Citigroup predicts that US ETF assets might reach $25 trillion by 2030.
Citigroup’s ETF Market Outlook Citigroup announced on Thursday that the assets managed in U.S. exchange-traded funds (ETFs) could potentially exceed $25 trillion by the decade’s end. This projection is driven by investors looking for low-cost, diverse market exposure in this increasingly favored asset class. As of March 2025, the U.S.-listed ETF industry held approximately $10.4 […]
Former Citigroup Executive Files Lawsuit Against Bank, Claims Sexual Harassment by Wealth Management Leader
Former Citigroup Executive Files Lawsuit Alleging Sexual Harassment Julia Carreon, who previously served as a managing director at Citigroup, has initiated legal action against the bank. She claims that she was compelled to resign due to “unrelenting and gross sexual harassment” by Andy Sieg, who leads the wealth management division. In response, Citigroup has dismissed […]
Citigroup rejects allegations of sexual harassment against senior executive Andy Sieg
On Tuesday, Citigroup strongly rejected claims made by a former managing director who has filed a lawsuit against the bank. The lawsuit alleges that asset manager Andy Sieg sexually harassed her. Citigroup expressed its “firm” backing of her and believes that the matter should be handled through arbitration. The bank, which ranks as the third-largest […]
Former executive sues Citigroup for alleged mishandling of sexual harassment claims
A former managing director at Citigroup has filed a lawsuit against the bank, alleging that Andy Sieg, a key executive, sexually harassed her and forced her resignation. In a complaint submitted in Manhattan federal court, Julia Carreon, who managed the bank’s wealth management division, claims Sieg initially supported her career, helping her achieve a promotion […]
Bank of America and Citigroup might introduce credit cards with a 10% interest rate to win over Trump, according to a report.
Credit Card Interest Rates Considered by Major Banks Bank of America and Citigroup are reportedly mulling over the idea of credit cards with interest rates set at 10%. This comes after President Trump recently suggested a one-year cap at that rate. According to a source familiar with the situation, the banks are contemplating this separately. […]
Cocoa Prices Improve as Citigroup Lowers Global Cocoa Surplus Forecast
Cocoa Prices on the Rise Amid Global Supply Changes Today, March Ice New York Cocoa (CCH26) surged by +128 (+2.18%), while March Ice London Cocoa #7 (CAH26) climbed +130 (+3.07%). The rise in cocoa prices is notable, largely due to indications that the global cocoa surplus is shrinking. Investors are covering their shorts in cocoa […]
Friday’s top analyst recommendations: Broadcom, Citigroup, Costco, Micron Technology, Amazon, Disney, Boeing, and others.
Wall Street Voices on Company Ratings and Predictions Here’s a look at some of the prominent opinions circulating on Wall Street: Kantar has upgraded Soundhound from neutral to overweight. They suggest that investors should consider buying, raising the 12-month price target to $15 from $13, aiming to capitalize on the stock’s recent dip. Loop has […]
Stocks with the largest changes before the market opens: Tilray Brands, Lululemon, Broadcom, Citigroup and others
Market Movements and Company Updates Several companies are making significant headlines as the market opens. Tilray Brands saw a remarkable surge of 28% after a report from the Washington Post indicated that the Trump administration might ease federal regulations on marijuana. Additionally, the Amplify Alternative Harvest ETF (MJ) rose by 20%. Lululemon, the popular athleisure […]
Citigroup names Jane Fraser as chair and awards her a $25 million bonus
Citigroup Appoints Jane Fraser as Chairman Jane Fraser, the British head of Citigroup, has been appointed chairman of the major financial institution and received a $25 million bonus, solidifying her role as a significant figure in American finance. Fraser, who has led the nation’s third-largest bank since 2021, now combines her position as chief executive […]
Citigroup Announces Dividend for Common Stock
Citigroup Declares Preferred Dividend New York, October 13, 2025—Today, the Board of Directors of Citigroup announced a quarterly dividend of $0.60 per share on Citigroup common stock. This will be paid on November 26, 2025, to shareholders on record as of November 3, 2025. The Board also declared dividends on various preferred stocks: 4.000% Fixed […]