The Latest Breaking News from Citi

Web3, which runs on blockchain, cryptocurrencies and non-fungible tokens, is getting major support as the third generation of the internet.

Reuters Kellogg Sues British Government Over New Sugar Rules

Citi analyst Christopher Danely downgraded NXP Semiconductors NV (NASDAQ:NXPI) to Neutral from Buy with a price target of $190, down from $240 (6.8% upside), as his margin expansion thesis has played out. Danely derived his Buy thesis in February 2021 from the anticipation of superior margin/EPS upside and strength from the automotive end market.…

Two analysts remained bullish despite slashing their price targets on Microsoft Corp (NASDAQ:MSFT). Citigroup analyst Tyler Radke maintained Microsoft with a Buy and lowered the price target from $386 to $355 (24.8% upside). Amidst rising investor concerns around the sustainability of robust software demand and valuation multiples, Citi analyst Tyler Radke expects MSFT's results to…

The fintech startup’s boss always hoped it would make waves, but has only recently realised what his own career has meant to people of colour in banking

New York (AFP) - Large US banks released a deluge of mixed earnings Thursday, pointing to the continued strength of US households and businesses while warning of rising risks from inflation, geopolitical upheaval and fast-changing monetary policy.

The Q1 earnings season is officially underway, with the major US banks reporting on their performance in the three months to the end of March.

New York (AFP) - Citigroup said Thursday it set aside $1.9 billion in reserves due to Russia's invasion of Ukraine as large US banks reported mixed results amid a backdrop of geopolitical upheaval and fast-changing monetary policy.

New York (AFP) - Citigroup said Thursday it set aside $1.9 billion in reserves due to Russia's invasion of Ukraine, which was one factor driving a drop in the bank's quarterly earnings.