US Treasury 10-year yields can rise further to 5% as the economy hums along, a level that would offer a buying opportunity, according to Citigroup Inc.’s wealth division. “Close to five is certainly possible” this year, Steven Wieting, chief ...

Saudi Tabreed District Cooling Co. is working with Citigroup Inc. and SNB Capital for a potential initial public offering in Riyadh, according to people familiar with the matter.

Among the S&P 500’s eleven sectors, Financials are expected to report the highest year-over-year earnings growth at nearly 40 percent, according to FactSet. Banks make up so much of that gain that if they were excluded from the sector, that figure would fall to 11 percent.

After years of hoarding capital amid fears that regulators would come knocking, Wall Street’s biggest banks paid out the most in three years to shareholders in the form of dividends and buybacks.

Citigroup is cutting certain roles as part of a broader corporate restructuring to eliminate tens of thousands of jobs by 2026. According to a new report from Bloomberg, Citigroup laid off several managing directors in its Wealth at Work unit this week,

Earnings misses by leading Indian technology services companies are raising concern that the sector will struggle to justify an $11 billion rally since the US presidential election.

The risk that US President-elect Donald Trump will impose universal import tariffs is causing fresh turmoil in the global gold market, with a closely watched barometer of bullion demand reaching historic highs in London.

Adds analyst note on potential buyer. Intel Corp. (NASDAQ:INTC) rose 9% after some vague takeover speculation about the chipmaker. A report from SemiAccurate was circulating on Friday about a company looking to acquire Intel (NASDAQ:INTC).

and expand in Thailand, Vietnam, Australia and New Zealand. He speaks with Haslinda Amin on "Insight with Haslinda Amin." (Source: Bloomberg)

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