(Bloomberg) -- Citigroup Inc. Chief Executive Officer Jane Fraser said she is “comfortable” with the findings of an internal probe into the bank’s top wealth executive and pointed to strong performance in the division.The bank earlier this year hired law firm Paul Weiss to investigate complaints about the behavior of its wealth-management chief, Andy Sieg, Bloomberg News reported in August. That investigation is now complete, though Citigroup has previously declined to comment on the outcome of the probe.“W ...

You can find original article here Wealthmanagement. Subscribe to our free daily Wealthmanagement newsletter. (Bloomberg) -- Citigroup Inc. Chief Executive Officer Jane Fraser said she is “comfortable” with the findings of an internal probe into the bank’s top wealth executive and pointed to strong performance in the division. The bank earlier this year hired law firm Paul Weiss to investigate complaints about the behavior of its wealth-management chief, Andy Sieg, Bloomberg News reported in August. That ...

This story was originally published on CIO Dive. To receive daily news and insights, subscribe to our free daily CIO Dive newsletter. Dive Brief: Citi appointed former IBM executive Shobhit Varshney as its head of AI, according to COO Anand Selvakesari in a Sept. 9 internal memo reviewed by CIO Dive. Varshney will report to Selvakesari and partner with Citi’s broader executive management team, including CTO David Griffiths.  Varshney joins the company from IBM. There, he spent just over 13 years in vari ...

Shares of Oxford Industries (NASDAQ: OXM) jumped more than 26% on Thursday after the apparel retailer reported second-quarter results that exceeded analysts' earnings expectations, despite facing head... ...

PresentationAlexander Arrola González Well, good morning everybody. I'd like to introduce myself. My name is Alexander Arrola, and I am the Financial Director, the CFO here at Elecnor. It is a true honor to welcome you to this event. This is the first Capital Markets Day in over 67 years of history of the Elecnor Group. Thank you. I'd like to thank all those of you who are here today, face-to-face as well as those who are following us via streaming. For those of us who are part of the -- of Elecnor, it is a ...

Key Takeaways CRCL shares sank 30.3% in a month, underperforming the industry, sector and peers. USDC circulation grew 90% year over year, with Q2 onchain volume hitting nearly $6 trillion. New launches like Circle Payments Network and Arc expand CRCL's reach and partner base. Circle Internet Group (CRCL) shares have dropped 30.3% in the past month, underperforming both the Zacks Financial-Miscellaneous Services industry and the Zacks Finance sector. While the industry has declined 1.7%, the broader sector ...

Key Takeaways Realty Income reported 98.6% occupancy and lifted 2025 AFFO guidance to $4.24-$4.28.VICI's portfolio includes 93 properties with 100% occupancy and long-term triple-net leases.Estimates for O's FFO trend lower, while VICI's 2025 FFO growth outlook has been revised upward.Dividend income remains a cornerstone for income-focused investors, and within the REIT space, Realty Income (O) and VICI Properties (VICI) are two leading names. Both have built reputations as reliable payers, supported by ex ...

Key Takeaways NIO shares fell 8.9% to $5.72 after announcing a $1B equity offering of about 182M shares.Funds will support R&D, new platforms, battery swap network expansion, and balance sheet strength.NIO forecasts Q3 deliveries of 87K-91K units, up 41-47% year over year, with new models driving demand.NIO Inc. (NIO) tumbled 8.9% yesterday to close at $5.72, after the company announced a $1 billion equity offering. The Chinese electric vehicle (EV) maker intends to sell roughly 182 million shares of common ...

Key Takeaways Broadcom's semiconductor revenues rose 26% YoY in Q3 2025, led by a 63% jump in AI sales. XPUs drove 65% of AI revenues, while strong demand lifted Tomahawk and Jericho networking products. AVGO forecasts Q4 AI revenues up 66% YoY to $6.2B and semiconductor sales up 30% to $10.7B. Broadcom’s (AVGO) Semiconductor revenues are benefiting from strong demand for XPUs, which are a type of application-specific integrated circuit (ASIC) necessary to train Generative AI (Gen AI) models. Semiconductor ...

Welcome to Stocks and Translation, Yahoo Finance's video podcast that cuts through the market mayhem, the noisy numbers, and the hyperbole to give you the information you need to make the right trade for your portfolio. I'm Jared Blickery, your host, and with me is Yahoo Financ's Alli Canal, who's here to ask the simple questions that sometimes fly right over my head. And today, we're connecting money, jobs, and profits, and what these mean for stock prices.Right now, our phrase of the day is risk managemen ...