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Essex Property Trust to Present at The 2026 Citigroup Global Property CEO Conference
Businesswire· 2026-02-27 21:15
Essex Property Trust to Present at The 2026 Citigroup Global Property CEO ConferenceFeb 27, 2026 4:15 PM Eastern Standard Time# Essex Property Trust to Present at The 2026 Citigroup Global Property CEO ConferenceShare---SAN MATEO, Calif.--([BUSINESS WIRE])--Essex Property Trust, Inc. (NYSE:ESS) announced today that Angela L. Kleiman, President and CEO, will be participating in a roundtable presentation at the 2026 Citigroup Global Property CEO Conference on Monday, March 2, 2026 at 2:55 p.m. Eastern Time.To ...
Equifax Names David Smith President of U.S. Information Solutions
Prnewswire· 2026-02-26 22:00
Equifax Names David Smith President of U.S. Information Solutions [Accessibility Statement] Skip NavigationATLANTA, Feb. 26, 2026 /PRNewswire/ -- [Equifax]® (NYSE: EFX) has named David Smith as President of U.S. Information Solutions (USIS) effective March 2, 2026. In this role, Smith will continue to drive the business unit's post-cloud transformation growth, leveraging [EFX.AI] and the company's proprietary data to create innovative solutions that bring decision intelligence to Equifax customers and help ...
Empire State Realty Trust to Present at Citi's 31st Annual Global Property CEO Conference
Businesswire· 2026-02-26 21:53
NEW YORK--(BUSINESS WIRE)--Empire State Realty Trust, Inc. (NYSE: ESRT) (the "Company†), today announced that Anthony E. Malkin, Chairman and Chief Executive Officer, and Christina Chiu, President, will present at Citi's 31st Annual Global Property CEO Conference on Monday, March 2, 2026, at 8:10 AM Eastern time. For investors interested in listening to the roundtable discussion, a live audio-webcast in listen-only mode will be provided in the Investor Relations section of the Company's website. ...
Citi Reiterates Buy Rating on First Horizon Corporation (FHN)
Yahoo Finance· 2026-02-26 18:47
First Horizon Corporation (NYSE:FHN) is one of the 10 best banking stocks to buy according to hedge funds. On February 24, Ben Gerlinger from Citi reaffirmed his Buy rating on First Horizon Corporation (NYSE:FHN). The analyst also raised the firm’s price target slightly, from $28 to $28.50, yielding an upside potential of almost 19%. His revision is based on “solid” profitability projections for regional banks amid a “normalized yield curve now in play.” Citi Reiterates Buy Rating on First Horizon Corpor ...
Emerging markets rally to record highs as global funds shift from developed markets
BusinessLine· 2026-02-26 04:53
Emerging markets are shaping up to be one of this year’s standout trades.The world’s largest asset managers — overseeing more than $20 trillion of assets — are buying EM stocks, local currency bonds and credit on bets that strong global economic growth and a weaker dollar will favor these markets, analysts from Citigroup Inc. said after reviewing the funds’ published outlooks.The shift also reflects a murkier backdrop in developed markets as policy uncertainty and fiscal concerns have weighed on sentiment, ...
Citigroup Aims to Help Bankroll $3 Trillion AI Infrastructure Buildout
PYMNTS.com· 2026-02-25 16:58
Group 1: Citigroup's Strategic Focus - Citigroup has formed a dedicated team to enhance its advisory and lending services for investors and companies involved in the development of data centers and AI infrastructure [1][3] - The bank estimates that the capital required for this infrastructure build-out will reach $3 trillion by 2030 [2] Group 2: AI Infrastructure Spending Trends - Citigroup projected that AI infrastructure spending by major technology companies will exceed $2.8 trillion through 2029, an increase from its previous estimate of $2.3 trillion [4] - Big Tech companies are increasingly borrowing to fund their AI infrastructure due to high costs, rather than relying solely on profits [8] Group 3: Major Investments by Tech Companies - Amazon plans to invest $12 billion in data center campuses in Louisiana and has committed at least $11 billion in Georgia and $20 billion in Pennsylvania for similar infrastructure [9] - OpenAI indicated that its compute costs could reach $600 billion by the end of the decade, having previously announced $1.4 trillion in infrastructure commitments [9] - Alphabet announced plans for capital expenditures between $175 billion and $185 billion in 2026 to meet ongoing demand for AI computing [10] - Meta expects its capital expenditures in 2026 to be between $115 billion and $135 billion, significantly higher than the $72 billion spent the previous year, with a focus on data centers and computing infrastructure for AI [11]
Goldman or Citigroup: Which Transformation Story Is More Compelling?
ZACKS· 2026-02-25 16:56
Key Takeaways Goldman is shifting from consumer banking to focus on IB, trading and AWM growth.GS posted 21% y/y IB revenue growth in 2025 and targets high-teens AWM returns.Citigroup expects 4-5% revenue CAGR and $2-2.5B in savings by 2026.Wall Street’s largest institutions are redefining what sustainable growth looks like. The Goldman Sachs Group, Inc. (GS) is evolving from a deal-driven powerhouse into a more balanced financial services firm, while Citigroup Inc. (C) is shedding complexity to sharpen its ...
Is M&A still the answer for Rio Tinto? ... this investment bank thinks so
Yahoo Finance· 2026-02-25 15:42
Is M&A still the answer for Rio Tinto? ... this investment bank thinks so Proactive uses images sourced from Shutterstock Citi says Rio Tinto Ltd (LSE:RIO, ASX:RIO, OTC:RTNTF) is still “searching for a differentiator” in its investment case. and, for many investors, the view will be “most routes lead through M&A”. The innvestment bank's analysts argue Rio’s latest results didn’t meaningfully reset expectations, coming “just a couple of months after the CMD in Dec and after the aborted talks with Glencore ...
US sets initial duties on Indian solar imports at 126%
BusinessLine· 2026-02-25 04:15
The Trump administration set preliminary duties of 126 per cent on solar imports from India after determining the country unfairly subsidised manufacturing. The US Commerce department also set initial levies from 86 per cent to 143 per cent for Indonesia and 81 per cent for Laos. The rates are based on a determination of foreign subsidies that the US says allowed exporters from the countries to undercut products from domestic solar producers.While the duties aim to benefit domestic manufacturers, they heigh ...
Citigroup Agrees to Sell 24% Banamex Stake, Moves Closer to IPO Plan
ZACKS· 2026-02-24 18:36
Key Takeaways Citigroup agrees to sell 24% of Banamex to investors for $2.5B, cutting its Mexican stake further.After the deal, Citigroup will have divested 49% of Banamex shares, pausing sales in 2026.The transaction involves global investors and supports Banamex's strategy ahead of a potential IPO.Citigroup Inc. (C) announced agreements with several investors for commitments to purchase an aggregate 24% equity stake in Grupo Financiero Banamex, S.A. de C.V (Banamex). The deal represents another significan ...