Wall Street giant Citigroup is weighing plans to offer cryptocurrency custody and payment services, aiming to capitalize on a market bolstered by …
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Citigroup
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Citigroup Inc. (NYSE: C) is considering introducing crypto custody services to its customers. A top executive of Citigroup informed Reuters that the …
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Finance
Citigroup, JP Morgan, Goldman Sachs lead TradFi’s blockchain charge: Ripple
by shayaanby shayaanCitigroup, JPMorgan Chase, Goldman Sachs and Japan’s SBI Group have emerged as the most active players in traditional finance backing blockchain startups, …
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Analysis
Citigroup Braces for Loan Losses, Sets Aside Hundreds of Millions of Dollars for Potential Downturn Amid Tough Macro Environment: Report
by shayaanby shayaanThe financial giant Citigroup Inc. is reportedly bracing for loan losses amid macroeconomic uncertainty. To deal with the potential losses, the investment …
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Analysis
Billionaire Warren Buffett Dumps $3,230,000,000 of Berkshire’s Exposure To Citigroup, Bank of America and Capital One After Exiting Wells Fargo, JPMorgan Chase
by shayaanby shayaanBillionaire Warren Buffett just sold about $3.23 billion of Berkshire Hathaway’s stake in Citigroup, Bank of America and Capital One. After eliminating …
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Analysis
Crypto Exchange Gemini Quietly Files for IPO With Goldman Sachs and Citigroup: Report
by shayaanby shayaanThe crypto exchange founded by billionaire twins Tyler and Cameron Winklevoss has reportedly filed for an initial public offering (IPO). Citing people …
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Regulation
JPMorgan Chase, Wells Fargo, Bank of America, Citigroup and Morgan Stanley Examining or Eliminating DEI Language After Trump’s Executive Order: Report
by shayaanby shayaanBig banks are quietly scrubbing the public record of their diversity, equity and inclusion (DEI) policies following US President Donald Trump’s upheaval …
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Finance
How MicroStrategy Bitcoin Itch is Being Enabled by Barclays, Citigroup and Other Top Banks
by shayaanby shayaanTop banks stick their necks out to support Strategy’s (MicroStrategy) Bitcoin itch. Despite persisting debates about the sustainability of MicroStrategy’s (now Strategy) …
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Regulation
Russia Sent $5,000,000,000 Through JPMorgan Chase and Citigroup in Alleged Scheme To Evade Sanctions: Report
by shayaanby shayaanRussia reportedly sent a whopping $5 billion through banking giants JPMorgan Chase and Citigroup in a scheme to skirt US sanctions. According …
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Finance
JPMorgan Chase, Bank of America, Citigroup and Wells Fargo Consolidate Power Over Banking Industry Amid Record Profit Share: Report
by shayaanby shayaanAmerica’s biggest banks are about to lock in their largest share of the banking industry’s profits in nearly ten years after an …
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