Citigroup Inc.
Coverage of Citigroup Inc. in the Nexus archive.
- Citigroup Offers Its First Investment-Grade Bonds of 2026
Citigroup Inc. is offering its first investment-grade bonds of 2026. The company is scheduled to release earnings figures on April 14, 2026, following a Citibank branch signage event in New York on April 9, 2026.
- Mehta Joins Citigroup’s Treasury as Head of Portfolio Management
Mehta has joined Citigroup’s Treasury as Head of Portfolio Management. Citigroup is planning to hire 500 people over the next three years for a new wealth division targeting junior employees at private equity offices, consultancies, and accounting firms, anticipating they will become ultra-wealthy in the future.
- Banks lay groundwork for mass workforce cuts as AI takes hold
Banks are adopting AI to automate hiring and operations, leading to widespread job cuts and uncertainty for finance professionals. Executives from major banks like JPMorgan Chase, Citigroup, and Goldman Sachs have acknowledged AI will eliminate roles, with junior positions being reduced by up to two-thirds. Students and workers face challenges as AI reshapes the industry, though retraining initiatives remain unclear.
- JPMorgan, Bank of America, Citi to start blockchain offensive with shared tokenized network
JPMorgan, Bank of America, and Citi are launching a shared tokenized blockchain network. The initiative marks a collaborative effort among major financial institutions to advance blockchain technology.
- Tech Rout Deepens India Stock Slump as Austerity Steps Kick Off
India's stock market is experiencing a slump due to a tech rout, with companies like Tata Consultancy Services Ltd. being affected. The company provides computer services and back office support to clients including Citigroup Inc. and Scandinavian Airlines System. Tata Consultancy recently completed its acquisition of France's Alti SA.
- Citigroup Reports $22 Billion of Private-Credit Exposure
Citigroup Inc. disclosed $22 billion in private-credit exposure in its latest financial report. The disclosure relates to its risk敞口 in private credit markets.
- What to Expect From JPMorgan, Citi After Goldman's Bond-Trading Miss
The article discusses market expectations for JPMorgan and Citi following Goldman Sachs' bond-trading misstep. Analysts are closely watching how these major financial institutions will respond to the incident, which could impact market stability and investor confidence.