Citigroup Stock News

Citigroup has reportedly selected its preferred bidders for its consumer banking assets in Asia, has part of its broader plans announced earlier this year to exit retail markets where it lacks scale. Citi has chosen its preferred bidder for its consumer banking assets in various Asian markets including Thailand, Indonesia, Malaysia, China and the Philippines, according to a «Bloomberg» report citing unnamed sources. This is part of its plan announced in April this year to exit 13 retail markets including 10 in Asia Pacific. The National Australia Bank has been the first in the region to cut a deal, agreeing to buy Citis Australian consumer banking unit in a deal valued at around A$1.2 billion ($880 million). Southeast Asia Earlier this month, the Union Bank of the Philippines was reportedly selected as Citis preferred bidder for its Filipino consumer banking assets in a potential deal valued at around $1 billion. Elsewhere in Southeast Asia, the American banks top picks include Mitsubishi UFJ-owned Bank of Ayudhya for its Thai assets in an estimated $2 billion sale; UOB for its Indonesian assets in a potential multi-hundred million dollar deal; and Standard Chartered for its Malaysian assets in another multi-hundred million dollar sale.

SINGAPORE , Dec. 8, 2021 /PRNewswire/ -- Citi Singapore today announced that it has entered into a partnership agreement with API Exchange (APIX). The collaboration enables Citi to tap into a global ecosystem of FinTech firms and swiftly identify solution partnerships in a cost-efficient way and test them in a cloud-based sandbox before implementation. With the partnership, Citi expects speed of innovation to improve significantly, accelerating time to market of new solutions launched for Citi''s institutional clients. Having strong global presence across 96 markets also allows Citi to leverage its local counterparts to perform rapid proof-of-concepts with select FinTech partners, which will enable innovation at speed and scale. Citi first collaborated with APIX through its Citi Innovation Lab in Singapore , and it has assessed more than 80 FinTechs to solve the unique challenges of its institutional clients in areas such as Open Banking Solutions, Seamless Payments, Collections and Data Empowerment, among others.

NEW YORK--(BUSINESS WIRE)--BlackRock (NYSE: BLK) today announced that it has entered into agreements with BNY Mellon (NYSE: BK), Citi (NYSE: C), and JP Morgan (NYSE: JPM) to join State Street (NYSE: STT) as post-trade service providers for iShares $2.3 trillion in U.S.-domiciled exchanged traded funds (ETFs).1 The announcement culminates a nearly two year-long due diligence process with the selection of several world-class financial institutions to support the growth of U.S. iShares ETFs and s

American Express Amex Ventures, Visa, Citi Ventures, DRW Venture Capital, Jump Capital, Marshall Wace, Block (formerly Square Inc.), and Paypal Ventures are among investors in the latest funding round of crypto transaction monitoring and forensics platform TRM.

Citigroup Inc. will eventually expect borrowers to have a credible plan for measuring and reducing their carbon footprint as part of the banks pledge to achieve net-zero greenhouse-gas emissions.

DALLAS--(BUSINESS WIRE)--Energy Transfer LP (NYSE: ET) (ET) announced today the commencement of an underwritten secondary public offering of 86,956,522 common units representing limited partner interests in ET (common units) by CenterPoint Midstream Energy, Inc. (the Selling Unitholder), a subsidiary of CenterPoint Energy, Inc. (NYSE: CNP). The Selling Unitholder intends to grant Citigroup, J.P. Morgan and Morgan Stanley, as representatives of the underwriters, a 30-day option to purchase

Danny Nelson / CoinDesk : Blockchain analysis startup TRM Labs raises a $60M Series B with Visa, Citi, Block, and PayPal among investors, following Mastercard''s CipherTrace acquisition After Mastercard bought CipherTrace in September, American Express and Visa are throwing their weight behind TRM.

Blockchain Intelligence firm TRM Labs announced Tuesday that it has secured $80 million in its Series B round led by Tiger Global. Some of the big names participated in the round, including American Express Amex Ventures, Visa, Citi Ventures, DRW Venture Capital, Jump Capital, Marshall Wace, Block (formerly Square, Inc.), and PayPal Ventures. The company [] The post TRM Labs closes $80M funding with investments from Visa, Citi appeared first on Our Bitcoin News .

Blockchain analysis and forensics firm TRM Labs has raised an $80 million Series B led by Tiger Global including Amex, Visa and PayPal

Highland Private Wealth Management grew its holdings in shares of Citigroup Inc. (NYSE:C) by 7.7% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,042 shares of the companys stock after acquiring an additional 290 shares during the quarter. Highland Private Wealth Managements holdings in []

Covenant Multifamily Offices LLC lifted its holdings in shares of Citigroup Inc. (NYSE:C) by 11.9% in the third quarter, according to its most recent filing with the SEC. The firm owned 3,469 shares of the company’s stock after acquiring an additional 370 shares during the period. Covenant Multifamily Offices LLC’s holdings in Citigroup were worth […]

Raymond James Trust N.A. acquired a new stake in shares of Sanderson Farms, Inc. (NASDAQ:SAFM) during the 3rd quarter, HoldingsChannel reports. The fund acquired 1,249 shares of the companys stock, valued at approximately $235,000. A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Citigroup Inc. lifted []

According to Bloomberg, Citigroup reportedly chosen Bank of Ayudhya as its preffered bidder of the group''s assets in Thailand