Citigroup Inc. (C)
Final Trades: Deckers, Citigroup, Ares Management and Crowdstrike
The Investment Committee give you their top stocks to watch for the second half.
OpenAI establishes $4 bln credit facility
OpenAI said on Thursday it has established a new $4 billion credit facility with JPMorgan Chase, Citi, Goldman Sachs, Morgan Stanley, Santander, Wells Fargo, SMBC, UBS, and HSBC, in addition to the $6.6 billion investment the AI startup unveiled on Wednesday.
Citigroup's 2013 AML Enforcement Action Terminated by Federal Reserve
The enforcement action against C from 2013, which addressed flaws in the bank and its subsidiaries' AML practices, is officially terminated by the Fed.
Fed Terminates Decade-Old Money Laundering Enforcement Action vs Citigroup
The Federal Reserve has terminated a decade-old enforcement action against Citigroup that focused on deficiencies tied to the banking giant's anti-money laundering (AML) practices. On Oct. 1, the central bank announced the termination of the 2013 action — one that had not carried a fine.
Wells Fargo, Citigroup, Goldman Sachs Poised For Gains Amid Fed Rate Cuts - Morgan Stanley
Earlier this month, the Federal Reserve slashed interest rates by 50 basis points at its September Federal Open Market Committee meeting, lowering the federal funds rate in the range of 4.75%-5%.
Citi warns some employees about misconduct by staff, contractors, memo says
Citigroup warned some employees about fraud and unethical behavior and said it is considering tighter scrutiny on work done by contractors to ensure the company is billed accurately, according to a memo seen by Reuters on Friday.
Citigroup Inks Deal to Form Private Credit Program With Apollo
C enters into an agreement with APO to form a $25 billion private credit, direct lending program.
Wall Street Private-Credit Detente Reaches Apollo, Citi
The once-frosty relationship between private lenders and banks is thawing, as evidenced most recently by Apollo Global Management Inc.'s $25 billion venture with Citigroup Inc., Bloomberg's Sonali Basak says. Today's Wall Street Beat on "Bloomberg Open Interest" teed up the question: Do lower interest rates start to sap the appetite for private credit?
Citi teaming up with Apollo to handle $25 billion in private-credit investments
Citi and Apollo will handle loan portfolio with capital from insurance annuity company Athene and Abu Dhabi's Mubadala Investment Co.
Citigroup, Apollo Team Up in $25 Billion Private Credit Market Push
Citigroup and Apollo Global Management are joining forces in the private credit market, agreeing to work together on $25 billion worth of deals over the next five years. Sonali Basak reports on Bloomberg Television.
Citi, Apollo partner for $25 bln of private credit deals, Bloomberg News reports
Citigroup and private equity giant Apollo Global have struck a private credit partnership to work together on $25 billion of deals over the next five years, Bloomberg News reported on Thursday, citing a statement.
Should Investors Keep Citigroup Stock on Radar Post Fed Rate Cut?
C's financials are expected to benefit from the Fed rate cuts over the long term. Yet, ongoing legal scrutiny and rising credit losses are worrisome.
