Company
Citigroup is a major U.S. multinational bank, offering consumer banking through Citibank and institutional services including investor and fund administration.
Six Flags shares fell about 14% on Tuesday after a passenger died on its Goliath coaster, with Jana Partners already pressing for a sale. A buyer would now price an open investigation and liability cover the company itself has warned may fall short.
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Tom's Hardware data cited by dev.to puts a 64GB DDR5 kit at $1,118 in August 2026, up 485% from $191 a year earlier. Chipmakers say supply stays tight into 2028, but Citi expects prices to peak in Q2 2027.
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Korea is weighing bank security rules tiered by size, under which banks that earned 13.8 trillion won in six months would loosen network separation first. Savings banks, credit unions and community co-ops lost about 99.9 billion won between them, and for them the idea on the table is a pooled security service.
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Consensys is splitting by the end of 2026. The faster-growing wallet business keeps the existing legal entity that lined up JPMorgan and Goldman. Linea, Besu and Teku move to a newly formed company under a new chief executive.
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JPMorganChase opens third-quarter bank earnings on Tuesday, the first results since the Fed's 25-basis-point hike in September. Deposit costs will show how much of that hike banks are handing back to depositors to keep their balances.
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Canary Wharf Group is reporting the highest rents in its history and office occupancy above 92%, chief executive Shobi Khan told Semafor. Most of the disclosed money behind the comeback is banks spending on their own premises, so the case for the landlord's income rests on a rent record it has not priced in public.
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Eight global banks raised their average 2026 growth forecast for South Korea to 3.5% in September, a sixth monthly rise, on surging chip exports. At 2.8% for 2027, just under the Bank of Korea's 2.9%, they expect a sharper slowdown than the central bank does.
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Citi raised its twelve-month Bitcoin target to $113,000, a call that needs a 36% gain from the Oct. 7 price. Citi's own 2025 flow ratio reaches only about $102,600 when applied to the bank's $5 billion inflow forecast, CryptoSlate calculated.
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Singapore's three big banks fell 4.29% to 5.16% on Thursday as a sell-off sparked by Citi's OCBC downgrade to sell ran a second day. DBS, still a Citi buy, dropped more than OCBC, a sign investors are pricing funding costs and valuations common to all three.
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FINOS says its bank-funded OSERA alliance now ships patched builds of more than 50 older open-source project lines that member banks still run. The signed, tested builds go only to paying members, while anyone can read the patched source.
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Taurus co-founder Lamine Brahimi says banks must build three systems of their own to join Swift's tokenized-deposit ledger, live so far with four banks. Swift coordinates the transfers while each bank pays for its own stack, and Taurus sells all three layers on one platform.
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Nextdoor has launched Neighborhood Intelligence, a map of 350,000 neighbourhoods that lets advertisers target ads by what locals are saying. It gives marketers with physical locations a finer way to split local budgets, though so far the case rests on the chief executive's word.
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Capitolis raised $220 million, including a $120 million Series E led by Citi at a $1.9 billion valuation, with eight other big institutions joining. Most of the money backs its purchase of eSecLending, putting securities lending inside the capital and balance-sheet software Capitolis sells to banks.
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JPMorganChase topped Evident AI's bank ranking for a fourth straight year, and Evident says its lead over banks outside the top ten is widening. The firm credits platform architecture the smaller banks have yet to build.
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Ondo Finance launched notes that let eligible non-U.S. investors trade exposure to an unnamed pre-IPO AI company around the clock. Each token is an issuer's promise to pay, so a buyer has to price that counterparty and the thin disclosure around it as well as the company.
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Westpac's sentiment index fell to 67.2 among Australians polled after the RBA's fourth rate rise this year, its lowest since the late 1990s. AMP's My Bui expects spending per person to keep shrinking this year, while firm hiring leaves next year's demand undecided.
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Nvidia, Microsoft and Meta, about 17% of the S&P 500, produced nearly half its 0.66% Monday gain while Treasury yields rose to multiyear highs. The other 83% still rose about 0.4%, so the rate pressure shows up in utilities and income stocks.
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Cerebras rose 6.3% in premarket trading after Sam Altman called it a close partner, recovering part of a 20% weekly slide. Citi says a lasting recovery depends on evidence that gross margins have found a floor.
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ISBA and MediaSense audited five major UK retail media networks and found five definitions of an attributed sale. For marketers choosing among more than 200 networks worldwide, the basic unit of return can change from one network to the next.
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Kakao Pay Securities and Dinari are testing whether Korea Exchange shares can reach overseas buyers, chiefly in the U.S., as one-to-one backed tokens. Each token needs a real Korean share behind it in custody, so the trial mostly tests how those shares are sourced and held.
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Build · August 19, 2026 · Confirmed2 publishers
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