Citigroup
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worldAlibaba Sues Pentagon Over Military Blacklist Designation
Chinese e-commerce giant Alibaba filed a federal lawsuit against the US Defense Department, arguing its designation as a military-linked firm is arbitrary and baseless, threatening its US business and First Amendment rights.
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financeChainlink Collaborates with European and South Korean Banks on FX Settlement Network
Chainlink partners with banks in Europe and South Korea to explore stablecoin-based foreign exchange settlements via Project Pangea.
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financeUS Economic Surprise Index Hits 63.2, Highest Since August 2023
Citigroup's US Economic Surprise Index reaches 63.2, indicating robust economic performance exceeding Wall Street expectations.
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financeCiti Holds Firm on Three Fed Rate Cuts for 2026 Despite Hot Jobs Data
Economist Andrew Hollenhorst maintains forecasts for September, October, and December cuts, betting on a labor market slowdown.
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cryptoBig US Banks Launch Tokenized Deposit Network by 2027
JPMorgan, Citi, BofA, and Wells Fargo collaborate on a blockchain-based tokenized deposit network to counter the stablecoin threat, targeting a launch in H1 2027.
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techOpenAI Taps Citigroup, JPMorgan for IPO Syndicate
OpenAI expands IPO banking lineup with Citigroup and JPMorgan, aiming for a 2026 public listing at near $1 trillion valuation.
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financeOpenAI Taps Citigroup, JPMorgan for IPO Talks
OpenAI engages Citigroup and JPMorgan for IPO discussions, signaling progress toward a potential public offering by year-end 2026.
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financeSkydance Moves to Close $110B Warner Bros. Discovery Deal With Massive Debt Package
Skydance prepares one of the largest debt packages in corporate history to fund its $110 billion acquisition of Warner Bros. Discovery.