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Qatar Investment Authority unit, SBI funds, Citigroup biggest buyers in Adani Energy's USD 1 billion QIP
The Rs 8,373.10 crore (USD 1 billion) qualified institutional placement (QIP) of Adani Energy Solut…
PTI
5 reasons the strength of the US dollar is here to stay through end of the decade
Ed Yardeni dismissed the growing narrative of de-dollarization, noting that there's a host of reaso…
Matthew Fox
Citigroup to cut 20,000 jobs in big corporate overhaul
Global banking major Citigroup will reduce 10 per cent of its workforce, or about 20,000 employees,…
Stock market today: futures mixed ahead of JPMorgan, BlackRock earnings
Wall Street was eager for good news from the banks on Friday after a hot inflation report dashed ho…
Theron Mohamed
Stock market today: futures mixed ahead of JPMorgan, BlackRock earnings
Wall Street was eager for good news from the banks on Friday after a hot inflation report dashed ho…
Theron Mohamed
Stock market today: US stocks drop as investors digest first batch of bank earnings
"There seems to be a large number of persistent inflationary pressures, which may likely continue,"…
Matthew Fox
Stock market today: Tech leads rebound as traders move on from CPI and brace for earnings
US stocks rebounded Thursday, moving past inflation fears that triggered a sell-off in Wednesday's …
Yuheng Zhan
Welcome back to Wall Street earnings season
Among other things, bankers and investors will be keeping an eye out for updates on Jamie Dimon's r…
Jordan Parker Erb
Stock market today: US stocks rise to records ahead of key June inflation report
This week will also see testimony from Fed chair Jerome Powell and the official start of earnings s…
Matthew Fox
Citigroup beats earnings views on strong trading results after rival banking giants fall short
"Trading volatility continued to create strong corporate client activity for us, driving revenue gr…
Jason Ma
Citigroup reports steep drop in 4th-quarter earnings as operating expenses pile up
Citigroup reported operating expenses that rose 18% year on year to $13.5 billion. Excluding the im…
Isabelle Lee
Citi beats 1st-quarter earnings forecasts as trading desks capitalize on volatility
Citi's revenue from stock and fixed-income trading beat consensus forecasts and sent the firm's sto…
Carla Mozée
US stocks trade mixed but notch weekly gains as interest rates fall ahead of Q3 earnings season
JPMorgan, Wells Fargo, Citigroup, and BlackRock kicked off third-quarter earnings season with profi…
Matthew Fox
Stock market today: Dow drops 475 points as Israel braces for potential attack from Iran
Investors were unimpressed with first-quarter earnings results from the mega-banks, with shares of …
Matthew Fox
The CEO who believes that there’s a lot more to digitise at banks
the new CEO of Kotak Mahindra Bank Ashok Vaswani thinks that a lot more technology can be deployed …
Citi blows past 3rd-quarter earnings estimates as trading and release of loss reserve drives 48% jump in profit
"The recovery from the pandemic continues to drive corporate and consumer confidence," said Citigro…
Carla Mozée
Why European stocks may soon start to outperform US equities, according to JPMorgan
The firm lays out five reasons why the Eurozone is set to close a return gap that's formed between …
Aruni Soni
Citigroup beats 2nd-quarter earnings estimates as strong stock-trading offsets fixed-income miss
Citi's equities sales and trading revenue grew 37% year over year to $1.06 billion, crushing analys…
Emily Graffeo
US stocks trade mixed but notch a weekly gain as earnings impress and inflation cools
Earnings results from JPMorgan, Wells Fargo, and BlackRock beat analyst estimates and showed no sig…
Matthew Fox
US stocks rise after banks set positive tone for 2nd-quarter earnings
Earnings reuslts from JPMorgan and Wells Fargo both beat analyst estimates and showed no signs of a…