Citizens Financial (CFG) Eyes to Enhance Private Credit
https://www.zacks.com/stock/news/2195118/citizens-financial-cfg-eyes-to-enhance-private-credit?cid=CS-ZC-FT-analyst_blog|company_news_-_finance_sector-2195118
Dec 07, 2023 - Citizens Financial (CFG) is conducting discussions with potential partners to enhance its private credit business.
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Citigroup (C) Eyes Asset-Based Lending Partnership With LuminArx
https://www.zacks.com/stock/news/2194878/citigroup-c-eyes-asset-based-lending-partnership-with-luminarx?cid=CS-ZC-FT-analyst_blog|company_news_-_finance_sector-2194878
Dec 07, 2023 - Citigroup's (C) markets division is negotiating a structure to acquire a minority stake in LuminArx gradually.
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Top Analyst Reports for Chevron, SAP & United Parcel Service
https://www.zacks.com/commentary/2195370/top-analyst-reports-for-chevron-sap-united-parcel-service?cid=CS-ZC-FT-research_daily-2195370
Dec 08, 2023 - Today's Research Daily features new research reports on 16 major stocks, including Chevron Corporation (CVX), SAP SE (SAP) and United Parcel Service, Inc. (UPS).
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WRB or CNA: Which P&C Insurer Should You Buy for Higher Returns?
https://www.zacks.com/stock/news/2198150/wrb-or-cna-which-p-c-insurer-should-you-buy-for-higher-returns?cid=CS-ZC-FT-analyst_blog|comparison_of_stocks-2198150
Dec 14, 2023 - Let's see how W.R. Berkley (WRB) and CNA Financial (CNA) fare in terms of some of the key metrics.
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HSBC to Further Engage in Mergers, Disposals for Asia Expansion
https://www.zacks.com/stock/news/2198080/hsbc-to-further-engage-in-mergers-disposals-for-asia-expansion?cid=CS-ZC-FT-analyst_blog|company_news_-_finance_sector-2198080
Dec 14, 2023 - HSBC is looking for mergers, along with the disposal of unprofitable units in Asia, as part of its plan to expand its footprint in the region and serve its wealthy clients.
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Strength Seen in Wells Fargo (WFC): Can Its 5.8% Jump Turn into More Strength?
https://www.zacks.com/stock/news/2198577/strength-seen-in-wells-fargo-wfc-can-its-5-8-jump-turn-into-more-strength?cid=CS-ZC-FT-tale_of_the_tape|daily_price_change_5%-2198577
Dec 15, 2023 - Wells Fargo (WFC) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
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Citigroup (C) to Shut Distressed-Debt Trading Amid Volatility
https://www.zacks.com/stock/news/2201088/citigroup-c-to-shut-distressed-debt-trading-amid-volatility?cid=CS-ZC-FT-analyst_blog|company_news_-_finance_sector-2201088
Dec 21, 2023 - Citigroup (C) is expected to close its global distressed-debt trading business due to volatile returns, inherent business risk and operational challenges.
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MPLX Names C. Kristopher Hagedorn as CFO in Leadership Shift
https://www.zacks.com/stock/news/2202459/mplx-names-c-kristopher-hagedorn-as-cfo-in-leadership-shift?cid=CS-ZC-FT-analyst_blog|company_news_-_energy_sector-2202459
Dec 27, 2023 - MPLX appoints C. Kristopher Hagedorn as its CFO in place of John Quaid, signaling a strategic leadership shift in the dynamic energy infrastructure sector.
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Soft Loan Demand, High Cost to Ail Citigroup's (C) Q4 Earnings
https://www.zacks.com/stock/news/2206533/soft-loan-demand-high-cost-to-ail-citigroup-s-c-q4-earnings?cid=CS-ZC-FT-analyst_blog|earnings_preview-2206533
Jan 05, 2024 - Waning loan demand is likely to have hindered Citigroup's (C) Q4 NII growth. Also, the likelihood of a higher expense base is concerning. Nonetheless, green shoots in IB business is likely to aid results.
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Citigroup (C) to Establish Investment Banking Unit in China
https://www.zacks.com/stock/news/2206225/citigroup-c-to-establish-investment-banking-unit-in-china?cid=CS-ZC-FT-analyst_blog|company_news_-_finance_sector-2206225
Jan 05, 2024 - Citigroup (C) plans to establish a wholly owned investment banking unit in China within a year, expanding its operations in the world's second-largest economy. The unit will initially have 30 employees.
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