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The Latest Breaking News from Citi

Invest NI gave $90 billion bank that funds fossil fuels almost £40 million

They said the funding was for 2,000 jobs and they do no due diligence on the fossil fuel interests of companies

Belfast Live

Apple hits historic $3 trillion milestone

Apple Inc. made Wall Street history as the first company with a market value over $3 trillion, the latest sign of big tech’s seemingly unstoppable dominance in equity markets.

Tribune News Service

W5 nature and climate exhibition sponsored by mega fossil fuel funder Citibank

Climate activists to stage a greenwashing protest outside the education attraction in Belfast

Belfast Live

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Best Banks for High-Net-Worth Clients

These banks welcome customers who keep high balances in deposit and investment accounts, showering them with fee breaks and access to financial-planning services.

Kiplinger

Citi CEO Jane Fraser ‘certainly’ sees a slowdown, but big banks remain in ‘very strong health’

Citigroup is halfway through a turnaround that’s aiming to simplify the bank’s core business structure.

Fortune

Sunak to pledge £2.35 billion in loan guarantees at Ukraine Recovery Conference

The Prime Minister will tell the London summit that Britain will stand with Ukraine ‘as long as it takes’.

The Independent UK

Jinjer announce 2023 North American headline tour

Ukraine's Jinjer will hit the road again this autumn for a headline trek across the US and Canada

Metal Hammer

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Chinese visa applications just 35% of pre-pandemic levels, data show

Visa applications by Chinese citizens remain well below pre-pandemic levels following the lifting of travel restrictions in January, data from a specialist visa firm revealed, as the number of international flights remained limited.

Reuters

Major banks shared sensitive bonds information in online chats, CMA finds

Traders at five banks found to have discussed British government bond trading between 2009 and 2013

The Guardian - UK

Report: Tesla Has The Best Brand Loyalty Of Any Automaker

A new report by analysts Citi has revealed that Tesla continues to have the best brand loyalty in the car industry with a rating of 67%.

InsideEVs

How social goals are key to business growth

Companies are discovering how achieving social impact and making money can go hand in hand.

Fortune

Citibank CEO ‘very pleased’ First Republic’s demise eliminates the last big threat from banking's recent turmoil

With the collapse of the second-largest commercial lender in U.S. history, Citi’s Jane Fraser believes the financial sector is now poised to draw a line under the crisis.

Fortune

'Worst is over', Citi official says as bank looks to increase staff in Hong Kong

Citigroup, the biggest foreign lender in Hong Kong, will increase staff at its commercial banking unit in the city by 100 to tap growing opportunities in the Greater Bay Area, according to a senior executive.

Bangkok Post

The $100 billion meltdown of First Republic could play out 3 ways—and 2 are terrible for shareholders

The once high-flying bank has seen shareholders flee as concern mounts that the FDIC may have to step in.

Fortune

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Financial Times

Will the extraordinary boom in luxury goods ever end?

The rise of LVMH to become Europe’s first $500bn company illustrates the sector’s seemingly unstoppable growth

The Guardian - US

Climate protesters call out US banks for funding fossil fuel projects

Offices of Citibank in New York and Wells Fargo in San Francisco targeted by activists urging shareholders to act

Financial Times

Why Europe’s stock markets are failing to challenge the US

In the second part of a series, the European dream of building bourses to rival those in America faces practical, political and cultural obstacles

The Independent UK

Trudeau, Macron set for Global Citizen NOW conference in NYC

Canadian Prime Minister Justin Trudeau, French President Emmanuel Macron, and European Commission President Ursula von der Leyen will join business, political and philanthropic leaders, as well as celebrities, including Hugh Jackman and John Legend, for this year’s edition of the Global Citizen NOW conference in New York City starting April…

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StockNews.com

1 Pharma Stock You'll Regret Not Buying Earlier

The long-term prospects of Merck (MRK) look bright due to its latest acquisitions and solid drug pipeline. Therefore, investing in this stock could help generate substantial returns in the long run. Keep reading….

Fortune

The 10 best personal loans for April 2023

We compared personal loans across 17 financial institutions and weighed loan amounts, terms, associated fees, customer service options, and more.

Barchart

S&P Futures Muted as Investors Await Key U.S. Payrolls Data, Recession Fears Intensify

June S&P 500 futures (ESM23) are trending down -0.08% this morning after three major U.S. benchmark indices ended the regular session mixed as weaker-than-estimated economic data fueled worries that the Federal Reserve’s rate-hike campaign could push the U.S. economy into a recession, while investor focus shifted to key Friday’s U.S.…

Barchart

S&P Futures Tick Lower as Recession Fears Intensify

June S&P 500 futures (ESM23) are trending down -0.22% this morning after three major U.S. benchmark indices ended the regular session mixed as weaker-than-estimated economic data fueled worries that the Federal Reserve’s rate-hike campaign could push the U.S. economy into a recession.

Belfast Live

Belfast Council and Citi Bank team up for employment academy

There will be info sessions on the academy on Tuesday April 18 at the Maldron Hotel

Fortune

'We view this as an irrational market,' Citigroup analysts worry that major bank stocks like Deutsche Bank are cratering for psychological reasons

Citi really fears the "knock-on impact from various media headlines on depositors psychologically," regardless of whether the initial reasoning was correct.

Fortune

Citi boss blames banking crisis on a few black sheep: ‘This is not a credit crisis’

Silicon Valley Bank and Credit Suisse only really have themselves to blame for their collapse, argued the native Scot.

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