Citigroup Inc

Citigroup has poached a Goldman Sachs partner to launch a new M&A advisory franchise in New York focusing on global healthcare, consumer and wellness as it seeks to increase its presence in key industries, according to a memo seen by Reuters.

Goldman Sachs and Citi on Tuesday raised their Brazilian 2021 gross domestic product growth forecasts to more than 5.0%, among the first in what could be a string of upward revisions from major banks after strong first quarter GDP data.

Hong Kong's security chief sent letters to media tycoon Jimmy Lai and branches of HSBC and Citibank this month threatening up to seven years' jail for any dealings with the billionaire's accounts in the city, according to documents seen by Reuters.

Citigroup has set a target to hire 1,000 wealth professionals in Hong Kong in the next five years, as it seeks to grow its Asian client assets under management by $150 billion following a record year, a statement from the U.S bank said.

A federal judge on Wednesday rejected Citigroup Inc's request to extend a freeze on about $504 million it accidentally sent a group of Revlon Inc lenders, while it appeals his decision that they can keep the money.

Former Wall Street executive and Democratic candidate for mayor of New York Ray McGuire will receive more than $5.7 million from Citigroup Inc as part of a bonus program, according to his annual financial disclosure report.

* OCBC, MUFG, Sumitomo Mitsui other potential bidders -sources

Citigroup has tasked one of its most senior London-based bankers with leading its new technology and communications franchise as the sector benefits from a wave of deals triggered by digital disruption.

Citigroup has tasked one of its most senior London-based bankers with leading a newly-launched technology and communications franchise as it seeks to boost its advisory business amid a wave of deals triggered by digital disruption.

Citigroup plans to expand its investment banking business in China and will soon apply to set up local underwriting, sales and trading and futures trading businesses by the end of June, a person with direct knowledge of the matter told Reuters.

National Australia Bank (NAB) on Friday declined to rule out buying the local consumer finance and credit card operations of Citigroup Inc , which unveiled plans to exit some businesses in Asia and Europe overnight.

Citigroup has added environmental, social and governance (ESG) scores to its securities services data platform for clients to track the sustainability exposure of their portfolio holdings, the U.S.-based banking group said on Thursday.

A push to attract young and diverse talent and global consumers is behind some of corporate America's willingness to speak out on politically charged issues like Georgia's new voting law, executives and corporate governance experts said.

Citi Group has hired Erika Irish Brown from rival Goldman Sachs Group Inc to lead its global diversity strategy, the bank said on its website on Friday.

Citigroup Inc's General Counsel Rohan Weerasinghe will retire from the bank after nearly a decade in the role, Chief Executive Officer Jane Fraser told staff on Tuesday, according to a memo seen by Reuters.

Lucid Motors on Monday agreed to go public through a merger with Churchill Capital IV Corp, a blank-check company backed by Wall Street dealmaker and former Citigroup banker Michael Klein, in a deal that valued the combined company at $11.75 billion. (Reporting by Niket...

Citigroup Inc's employees in Texas can take shelter in the company's offices, a company executive said on Friday, as the U.S. state battles a severe winter storm that caused blackouts and disrupted water services.

A federal judge on Tuesday said Citigroup Inc is not entitled to recoup half a billion dollars of its own money that it mistakenly wired lenders of Revlon Inc, in what he called "a banking error of perhaps unprecedented nature and magnitude."

Citigroup Inc's incoming chief executive officer Jane Fraser said on Tuesday she has decided to form a new global operating team to build accountability among its top leaders.