The Latest Breaking News from Citi

FCA finds the bank failed to reach requirements on surveillance to identify market abuse

MUMBAI: Airtel Africa has signed up for a $125 million revolving facility from American banking major Citi.

Western Digital Corp (NASDAQ:WDC) clocked 8% year-on-year revenue growth to $4.53 billion in Q4, beating the consensus of $4.49 billion. Non-GAAP EPS of $1.78 beat the consensus of $1.68. Barclays analyst Tom O'Malley had an Equal Weight and $55 price target. The market expected a reset, but the depths of decline and the exclusion…

There’s no dispute that the cost of consumer goods is soaring. The U.S. inflation rate rose 9.1 percent for the 12 months ending June 2022. With rising prices across many sectors, the prospect of shopping for your child’s school items can be daunting. What was once economical may now be…

UK households are cancelling streaming service subscriptions, citing the need to cut comforts to afford increasingly expensive necessities such as food and fuel.

Citi Thailand has partnered with ShopeePay to launch a quick transfer service on the platform for convenient and secure payments.

Shares of Six Flags Entertainment (SIX) have plunged significantly in price after Citi recently downgraded its shares, citing falling attendance due to rising inflation. So, would it be worth buying its shares at the current price level? Let’s find out.

The top 10 savings accounts offer a chance to earn decent returns on cash deposits – especially if you are happy to make the move to a new bank.

The trickle of positive calls on Chinese equities has turned into a flood as a recent easing of coronavirus curbs and pledges of more stimulus help revive sentiment.

Citi analyst Michael Rollins noted data center stocks Equinix, Inc (NASDAQ:EQIX), Digital Realty Trust, Inc (NYSE:DLR), Cyxtera Technologies, Inc (NASDAQ:CYXT) were down an average of >5% on July 1 on reports (including Financial Times) that an investor is "betting against 'legacy' data centers that now face growing competition from the trio of tech giants that have been…

Citigroup Inc (NYSE:C) is in talks with local buyers in Russia over a potential sale of its operations in the country, the Financial Times reported, citing people familiar with the matter. The bank is in negotiations with privately-owned Russian companies, including Expobank and insurance company Reso-Garantia for the divestiture, the report said.…