Alex Kriete, Citi’s co-head of digital assets, is departing the firm after less than a year in the position. Kriete had been with Citi for over 11 years and was hired to run its newly established cryp...
Tag: Citi
Closing gender gap could boost global GDP by $2 trillion, Citi says
Damircudic | E+ | Getty Images Women receive a small fraction of venture capital funding and closing the investment gender gap could drive economic growth, according to a new report from Citigroup. Fe...
Former Citi exec joins Provenance Blockchain Foundation as CEO
advertisement A former Citigroup executive has become the latest member of the banking-to-crypto recruitment pipeline, having joined the Provenance Blockchain Foundation as its CEO. According to a sta...
Citi Strategists Say Buy the Dip With Few Signs of Bear Market
(Bloomberg) — A Citigroup Inc. indicator is signaling it’s time to get back into stocks as the Ukraine-fueled selloff won’t turn into a bear market. Most Read from Bloomberg Out of 18 potential ...
U.S. inflation data like a ‘punch in the stomach’ for the Fed: Citi
The latest U.S. January inflation data came in like a “punch in the stomach” for the Federal Reserve, which raises the possibility for an aggressive 50 basis points rate hike in March, the...
Alibaba SEC Filing May Signal SoftBank Plans to Sell, Citi Says
(Bloomberg) — Alibaba Group Holding Ltd. registered one billion American depositary shares that hadn’t been registered before, suggesting SoftBank Group Corp. may intend to sell some of its shar...
Goldman, Citi Strategists Say It’s Now Time to Buy Stocks Rout
(Bloomberg) — After a selloff that put global stocks on course for their worst month since the start of the pandemic, strategists from Goldman Sachs Group Inc. to Citigroup Inc. say it’s now tim...
Citi kickstarts recruitment for top job in digital assets unit
advertisement Wall Street heavyweight Citigroup is hiring a global head of digital asset risk management, signifying the latest move in a broader strategic push toward crypto services. A post on Link...
Citi to sell consumer banking operations to UOB in Malaysia, Indonesia
A Citibank branch in New York, U.S., on Friday, Jan. 7, 2022. Victor J. Blue | Bloomberg | Getty Images Citigroup will sell its consumer banking businesses in Indonesia, Malaysia, Thailand and Vietnam...
Citi Is Bullish on Lucid Stock. Where Is the Rest of Wall Street?
Text size A Lucid Air Grand Touring electric luxury car. Patrick T. Fallon/AFP/Getty Images Citigroup is staying bullish on electric-vehicle startup Lucid to start the new year. Analyst Itay Michaeli ...