The Business Times

Citigroup

Banking & Finance

Citi revenue beats in every division as compensation costs climb

he forecast follows a strong quarter for Citigroup, whose traders posted their best second quarter in five years, buoyed by record trading volumes.
Banking & Finance

Citigroup sees investment-banking fees, markets up mid-single digits

Under the agreement, some CIM employees will join BlackRock as portfolio managers for Citi clients.
Wealth & Investing

BlackRock to run US$80 billion for Citi as bank refocuses wealth unit

Stablecoins are cryptocurrencies pegged to a fiat currency or another asset, commonly the US dollar.
Banking & Finance

Citigroup considers custody and payment services for stablecoins, crypto ETFs

Jignesh Patel reports to the bank’s global heads of prime services Sebastien Mailleux and Tim Tomalin-Reeves.
Banking & Finance

Citigroup hires Goldman, Millennium alum for Asia prime finance

Citigroup is under investigation by the Justice Department over its handling of Kerimov’s money.
Banking & Finance

Citigroup oversaw US$1 billion in deals for trust while sanctioned oligarch held concealed interest

A screen shows trading of the S&P 500 Index after the closing bell on the floor at the NYSE in New York, U.S., June 26, 2025. REUTERS/Jeenah Moon
Companies & Markets

Citigroup lifts S&P 500 year-end target to 6,600

Revenue from the bank’s fixed-income trading business has soared 20% to US$4.3 billion in the second quarter.
Banking & Finance

Citigroup reshuffles rates business with a heightened focus on Japan

Citigroup has also ramped up investor visits to China’s second- and third-tier cities.
Banking & Finance

Citigroup hiring for Asia rates, prime teams on hedge fund flows

The ‘Strata Elite’ card will feature an annual fee of US$595, a price that the bank says can unlock almost US$1,500 in value if used to its maximum potential.
Banking & Finance

Citi charges US$595 for ‘Strata Elite’ credit card to rival Amex, Chase

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