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Category Citi Group

Balchunas casts doubt on BTC ETF outflow and price drop link

Balchunas casts doubt on BTC ETF outflow and price drop link

Bloomberg’s Eric Balchunas challenges Citi’s claim linking Bitcoin ETF outflows to sharp BTC price declines.
Citi is working with Coinbase to build stablecoin payment rails for its corporate clients

Citi is working with Coinbase to build stablecoin payment rails for its corporate clients

Citi is working with Coinbase to build stablecoin payment systems for its corporate and institutional clients, according to a press announcement on...
JPMorgan's Jamie Dimon doesn’t see more Fed rate cuts unless inflation drops

JPMorgan's Jamie Dimon doesn’t see more Fed rate cuts unless inflation drops

JPMorgan CEO Jamie Dimon said he doesn’t see the Fed cutting interest rates further unless inflation drops.
HSBC falls short on pre-tax profits

HSBC falls short on pre-tax profits

HSBC Holdings reported a 26% and 29% slip in its first-half and YoY pretax profits, respectively, as bad debts in China continued to pile up.
U.S. biggest banks expand share of market profits

U.S. biggest banks expand share of market profits

In the competitive arena of U.S. banking, the four largest lenders – JPMorgan Chase, Bank of America, Wells Fargo, and Citigroup – have firmly soli...