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Search results for "CITI"



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Europe has more room to run than US: Strategist

European markets have more potential to break out, but the continent's fate is still tied to growth in the United States, Steven Wieting tells CNBC.
Source: CNBC.com | By: Tom DiChristopher
Tiffany tops Street 1Q forecasts

NEW YORK- Tiffany& Co. on Wednesday reported fiscal first-quarter profit of $104.9 million. The average estimate of 14 analysts surveyed by Zacks Investment Research was for earnings of 69 cents per share. Eleven analysts surveyed by Zacks expected $913.5 million.
Source: The Associated Press
Goldman tops 2015 City of London bank bonus charts

LONDON, May 27- Bankers at Goldman Sachs received the highest bonuses in London's banking industry this year but bonuses paid out by the top 10 banks were down overall compared to last year, a survey published on Wednesday showed. Goldman Sachs bankers received an average bonus of 194,000 pounds, some 14 percent more than their peers at second-placed Morgan...
Source: Reuters | By: Jamie McGeever
Markets eye Fed rate hike  

Kevin Holt, Invesco CIO, and Steven Wieting, Citi Private Bank, discuss how an increase in interest rates will likely impact the markets, and where investors can find value.
Source: CNBC.com
Citi keeps top spot in FX trading as European banks slump -poll

LONDON, May 27- European banks Deutsche Bank, Barclays and UBS have seen their market share in foreign exchange trading slump in the past year, as U.S. banks led by Citigroup grabbed business, according to widely watched industry rankings. Citigroup kept its top spot as the leading foreign exchange trading bank with a market share of 16.1 percent, up from 16 percent...
Source: Reuters
Is this the next unicorn from China?

Dianrong.com - a major Chinese peer-to-peer (P2P) online lender shaking up the country's traditional banking system - now boasts a valuation of "around" $1 billion dollars thanks to its latest round of fundraising, the company's founder and CEO Soul Htite told CNBC.
Source: CNBC.com | By: Ansuya Harjani
INSIGHT-Original robo-adviser Financial Engines seeks life beyond 401(k)s

NEW YORK, May 27- Long before the phrase "robo-adviser" existed, Sunnyvale, California- based Financial Engines was cornering the untapped 401 plan market with computer simulations to help people save for retirement. To hang onto those investors- and find others- Financial Engines is planning to go up against other so-called "robo-advisers," companies that use...
Source: Reuters | By: Jessica Toonkel and David Randall
China's investment scheme that could unleash billions

China will soon launch a new pilot scheme in six cities allowing individuals to invest directly overseas, the official Securities Times reported on Tuesday, potentially unleashing billions of dollars in Chinese savings on global stock and bond markets.
Source: Reuters
FBI, police find no threat on EVA Air plane at LA airport

The plane was inspected and its passengers' luggage was screened as EVA Air Flight 12 sat on the tarmac at the airport, but there was no evidence of a threat, FBI spokeswoman Laura Eimiller said. The FBI, airport police and the Los Angeles police bomb squad jointly investigated the threat, which came by telephone. In one case, U.S. military jets escorted an Air France...
Source: The Associated Press
Tech blog spinoff Re/code is acquired by online media chain

Tech news blog Re/code said Tuesday it's been acquired by online publishing company Vox Media, just 18 months after spinning off from its former parent, The Wall Street Journal. In an online statement, Re/code founders Kara Swisher and Walt Mossberg said they will continue to operate their site separately but may occasionally collaborate with The Verge.
Source: The Associated Press | By: By The Associated Press