visitors to China. The payments solution announced by the two banks Wednesday (Nov.

The future could see more megamergers, middle-market deals and initial public offerings.

TORONTO--(BUSINESS WIRE)--Satellos Bioscience Inc. (TSX: MSCL, OTCQB: MSCLF) (“Satellos” or the “Company”), a clinical-stage biotechnology company developing life-improving medicines to treat degenerative muscle diseases, announced today its financial results and corporate highlights for the three months ended September 30, 2024. All references to currency in this press release are in Canadian ...

Pent-up demand for mergers and acquisitions (M&A) activity has been released by the election of Donald Trump, Citigroup CEO Jane Fraser said Tuesday. Speaking with Bloomberg Television, Fraser said the bank's clients had been waiting to begin M&A activity and are now focused on doing so, Bloomberg reported Tuesday.

SHANGHAI--(BUSINESS WIRE)--Today, Citi (NYSE: C) and Bank of Shanghai launched a first-of-its-kind payments solution on Bank of Shanghai's TourCard. The TourCard aims to provide international travelers a straightforward, cost-efficient and more streamlined Chinese yuan renminbi (CNY) payment journey while traveling in China. The payment service is facilitated by Citi's industry-leading USD Clea...

As indicated by the rise in US bank shares after Donald Trump was declared victor in the race for the White House, the outlook for the banking sector is looking brighter, including a new swathe of industry consolidation For a start, a higher terminal interest rate from the Federal Reserve is likely, with 3.75-4.00% possible at the end of 2025, the UBS analysts said, 100 basis points higher than...