Citigroup
OpenCalais Metadata: Ticker
Middle East tensions weigh on markets
Wall Street stocks tumbled on Friday despite solid bank earnings as oil and gold prices shot up amid worries about a potential widening of conflict in the Middle East.
After spending the entire session in the red, the Dow Jones Industrial Average finished down 1.2 percent, or 475 points, at 37,983.24.
- Read more about Middle East tensions weigh on markets
- Log in to post comments
Greek bonds coming highly recommended
Major investment firms kicked off the new year with a barrage of positive recommendations for Greek bonds ahead of the country's first market foray for 2024, expected soon, as well as the start of bond reissues planned by the Public Debt Management Agency.
- Read more about Greek bonds coming highly recommended
- Log in to post comments
Citigroup discriminated against Armenian Americans, regulator says
Citigroup employees labeled a group of roughly 80,000 Armenian Americans living near Los Angeles - the largest Armenian community outside Yerevan, the Armenian capital - as "bad guys" and secretly denied them fair access to the bank's credit card products, the Consumer Financial Protection Bureau said in a statement on Wednesday.
Quest remains only bidder for Kotsovolos
Plaisio Computers will not bid for the acquisition of electrical appliances and electronics retailer Kotsovolos, Kathimeini understands, leaving Quest Group as the only, non-binding, bidder so far.
But, as Kotsovolos said in a statement Monday, "it is not certain that the process willl lead to a final agreement."
- Read more about Quest remains only bidder for Kotsovolos
- Log in to post comments
Why Currys is selling its Greek arm
The likely sale of retail chain Kotsovolos is expected to create a new landscape in the domestic market of electrical and electronic household appliances, especially since it is its biggest player.
- Read more about Why Currys is selling its Greek arm
- Log in to post comments
Analysts: Investment grade within reach
Greece's strong performance compared to the eurozone and the upward trajectory of the country's ratings by rating agencies on the way to achieving investment grade, are the biggest catalysts for the Greek economy, as well as for the course of Greek bonds and banks.
- Read more about Analysts: Investment grade within reach
- Log in to post comments
US Fed to balance banking woes, inflation in next rate decision
U.S. central bankers face an unenviable task when they gather in Washington this week: Tackling persistent inflation without adding to financial sector turmoil after Silicon Valley Bank's rapid collapse.
The Federal Reserve has raised rates eight times since last year in the face of decades-high inflation as it looks to cool the economy without tipping it into a recession.
Wall Street giants move to rescue First Republic Bank
America's largest banks moved on March 16 to shore up First Republic, easing fears that the regional lender could be the next domino to fall after collapses including Silicon Valley Bank.
A consortium of 11 US private banks, including Bank of America, Citigroup and JPMorgan Chase, announced they would deposit $30 billion into First Republic.
Γερμανικός «εμφύλιος»; Γιατί η Volkswagen σνομπάρει την Deutsche Bank
H Volkswagen επέλεξε τις «ξένες» Goldman Sachs, Bank of America, JP Morgan και Citigroup, προκειμένου να «τρέξουν» την IPO της Porsche
Budget posts 30 billion liras in surplus
The central government budget posted 30 billion Turkish Liras of surplus in January, data from the Treasury and Finance Ministry have shown.
In the same month of 2021, the budget produced a deficit of 24.15 billion liras.
- Read more about Budget posts 30 billion liras in surplus
- Log in to post comments