#citigroup — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #citigroup, aggregated by home.social.
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Citigroup forecasts copper prices will reach $15,000 per ton by year-end, representing 7% upside, driven by AI data center demand and energy transition needs, though strategist warns U.S. tariffs could temporarily push prices down to $12,000 per ton.
#YonhapInfomax #CopperPrices #Citigroup #ArtificialIntelligence #DataCenters #EnergyTransition #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=120206 -
https://www.europesays.com/people/68349/ Elon Musk, Tim Cook and Larry Fink expected to join Trump’s entourage to Beijing this week #ChiefExecutiveOfficer(CEO) #China #citigroup #ElonMusk #LarryFink #TimCook #Visa #XiJinping
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Goldman Sachs Group generated its highest revenue from Japan in more than a decade, leading a bumper year for global banks as they sought to capitalize on the country's financial-market rebound. https://www.japantimes.co.jp/business/2026/05/12/companies/goldman-japan-revenue-high/?utm_medium=Social&utm_source=mastodon #business #companies #goldmansachs #citigroup #banks #brokerages #japaneseeconomy #stocks
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Goldman Sachs Group generated its highest revenue from Japan in more than a decade, leading a bumper year for global banks as they sought to capitalize on the country's financial-market rebound. https://www.japantimes.co.jp/business/2026/05/12/companies/goldman-japan-revenue-high/?utm_medium=Social&utm_source=mastodon #business #companies #goldmansachs #citigroup #banks #brokerages #japaneseeconomy #stocks
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Goldman Sachs Group generated its highest revenue from Japan in more than a decade, leading a bumper year for global banks as they sought to capitalize on the country's financial-market rebound. https://www.japantimes.co.jp/business/2026/05/12/companies/goldman-japan-revenue-high/?utm_medium=Social&utm_source=mastodon #business #companies #goldmansachs #citigroup #banks #brokerages #japaneseeconomy #stocks
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Goldman Sachs Group generated its highest revenue from Japan in more than a decade, leading a bumper year for global banks as they sought to capitalize on the country's financial-market rebound. https://www.japantimes.co.jp/business/2026/05/12/companies/goldman-japan-revenue-high/?utm_medium=Social&utm_source=mastodon #business #companies #goldmansachs #citigroup #banks #brokerages #japaneseeconomy #stocks
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Goldman’s Japan revenue hits 15-year high as foreign banks shine
Goldman Sachs Group generated its highest revenue from Japan in more than a decade, leading a bumper year for global banks as they sought to capitalize on the country’s financial-market rebound. Net revenue at Goldman Sachs’ local brokera…
#Japan #JP #JapanNews #Banks #brokerages #citigroup #GoldmanSachs #Japaneseeconomy #news #stocks
https://www.alojapan.com/1485304/goldmans-japan-revenue-hits-15-year-high-as-foreign-banks-shine/ -
Goldman’s Japan revenue hits 15-year high as foreign banks shine
Goldman Sachs Group generated its highest revenue from Japan in more than a decade, leading a bumper year for global banks as they sought to capitalize on the country’s financial-market rebound. Net revenue at Goldman Sachs’ local brokera…
#Japan #JP #JapanNews #Banks #brokerages #citigroup #GoldmanSachs #Japaneseeconomy #news #stocks
https://www.alojapan.com/1485304/goldmans-japan-revenue-hits-15-year-high-as-foreign-banks-shine/ -
https://www.alojapan.com/1485304/goldmans-japan-revenue-hits-15-year-high-as-foreign-banks-shine/ Goldman’s Japan revenue hits 15-year high as foreign banks shine #Banks #brokerages #citigroup #GoldmanSachs #Japan #JapanNews #JapaneseEconomy #news #stocks Goldman Sachs Group generated its highest revenue from Japan in more than a decade, leading a bumper year for global banks as they sought to capitalize on the country’s financial-market rebound. Net revenue at Goldman Sachs’ local brokerage arm rose 10% to ¥125.5 billion ($800 million) i
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https://www.alojapan.com/1485304/goldmans-japan-revenue-hits-15-year-high-as-foreign-banks-shine/ Goldman’s Japan revenue hits 15-year high as foreign banks shine #Banks #brokerages #citigroup #GoldmanSachs #Japan #JapanNews #JapaneseEconomy #news #stocks Goldman Sachs Group generated its highest revenue from Japan in more than a decade, leading a bumper year for global banks as they sought to capitalize on the country’s financial-market rebound. Net revenue at Goldman Sachs’ local brokerage arm rose 10% to ¥125.5 billion ($800 million) i
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US Top News and Analysis | Trump invites Elon Musk, Tim Cook, Larry Fink and other CEOs to join China trip for Xi summit
AI generated summary, Read the full article for complete information.
President Donald Trump has invited a delegation of top U.S. executives—including Tesla CEO Elon Musk, Apple CEO Tim Cook, BlackRock CEO Larry Fink, Boeing CEO Kelly Ortberg, as well as leaders from Blackstone, Cargill, Citi, Cisco, GE Aerospace, Goldman Sachs, Illumina, Mastercard, Meta, Micron, Qualcomm, Visa and others—to join his trip to China for meetings with President Xi Jinping, with the agenda focused on trade, artificial‑intelligence cooperation, export controls, Taiwan and the Iran conflict, and with Trump hoping to secure a series of business deals and purchase agreements during the summit.
Read more: https://www.cnbc.com/2026/05/11/trump-ceos-elon-musk-tim-cook-larry-fink-xi-china-summit.html
#Trump #ElonMusk #TimCook #LarryFink #XiJinping #BlackRock #Boeing #Blackstone #Citigroup #GoldmanSachs # #DonaldTrump #KellyOrtberg #StephenSchwarzman #BrianSikes #JaneFraser #ChuckRobbins #JimAnderson #LawrenceCulp #DavidSolomon #JacobThaysen #MichaelMiebach #DinaPowellMcCormick #SanjayMehrotra #CristianoAmon #RyanMcInerney
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US Top News and Analysis | Trump invites Elon Musk, Tim Cook, Larry Fink and other CEOs to join China trip for Xi summit
AI generated summary, Read the full article for complete information.
President Donald Trump has invited a delegation of top U.S. executives—including Tesla CEO Elon Musk, Apple CEO Tim Cook, BlackRock CEO Larry Fink, Boeing CEO Kelly Ortberg, as well as leaders from Blackstone, Cargill, Citi, Cisco, GE Aerospace, Goldman Sachs, Illumina, Mastercard, Meta, Micron, Qualcomm, Visa and others—to join his trip to China for meetings with President Xi Jinping, with the agenda focused on trade, artificial‑intelligence cooperation, export controls, Taiwan and the Iran conflict, and with Trump hoping to secure a series of business deals and purchase agreements during the summit.
Read more: https://www.cnbc.com/2026/05/11/trump-ceos-elon-musk-tim-cook-larry-fink-xi-china-summit.html
#Trump #ElonMusk #TimCook #LarryFink #XiJinping #BlackRock #Boeing #Blackstone #Citigroup #GoldmanSachs # #DonaldTrump #KellyOrtberg #StephenSchwarzman #BrianSikes #JaneFraser #ChuckRobbins #JimAnderson #LawrenceCulp #DavidSolomon #JacobThaysen #MichaelMiebach #DinaPowellMcCormick #SanjayMehrotra #CristianoAmon #RyanMcInerney
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US Top News and Analysis | Trump invites Elon Musk, Tim Cook, Larry Fink and other CEOs to join China trip for Xi summit
AI generated summary, Read the full article for complete information.
President Donald Trump has invited a delegation of top U.S. executives—including Tesla CEO Elon Musk, Apple CEO Tim Cook, BlackRock CEO Larry Fink, Boeing CEO Kelly Ortberg, as well as leaders from Blackstone, Cargill, Citi, Cisco, GE Aerospace, Goldman Sachs, Illumina, Mastercard, Meta, Micron, Qualcomm, Visa and others—to join his trip to China for meetings with President Xi Jinping, with the agenda focused on trade, artificial‑intelligence cooperation, export controls, Taiwan and the Iran conflict, and with Trump hoping to secure a series of business deals and purchase agreements during the summit.
Read more: https://www.cnbc.com/2026/05/11/trump-ceos-elon-musk-tim-cook-larry-fink-xi-china-summit.html
#Trump #ElonMusk #TimCook #LarryFink #XiJinping #BlackRock #Boeing #Blackstone #Citigroup #GoldmanSachs # #DonaldTrump #KellyOrtberg #StephenSchwarzman #BrianSikes #JaneFraser #ChuckRobbins #JimAnderson #LawrenceCulp #DavidSolomon #JacobThaysen #MichaelMiebach #DinaPowellMcCormick #SanjayMehrotra #CristianoAmon #RyanMcInerney
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US Top News and Analysis | Trump invites Elon Musk, Tim Cook, Larry Fink and other CEOs to join China trip for Xi summit
AI generated summary, Read the full article for complete information.
President Donald Trump has invited a delegation of top U.S. executives—including Tesla CEO Elon Musk, Apple CEO Tim Cook, BlackRock CEO Larry Fink, Boeing CEO Kelly Ortberg, as well as leaders from Blackstone, Cargill, Citi, Cisco, GE Aerospace, Goldman Sachs, Illumina, Mastercard, Meta, Micron, Qualcomm, Visa and others—to join his trip to China for meetings with President Xi Jinping, with the agenda focused on trade, artificial‑intelligence cooperation, export controls, Taiwan and the Iran conflict, and with Trump hoping to secure a series of business deals and purchase agreements during the summit.
Read more: https://www.cnbc.com/2026/05/11/trump-ceos-elon-musk-tim-cook-larry-fink-xi-china-summit.html
#Trump #ElonMusk #TimCook #LarryFink #XiJinping #BlackRock #Boeing #Blackstone #Citigroup #GoldmanSachs # #DonaldTrump #KellyOrtberg #StephenSchwarzman #BrianSikes #JaneFraser #ChuckRobbins #JimAnderson #LawrenceCulp #DavidSolomon #JacobThaysen #MichaelMiebach #DinaPowellMcCormick #SanjayMehrotra #CristianoAmon #RyanMcInerney
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... general strike. The move comes on the view that a sizable bonus provision could weigh on near-term earnings. Citigroup recently cut its target ...
Citigroup cut Samsung Electronics' target price to 300,000 won from 320,000 won, citing union strike-related bonus provision risks, but maintained its Buy rating on solid memory demand.#SamsungElectronics #Citigroup #targetpricecut #laborunionstrike #HBM #memoryshortage #DRAMdemand #semiconductoroutlook
Citi Cuts Samsung Electronics Target Price on Union Risks, Maintains Buy -
... general strike. The move comes on the view that a sizable bonus provision could weigh on near-term earnings. Citigroup recently cut its target ...
Citigroup cut Samsung Electronics' target price to 300,000 won from 320,000 won, citing union strike-related bonus provision risks, but maintained its Buy rating on solid memory demand.#SamsungElectronics #Citigroup #targetpricecut #laborunionstrike #HBM #memoryshortage #DRAMdemand #semiconductoroutlook
Citi Cuts Samsung Electronics Target Price on Union Risks, Maintains Buy -
... general strike. The move comes on the view that a sizable bonus provision could weigh on near-term earnings. Citigroup recently cut its target ...
Citigroup cut Samsung Electronics' target price to 300,000 won from 320,000 won, citing union strike-related bonus provision risks, but maintained its Buy rating on solid memory demand.#SamsungElectronics #Citigroup #targetpricecut #laborunionstrike #HBM #memoryshortage #DRAMdemand #semiconductoroutlook
Citi Cuts Samsung Electronics Target Price on Union Risks, Maintains Buy -
https://www.europesays.com/ch/55963/ UBS taps Citigroup’s Singla to lead fintech investment banking #applenews #Citigroup #finance/investing #Investing #InvestmentBanking #news #SYND #UBS #WSJPROFNOnline
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https://www.europesays.com/news/19799/ Why Wall Street is setting records even with the Iran war still going on #20242025MideastWars #20242026MideastWars #BankOfAmericaCorp #BrianMoynihan #Business #Citigroup #CMEGroup #Earnings #EconomicIndicators #Economy #EnergyMarkets #FederalReserveSystem #FinancialMarkets #GEVernova #GeneralNews #Headlines #Inc #Inflation #Iran #IranGovernment #IranWar #News #OilAndGasIndustry #PepsiCo #RamonLaguarta #StocksAndBonds #ThierryWizman #TopStories #USNews #UnitedHealthGroup
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https://www.europesays.com/iran/79350/ Why Wall Street is setting records even with the Iran war still going on #20242025MideastWars #20242026MideastWars #BankOfAmericaCorp #BrianMoynihan #Business #Citigroup #CMEGroup #Earnings #EconomicIndicators #Economy #EnergyMarkets #FederalReserveSystem #FinancialMarkets #GEVernova #GeneralNews #Inc #Inflation #Iran #IranGovernment #IranWar #OilAndGasIndustry #PepsiCo #RamonLaguarta #StocksAndBonds #ThierryWizman #USNews #UnitedHealthGroup
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For now, 5 #banks are expected to work on the offering — #BankOfAmerica, #Citigroup, #GoldmanSachs, #JPMorganChase & #MorganStanley. The #LawFirms #GibsonDunn & #DavisPolk are also advising on the deal.
Musk’s agreement with banks is a big score for #SpaceX, which merged with #xAI in February & whose #Grok is a distant 4th in the #AI race behind #OpenAI’s #ChatGPT, #Claude & #Google’s #Gemini.
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For now, 5 #banks are expected to work on the offering — #BankOfAmerica, #Citigroup, #GoldmanSachs, #JPMorganChase & #MorganStanley. The #LawFirms #GibsonDunn & #DavisPolk are also advising on the deal.
Musk’s agreement with banks is a big score for #SpaceX, which merged with #xAI in February & whose #Grok is a distant 4th in the #AI race behind #OpenAI’s #ChatGPT, #Claude & #Google’s #Gemini.
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For now, 5 #banks are expected to work on the offering — #BankOfAmerica, #Citigroup, #GoldmanSachs, #JPMorganChase & #MorganStanley. The #LawFirms #GibsonDunn & #DavisPolk are also advising on the deal.
Musk’s agreement with banks is a big score for #SpaceX, which merged with #xAI in February & whose #Grok is a distant 4th in the #AI race behind #OpenAI’s #ChatGPT, #Claude & #Google’s #Gemini.
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For now, 5 #banks are expected to work on the offering — #BankOfAmerica, #Citigroup, #GoldmanSachs, #JPMorganChase & #MorganStanley. The #LawFirms #GibsonDunn & #DavisPolk are also advising on the deal.
Musk’s agreement with banks is a big score for #SpaceX, which merged with #xAI in February & whose #Grok is a distant 4th in the #AI race behind #OpenAI’s #ChatGPT, #Claude & #Google’s #Gemini.
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For now, 5 #banks are expected to work on the offering — #BankOfAmerica, #Citigroup, #GoldmanSachs, #JPMorganChase & #MorganStanley. The #LawFirms #GibsonDunn & #DavisPolk are also advising on the deal.
Musk’s agreement with banks is a big score for #SpaceX, which merged with #xAI in February & whose #Grok is a distant 4th in the #AI race behind #OpenAI’s #ChatGPT, #Claude & #Google’s #Gemini.
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US banks in Paris tighten security, order remote work over pro-Iran threat
Citigroup and Goldman Sachs stepped up security in Paris on Thursday, telling staff they can work from home,…
#France #FR #Europe #EU #Paris #attemptedattack #BankofAmerica #Citigroup #explosivedevices #Frenchauthorities #Frenchgovernment #Frenchpolicesource #GoldmanSachs
https://www.europesays.com/france/1959/ -
Citigroup warns that further increases in U.S. Treasury yields could trigger a volatility event in equity markets, citing fiscal deficit concerns and potential policy shifts as key risks.
#YonhapInfomax #Citigroup #USTreasuryYield #VolatilityEvent #FiscalDeficit #ScottChronert #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=102077 -
Citigroup warns that further increases in U.S. Treasury yields could trigger a volatility event in equity markets, citing fiscal deficit concerns and potential policy shifts as key risks.
#YonhapInfomax #Citigroup #USTreasuryYield #VolatilityEvent #FiscalDeficit #ScottChronert #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=102077 -
𝗪𝗜𝗞𝗜𝗣𝗘𝗗𝗜𝗔'𝗦 𝗙𝗘𝗔𝗧𝗨𝗥𝗘𝗗 𝗔𝗥𝗧𝗜𝗖𝗟𝗘
✧ 20 Exchange Place ✧
20 Exchange Place is a skyscraper in the Financial District of Lower Manhattan, New York City. Completed in 1931, it was designed by Cross & Cross as the headquarters of the City Bank–Farmers Trust Company, predecessor of Citigroup. The building, standing at approximately 741 feet (226 m) with 57 usable stories, was one of New ...
#FinancialDistrict #CityBank #Manhattan #Citigroup #Wikipedia
https://en.wikipedia.org/wiki/20_Exchange_Place -
𝗪𝗜𝗞𝗜𝗣𝗘𝗗𝗜𝗔'𝗦 𝗙𝗘𝗔𝗧𝗨𝗥𝗘𝗗 𝗔𝗥𝗧𝗜𝗖𝗟𝗘
✧ 20 Exchange Place ✧
20 Exchange Place is a skyscraper in the Financial District of Lower Manhattan, New York City. Completed in 1931, it was designed by Cross & Cross as the headquarters of the City Bank–Farmers Trust Company, predecessor of Citigroup. The building, standing at approximately 741 feet (226 m) with 57 usable stories, was one of New ...
#FinancialDistrict #CityBank #Manhattan #Citigroup #Wikipedia
https://en.wikipedia.org/wiki/20_Exchange_Place -
𝗪𝗜𝗞𝗜𝗣𝗘𝗗𝗜𝗔'𝗦 𝗙𝗘𝗔𝗧𝗨𝗥𝗘𝗗 𝗔𝗥𝗧𝗜𝗖𝗟𝗘
✧ 20 Exchange Place ✧
20 Exchange Place is a skyscraper in the Financial District of Lower Manhattan, New York City. Completed in 1931, it was designed by Cross & Cross as the headquarters of the City Bank–Farmers Trust Company, predecessor of Citigroup. The building, standing at approximately 741 feet (226 m) with 57 usable stories, was one of New ...
#FinancialDistrict #CityBank #Manhattan #Citigroup #Wikipedia
https://en.wikipedia.org/wiki/20_Exchange_Place -
𝗪𝗜𝗞𝗜𝗣𝗘𝗗𝗜𝗔'𝗦 𝗙𝗘𝗔𝗧𝗨𝗥𝗘𝗗 𝗔𝗥𝗧𝗜𝗖𝗟𝗘
✧ 20 Exchange Place ✧
20 Exchange Place is a skyscraper in the Financial District of Lower Manhattan, New York City. Completed in 1931, it was designed by Cross & Cross as the headquarters of the City Bank–Farmers Trust Company, predecessor of Citigroup. The building, standing at approximately 741 feet (226 m) with 57 usable stories, was one of New ...
#FinancialDistrict #CityBank #Manhattan #Citigroup #Wikipedia
https://en.wikipedia.org/wiki/20_Exchange_Place -
𝗪𝗜𝗞𝗜𝗣𝗘𝗗𝗜𝗔'𝗦 𝗙𝗘𝗔𝗧𝗨𝗥𝗘𝗗 𝗔𝗥𝗧𝗜𝗖𝗟𝗘
✧ 20 Exchange Place ✧
20 Exchange Place is a skyscraper in the Financial District of Lower Manhattan, New York City. Completed in 1931, it was designed by Cross & Cross as the headquarters of the City Bank–Farmers Trust Company, predecessor of Citigroup. The building, standing at approximately 741 feet (226 m) with 57 usable stories, was one of New ...
#FinancialDistrict #CityBank #Manhattan #Citigroup #Wikipedia
https://en.wikipedia.org/wiki/20_Exchange_Place -
Citigroup will cut 3,500 IT jobs in China by Q4 2025, mainly at its Shanghai and Dalian centers, as part of a global cost-cutting drive and ongoing restructuring efforts.
#YonhapInfomax
#Citigroup #ITJobs #China #CostCutting #Restructuring
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=66408 -
China's Two Sessions economic targets boost investor confidence, leading to positive assessments of Chinese stock market and Citigroup's upgrade of investment rating
#YonhapInfomax #ChinaTwoSessions #EconomicPolicy #InvestorConfidence #StockMarket #Citigroup #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=54041 -
Citigroup überweist versehentlich 81 Billionen Dollar an Kunden
Einem Medienbericht zufolge hat das US-Geldinstitut Citigroup aus Versehen eine Überweisung von 81.000.000.000.000 Dollar veranlasst. Dabei sollte eigentlich nur der Betrag von 280 Dollar das Konto wechseln.
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#MorganStanley zieht sich aus der #NetZeroBankingAlliance zurück – wie zuvor #Citigroup und #BankOfAmerica.
https://orf.at/stories/3380598/
Die #Klimakoalition zielt auf Netto-null-Emissionen bis 2050 ab. Gründe nannte die Bank nicht, betont aber ihr Engagement für #Klimaziele. Politischer Druck in den USA könnte eine Rolle spielen.
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#MorganStanley zieht sich aus der #NetZeroBankingAlliance zurück – wie zuvor #Citigroup und #BankOfAmerica.
https://orf.at/stories/3380598/
Die #Klimakoalition zielt auf Netto-null-Emissionen bis 2050 ab. Gründe nannte die Bank nicht, betont aber ihr Engagement für #Klimaziele. Politischer Druck in den USA könnte eine Rolle spielen.
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#MorganStanley zieht sich aus der #NetZeroBankingAlliance zurück – wie zuvor #Citigroup und #BankOfAmerica.
https://orf.at/stories/3380598/
Die #Klimakoalition zielt auf Netto-null-Emissionen bis 2050 ab. Gründe nannte die Bank nicht, betont aber ihr Engagement für #Klimaziele. Politischer Druck in den USA könnte eine Rolle spielen.
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#MorganStanley zieht sich aus der #NetZeroBankingAlliance zurück – wie zuvor #Citigroup und #BankOfAmerica.
https://orf.at/stories/3380598/
Die #Klimakoalition zielt auf Netto-null-Emissionen bis 2050 ab. Gründe nannte die Bank nicht, betont aber ihr Engagement für #Klimaziele. Politischer Druck in den USA könnte eine Rolle spielen.
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Morgan Stanley becomes latest bank to leave ‘net-zero’ climate alliance https://www.byteseu.com/616818/ #Agriculture #BankOfAmerica #Citigroup #Climate #ClimateAction #ClimateChange #decarbonization #GlobalWarming #GreenhouseEmissions #MorganStanley #NetZeroBankingAlliance
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Saudi Arabia will host the biggest names in finance and technology this coming week in a test of investor appetite for the kingdom’s ambitions of transforming itself into a global hub at a time of widening regional conflict. https://www.japantimes.co.jp/business/2024/10/28/tech/wall-street-tech-saudi-war/ #business #tech #wallstreet #saudiarabia #tech #mohammedbinsalman #vision2030 #goldmansachs #davidsolomon #citigroup #janefraser #blackrock #larryfink #alphabet #ruthporat #tiktok #shouchew #benjaminhorowitz
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#Banks and financial institutions profiting from #weapons
By Clare Carlile
Friday 7th of April 2023High street banks are funding some of the world’s most notorious #ArmsCompanies. We look at which banks are involved and what consumers can do. We also look at the wider financial industry and its links with #NuclearWeapons in particular.
How are banks financing the arms industry?
"Banks are behind almost every industry in the world, through their loans, insurance and other kinds of financing, including the arms industry.
"By funding arms companies, banks allow them to grow and innovate – developing new forms of #lethal weapons.
"In fact, banks are behind companies involved in the very worst forms of arms, such as nuclear weapons and #ClusterMunitions, despite the latter being banned by 120 countries.
"Unsurprisingly, arms companies are not generally picky about who they sell weapons to. This means that if a bank is funding an arms company, it may well be one that is selling to oppressive regimes.
Which banks are involved in financing arms companies?
"Unfortunately, many banks still finance arms companies.
"While some have said they will not fund the most destructive weapons, lots fall far short of refusing funding to arms companies altogether. And it is not just banks that are involved in the global arms trade. Lots of other financial institutions, such as investors, are also involved.
"Over three quarters of the brands included in our ethical current accounts guide lost half a mark under Arms & Military supply for their investments. This included all the five major high street banks: #Barclays, #HSBC, #Lloyds, #NatWest and #Santander.
"Banks such as Barclays, Lloyds, NatWest, Santander and #Citigroup, and other financial institutions such as #Aviva and #OldMutual have been named in relation to funding cluster munitions, nuclear weapons on the sale of arms to #Yemen.
What weapons are banks funding?
Banks funding cluster munitions“Cluster munitions are indiscriminate weapons that pose a serious threat to civilian populations during and long after an attack. They spread dozens, or even hundreds, of bomblets called submunitions over an area the size of a football stadium or even more. On impact cluster munitions kill or maim anyone that is in that area. Also, many submunitions fail to explode on impact: they remain on the ground like landmines that kill and injure civilians long after the conflict has ended.'
"120 countries have signed a Convention that that bans the use, production, stockpiling and transfer of #ClusterBombs.
"Yet, in 2018, the Cluster Munition Coalition found that financial institutions had invested almost $9 billion in companies producing cluster munitions. Citigroup and Old Mutual were both found to invest in companies involved.
"Amongst the banks named in the report, Triodos, Co-operative Bank and Royal Bank of Scotland were all praised for having divestment policies in place.
"However, Aviva, Axa, Deutsche Bank, Edentree Investment Management, HSBC, Lloyds Banking Group, Bank of Scotland and Standard Chartered were all found to have incomplete policies in place."
https://www.ethicalconsumer.org/money-finance/banks-weapons
#WarIsBigBusiness #NoWar #WeaponsManufacturers #NoNuclearWeapons
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Citigroup $C reported Q3 EPS of $1.51, above the forecast of $1.30. Revenue came in at $20.32B, exceeding the expected $19.84B.
PNC Financial $PNC posted Q3 EPS of $3.49, beating the forecast of $3.30. Revenue reached $5.43B, slightly higher than the expected $5.39B.
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Federal Watchdogs Flag 4 Major US Banks for Lack of Crisis Management; Demand Living Will Revisions - Federal authorities have spotlighted critical deficiencies in the crisis managemen... - https://news.bitcoin.com/federal-watchdogs-flag-4-major-us-banks-for-lack-of-crisis-management-demand-living-will-revisions/ #crisismanagement #resolutionplans #federalreserve #bankofamerica #jpmorganchase #goldmansachs #systemicrisk #compliance #regulation #citigroup #economics #finance #banking #fdic
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Apple stellt Pay Later-Dienst nach einem Jahr ein
Apple gibt bekannt, dass der Pay Later-Dienst, der es Kund:innen ermöglichte, Einkäufe in Raten zu bezahlen, eingestellt wird. Dies markiert einen Rückzug von Apples Bemühungen, mehr Fin
https://www.apfeltalk.de/magazin/news/apple-stellt-pay-later-dienst-nach-einem-jahr-ein/
#News #Services #Affirm #ApplePay #ApplePayLater #Citigroup #Drittanbieter #Finanzdienstleistungen #FlexibleZahlungen #GoldmanSachs #IOS18 #MasterCard #Ratenzahlungen -
#Trump told the approximately 80 #CEOs in attendance, including #Apple’s Tim Cook, #JPMorgan’s Jamie Dimon, #Citigroup’s Jane Fraser & #BankOfAmerica’s Brian Moynihan, that he would cut the #CorporateTax rate, currently at 21%, to 20%, because “it’s a round number.”
#Xerox CEO Steven Bandrowczak, #Gap Inc. President Richard Dixon & #Truist CEO Bill Rogers were also spotted.
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Why it's taking so long for Americans to get payments instantly
https://www.wsj.com/finance/banking/why-its-taking-so-long-for-americans-to-get-payments-instantly-83dc468a
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Why It's Taking So Long for Americans to Get Payments Instantly
https://www.wsj.com/finance/banking/why-its-taking-so-long-for-americans-to-get-payments-instantly-83dc468a
#ycombinator #Banking #Commercial_Banking #Banking_Credit #Financial_Services #North_America #United_States #Economic_News #SYND #WSJ_PRO_WSJ_com #Bank_of_New_York_Mellon #Citigroup #Bank_of_America #BAC #JPMorgan_Chase #JPM #LINK_i7_WP_WSJ_0001434596 #LINK_i4_WP_WSJ_0001434596 #LINK_i1_WP_WSJ_0001434596 #LINK_i6_WP_WSJ_0001434596 #LINK_i5_WP_WSJ_0001434596 #credit -
African payment startup Chipper Cash raises $13.8M Series A - African cross-border fintech startup Chipper Cash has closed a $13.8 million Series A funding round ... more: http://feedproxy.google.com/~r/Techcrunch/~3/tSn5OhJ38Cc/ #entrepreneurship #liquid2ventures #decienscapital #startupcompany #privateequity #hamserunjogi #sanfrancisco #techinafrica #unitedstates #africantech #chippercash #southafrica #joemontana #westafrica #citigroup #tanzania #america #nairobi #newyork #nigeria