Citigroup

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.

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.

CVC Capital Partners and the University of Nicosia (UNIC), Cyprus' largest educational institution, have inked a joint venture deal to construct a branch of the university in Athens. 

The agreement pertains to the possibility of establishing a medical school, which will begin operations in the first phase in the vicinity of the former airport at Elliniko in southern Athens. 

Türkiye will continue to accumulate foreign exchange reserves as long as market conditions allow, Treasury and Finance Minister Mehmet Şimşek has said.

The minister noted that the gross reserves climbed to $115 billion in the week ending Aug. 4 from $98.5 billion as of the end of May, citing the data from the country's Central Bank.

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.

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.

The 17th Annual Capital Link International Shipping Forum is being held on Monday at the Metropolitan Club in New York City.

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.

The signing of a binding agreement for Public Power Corporation to acquire the assets of its Italian peer Enel in Romania is said to be a matter of hours.

Ljubljana – The Slovenian branch of Sparkasse bank has acquired Erste Card, which has exclusive rights for issuing Diners Club cards in Slovenia, from the Croatian Erste Card Club. The contract was signed on Friday and still needs regulatory approval.

Sparkasse and Erste Card have been cooperating for years in offering personal and business Diners Club cards to Sparkasse clients.