Citi, Wells Fargo join $105 million round for crypto trading infra firm Talos

Talos, a crypto trading infrastructure firm that provides tooling for institutional investors across the trade lifecycle, has raised $105 million in a Series B round as it plans global expansion. Grow...

Citi Trader’s Error Leads to $315 Billion Flash Crash in Europe Stocks

As trading operations will continue in the Nordic markets, there is a risk of monetary and reputational damage to Citi. Currently, Citigroup is in talks with regulators and exchanges about the inciden...

Former CEO of Citi Wealth Management

Lately, the prospect of an economic slowdown has struck fear into traders and economists alike. This month, The World Bank slashed its projection for global economic growth. The Dow (^DJI) fell 810 po...

Predictions from Wall Street, Goldman Sachs, Citi, SocGen

As French voters head to the polls Sunday, Wall Street is forecasting market upset if far-right candidate Marine Le Pen proves victorious. Timothy A. Clary | Afp | Getty Images French voters head to t...

Citi Partners with EBANX to Facilitate Institutional Clients in Latin America

Citi, NYSE-listed financial services giant, confirmed yesterday that its Treasury and Trade Solutions (TTS) has entered into an agreement with EBANX, a global payment processor, to provide an end-to-e...

Citi and State Street Participate in FundGuard’s $40 Million Funding

FundGuard, an AI-powered SaaS investment management and asset servicing enterprise platform, has recently secured funding worth $40 million in its Series B investment round. Through the funding, the c...

Citi stalwart joins Franklin Templeton Institute to spearhead digital asset research

Sandy Kaul, Citi Prime Finance’s former global head of business advisory services, has started a new role as senior vice president at Franklin Templeton. In a LinkedIn post, the Citi veteran wro...

Citi analyst: SPX could climb back to 4,700 by the end of the year

U.S. equities seem to be losing steam again, with the S&P 500 index down 5.0% over the past two weeks. Still, Citi’s Scott Chronert remains moderately positive on the market. Chronert defend...

Former Citi Triune Releases Latest Crypto Investment Firm

Former Citi exec trio have released a specialized investment management organization for cryptocurrency to tap into the evolving virtual asset space. Details regarding this new organization are still ...

Former Citi Execs Launch New Crypto Investment Company

A trio of former Citi executives have launched a specialized investment firm for crypto assets to tap into the growing digital assets space. Three former co-heads of digital assets at Citi have launch...

Former Citi trio launch crypto investment management firm

A trio of former Citi executives have formed a new investment management firm dedicated to crypto named Motus Capital. The company is the brainchild of Alex Kriete, Greg Girasole and Frank Cavallo — e...

Metaverse Economy Has Potential to Reach $13 Trillion, Says Citi

Citi, one of the largest financial services providers in the world, has recently released a report on the future of Metaverse. The report noted that the economy around Metaverse has the potential to h...

Citi Sees the Metaverse to Reach $8 Trillion to $13 Trillion by 2030

Citi, a leading American multinational investment bank, expects the metaverse to be worth between $8 trillion and $13 trillion by 2030. Despite the metaverse concept being around for a few decades, in...

Citi Believes That The Virtual World Might Represent The $13 Trillion Potential

JPMorgan made its first venture into the metaverse by opening an Onyx Lounge in Decentraland, making it the first bank to do so. JPMorgan estimates that the metaverse may generate $1 trillion in annua...

Metaverse May Be Worth $13 Trillion By 2030, US Banking Giant Citi Says

Citi is the latest banking behemoth to give an optimistic forecast for the metaverse, which envisions the internet’s future as a collection of decentralized technology and virtual environments. Accord...

The Metaverse Could Balloon Into $13,000,000,000,000 Market by 2030, According to Banking Giant Citi

Banking giant Citi thinks that more than 60% of the global population could be using the metaverse by 2030. In a new report, the multinational financial institution says the metaverse’s total addressa...

Citi Is Outlandishly Optimistic About Metaverse’s Future, Foresees A $13 Trillion Economy By 2030 ⋆ ZyCrypto

Advertisement &nbsp &nbsp American investment bank Citi sees the metaverse economy growing to as large as $13 trillion by 2030. Citi also projected that metaverse users could ...

Metaverse A $13 Trillion Opportunity- Citi Group

The interest in the virtual world has gained momentum since the latter half of 2021. The non-fungible tokens (NFTs) sales also spiked following the announcement of various projects. Considering many v...

Investment Bank Citi Is Bullish on the Metaverse, Predicts $13 Trillion Economy

In brief Investment bank Citi said in a Thursday report that the metaverse economy could reach $13 trillion by 2030. But it will take time and computational efficiency would need to improve massively,...

Banking giant Citi goes bullish on Metaverse

The Metaverse space has seen massive growth and adoption over the last year. More mainstream institutions and players are taking up positions in anticipation of a revolution in the industry. And the i...

Metaverse Could Become A $13 Trillion Opportunity, Predicts Citi

Banking giant Citi has signaled that it is quite bullish around the metaverse, predicting that it could grow to anywhere between $8 trillion and $13 trillion by 2030. The bank also stated that it beli...

$13 Trillion in Total Addressable Market for the Metaverse, Banking Giant Citi Says

Citi has taken a deep dive into the virtual world in a March report titled “Metaverse and Money.” The banking giant has predicted an extremely bullish future for the Metaverse following a slew of high...

Citi raises its forecast for China’s GDP growth

Real estate and related sectors account for at least 25% of China’s economy, according to Moody’s. Costfoto | Future Publishing | Getty Images BEIJING — China’s economy faces so much...

Metaverse May Be Worth $13 Trillion, Citi Says. What’s Behind Its Bullish Take.

Text size Citi’s vision of the metaverse goes beyond gaming and virtual reality. Sergio Flores/AFP via Getty Images Citi is the latest Wall Street player to issue a bullish forecast for web3 and...

Citi Predicts Metaverse Could Be $13 Trillion Opportunity With 5 Billion Users – Metaverse Bitcoin News

Citi has predicted that the total market for the metaverse economy could grow to between $8 trillion and $13 trillion by 2030. In addition, the global bank expects that the number of metaverse users c...

Citi now sees four consecutive 50 bps increase in interest rates

The U.S. Federal Reserve could increase interest rates by 50 basis points consecutively in its next four policy meetings, says Citi’s Veronica Clark. Clark’s remarks on CNBC’s &lsquo...

Citi adds M&T Bancorp to focus list as favorite among six regional banks

Citigroup Inc. analyst Keith Horowitz on Thursday singled out M&T Bank Corp. as a new member of his focus list for outshining five other regional banks. M&T Bank MTB, +2.16% drew praise partly...

Citi Ventures Joins $44 Million Series B Funding Round of ChargeAfter

Some of the world’s leading financial institutions including Citi Ventures (Citigroup), Banco Bradesco, and MUFG (Mitsubishi UFJ Financial Group) have joined the $44 million Series B funding round of ...

Lam Research Trades at a Discount. Citi Adds the Stock to Its U.S. Focus List.

Text size An employee makes a chip at a factory. AFP via Getty Images Semiconductor manufacturer Lam Research , down more than 25% in 2022, was added to Citi’s U.S. Focus List based on valuation and t...

JPMorgan Processed Russia Bond Payments, Sent Money to Citi

(Bloomberg) — JPMorgan Chase & Co. has processed funds that were earmarked for interest payments due on dollar bonds issued by the Russian government and sent the money on to Citigroup Inc.,...

Citi Promoted Stuart Staley to Global Co-Head of Foreign Exchange

Citi announced that it has promoted Stuart Staley to Global Co-Head of Foreign Exchange. In an article recently shared with Finance Magnates, Stuart Staley, an executive veteran with more than thirty ...

Wall Street’s Skittish Attitude Toward Putin Pays Off As Russia Default Looms

Citigroup faces the most exposure to Russian sovereign and corporate debt, recently redefining its … [+] at-risk exposure to Russia from $5.5 billion to $9.8 billion. getty Most of Wall Street h...