Oil prices mixed on Tuesday
Oil prices mixed in Asian trade on Tuesday, with Brent down 0.86 per cent at $68.06 a barrel, as investors weighed…
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Citi
Sterling steady on Tuesday ahead of BoE decision
Sterling edged slightly higher against the dollar on Tuesday and strengthened against the euro, as traders awaited…
WB raises $6.5b in record sustainable bond deal
The World Bank has raised $6.5 billion through a dual-tranche Sustainable Development Bond transaction, marking its…
Foreign lenders eye Swiss market post UBS-Credit Suisse deal
As Credit Suisse fades into history following its takeover by UBS, global banks are expanding their presence in…
Morocco’s OCP initiates roadshow for international bond
Moroccan phosphate and fertilizer producer OCP has initiated an investor roadshow for an international bond, aiming…
ANZ’s Q1 boom boosts shares to 22-month high
Australia's ANZ Group reported on Monday, that its first-quarter group revenue matched the quarterly average of the…
Netflix shares drop as Citi downgrades rating
Netflix stock dropped by about 2 per cent in premarket trading on Tuesday as Citi strategists downgraded their…
Egypt hires Credit Agricole, Citi, HSBC, Deutsche Bank for U.S. dollar green bonds
Egypt has hired four banks ahead of a potential issuance of U.S. dollar-denominated green bonds, according to a…
Egypt says has sold $5 billion in three tranches of bonds
Egypt has on Thursday sold $5 billion in bonds in three tranches with maturities of four, 12, and 30 years, a…
Saudi Arabia Wealth Fund owns stakes in Boeing, Citi, Disney
Saudi Arabia’s sovereign wealth fund which until five years ago was a holding company for government stakes in…
Citibank tops 70% of Egypt custodian service market share
Citibank has grabbed between 60 percent and 70 percent of Egypt’s custodian service market share, said country…
UAE’s Majid Al Futtaim to raise $600 million by selling green sukuk
UAE-based developer and shopping mall operator Majid Al Futtaim is set to raise $600 million by selling “green”…
Banks in German are in a much worse position than rest of Europe – Citi analyst
German lenders are in a seriously dangerous position compared to their European counterparts, said Ronit Ghose,…
Citi launches financial journalist training in Egypt
In line with its longstanding commitment to Egypt, Citi collaborated with Ahram Canadian University (ACU) to host…
Citi and JPMorgan top world’s most systemically important banks
Citi has joined JPMorgan as the world's most systemically important banks, replacing HSBC in a group of 30 lenders…
Citi raises chances of Clinton win to 70% as Trump stumbles
With less than four weeks to go before voters head to the polls, analysts at Citi have upped their chances of a…
Egypt sees eurobond yield at 5.5-6% for Sept/Oct issuance: official
Egypt expects its eurobond issuance at the end of September or early October to have a yield between 5.5 percent…
Citibank celebrates four decades of continuous presence in Egypt
Citi Group hosted Sunday an event at the Four Seasons Hotel Cairo at Nile Plaza to celebrate the bank’s 40th…
Citi finalises Egypt retail business deal with CIB late October
Citigroup announced Saturday it will transfer all its consumer banking business transactions in Egypt to the…
Citigroup eying Sale of Retail FX Arm: Source
Citigroup Inc is seeking a buyer for its retail forex brokerage CitiFX Pro as part of efforts to streamline the…
Abu Dhabi Islamic Bank shortlisted to buy Citi’s Egypt Operations
Abu Dhabi Islamic Bank said Sunday it has been shortlisted as a buyer for Citigroup’s Egypt retail business in what…
Acer Shares Tumble by Daily Limit After CEO Resigns, Job Cuts
Shares of Acer Inc fell by their daily limit on Wednesday after the company announced a restructuring plan with a…
Why Citi Wants To Rack Up U.S. Taxes
Over the past few years, Citigroup Inc has been grappling with an unusual problem - how to incur more U.S. taxes.…
Citi Invites Its Cardholders To Upgrade With Hotel Privileges
Citi announces Hotel Privileges, a programme designed to give Citi card members access to tangible benefits at top…
Citi Sees 90 Percent Chance Of Greece Leaving The Euro
The chances of Greece leaving the euro in the next 12-18 months have risen to about 90 percent, U.S. bank Citi said…
Euromoney Names Citi ‘Best Investment Bank In The Middle East’
In a clear vote of confidence in the bank’s regional capabilities, Euromoney Magazine recently named Citi ‘Best…