NYSE:C - New York Stock Exchange, Inc. - US1729674242 - Common Stock - Currency: USD
Top U.S. banks are contemplating a joint venture to issue a dollar-pegged stablecoin in an attempt to counter the increasing competition from the cryptocurrency sector, according to a report dated Thurday, May 22.
Some of Wall Street and Australia’s largest banks are stuck holding part of an A$1.8 billion ($1.2 billion) loan backing DAZN Group Ltd’s takeover of Rupert Murdoch’s Australian pay-television provider Foxtel Management Pty., according to people familiar with the matter.
C launches AI-powered tools in Hong Kong to streamline internal operations and improve efficiency.
Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we'll tell you what matters for investors in Europe, giving you insight before trading begins. Today's Guests: Suki Cooper, Standard Chartered precious metal analyst; Beata Manthey, Citigroup Head of European equity strategy (Source: Bloomberg)
CoreWeave went public on March 28 with an initial public offering (IPO) price of $40 per share.
US President Donald Trump's meeting with South Africa's Cyril Ramaphosa was seen as a chance to mend relations, but the exchange did not go as planned. Also on the show: two staff members of the Israeli embassy in Washington have been shot and killed; JPMorgan's Jamie Dimon says he's holding off on evaluating the impact of Trump's recent trip to the Middle East; 25 startups to watch in Africa; Citigroup says it remains optimistic about the prospects for countries across the Middle East. Guests include: Ozan Tarman, Deutsche Bank, Vice Chair Global Macro; Omeed Malik, 1789 Capital, Founder & President; Hendrik du Toit, Ninety One, CEO; Jamie Dimon, JPMorgan, Chairman & CEO; Chilufya Mutale-Mwila, Eshandi Financial Services, Co-Founder & Chief Visionary Officer; Owusu Akoto, Freezelink, Founder & CEO; Carmen Haddad, Citi Private Bank, Vice Chair. (Source: Bloomberg)
Bank’s UK division hardens hybrid working policy with requirement to spend at least 60% of time in office
CoreWeave received a big target price boost from a skeptical analyst. The company also received more interest than expected for a new debt offering. Shares of artificial intelligence (AI) "neocloud" CoreWeave (NASDAQ: CRWV) rocketed higher another 19.2% on Monday as of 12:26 p.m. ET.
Citigroup Inc. remains optimistic about the prospects for countries across the Middle East despite the recent drop in oil prices.
Jefferies Financial Group Inc. is hiring industry veterans to bolster its emerging markets team after several high-profile traders and salespeople left in a shakeup earlier this year.
Citigroup Inc. and Sumitomo Mitsui Banking Corp. are among banks targeting new deals in the market for blended finance, defying a number of headwinds including a significant decline in government spending on development aid.
Two former Citigroup Inc. traders in Hong Kong abandoned their employment lawsuits after weighing costs and difficulties of taking it to a higher court, people familiar with the matter said.
Since Trump’s announcement of a tariff pause on April 9, the S&P 500 has surged more than 19% and is now hovering at a level higher than Jan. 1, 2025.
CATL soars in its Hong Kong trading debut. The success of the stock offering is raising hopes that other companies will follow suit. Phil Drury, Global Head of Technology Media & Communications, Investment Banking at Citi joined Wall Street Beat on Bloomberg Open Interest to discuss the resurgence of tech IPOs. (Source: Bloomberg)
(Bloomberg) -- Some Wall Street strategists are betting European stocks will enjoy their best performance relative to the US in at least two decades as the region’s economic outlook improves.Most Read from BloombergAmerica, ‘Nation of Porches’NJ Transit Train Engineers Strike, Disrupting Travel to NYCNJ Transit Makes Deal With Engineers, Ending Three-Day StrikeThe Stoxx Europe 600 Index is expected to end the year around 554 points, according to the average of 20 strategists polled by Bloomberg.
(Bloomberg) -- Citigroup Inc. said the dollar could fall further after this week’s Group-of-Seven meeting as global leaders discuss currency policies as part of their trade negotiations with the US. Most Read from BloombergAmerica, ‘Nation of Porches’NJ Transit Train Engineers Strike, Disrupting Travel to NYCNJ Transit Makes Deal With Engineers, Ending Three-Day StrikeThe bank’s currency strategists led by Osamu Takashima wrote in a note that Washington is unlikely to “aggressively pursue” a wea
Mentions: DX=F
Citigroup Inc. said the dollar could fall further after this week’s Group-of-Seven meeting as global leaders discuss currency policies as part of their trade negotiations with the US.
In the face of bond market tremors and an exit from US assets, investing in more exotic holdings doesn't seem as dangerous.
The S&P 500 eked out a sixth winning day as traders managed to look past Moody's downgrade of the U.S. Here's what's on CNBC's radar heading into Tuesday.
An analyst at a top American bank cranked her price target higher. The recommendation for the stock was left unchanged, however. One of the most powerful catalysts for any stock is a substantial change in a researcher's price target.