Shares of Companies Within the Banking and Financial Sector Are Trading Lower Amid Overall Market Weakness as Investors React to Developments Regarding Advancements in Chinese Artificial Intelligence. Additionally, Investors Could Be Assessing the...

BenzingaJan 27 23:54

Citigroup: Trump cannot reverse the process of Energy transition; the power of the economy will prevail.

Citigroup Analyst believes that USA President Donald Trump's policies will not impede the current pace of transitioning away from high-carbon Energy. Citigroup ESG Analyst Anita McBain and others wrote in a report that despite the Trump administration's determination to repeal the climate policies of the Biden era, there remains optimism that the Energy transition will succeed. They stated that today's Energy transition is more advanced than during Trump's first term, with the desire to produce cheap and safe Electrical Utilities aligning with the "Asia Vets, technological innovation, policy support, and economically viable solutions" provided by green energy. This comes just hours after Trump took office on January 20.

Global market broadcast.Jan 27 23:35

Citi's Ida Liu to Exit as Private Bank Is Overhauled -- Barrons.com

Barron'sJan 27 23:10

Bank of America's Sensitive Customer Data Compromised in Third-Party Hack - Is Your Account Safe?

BenzingaJan 27 04:45

Goldman Sachs, Citibank, Morgan Stanley...... Analysis of international investment banking performance!

In 2024, the global market financing activities are recovering, driving the investment banking and wealth management businesses of several major international investment banks to continue improving. Goldman Sachs' net income from equity underwriting and bond underwriting has increased by over 40%, Citigroup's investment banking business has grown by about one-third, and Morgan Stanley's net income for the year is expected to grow by approximately 45%. In addition, Blackrock's latest asset management scale has reached 11.6 trillion dollars.

Securities TimesJan 26 10:28

This Trend Could Spell Trouble for Bank Stocks -- Barron's

Barron'sJan 25 10:30