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Citigroup Options Spot-On: On August 30th, 60,990 Contracts Were Traded, With 2.34 Million Open Interest
10 Financials Stocks With Whale Alerts In Today's Session
Market Chatter: US Regulator Finds Banks Need to Do More on Climate Risk Management
Deutsche Bank hires former Citigroup veteran to expand its wealth business in the United Kingdom.
Deutsche Bank has hired Adam Proctor, a former director at Citigroup, to help build its wealth team in the United Kingdom. The largest bank in Germany aims to capture more business in the global wealth management market. Proctor, 45, will join Deutsche Bank in London next month as a managing director and senior client manager, focusing on ultra-high net worth individuals and their personal investment firms. He will report to James Whittaker, Head of Private Banking for Deutsche Bank in the United Kingdom. A Deutsche Bank spokesperson confirmed the contents of the memorandum.
Citigroup: Maintains a 'neutral' rating on Guangdong Inv and raises target price to HK$4.8.
Citigroup issued a research report stating that it maintains a "neutral" rating on Guangdong Investment Limited (00270) with a target price raised from HKD 4 to HKD 4.8. Citigroup has revised its net income forecast for Guangdong Investment in the years 2024-2026 by 0.4%, 2.3%, and 2.2% respectively, to reflect the reduction in financial costs and improvement in cash flow. The report states that considering the risks faced by the company, Citigroup believes that a price-to-earnings ratio of 8.9 times for the fiscal year 2024 is reasonable. Although Guangdong Investment has increased its dividend payout ratio to 65%, higher than the bank's expected 50%, its earnings visibility still raises concerns. This is because the group's real estate
Citi CFO Mark Mason to Present at the 2024 Barclays Global Financial Services Conference
sociable Sheep_7248 : Overvaluated stocks and a shit dollar what an accomplishment
70193418 : Previously, he sold his stocks for 251 and made tens of dollars. When I first entered the stock market in 2020, if I only bought his A-shares and held onto them until now, I would have nearly tripled my investment, and all without needing to monitor the market while sleeping.
I can only shake my head at my shortsightedness back then. ![neutral_face 😐](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f610.png)
EZ_money sociable Sheep_7248 : it's all due to inflation that's all this is
Wakaoz : Who at 94 is still making Tsunamis with his every move?![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
Alexis Laisney : nope
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