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CITIGROUP BANK NEWS
OpenAI has discussed adding Citigroup, JPMorgan to bank lineup for IPOOpenAI filling out its roster of underwriters would bring it a step closer to an IPO, which could come later this year. A confidential IPO ...- SpaceX lowers IPO valuation target to at least $1.8 trillionBloomberg News reported in April that SpaceX was aiming for a valuation above $2 trillion. The target is settling lower after consultations...
- US companies, shamed by Trump, tiptoe into $166 billion tariff refund raceAfter a landmark Supreme Court ruling, U.S. businesses are strategically striving to salvage billions in refunds from now-invalid tariffs. ...
- JPMorgan rolls out AI tools in investment banking globally, senior banker saysJPMorgan is widely implementing AI tools across its global investment banking operations, signaling a significant shift in the sector. The ...
- US market today: Citigroup targets stronger profitability as CEO Fraser drives overhaulCitigroup unveiled ambitious profitability targets for 2027-2028, aiming for 11-13% adjusted return on tangible common equity, with further...
- Why are US stock market futures up today, and will S&P 500, Dow Jones and Nasdaq stay in green or turn red again? Wall Street futures, US stocks to watch, analysts insights, market outlookWhy are US stock market futures up today, and will S&P 500, Dow Jones and Nasdaq stay in green or turn red again? Futures moved higher as i...
- Bessent, Powell warned bank CEOs about Anthropic model risksThe meeting, held at the Treasury Department in Washington on Tuesday, was aimed at ensuring banks are aware of the potential risks posed ...
- Elon Musk asks SpaceX IPO banks to buy Grok AI subscriptions, NYT reportsSome banks have agreed to spend tens of millions of dollars a year on the chatbot and have begun integrating it into their IT systems, the ...
- SpaceX IPO: Elon Musk asks SpaceX IPO banks to buy Grok AI subscriptions. Here's whyMorgan Stanley, Goldman Sachs, JPMorgan Chase , Bank of America and Citigroup are serving as active bookrunners, or the lead banks managi...
- US stocks: Citigroup dismisses report of potential US regional bank acquisitionCitigroup has denied a Bloomberg report suggesting it was considering acquiring a U.S. regional bank, stating the speculation is "baseless....
- Citi appoints Prashant Thakker head of corporate bank for South and Southeast AsiaCitigroup has appointed Prashant Thakker as Head of the Asia South Corporate Bank, effective immediately, according to an internal memo. He...
- Reliance Communications told bondholders they're on par with lenders: CitigroupBondholders told they will be treated the same as bank lenders in terms of their ability to recover funds.
- It's time for Vikram Pandit to deliver: AlwaleedSaudi investor Prince Alwaleed bin Talal told Citigroup CEO that his 'honeymoon is over' after two years in the top job. Interview mistakes...
- Citigroup closes $8.7 bn sale of Japanese brokerageCitigroup Inc. has completed the sale of its Japanese brokerage to Sumitomo Mitsui Banking Corp. in a $8.7 billion deal that advances the U...
- Sumitomo Mitsui, Citigroup reach deal on brokerageSumitomo Mitsui is taking over Citigroup's Japan brokerage businesses, both sides said on Friday, as part of a plan to restructure the stru...
- Citigroup to cut 1,000 jobs at Japan unitCitigroup Inc. will slash some 1,000 jobs at its Japanese brokerage unit as part of the ailing U.S. banking giant's efforts to survive the ...
- Citigroup, US in talks for potential bailout: reportsUS authorities are considering a rescue plan for banking giant Citigroup after a 50 pc plunge in its stock value last week led executives t...
- Citigroup talking to US govt as shares diveDesperately seeking endorsement from govt or another capital injection from Treasury; CEO Pandit’s future may be uncertain.
- Citigroup sues Wachovia, Wells Fargo, for $60 bnCitigroup on Monday sued rival Wells Fargo & Co and Wachovia for $60 bn in punitive and compensatory damages.
- Wells Fargo blocked from buying Wachovia: CitiThe fight over control of Wachovia intensified on Saturday, as a judge temporarily agreed to block the sale of the bank by Wells Fargo, Cit...
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