Pakistan’s big moment: 5 takeaways from IMF-World Bank meetings Updated 19 Oct, 2026 01:34pm The annual meetings addressed global economic risks, AI's impact, and saw Pakistan secure key leadership roles
US banks post solid third-quarter loan growth Published 15 Oct, 2026 04:57am WASHINGTON: US banks reported solid loan and deposit growth in the third quarter, but lenders are paying a premium...
Japan stocks close flat Published 15 Oct, 2026 04:57am TOKYO: Japan’s Nikkei share average gave up early gains to end nearly flat on Wednesday, as chip-related shares lost...
Selling continues at PSX, KSE-100 Index closes 348 points lower Updated 13 Oct, 2026 05:50pm Benchmark index ends day at 164,776.44
Fed, BoE probe banks’ exposure to trading firms Published 22 Sep, 2026 05:15am WASHINGTON: The US and UK central banks have asked global banks about their exposures to large trading firms after...
US Fed, BoE step up scrutiny of bank exposure to trading firms after Jane Street loss, FT reports Published 21 Sep, 2026 11:25am This contributed to Jane Street taking a $15 billion hit that month
Wall Street banks rule on staff betting on prediction markets Published 11 Jul, 2026 05:06am NEW YORK: Wall Street banks have added rules on prediction-market betting to their employee codes of conduct, with...
Wall St wavers ahead of first Fed policy decision under Warsh Published 18 Jun, 2026 05:37am NEW YORK: US stock indexes wavered in choppy trading on Wednesday, as investors awaited the first interest rate...
European shares end higher as markets await Iran deal details Published 18 Jun, 2026 05:37am FRANKFURT: European shares inched higher on Wednesday as investors awaited details of the US-Iran peace agreement...
Telenor considering sale of Pakistan’s Easypaisa: report Published 05 Jun, 2026 05:32pm Telenor is working with Citigroup on the sale
KE elects Shaheryar Chishty as chairman Published 15 Apr, 2026 01:29pm Earlier, Chishty was performing the functions of the chairman during the absence of Mark Skelton
Wall St rallies on hopes for renewed US-Iran talks Published 15 Apr, 2026 06:01am NEW YORK: Wall Street’s main indexes advanced on Tuesday after reports of fresh efforts to ease the Middle East...
Ambani’s Reliance Jio hires 17 banks for IPO, will raise no new funds, sources say Published 18 Mar, 2026 06:09pm MUMBAI: Indian billionaire Mukesh Ambani’s Reliance Jio Platforms has hired 17 banks to manage its Mumbai stock...
Most Gulf equities decline as war fuels uncertainty Published 17 Mar, 2026 05:57am DUBAI: Most Gulf stock markets ended lower on Monday, led by losses in Dubai as the US and Israel’s war with Iran...
Citi, StanChart evacuate Dubai offices, HSBC closes Qatar branches as fears grow Published 11 Mar, 2026 10:08pm DUBAI/LONDON: Citigroup and Standard Chartered have begun evacuating their Dubai offices, telling staff to work from...
Nasdaq leads Wall Street lower as tech rally stalls Published 27 Feb, 2026 05:11am NEW YORK: The Nasdaq led losses on Thursday, as a recent rally in technology stocks lost steam, with Nvidia’s...
BofA considers new credit cards with 10pc interest rate Updated 26 Jan, 2026 07:15am BENGALURU: Bank of America is considering options to offer new credit cards with an interest rate of 10 percent to...
Wall St skids after mixed results from big banks Published 15 Jan, 2026 06:06am NEW YORK: Wall Street’s main indexes slid for the second straight day on Wednesday, with bank stocks retreating...
Citi to tie up with Coinbase to boost digital payments for institutional clients Published 28 Oct, 2025 10:43am Stablecoins are digital tokens designed to keep a constant value
Citigroup lifts ether outlook, trims bitcoin view on shifting investor flows Published 02 Oct, 2025 10:41am Citigroup raised its year-end price target for ether to $4,500 from $4,300, citing strong flows from ETFs and...
Citigroup, CBRE among bidders to advise Pakistan on Roosevelt Hotel redevelopment: report Published 18 Sep, 2025 04:38pm Pakistan has received bids from seven international consortia, including those led by Citigroup and CBRE, to act as...
Citi’s London office overhaul costs hit USD1.5bn Published 15 Sep, 2025 05:59am LONDON: Wall Street bank Citigroup’s bill for refitting its tower in London has risen to USD1.5 billion (1.1...
US financial firms pledge $1.7 billion to UK ahead of Trump’s visit Published 14 Sep, 2025 09:36am Bank of America will launch its first operation in Northern Ireland, creating up to 1,000 jobs in Belfast
Citi to cut 3,500 tech jobs in China in global revamp Published 05 Jun, 2025 12:35pm HONG KONG: Citigroup Inc will reduce the number of employees at two of its technology centres in China by about...
Trump starts Gulf visit seeking big economic deals Published 13 May, 2025 11:45am RIYADH: US President Donald Trump will arrive in Saudi Arabia on Tuesday morning to kick off a four-day swing...
Citigroup profit surges as stock trading jumps 23% Published 15 Apr, 2025 05:12pm NEW YORK: Citigroup’s profit surged in the first quarter as its traders reaped a windfall from volatile markets that...
Citigroup rolls out AI tools for employees in eight countries Published 09 Dec, 2024 06:43am NEW YORK: Citigroup began rolling out on Wednesday new artificial intelligence tools to be used by employees in ...
Fed terminates 2013 money-laundering enforcement action against Citigroup Published 02 Oct, 2024 06:19am WASHINGTON: The Federal Reserve announced on Tuesday that it had terminated a 2013 enforcement action it filed...
Economy moving in the right direction: Aurangzeb Published 06 Sep, 2024 08:01am ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb held a virtual meeting with Johanna...
UK fines Citigroup over European ‘flash crash’ Published 23 May, 2024 05:16am LONDON: British financial regulators Wednesday fined US bank Citigroup for failures in its trading controls after a...