Citigroup warns against overconfidence in aggressive ECB rate cuts for 2025
Citigroup Inc. has cautioned traders against expecting swift and aggressive rate cuts from the European Central…
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Citigroup
Goldman Sachs slashes China’s ’24 economic growth
Global investment banks Goldman Sachs and Citigroup have revised their full-year projections for China's economic…
Asian markets struggle amid economic uncertainty
Asian stock markets struggled to maintain stability on Tuesday as investors awaited key economic data.
HSBC acquires China’s Citigroup’s consumer wealth portfolio
HSBC boosts its presence in mainland China by acquiring Citigroup's consumer wealth portfolio, adding over 300…
Aramco launches $10b offering
Saudi Arabia is set to launch a secondary offering of Aramco shares, aiming to raise over $10 billion, potentially…
Bank of Israel likely to hold rates steady
Amidst rising inflation fueled by record government spending and ongoing conflict, Israel's central bank is likely…
Morgan Stanley terminates jobs in Asia
Morgan Stanley is trimming its investment banking workforce in Asia Pacific by at least 50 positions, sources…
BofA profits decline in Q1 ’24
Bank of America (BofA) witnessed a decline in its profits on Tuesday, attributed to reduced earnings from customer…
Gold closer to record high as geopolitical tensions escalate
Gold prices edged higher on Tuesday, hovering near last week's record high, as escalating tensions between Iran and…
Citigroup predicts BoE to reduce interest rates in June
Citigroup predicts the Bank of England (BoE) will reduce interest rates this year, with the first cut likely in…
