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Latest C News From Around the Web
Below are the latest news stories about Citigroup Inc that investors may wish to consider to help them evaluate C as an investment opportunity.
The COVID-19 crisis has been the great accelerator in many areas. This unprecedented crisis has also exposed Citigroup's (C) strategic vulnerabilities inherent in its business model. Putting it simply, running an emerging-markets global consumer bank under the umbrella of a globally-systemic bank in hindsight is completely sub-optimal (if not insane!)....
Ex Standard Life boss Keith Skeoch is facing a delay to being made chair of the Financial Reporting Council, according to reports. Skeoch stood down from the top of Standard Life Aberdeen in June, and former Citigroup executive Stephen Bird officially took over his role in September. In August, reports emerged that Skeoch was due […] The post Former Standard Life boss has appointment to audit watchdog delayed appeared first on Money Marketing .
Bank of America (BAC) is one of the most highly regarded financial stocks on both Seeking Alpha and Wall Street in September 2020. It is Warren Buffett’s favorite bank holding at Berkshire Hathaway (BRK.A, BRK.B). As a result of Mr. Buffett's position, many investors believe this corporation is the “safest”...
To review, Fater Belbachir joined Citigroup (C) last month from Barclays, tasked with putting a charge into the bank's equities business. There's also the upcoming exit of Michael Corbat from the CEO spot, to be replaced by Jane Fraser, the current head of Citi's Consumer Banking unit.According to a CNBC story, Belbachir...
The moves are just the first steps that Fater Belbachir, who joined Citigroup from Barclays last month to jump-start the firm's equities business, is expected to take.
Citigroup's Ray McGuire turns to tech exec Charles Phillips as advisor for likely NYC mayoral campaign
Citigroup executive Ray McGuire is turning to former Infor CEO Charles Phillips as an advisor for what appears to be a likely run for mayor of New York.
The U.S. Federal Reserve will curb big bank capital distributions through the end of the year, meaning the likes of JPMorgan Chase & Co
The importance of tech occupiers to Asia’s office landlords was underlined yet again today when Amazon was reported to be taking over three floors in a trophy office tower in Singapore from Citigroup. Also in the news,… Read More>> The post Amazon to Lease Three Floors in Singapore’s Asia Square and More Asia Real Estate Headlines appeared first on Mingtiandi .
Citigroup sees demand from the official sector rising to about 450 tonnes after a drop to 375 tonnes this year.
Written by Nick Ackerman, co-produced by Stanford Chemist The Flaherty & Crumrine Preferred and Income Securities Fund (FFC) is currently trading around its average premium. This has come as the volatility of the last couple of weeks has brought the double-digit discount to a mid-single digit premium of 5.62%. Funds...