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Keywords: Citigroup


Citi raises S&P 500 years-end target to 8,100 on strong earnings and AI growth outlook

Citigroup has raised its year-end forecast for the S&P 500 index, reflecting stronger-than-expected corporate earnings and continued optimism around artificial intelligence-driven growth in the global economy. The investment bank now expects the benchmark index to reach 8,100 points by the end of......

Citi to boost Asia wealth business with significant hiring plans

Citigroup plans to significantly expand its wealth management operations in Asia through a major recruitment drive, according to the company’s global head of wealth management, Andy Sieg. The U.S.-based financial institution is focusing a large portion of its global hiring strategy on Asia, where......

Citi and BlackRock’s HPS launch major private credit program in Europe and the Middle East

Citigroup and BlackRock, through its subsidiary HPS Investment Partners, have announced a major partnership to launch a private credit program valued at approximately 17.5 billion dollars. The initiative aims to expand direct lending activities across Europe, the United Kingdom, and eventually the Middle......

Chinese officials meet Citigroup and Goldman sachs executives in Beijing

Chinese officials held high-level meetings in Beijing with leading American financial executives as both countries continue efforts to strengthen economic dialogue despite ongoing geopolitical tensions. According to reports from state-backed media, senior Chinese authorities, including officials from......

Citigroup to announce new profit targets at investor day, CEO says

Citigroup is expected to present updated medium-term profit targets during its upcoming investor day on Thursday, according to CEO Jane Fraser. The announcement will highlight the bank’s ongoing transformation, aimed at improving efficiency, reducing costs, and increasing revenues. Strategic restructuring......

Citi hires Deutsche bank executive Wagner to strengthen private company coverage in Germany and Austria

Global financial institution Citigroup has appointed Henning Wagner, previously of Deutsche Bank, as its new Head of Private Company Coverage for Germany and Austria, according to an internal memo reported by Reuters. Wagner is expected to join Citi in the third quarter of the year, where he will focus......

CME reforms silver futures as metal hits record highs

Silver surged past $90 per ounce for the first time on January 13 and 14, capping a stunning rally that has lifted the white metal nearly 200% since January 2025 and outpaced gold in what analysts call a structural revaluation driven by supply shortages and booming industrial demand. Spot silver touched......

Liquidity squeeze blamed for Bitcoin crash after reaching record high

Bitcoin’s recent market turbulence has captured global attention, as the cryptocurrency briefly surged past $126,000 before plunging in a sudden correction. The dramatic price swing has reignited debates over the factors driving its volatility. New analysis from Citigroup suggests that the sharp......

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