Core Viewpoint - KBRA has assigned preliminary ratings to 56 classes of mortgage pass-through certificates from Citigroup Mortgage Loan Trust 2025-4, indicating a significant transaction in the prime residential mortgage-backed securities market [1] Group 1: Transaction Details - The transaction is collateralized by owner-occupied primary and secondary properties [1] - The underlying pool consists of 370 fixed-rate mortgages (FRMs) [1] - The aggregate principal balance of the mortgages is approximately $345.5 million as of the cut-off date on September 1, 2025 [1]

Group 1 - Citigroup Inc. has relocated nearly 1,000 tech jobs to its business support centers in India following workforce reductions in China as part of a global restructuring effort [1][4] - The job transfers occurred in phases over recent months, coinciding with a broader strategy to simplify operations globally [1] - Citigroup's technology workforce in China is set to be reduced by approximately 3,500 employees as part of these global simplification efforts [4] Group 2 - The Indian tech hubs, referred to as Global Capability Centers (GCCs), have expanded significantly, representing a $64 billion market according to an EY report [3] - Citigroup employs around 33,000 staff in India, primarily within these support centers located in cities such as Bangalore, Chennai, Pune, and Mumbai [3] - The recent changes in the H-1B visa program, including a $100,000 fee on new applications, may lead global banks to further increase their reliance on Indian support centers [2]

Wall Street is bracing for the impact of President Trump's H-1B application fee. The $100,000 price tag could upend hiring for technologists and junior bankers. Experts broke down which finance jobs are most at risk and why. President Donald Trump's new H-1B visa policy may hit Big Tech the hardest, but Wall Street is well within the blast zone. Big banks like JPMorgan, Goldman Sachs, and Citi have long used these work visas to hire a range of highly skilled overseas workers, from junior bankers t ...

Core Insights - The stablecoin market is projected to grow significantly, with Citi forecasting issuance could reach $1.9 trillion by 2030, up from a previous estimate of $1.6 trillion, and potentially soar to $4 trillion in a bull case [2] - Stablecoins are increasingly utilized in various sectors, including crypto trading and e-commerce, with their market cap rising from $200 billion to $280 billion this year [3] - The growth of stablecoins may indicate a breakthrough in blockchain technology's adoption by large institutions, likening it to the early days of the dotcom boom [4] Market Projections - Citi's base case estimates stablecoin issuance at $1.9 trillion by 2030, supporting nearly $100 trillion in annual transactions, although this is small compared to the $5 to $10 trillion moved daily by leading banks [2][4] - The report highlights strong growth in 2025 and numerous project announcements from both crypto-native firms and traditional financial players [2] Adoption and Challenges - Despite the growth potential, many corporate firms remain cautious, showing curiosity rather than enthusiasm towards stablecoins, preferring "bank tokens" that offer safety and regulatory oversight [5] - Significant developments in the stablecoin space have occurred this year, with companies like PayPal expanding their offerings and retailers like Walmart and Amazon considering proprietary stablecoins [5]

Citigroup has moved close to 1,000 tech jobs to India’s business support centers following cuts to its workforce in China, sources say https://t.co/uKoKtXvLC5 ...

格隆汇9月25日｜花旗表示，格拉斯伯格的危机表明，从2026年开始，铜的(供应)缺口将扩大。在基本 情景下，预计未来6至12个月中期铜价将升至每吨12,000美元(上涨15%)；而在看涨情景下，铜价可能将 升至每吨14,000美元。 ...

花旗集团股价盘前上涨1.3%，花旗同意23亿美元出售墨西哥子公司Banamex的25%股份。 ...

格隆汇9月25日｜花旗集团股价盘前上涨1.3%。消息面上，花旗同意23亿美元出售墨西哥子公司 Banamex的25%股份。此外，摩根大通将花旗集团的目标价从275美元上调至325美元，维持"中性"评 级。 ...

格隆汇9月25日｜香港交易所信息显示，花旗集团在招商银行的持股比例于09月19日从4.95%升至 5.11%。 ...

智通财经APP获悉，据媒体消息，为满足日益增长的银行和理财服务需求，多家国际大型银行已将高层 管理人员调派至香港，德银、摩根大通、渣打、花旗集团、星展银行等已开始在香港增聘人手。中金公 司、中信证券等中资券商最近亦出招挽留人才。另外，猎头公司Links International的金融服务主管指， 与去年相比，今年收到委托填补的职位数量增加30%至40%，主因是香港IPO及并购活动增加。 而早年减薪的内地金融券商，市传最近为留住人才，亦出招挽留人才。中金公司为高级投资银行家增设 新职级，新增职位包括高级董事总经理及总监。另中信证券则拟为旗下香港附属公司中信里昂证券职员 增薪，部分初级助理月薪加幅15至30%。 今年以来，港股IPO市场认购盛况空前，"超额认购王"纪录屡创新高。德勤预计，今年前三季度，香港 将迎来66只新股上市，集资总额达1823亿港元。新股数量较去年同期的45只增长47%，集资额较去年同 期的556亿港元大幅上升228%。德勤在报告中指出，预计今年最后一个季度，香港新股市场将延续强劲 势头，2025年全年香港将迎来超过80宗新股上市，总集资额介于2500亿至2800亿港元之间。 德勤中国华南区 ...