This story was originally published on HR Dive. To receive daily news and insights, subscribe to our free daily HR Dive newsletter. Dive Brief: Citigroup’s human resources department “spearheaded” a harassment campaign against a former managing director, involving a “deeply misogynistic” and one-sided set of investigations that ultimately resulted in her constructive discharge, the former employee alleged in a lawsuit filed Monday. After she allegedly endured “unrelenting and egregious sexual harassment ...

Core Insights - Nearly 60% of the largest banks in the U.S. are either already offering Bitcoin-related services or expect to do so, indicating a significant trend towards Bitcoin adoption in the banking sector [1][5] Group 1: Current Offerings and Initiatives - Major U.S. banks such as JPMorgan Chase have launched Bitcoin trading services, while Citigroup, Wells Fargo, Goldman Sachs, and Morgan Stanley provide Bitcoin exposure primarily to high-net-worth clients [2] - U.S. Bank and BNY Mellon are among the first systemically important banks to offer custody services for Bitcoin [3] - PNC Group has launched both Bitcoin custody and trading services, while State Street and HSBC's U.S. operations have announced custody plans [5] Group 2: Exploratory Stages and Recommendations - Some banks, including Citigroup and Fifth Third, are still in the exploratory stages regarding custody and trading offerings [6] - Bank of America has recommended that clients allocate up to 4% of their portfolios to cryptocurrencies, reflecting a shift in stance even among banks without direct Bitcoin products [4][9] - Bank of America also plans to initiate coverage of four U.S.-listed spot Bitcoin exchange-traded funds (ETFs), which provide direct exposure to Bitcoin [10] Group 3: Banks Yet to Enter the Market - Despite the growing momentum, a significant minority of large U.S. banks have not yet announced Bitcoin-related products or plans, with nine banks remaining on the sidelines [7][8][11]

在最新发布的年度商品展望报告中，花旗大宗商品研究团队把焦点放在两个矛盾点上：一边是贵金属价格与矿山成本"脱钩"、利润率飙到几十年罕见； 另一边是基本金属短期顺风仍在，但真正能讲中期故事的，集中在铜、铝以及它们背后的电力与AI叙事。 据追风交易台消息，花旗分析师Max Layton等人对黄金的核心判断，是其定价锚正在发生结构性迁移：金价不再由边际开采成本主导，而是由全球对黄 金的名义支出规模，与高度刚性的供给能力共同决定。在矿产供给、回收与存量抛售弹性有限的前提下，价格本身成为唯一的清算机制。实物黄金市场 体量过小，使得哪怕极小比例的财富再配置，也只能通过价格大幅上行来完成平衡，黄金因此从"避险工具"转变为反映全球财富结构变化的宏观资产。 在花旗设定的"牛市情景"下，黄金、铜、铝的价格中枢将显著抬升：黄金可能上看6000美元/盎司，铜升至15000美元/吨，铝则逼近4000美元/吨。 黄金涨到"脱离成本"，反而让对冲变成高风险动作 报告先抛出一个直观事实：金价已经在名义和实际口径都创了新高，并且与边际开采成本出现明显背离，远期价格也显著高于现货。结果是——高成本 金矿的利润率冲到"半个世纪最高"，甚至比1980 ...

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]

Summary of Key Points from the Conference Call Industry and Company Involved - **Industry**: Global Macro Strategy focusing on geopolitical tensions and trade implications, particularly involving the US and Greenland - **Company**: Citigroup Global Markets Inc. (Citi Research) Core Insights and Arguments 1. **US-Greenland Relations**: The US has intensified its focus on Greenland, with President Trump announcing tariffs on goods from several European countries as part of efforts to pursue control over Greenland. A 10% tariff will be imposed starting February 1, 2026, increasing to 25% by June 1, 2026, unless a deal for the complete purchase of Greenland is reached [5][6][19] 2. **European Military Presence**: Several European nations, including France, Germany, and the UK, have deployed troops to Greenland to bolster NATO's presence against perceived threats from Russia and China in the Arctic [5][6] 3. **Strategic Importance of Greenland**: Greenland is viewed as a critical maritime hub due to its geographical position and potential resources, including an estimated 36 million tonnes of rare earth minerals, which are vital for technology and defense sectors [8][10] 4. **EU Retaliation Options**: The EU is preparing a tariff package worth EUR 93 billion in response to US tariffs, alongside potential use of the Anti-Coercion Instrument (ACI) to counter US economic pressure [14][15] 5. **Economic Implications**: The new tariffs are expected to have a marginally negative impact on European growth in the short term but could lead to increased inflation risks and a stronger case for enhanced European defense spending [6][19] 6. **Potential Scenarios**: Various scenarios for US actions regarding Greenland include: - **Negotiated Deal**: A potential agreement allowing the US to extract resources while increasing NATO's defense efforts [8] - **Forced Sale**: Economic coercion through tariffs to incentivize a sale of Greenland [11] - **Independence Push**: Supporting Greenland's independence to negotiate directly with its government [12] - **Military Intervention**: Considered highly unlikely due to severe geopolitical consequences [13] Other Important but Overlooked Content 1. **Tariff Mechanisms**: The report outlines various non-IEEPA avenues for tariffs, including Sections 232, 201, and 301, which could be utilized if the Supreme Court rules against IEEPA [19][22] 2. **Market Reactions**: The report suggests that geopolitical tensions may lead to increased defense spending in Europe, impacting various financial instruments, including Eurostoxx defense stocks and gold prices [23][24] 3. **Long-term Currency Implications**: The EURUSD exchange rate is expected to be influenced by the evolving geopolitical landscape, with potential for both bearish and bullish outcomes depending on European cohesion and defense spending [25] This summary encapsulates the critical insights and implications discussed in the conference call, highlighting the geopolitical dynamics surrounding Greenland and the potential economic ramifications for Europe and the US.

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 ...