Key Takeaways Citigroup hit a 52-week high of $99.70, closing slightly lower at $99.44. NII rose 8% in 1H25, with the full-year growth forecast raised to 4%.Streamlining, cost cuts and liquidity strength support capital returns. Citigroup, Inc. (C) touched a new 52-week high of $99.70 during Friday’s trading session before closing slightly lower at $99.44.Year to date, shares of Citigroup have jumped 44.3%, outperforming the industry’s growth of 28.9%. It also outpaced its close peers, Bank of America (BAC) ...

Key Takeaways Citigroup plans to cut 20,000 jobs by 2026 as part of a major cost-cutting transformation. Management targets $2-2.5B in annual savings and expects to see 4-5% revenue CAGR by 2026.C shares have gained 44.3% YTD, and trade below the industry's average P/E. Citigroup, Inc. (C) is in the midst of a sweeping transformation aimed at building a leaner, more efficient banking powerhouse. Pursuant to this, the company changed its operating model and the leadership structure. This resulted in a stream ...

·穆迪：日本央行9月料按兵不动，或延至2026年1月加息 【机构分析】 ·花旗策略师预计，美联储降息步伐将较为缓慢，未来几个月长端美国国债的需求料将维持疲软态势。 未来几个月，美联储相对缓慢的货币宽松步伐，预计将对长端美国国债的需求形成限制。 ·德国商业银行分析师称，惠誉已将法国主权信用评级从 AA - 调降至 A+，展望稳定 。此次降级源于法 国债务比率高且攀升、财政碎片化妨碍整顿、财政记录欠佳及 2025 年高额赤字等情况 。由于市场对评 级下调缺乏统一预期，法国评级遭降对该国国债（OATs）是个冲击，投资者可能正为后续几周其他评 级机构不利评级举动做准备 。鉴于法国国债当下交易价格已显著低于同属 AA 级的其他债券，评级下 调的实质影响力或许相对有限 。 ·投资管理公司 Payden & Rygel 认为，美联储本周选择降息 25 基点或者 50 基点，属于 "次要分歧" 。当 下劳动力市场处于脆弱的均衡状态，这和 2024 年的状况大相径庭 。为防止这种脆弱平衡瓦解，美联储 理应按照理事沃勒近期演讲提议的那样，"尽快着手降息" 。按照该公司对未来 12 到 15 个月的经济前 景预测，联邦基金利率应当 ...

Group 1 - US President Trump is visiting the UK from September 16 to 18, with discussions expected to focus on trade and tariffs [2][3][5] - The UK government announced over £1.25 billion in new investments from major US financial firms, including PayPal, Bank of America, Citigroup, and S&P Global, ahead of Trump's visit [9][11] - Bank of America plans to create up to 1,000 jobs in Northern Ireland, while Citigroup intends to invest £1.1 billion in its UK operations [11] Group 2 - Sainsbury's has terminated negotiations with JD.com regarding the sale of Argos, citing that the revised terms were not in the best interest of stakeholders [18][19] - Sainsbury's is focusing on improving Argos' performance by expanding product variety and enhancing digital capabilities [21] - The UK Generation Z faces significant challenges in home ownership, with the average deposit required now ten times higher than 30 years ago [24] Group 3 - The average house price in the UK has risen to £290,395, nearly six times higher than 30 years ago, while average salaries have only slightly more than doubled [24] - Average monthly rent in the UK has increased by 31% over the past five years, from £1,025 to £1,343 [27]

Royal Bank of Canada has hired long-serving Citigroup banker Rich Duffield to lead its equity-linked origination efforts https://t.co/tiCf2XNVCb ...

V i e w p o i n t | 11 Sep 2025 22:50:58 ET │ 25 pages Global Macro Strategy - Views and Trade Ideas Trade War: Beginning of the end, or end of the beginning? CITI'S TAKE The US effective tariff rate is running at only 9% vs theoretical announced rates closer to 18%, and US goods inflation is muted. Is the trade war over, or has it barely begun? Low realized tariff rates are likely due to a combination of two factors: 1) transshipments and 2) carveouts. If 1) is the main driver, this risks further targeted ...

Flash | 11 Sep 2025 10:03:37 ET │ 9 pages China Materials 2025 On-ground Demand Monitor Series #137 – 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 4th to 10th Sep 2025. ...

V i e w p o i n t | 11 Sep 2025 20:40:36 ET │ 10 pages China Economics Xinyu Ji AC +852-2501-2792 xinyu.ji@citi.com Yuanliu Hu AC China Export Tracker (19): Lacking Clarity CITI'S TAKE We update our high-frequency trackers of Chinese exports up to September 9th. Exports to the US could be at risk of declining from the "tentative trough" with concerns on US demand rising. Overall cargo throughput quickened in the past week, but the trend was not in line with other indicators we track. We are mindful of risks ...

Group 1 - The core viewpoint is that the upcoming interest rate cuts by the Federal Reserve will not solely determine market winners, but will heavily depend on the economic backdrop and the shape of the yield curve [1] - The current market has largely priced in expectations of a "soft landing" or a mild recovery, but historical patterns show that significant rate cuts typically occur during periods of economic weakness or recession [1] - In scenarios of declining interest rates, a steepening yield curve, and improving economic data, sectors such as real estate, consumer discretionary, and information technology are expected to perform well, while utilities are likely to underperform [1] Group 2 - In scenarios of declining interest rates, a steepening yield curve, and deteriorating economic data, traditional defensive sectors like utilities, real estate, healthcare, and consumer staples are expected to perform better, while sectors like information technology and energy may struggle [2] - The traditional view suggests that the federal funds rate must reach a stimulative level for the market to shift from defensive to cyclical sectors [2] - Citigroup predicts that the Federal Reserve will implement five consecutive rate cuts of 25 basis points each, accompanied by slow but positive economic growth, influencing investment strategies significantly [2]

花旗研究部策略师表示，由于预期美联储降息步伐缓慢，未来几个月长期美国国债需求可能持续偏弱。 该行指出："相对缓慢的货币政策宽松步伐，应会制约市场对长期美国国债的需求。"策略师补充称，美 联储面临的政治压力进一步强化了这一预期。 来源：环球市场播报 ...