Tom Yeung here with your Sunday Digest. In 2008, Citigroup Inc. (C) was in trouble.  The bank had poured billions into mortgage-backed securities, and these complex instruments were now blowing up in their faces. The firm even became the poster child of foolish Wall Street risk-taking after its CEO, Chuck Prince, tried to defend his bank’s actions by quipping, “as long as the music is playing, you’ve got to get up and dance. We’re still dancing.”  The U.S. government knew the bank had danced its way into di ...

The AI revolution, which began with the launch of ChatGPT, is now having a significant impact on multiple industries. Amjad Masad, the CEO of programming software company Replit, said in a recent program on Bloomberg that AI is now able to write code based on simple English commands and people have begun to trust the code generated by AI tools. Masad, whose company Replit recently raised $250 million on $3 billion valuation, explained the roots of vibe coding. “Andrej Karpathy (Slovak-Canadian computer scie ...

Key Takeaways Citigroup partners with Dandelion to integrate WorldLink with its digital wallet network.The collaboration enables near-instant B2C payments into wallets across multiple markets.Clients gain access to over 150 digital destinations, strengthening C's global reachCitigroup Inc. (C) and Dandelion, a subsidiary of Euronet Worldwide, Inc., collaborate to enhance cross-border payments by integrating Citigroup’s WorldLink Payment Services with Dandelion’s extensive digital wallet network.In recent ye ...

Key Takeaways The Fed cut rates 25 bps to 4.00-4.25%, boosting prospects for banks like C and WFC.C's NII is projected to rise 4% y/y in 2025, while WFC expects NII of $47.7 billion. C stock has surged 65.1% in a year versus WFC's 50.9%, with C trading at a lower P/E multiple.The financials of both Citigroup, Inc. (C) and Wells Fargo & Company (WFC) are influenced by the Federal Reserve’s interest rate trajectory. Both major banks offer compelling but different opportunities. A relatively lower-rate environ ...

Citigroup Inc. (NYSE:C) is one of the best value stocks in Goldman Sachs’ portfolio. On September 23, 2025, Oppenheimer analyst Chris Kotowski reaffirmed a Buy rating on Citigroup, with a price target of $123, slightly trimmed from $124. Kotowski pointed out that the banking sector is entering a period of steady earnings growth, with estimates showing low-teens growth expected in 2026. He supports his view by highlighting major trends that are visible now. First of all, he states that loan growth is impro ...

(Bloomberg) -- A former Citigroup Inc. employee who allegedly said it was a “nightmare” to work with Indians during an job interview was dismissed lawfully, a London judge ruled throwing out all claims that she was discriminated against.  Ann Watson, who worked as a senior vice president in the Finance Solutions Group, made a “racist and offensive” comment, the London employment tribunal judge ruled on Friday. Employment Judge Safia Iman also rejected Watson’s claim that the offensive comment were caused ...

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Highlights: Citi and Dandelion are collaborating to enable near-instant, full-value cross-border payments directly into digital wallets across the globe, leveraging Citi’s WorldLink® Payment Services and Dandelion’s extensive digital wallet network.The collaboration is launching in the Philippines, Indonesia, Bangladesh and Colombia, enhancing Citi’s offering and facilitating faster and more cost-effective business-to-consumer payments, from remittances to payroll and social benefits.This initiative is part ...

股权变动 - 花旗集团持有紫金矿业H股多头头寸比例从6.76%下降至5.71% [1]

转自：新华财经 •法国兴业银行：欧洲债市波动率下行，青睐法、西、意国债套利机会 •花旗集团：泰国央行或10月降息以遏制泰铢过快升值 •巴克莱：内外因素压制英镑，反弹空间受限 •星展银行：新加坡制造业波动延续，半导体周期受AI支撑 【机构分析】 •法国兴业银行策略师指出，欧洲政府债券市场的已实现波动率与隐含波动率正呈现显著下行趋势，主 要国家债券收益率持续走高，为套利交易创造了有利环境。当前市场条件有利于在收益率曲线的五年期 区间进行布局，并将法国国债（OATs）列为首选，称其"尤其具有吸引力"。此外，西班牙和意大利国 债也具备投资潜力。这一判断部分基于近期意大利获得信用评级上调，以及西班牙即将迎来惠誉和穆迪 的评级评估，市场普遍预期其评级有望改善。 •惠誉旗下机构 BMI 指出，受印尼国内政治担忧和结构性问题影响，印尼未来 10 年 GDP 增长或逐渐放 缓。印尼总统目标是通过系列措施在 2029 年前实现 8.0% 增长、2045 年前成为高收入国家，但 BMI 认 为这些不足以使经济增长率从 5.0% 的长期平均水平提升。此外，印尼出现民主倒退迹象，地缘政治背 景不确定性加剧，或长期削弱投资者信心、减缓投 ...