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The Latest Breaking News from Citi

Are you a frequent traveler craving a credit card with flexible perks?

A straightforward credit card earning a solid 1.5% cash back is a great starting point for those dipping their toe into credit card rewards.

Fortune

Paralympian and Retired Army Vet Christy Gardner Forges Her Own Business Path Through Service

After serving overseas, Gardner has shifted her focus to helping others through her passion for athletic competition and community service.

Sports Illustrated

Wall Street’s most powerful woman shakes up Citibank in bid to narrow gap with rivals: ‘We’ll be saying goodbye to some very talented and hard-working colleagues’

Frustrated that Citi is 'seriously underestimated', Fraser bills her plan as the most consequential change in the way the bank runs in nearly 20 years.

Fortune

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Thousands of jobs and millions in funding announced for NI ahead of summit

Wednesday’s investment summit will see 200 international delegates visit Belfast.

The Independent UK

Citi Plans to Put You Into 'Relationship Tiers' Next Year

New Citi structure for retail accounts resembles travel rewards programs that offer more perks as balances increase.

Kiplinger

Oil’s historic price surge in 2008 will look like ‘child’s play’ compared with the expected copper boom by 2025, Citi says

“Copper’s eventual bull run is likely to make oil’s famous 2008 rally look like child’s play,” Citi’s managing director for commodities research, told clients.

Fortune

DirecTV and Notre Dame Football Fly Above Nexstar Blackout with 4K Channel, New Sponsorship Deal

DirecTV hasn't been able to fix the biggest station blackout ever, but it just joined Citi, Allstate and Howard Bailey as Notre Dame sports sponsors

Broadcasting & Cable

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The Ultimate Warren Buffett Stock to Buy Right Now

Apple stock is the single biggest holding for Warren Buffett's Berkshire Hathaway. Here's why AAPL stock looks like a good buy after a tough August.

Barchart

Protect seniors from real-life horror show of financial exploitation

In one case, a Citi — or Citibank — executive allegedly used the sheen and reputation of a respected business to fleece her victims with a movie-making scam.

Chicago Sun-Times

Citi VP, wealth adviser in Chicago accused of steering older clients into money-losing film projects

Helen Grace Caldwell also made horror films — and, the Cook County public guardian’s office says in a lawsuit, solicited older bank clients to put money into her side movie projects.

Chicago Sun-Times

As Climate Crisis Worsens, Debate Heats Up Over Transition to Clean Energy and Bank ‘Greenwashing’

More banks targeted for financing fossil fuel activity, including via a ‘hidden pipeline.’

Capital & Main

Italy’s new affordable housing weapon is a 40% windfall tax on banks

The tax is intended as a one-off levy on bank profits made in 2023 and could help offset mortgage costs for Italians, especially first-time home-buyers.

Fortune

The 2 Best AI Stocks to Buy in August

Some skeptics see a bubble forming in artificial intelligence, but there are still exciting opportunities to bet on future growth. Here's why Amazon and Nvidia are two AI stocks worth adding to your portfolio right now.

Barchart

Wells Fargo Active Cash® Card review: Flat 2% cash back on all purchases and no annual fee

Whether you’re opening your first rewards card or you’re looking to add a high-octane cash back card to your wallet, the Wells Fargo Active Cash is among the best.

Fortune

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Zenger

AMD Q2 Results Beat Expectations, Guidance Disappoints

Analysts maintain mixed ratings as AI chip uptake remains uncertain

Barchart

Stocks Set to Open Higher as Investors Await U.S. Payrolls Data and More Big Tech Earnings

September S&P 500 futures (ESU23) are up +0.11%, and September Nasdaq 100 E-Mini futures (NQU23) are up +0.09% this morning as market participants geared up for more corporate earnings results while also looking ahead to Friday’s nonfarm payrolls report.

Barchart

Stocks Set to Open Mixed as Investors Await U.S. Payrolls Data and More Big Tech Earnings

September S&P 500 futures (ESU23) are up +0.01%, and September Nasdaq 100 E-Mini futures (NQU23) are down -0.03% this morning as market participants geared up for more corporate earnings results while also looking ahead to Friday’s nonfarm payrolls report.

Barchart

Stocks Set to Open Slightly Higher as Investors Await U.S. Payrolls Data and More Big Tech Earnings

September S&P 500 futures (ESU23) are up +0.07%, and September Nasdaq 100 E-Mini futures (NQU23) are up +0.03% this morning as market participants geared up for more corporate earnings results while also looking ahead to Friday’s nonfarm payrolls report.

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The Independent UK

Citigroup says some predecessor companies likely saw indirect financial benefits from slavery

Some of the companies that formed what is now Citigroup likely benefitted financially from slavery in the 1800’s, the financial giant acknowledged Thursday, an admission that comes at a time when numerous institutions are re-examining their historic roots and the roles they played in slavery in the U.S. In research…

The Independent UK

Positioning procurement as a strategic function

THE ARTICLES ON THESE PAGES ARE PRODUCED BY BUSINESS REPORTER, WHICH TAKES SOLE RESPONSIBILITY FOR THE CONTENTS

The Guardian - UK

From sold-out Adele tickets to an elephant for your wedding: the perks of banking with Coutts

Private bank offers exclusive services to its wealthy clients, who include Emma Watson and Stormzy

Barchart

Stock Index Futures Muted Ahead of Key U.S. Retail Sales Data, U.S. Bank Earnings on Tap

September S&P 500 futures (ESU23) are down -0.03%, and September Nasdaq 100 E-Mini futures (NQU23) are down -0.10% this morning as market participants braced for the next round of quarterly reports while also awaiting crucial U.S. retail sales data.

Fortune

Citi CEO Jane Fraser: 'We must be proactive about embracing A.I.—it's an essential part of winning in the digital era'

Generative A.I. has the potential to revolutionize all functions across the banking industry, according to Fraser.

Birmingham Post

Fastening firm Trifast investing in West Midlands distribution centre after £120m financing deal

'Substantial investment' at site after milestone deal

Fortune

Citi CEO Jane Fraser on leading with empathy

The Citi CEO believes in leading with empathy.

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