BloombergTrades focused on Latin American currencies are among the top performers. The Brazilian real, for instance, has already returned 4.5% so far in 2026, building on last year’s 23.5%. The country’s interest rates are at 15% even though inflation has slowed toward the central bank’s target range. The Mexican peso’s carry trade has returned 4.3% this year, with Deutsche Bank maintaining a bullish stance on the currency.Citi strategists too are among those recommending buying the real against the dollar ...

(Jenny Kane / Associated Press) Behind the credit card, ubiquitous in American economic life now for decades, stand a very few gigantic financial institutions that exert nearly unlimited power over how much consumers and businesses pay for the use of a small piece of plastic. American consumers and small businesses alike are spitting fire these days about the cost of credit cards, while the companies profiting from them are making money hand over fist. We are now having a national conversation about wha ...

Group 1 - China Aluminum International (02068) saw a mid-day increase of over 2.4% after announcing a joint venture to undertake a new electrolytic aluminum project with an annual capacity of 394,000 tons, with the first phase set at 294,000 tons [1] - CGN Mining (01164) rose over 8.3% following the submission of a preliminary prospectus for a trust that plans to issue up to $2 billion in transferable, non-redeemable trust shares over 25 months, with annual uranium procurement not exceeding 9 million pounds [1] - China Shengmu Organic Milk (01432) increased nearly 6% after a joint announcement regarding a potential conditional cash offer to acquire all issued shares of the company [1] Group 2 - Yijun Group Holdings (02442) surged over 18%, with a cumulative increase of nearly 500% since its resumption of trading in December, following the sale of shares by its controlling shareholder [2] - China Rare Earth Holdings (03788) rose over 10%, reaching a historical high of 5.49 HKD, after announcing the termination of its gold spin-off plan to focus on gold business [2] - Laopuqin Gold (06181) increased over 7.3% as consumer demand is expected to rise during the upcoming Spring Festival, driven by higher gold prices and anticipated price increases [2] Group 3 - Oil stocks continued to rise, with CNOOC (02883) up 4.19%, Sinopec (00386) up 2.54%, and PetroChina (00857) up 3.68%, amid escalating geopolitical tensions in Iran and Cuba [3] - Changfei Optical Fiber (06869) saw a rise of over 15.4% due to significant price increases and supply tightness in the G.652.D optical fiber market, with major manufacturers unable to meet their own orders [3] Group 4 - Nanshan Aluminum International (02610) increased over 2.6% after announcing plans to start construction on a 250,000-ton electrolytic aluminum project in 2026, with an investment of $437 million [4] - Xindong Company (02400) saw a slight increase of 0.43% as its mobile game "Xindong Town" surpassed 10 million downloads, indicating strong user growth [4] Group 5 - EquipmentShare.com (EQPT.US) debuted on the US stock market with an IPO price of $24.5, closing up 32.9% on its first day [5] - The solar energy sector saw initial gains, with JinkoSolar (JKS.US) up 9.03% and Canadian Solar (CSIQ.US) up 4.57%, following discussions at the Davos Forum [5] - Silver-related stocks experienced gains, with First Majestic Silver (AG.US) rising 5.04% as spot silver prices surpassed $100 [5] Group 6 - Lithium mining stocks mostly rose, with Sigma Lithium (SGML.US) up 17.54% after announcing additional sales of high-purity lithium powder [6] - Bank stocks declined, with Goldman Sachs (GS.US) down 3.75% amid legal issues involving President Trump and JPMorgan [6] - Redwire (RDW.US) increased by 4.51% following comments from Elon Musk about SpaceX's plans for reusable rocket technology [6] Group 7 - Semiconductor stocks showed strength, with AMD (AMD.US) up 2.35% and Nvidia (NVDA.US) up 1.53%, as Nvidia's CEO visited China to discuss future plans [7] - Ericsson (ERIC.US) rose 8.87% after reporting strong fourth-quarter earnings, with adjusted EBITA reaching 12.7 billion SEK, a 24% increase year-over-year [8] - Intel (INTC.US) fell 17.03% due to disappointing performance outlooks and manufacturing issues [8]

Adam Pickett AC Ac t i o n | 20 Jan 2026 02:27:23 ET │ 13 pages Global Macro Strategy Greenland: Macro Q&A and implications CITI'S TAKE The US-Greenland saga intensifies, so we look at four key questions: 1/ Plausible scenarios in which US can assume control of Greenland; 2/ EU retaliation options; 3/ IEEPA Supreme Court ruling vs US tariff threat; 4/ What's the trade? We expect protracted negotiations with low likelihood of military intervention, negotiations to include meaningful EU threats of using the A ...

Flash | 22 Jan 2026 09:10:53 ET │ 10 pages China Materials 2026 On-ground Demand Monitor Series #12 – Aluminum Inventory and Consumption CITI'S TAKE In this series of notes, we aim to track and analyze high-frequency on- ground demand trends in China – market expectation on demand recovery has been largely cautious. In this note, we enclose weekly data from Mysteel, a consultant, on China aluminum ingot and billet production, inventory, and apparent consumption data during the week of 15th to 21st Jan 2026. ...

据中经社企业外债风险监测系统显示，本轮华尔街发债潮中，发行规模最大的高盛集团此次发行的债券 分为六档，期限跨度从3年至21年不等，既能满足短期流动性补充需求，也能锁定长期稳定资金，兼顾 灵活性与确定性。盈透证券最新研报指出，这种多期限搭配的策略，既能吸引追求稳健收益的短期投资 者，也能打动保险公司、养老基金等长期配置型机构，为债券顺利发行提供保障。 在美联储持续降息、借贷成本下降的背景下，美国华尔街大型银行正密集启动债券融资计划。业内人士 指出，受人工智能（AI）投资相关的融资需求推动，2026年美国公司债券市场将迎来新一轮发行潮， 全年发行总量预计将达到约2.5万亿美元，但巨额融资也引发了市场对于债务可持续性的担忧。 华尔街大行密集发债 据多家投行及信用评级机构披露，华尔街六大银行在近期公布2025年第四季度财报后迅速启动了债券融 资计划。巴克莱银行最新预测显示，2026年这六家银行在全球范围内发行的高评级债券总额或将达到 1880亿美元，同比增长约7%。 华尔街六大银行通常指美国六家最具重要性的综合性商业银行与投行集团，分别是摩根大通、美国银 行、花旗集团、富国银行、高盛集团和摩根士丹利。2025年，这六 ...

Citigroup Inc. (NYSE:C) ranks among the best financial stocks to buy according to billionaire Israel Englander. RBC Capital reaffirmed an Outperform rating and a $121 price target for Citigroup Inc. (NYSE:C) on January 15, following the bank’s solid quarterly results. The company announced adjusted earnings per share of $1.81, exceeding analysts’ projections of $1.70. Pixabay/Public Domain Citigroup Inc. (NYSE:C) management indicated confidence in meeting their medium-term goals of 10-11% Return on Tang ...

Core Viewpoint - The recent volatility in bank stocks presents an opportunity for investors, particularly in three specific banks that are expected to rebound due to bank-specific catalysts [2][3]. Group 1: Citigroup - Citigroup's stock has experienced a pullback from nearly $125 to around $114 per share, despite a strong start to the year [4]. - The bank's market capitalization is $203 billion, with a current price of $113.59 and a dividend yield of 2.04% [5][6]. - Citigroup improved its earnings by 18% last year, and its turnaround is entering the final stage through cost-cutting measures, which could significantly impact its stock price [6][7]. Group 2: Flagstar Bank - Flagstar Bank, formed from a merger in 2022, has faced challenges due to high exposure to commercial real estate loans, particularly after acquiring Signature Bank [8][10]. - The current stock price is $12.90, with a market cap of $5.4 billion and a dividend yield of 0.31% [9][10]. - Management aims to return to profitability this year, with earnings projected to reach $2.10 to $2.20 per share by 2027, potentially increasing the stock price to the mid-$20s [11]. Group 3: Pinnacle Financial Partners - Pinnacle Financial Partners has seen its stock price decline over 15% in the past year but is positioned for recovery following its acquisition of Synovus Financial [12]. - The current stock price is $97.06, with a market cap of $15 billion [13]. - The merger is expected to be 21% accretive to 2027 earnings, with analysts forecasting around 12% earnings growth in 2026, which could lead to earnings exceeding 35% above 2025 estimates [14].

Core Viewpoint - Citi has transitioned from a phase of remediation to one focused on competition, with CEO Jane Fraser emphasizing the need for cultural change within the organization [1][2]. Group 1: Company Transformation - Since Jane Fraser became CEO in 2021, Citi has improved significantly, with its stock rising approximately 40% over the past year and over 80% in the last five years, indicating growing investor confidence [2]. - The bank's transformation is supported by three key executives responsible for critical growth areas: investment banking, wealth management, and technology [3]. Group 2: Key Executives and Their Impact - Viswas Raghavan, head of banking, has driven investment banking fees up by 35% year-over-year in 2025, with M&A revenues increasing by 84% [6]. Notable client wins include Boeing, Pfizer, and a $14.9 billion acquisition for Nippon Steel [7]. - Andy Sieg, head of wealth management, reported a 22% revenue increase over two years and aims to integrate wealth offerings with AI in daily workflows [11][12]. He has made strategic hires to strengthen the division [14]. - Tim Ryan, head of technology, is leading the integration of AI into Citi's operations, with over 80% of transformation programs nearing completion [17]. The bank has utilized generative AI for one million automated code reviews, saving around 100,000 hours weekly [20]. Group 3: Competitive Landscape - The finance industry is rapidly evolving due to AI, with major firms like Goldman Sachs and JPMorgan investing heavily in technology [21]. Citi is now positioned to redefine its identity after years of addressing past issues [21].

花旗CFO在最近的财报电话会议上曾表示，他们一直在削减员工数量，并预计这一趋势将持续下去，目 的就是降本增效。他还提到花旗去年的遣散费约8亿美元。 美股频道更多独家策划、专家专栏，免费查阅>> 责任编辑：山上 智通财经获悉，据市场消息，花旗(C.US)预计将在三月份裁掉更多员工，本月已进行了一轮约1000人的 裁员。消息人士称，新一轮裁员预计将在奖金发放后宣布，但并没有透露裁掉多少。 消息人士说，三月份的裁员很可能会波及各业务线的MD和senior级别员工。一些高级别管理人员已被 调岗到不同的部门，以便在人员缩减前确保自身岗位的稳定性。 ...