Citibank

Citi’s Problems and Solutions Look Suspiciously European - THE EDGE SINGAPORE

Zest

Citi's problems and solutions look suspiciously European

Citigroup's sale of Asean business to UOB, and announcement of sale of Mexican assets did not boost share price, Bloomberg finds
Citibank downgrades Netlink to ‘sell’ citing interest rate hikes and rate cuts for interconnections - THE EDGE SINGAPORE

Broker's Calls

Citibank downgrades Netlink to ‘sell’, citing interest rate hikes and interconnection rate cuts

Citibank has downgraded Netlink NBN Trust from a ‘buy’ to a ‘sell’ and dropped its target price from $1.08 to 90 cents.
Analysts mixed on SIA, CGS-CIMB calls 'hold' while Citi advises 'sell' - THE EDGE SINGAPORE

Broker's Calls

Analysts mixed on SIA, some think that recovery is 'priced in'

Analysts are spilt over what the future could hold for SIA. Find out more.
DBS upgrades KDC REIT, other analysts remain neutral  - THE EDGE SINGAPORE

Broker's Calls

DBS upgrades KDC REIT, other analysts remain neutral

DBS Group Research upgrades its rating on KDC to "buy", but other analysts are less optimistic.
UOB reportedly among three potential bidders for Citi’s consumer banking assets in Malaysia - THE EDGE SINGAPORE

Zest

UOB reportedly among three potential bidders for Citi’s consumer banking assets in Malaysia

The other potential bidders are Standard Chartered and Hong Leong Bank, according to sources.
Jonathan Gan joins Citi's Private Capital Group as head of South Asia - THE EDGE SINGAPORE

New appointments

Jonathan Gan joins Citi's Private Capital Group as head of South Asia

Citi's Private Capital Group sees a new head for South Asia.
Covid-19 in the White House is startling, but a contested election would be worse - THE EDGE SINGAPORE

US Presidential Race

Covid-19 in the White House is startling, but a contested election would be worse

"We believe it is time for caution but not panic,” says Bank of Singapore (BOS) Head of Investment Strategy Eli Lee.

In print this week

Former banker founded Charismatic Capital to offer stock loan financing to underserved companies

Stock loans are nothing new. This form of financing requires borrowers to put up shares as collateral in exchange for a loan. However, the global financial crisis (GFC) in 2008 changed all of that.

Tech

Why Google wants to be your bank

SINGAPORE (Nov 25): If you want to open a bank account or, for now specifically, a checking account in California, you will soon be able to just Google it. Last week, the search giant announced that it was formally tiptoeing into banking — albeit piggyb

Global stocks

EPS growth of global markets likely to slow from 16% to 5%: Citi 2H outlook

SINGAPORE (June 25): Diversify your investments; Don’t time the markets; and look at opportunities in Emerging Markets, says Citi Private Bank in its mid-year outlook report.
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