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citigroup

Citi hires Goldman's chief diversity officer
Business & Finance

Citi hires Goldman's chief diversity officer

  • Brown joins Citi as its chief diversity, equity and inclusion officer from Goldman Sachs, where she had led that bank's diversity and inclusion efforts since mid-2018. Brown previously worked at Bloomberg in the same role.
  • Goldman named Megan Hogan to replace Brown, according to a memo sent to staff and seen by Reuters.
Published 26 Mar, 2021 08:12pm
Turkish lira on two-week slide that tests central bank's will
Markets

Turkish lira on two-week slide that tests central bank's will

  • Wall Street banks Citigroup and JPMorgan were the latest to predict Turkey would raise interest rates next week to stabilize the currency and address inflation, which rose above 15% last month.
  • Citi and JPMorgan said they expect a tightening of 50-100 basis points and 100 basis points respectively.
Updated 08 Mar, 2021 10:17pm
Italy hires banks to issue new dual-tranche BTP bond
Markets

Italy hires banks to issue new dual-tranche BTP bond

  • The transaction will be launched in the near future subject to market conditions.
  • The Treasury has appointed Citigroup, Deutsche Bank , Goldman Sachs, Monte dei Paschi di Siena Capital Services and Nomura to work on the deal.
Published 15 Feb, 2021 08:47pm
S&P 500, Dow drop as big banks fall after results
Markets

S&P 500, Dow drop as big banks fall after results

  • JPMorgan dips despite posting jump in profit.
  • Citigroup, Wells Fargo slip after results.
  • Walmart drops as head of e-commerce to retire.
  • Retail sales fall again in December.
  • Indexes: Dow down 0.36%, S&P slips 0.26%, Nasdaq up 0.12%.
Published 15 Jan, 2021 08:29pm