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Top Citi Executive Issues Warning on ‘Uncomfortable’ Stock Market Rally, Says Uncertainty Factor Hasn’t Faded

Top Citi Executive Issues Warning on ‘Uncomfortable’ Stock Market Rally, Says Uncertainty Factor Hasn’t Faded

A top executive at Citigroup, the third-largest US bank, is issuing a warning about the current rally in stock markets. In a new CNBC Television in...
Citigroup Braces for Loan Losses, Sets Aside Hundreds of Millions of Dollars for Potential Downturn Amid Tough Macro Environment: Report

Citigroup Braces for Loan Losses, Sets Aside Hundreds of Millions of Dollars for Potential Downturn Amid Tough Macro Environment: Report

The financial giant Citigroup Inc. is reportedly bracing for loan losses amid macroeconomic uncertainty. To deal with the potential losses, the inv...
Santander explores crypto expansion with early stablecoin initiative

Santander explores crypto expansion with early stablecoin initiative

Banco Santander said it plans to offer a stablecoin to its digital bank retail customers.
Citigroup’s Equity Strategist Says $2,000,000,000,000 Deficit Is Good for Economy and S&P 500 Earnings – Here’s Why

Citigroup’s Equity Strategist Says $2,000,000,000,000 Deficit Is Good for Economy and S&P 500 Earnings – Here’s Why

Citigroup’s US equity strategist Scott Chronert says the ballooning US budget deficit could have a positive impact on the economy. In a new CNBC in...
US Banks Amass $88,660,000,000 Cash Stockpile in Just Three Months As Lenders Abruptly Hoard Assets: S&P Global

US Banks Amass $88,660,000,000 Cash Stockpile in Just Three Months As Lenders Abruptly Hoard Assets: S&P Global

US banks are piling cash onto their balance sheets while showing a weak appetite for lending, according to the financial data and analytics firm S&...