JPMorgan Chase, BoA, Citigroup Plan USD-Backed Stablecoin Initiative

Leading U.S. banks are in early talks to launch a joint stablecoin venture, while the Trump family’s USD1 stablecoin surges to prominence, highlighting blockchain’s growing role in reshaping digital payments and raising ethical concerns. A Stablecoin …

Chinese vice premier meets chair of Citigroup, CEO of Carlyle Group respectively

BEIJING, May 23 (Xinhua) -- Chinese Vice Premier He Lifeng met with Chair of Citigroup John Dugan and CEO of Carlyle Group Harvey Schwartz separately in Beijing on Friday. He, also a member of the Political Bureau of the Communist Party of China Central …

JPMorgan, Bank of America, Citigroup, and Wells Fargo explore joint stablecoin project to challenge digital asset ...

Key Takeaways Major US banks are collaborating on a stablecoin initiative to compete with the crypto industry. The project highlights the integration of digital assets within traditional banking infrastructure. Share this article America’s biggest banks …

Citigroup launches AI tool for Hong Kong employees to streamline operations

Citigroup has launched Citi AI, a suite of artificial intelligence tools designed to enhance internal workflows for employees, starting with its Hong Kong operations. The tools assist with tasks such as retrieving internal policy documents, summarising …

Former Citigroup traders drop Hong Kong lawsuit on cost concerns

[HONG KONG] Two former Citigroup traders in Hong Kong abandoned their employment lawsuits after weighing the costs and difficulties of taking it to a higher court, sources familiar with the matter said. Ex-Citi director Alrick Lee and Kenny Cheung, a …

Citigroup Unusual Options Activity

Whales with a lot of money to spend have taken a noticeably bullish stance on Citigroup. Looking at options history for Citigroup C we detected 17 trades. If we consider the specifics of each trade, it is accurate to state that 47% of the investors opened …

Macau GGR reaches $1.58B in 18 days of May: Citigroup 

Macau’s gross gaming revenue (GGR) has reached MOP12.7 billion ($1.58 billion) in the first 18 days of May, according to a Citigroup investment memo released Monday. Analysts George Choi and Timothy Chau maintain their May 2025 GGR forecast unchanged at …

Citigroup nabs Canaccord’s Paul Buys to head up research

Berkshire Trims Citigroup Inc. (C) and Other Financial Holdings

Berkshire Hathaway's most recent 13-F filing shows a strategic shift in its investment portfolio. The firm doubled its position in Constellation Brands—the US distributor of Modelo and Corona beers—while completely exiting its $1 billion stake in …

Trump tariffs reigniting trade fear from European Union

Speaking to reporters in The Hague, Dutch Prime Minister Dick Schoof backed the EU's strategy in trade talks and said the EU was likely to see this latest announcement as part of the negotiations. "We have seen before that tariffs can go up and …