The Sears credit card is a financial product by the Sears Holdings Corp (OTCMKTS:SHLDQ) department store and issued by Citibank —Citigroup Inc (NYSE:C). With the Sears card, you have the possibility to purchase online and at any of the thousands of Sears stores across the U.S. while enjoying the store’s points program and saving money. […]
Zazzle Inc., an online marketplace for customized items, has hired Citigroup Inc. and Barclays Plc to prepare for an initial public offering this year, according to people familiar with the matter.
Citigroup, Goldman Sachs and Norwest Venture sold their entire stake in FY22, exchange data shows; others have pruned holdings

Citigroup to double fintech deals team in Europe as fees soar

12:01am, Friday, 18'th Feb 2022 Financial News
Bank looks to bulk up as delamakers race to cash in on lucrative revenue stream
© Reuters By Sam Boughedda Investing.com — Fisker Inc (NYSE:) reported its fourth-quarter earnings after the bell Wednesday, reporting a loss per share of 47 cents on revenue of $41,000. The report saw Fisker shares initially rise Thursday, hitting a high of $13.85. However, they have since reversed and are now down more than 3%. Citi …

Citigroup Inc. (NYSE: C) Stock Seems Like A Good Option

07:00pm, Thursday, 17'th Feb 2022 Stocks Register
Citigroup Inc. (NYSE:C) shares, rose in value on Thursday, February 17, with the stock price down by -2.03% to the previous day’s close as strong demand from buyers drove the stock to $65.59. Actively observing the price movement in the recent trading, the stock is buoying the session at $66.95, falling within a range of … Citigroup Inc. (NYSE: C) Stock Seems Like A Good Option Read More »

U.S. weekly jobless claims unexpectedly rise | Business

01:39pm, Thursday, 17'th Feb 2022 Devdiscourse
Claims have plunged from a record high of 6.149 million in early April 2020. "While some level of labor market churn should continue in the near term, we would not be surprised to see claims fall even further below pre-pandemic levels in the coming months," said Veronica Clark, an economist at Citigroup in New York.

Inflation - Cassandra Speaks

01:13pm, Thursday, 17'th Feb 2022 Zero Hedge
Inflation - Cassandra Speaks Authored by Bill Blain via MorningPorridge.com, “The way to crush the bourgeoise is to grind them between the millstones of taxation and inflation.” Inflation should be front and centre for markets – give or take Ukraine, Oil, etc. How real is it, and just how bad could the consequences be? Not talking about it is one way to ensure it hurts. Contrary to expectations, World War Last didn’t break out yesterday. Either the Russians are stepping back or they are retreating in a forward direction while adding thousands of new troops… Who knows..? Who to believe? In the absence of evidence or a credible reason for Putin pressing the auto-destruct button while he’s winning, (er, yes, he probably is as the West discomboffulates around the issue, beset by leadership crises, division, energy prices and distrust), can we now look forward to Spring? And get back to worrying about real stuff. Like inflation? The news this morning is UK inflation hitting a 30-year high, home price rises in the US and UK earning more than the average working wage, and the Fed Minutes – yawn.

Fund - Nuvation Bio Inc. Shares Purchased by Citigroup Inc

09:15am, Thursday, 17'th Feb 2022 Business Mag
Citigroup Inc. boosted its position in Nuvation Bio Inc. by 104.3% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned…

Banks - Nuvation Bio Inc. Shares Purchased by Citigroup Inc

09:15am, Thursday, 17'th Feb 2022 Business Mag
Citigroup Inc. boosted its position in Nuvation Bio Inc. by 104.3% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned…

Citi Senior Equities Staff to Exit Hong Kong

05:58am, Thursday, 17'th Feb 2022 Finews Asia
Citigroup is moving some of its senior equities staffers out of Hong Kong as the protectorate’s zero-Covid strategy bites banks, Bloomberg reported Thursday.

Capital Market Infrastructure Fintech Sharegain Secures $64M via Series B

05:52am, Thursday, 17'th Feb 2022 Crowdfund Insider
Sharegain, a capital markets infrastructure Fintech, has raised $64 million in a Series B round that was led by WestCap and also joined by Citi, EJF Capital LLC and Optiver PSI. Participating existing investors reportedly include Maverick Ventures Israel, Blumberg Capital, SixThirty, Rhodium, and the… Read More
DENVER, Feb. 16, 2022 /PRNewswire/ -- Gates Industrial Corporation plc (NYSE:GTES), a global manufacturer of innovative, highly engineered power transmission and fluid power solutions, today announced that the Company will participate in Citi''s 2022 Global Industrials Conference in Miami,…
Hopes of becoming top-three investment bank conceded in order to focus on more profitable areas

UOB wealth management hits 4Q snag

04:54am, Wednesday, 16'th Feb 2022 Finews Asia
Singapore bank UOB reported Wednesday solid overall earnings growth , but that came despite a fourth quarter hiccup to its wealth management fees. Like its rival DBS , UOB pointed to weaker market sentiment in the fourth quarter as weighing on wealth management activity. UOB said its fourth quarter net fee and commission income was S$589 million ($437.77 million), generally stable compared with the third quarter, as an increase in credit card and loan-related fees were offset by declines in wealth fees. Net new money grows For the full year, UOB said its assessed assets under management (AUM) grew by 4 percent from 2020 to a record S$139 billion, with wealth management fees growing by double-digits to a record as investor confidence returned and sales grew across most investment products. UOB’s Deputy Chairman and CEO Wee Ee Cheong said the net new money on the consumer side was likely a «few billion.» That came even as UOB’s current account savings account, or CASA, deposits grew and the CASA ratio rose to a new high in the fourth quarter.
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