Citigroup

Former Senior Marketing VP of Under Armour Joins SquadLocker’s Board of Directors

Tuesday, January 26, 2021 - 1:03pm

A 25-year veteran in marketing, media and digital, Jim is Chief Marketing Officer at consumer electronics giant, Bose .

Key Points: 
  • A 25-year veteran in marketing, media and digital, Jim is Chief Marketing Officer at consumer electronics giant, Bose .
  • We are pleased to welcome Jim to SquadLockers board of directors, said Gary Goldberg , CEO of SquadLocker.
  • This is an exciting time to be joining SquadLockers board of directors as the company comes off a year of growth, said Jim Mollica.
  • I am looking forward to working with company management along with fellow board members to advance SquadLockers presence in schools and sports organizations nationwide.

ACY Securities highlights how it uses technology to transform trading and empower investors in the latest issue of World Finance

Tuesday, January 26, 2021 - 9:30am

Stating exclusively for World Finance , Alla Darwish, Head of Global Brokerage at ACY Securities, explains how, as one of Australia's fastest-growing online trading providers, the group brings the benefits of Wall Street and Silicon Valley together.

Key Points: 
  • Stating exclusively for World Finance , Alla Darwish, Head of Global Brokerage at ACY Securities, explains how, as one of Australia's fastest-growing online trading providers, the group brings the benefits of Wall Street and Silicon Valley together.
  • "Since its inception in 2011, the company has developed the strong technological capabilities associated with Silicon Valley," he explains.
  • "ACY leverages this know-how to empower clients with institutional-grade trading conditions, premium education and cut-through market analysis."
  • Additionally, ACY plans to roll out exciting trading tech that could potentially transform the client experience as we know it.

ACY Securities highlights how it uses technology to transform trading and empower investors in the latest issue of World Finance

Tuesday, January 26, 2021 - 9:30am

Stating exclusively for World Finance , Alla Darwish, Head of Global Brokerage at ACY Securities, explains how, as one of Australia's fastest-growing online trading providers, the group brings the benefits of Wall Street and Silicon Valley together.

Key Points: 
  • Stating exclusively for World Finance , Alla Darwish, Head of Global Brokerage at ACY Securities, explains how, as one of Australia's fastest-growing online trading providers, the group brings the benefits of Wall Street and Silicon Valley together.
  • "Since its inception in 2011, the company has developed the strong technological capabilities associated with Silicon Valley," he explains.
  • "ACY leverages this know-how to empower clients with institutional-grade trading conditions, premium education and cut-through market analysis."
  • Additionally, ACY plans to roll out exciting trading tech that could potentially transform the client experience as we know it.

Citi Announces New Impact Fund Investments in Seven Companies

Monday, January 25, 2021 - 2:00pm

Citi announced today its next round of investments through the Citi Impact Fund , a $200 million fund launched last year to invest in companies that are addressing some of the biggest societal challenges.

Key Points: 
  • Citi announced today its next round of investments through the Citi Impact Fund , a $200 million fund launched last year to invest in companies that are addressing some of the biggest societal challenges.
  • A portion of the fund is designated exclusively for earlier-stage seed investments in businesses led or owned by women and minorities.
  • This Citi Impact Fund investment will help further our mission in helping veterans successfully transition out of the military and thrive in successful civilian careers.
  • This includes the work of Citi Inclusive Finance and the Citi Impact Fund in addition to the philanthropic work conducted by the Citi Foundation.

Atotech Commences Initial Public Offering

Monday, January 25, 2021 - 1:05pm

BERLIN, Jan. 25, 2021 (GLOBE NEWSWIRE) -- Atotech Limited (Atotech), a leading specialty chemicals technology company and a market leader in advanced electroplating solutions, has commenced an initial public offering of 34,146,000 of its common shares.

Key Points: 
  • BERLIN, Jan. 25, 2021 (GLOBE NEWSWIRE) -- Atotech Limited (Atotech), a leading specialty chemicals technology company and a market leader in advanced electroplating solutions, has commenced an initial public offering of 34,146,000 of its common shares.
  • The initial public offering price is expected to be between $19.00 and $22.00 per share and the offering is being made pursuant to a registration statement on Form F-1 previously filed with the U.S. Securities and Exchange Commission (SEC).
  • Citigroup, Credit Suisse, BofA Securities and J.P. Morgan are lead book-running managers for the proposed initial public offering.
  • This release contains certain forward-looking statements regarding Atotech and its subsidiaries and the initial public offering of Atotechs common shares.

Citi Launches New Dynamic Allocation and Fund Order Processing Service

Monday, January 25, 2021 - 8:00am

With Citis Dynamic Allocation and Fund Order Processing service, a client can send an order via industry standard or proprietary messaging to Citi who would supplement the order with additional information, such as account and routing information, before sending it to the funds order processing provider.

Key Points: 
  • With Citis Dynamic Allocation and Fund Order Processing service, a client can send an order via industry standard or proprietary messaging to Citi who would supplement the order with additional information, such as account and routing information, before sending it to the funds order processing provider.
  • Having a single service for the allocation and placement of fund orders will be a distinctive benefit for clients of this new service, said Pervaiz Panjwani, EMEA Head of Custody and Fund Services at Citi.
  • Citis Dynamic Allocation and Fund Order Processing will handle the requirements for settlement and trade communication of all custodian banks, administrators and relevant parties.
  • Both solutions are compatible with the new Dynamic Allocation and Fund Order Processing service.

Gores Metropoulos II, Inc. Completes $450 Million Initial Public Offering

Saturday, January 23, 2021 - 12:01am

The offering was priced at $10.00 per unit, resulting in gross proceeds of $450,000,000, before deducting underwriting discounts and commissions and other offering expenses payable by the Company.

Key Points: 
  • The offering was priced at $10.00 per unit, resulting in gross proceeds of $450,000,000, before deducting underwriting discounts and commissions and other offering expenses payable by the Company.
  • The Companys units began trading on the Nasdaq Capital Market under the ticker symbol GMIIU on January 20, 2021.
  • Deutsche Bank Securities Inc. and Citibank Global Markets Inc. are serving as joint book-running managers for the offering.
  • This press release contains statements that constitute forward-looking statements, including with respect to the proposed initial public offering and the anticipated use of the net proceeds.

Citigroup Declares Common Stock Dividend; Citigroup Declares Preferred Dividends

Thursday, January 21, 2021 - 10:45pm

The Board of Directors of Citigroup Inc. also declared dividends on Citigroups preferred stock as follows:

Key Points: 
  • The Board of Directors of Citigroup Inc. also declared dividends on Citigroups preferred stock as follows:
    5.950% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series A, payable February 1, 2021, to holders of record on January 22, 2021.
  • 5.950% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series B, payable February 16, 2021, to holders of record on February 5, 2021.
  • 7.125% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series J, payable March 30, 2021, to holders of record on March 19, 2021.
  • 6.875% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series K, payable February 16, 2021, to holders of record on February 5, 2021.

Citi Executes First Securities Lending Transaction in Romanian Securities

Thursday, January 21, 2021 - 1:59pm

Citi has executed its first stock loan transaction in Romanian securities through its Agency Securities Lending business.

Key Points: 
  • Citi has executed its first stock loan transaction in Romanian securities through its Agency Securities Lending business.
  • We are pleased to have pioneered our first securities lending transaction in Romania, which is a key development in an emerging market with great potential, said Alin Duhnea, Senior Product Manager at Citi.
  • With the addition of Romania, Citi now supports securities lending in 74 markets globally as part of a suite of investment services provided by its Agency Securities Lending business.
  • Citi is committed to providing access to new markets for our clients, said David Martocci, Global Head of Agency Securities Lending at Citi.

Citi Launches New Futures Algorithm Platform

Thursday, January 21, 2021 - 12:29pm

These algorithms have been specifically engineered for the futures markets and are available across all major exchanges in the North America, Europe and Asia Pacific regions.

Key Points: