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20.10.26 - 14:12
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AI Fears Return With Data Center IPO Flop; SpaceX, Netflix Earnings (Bloomberg)
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US equity futures slip, pausing an AI recovery in stocks, after South Korean data center company Elice plunged in its trading debut. Ukrainian President Volodymyr Zelenskyy heads to Norway for fresh peace talks as tensions with the US deepens. SpaceX, Netflix, General Motors, RTX, and Northrop are set to report earnings. Jeanne Sun of Citigroup Global Markets joins "Bloomberg Brief" to discuss her outlook for this earnings season. (Source: Bloomberg)...
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20.10.26 - 01:06
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Citigroup Declares Common Stock Dividend (Business Wire)
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Citigroup Declares Preferred DividendsNEW YORK--(BUSINESS WIRE)--The Board of Directors of Citigroup Inc. today declared a quarterly dividend on Citigroup's common stock of $0.67 per share, payable on November 25, 2026, to stockholders of record on November 2, 2026.
The Board of Directors of Citigroup Inc. also declared dividends on Citigroup's preferred stock as follows:
– 4.150% Fixed Rate Reset Noncumulative Preferred Stock, Series Y, payable November 16, 2026, to holders of record on November 6, 2026. Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will be paid $10.375 for each receipt held.
– 7.375% Fixed Rate Reset Noncumulative Preferred Stock, Series Z, payable November 16, 2026, to holders of record on November 6, 2026. Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will be paid $18.4375 for each receipt held.
– 7.625% Fixed Rate Reset Noncumulative Preferred Stock, Series AA, payable November 16,...
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16.10.26 - 20:42
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TD And BMO Among 9 Banks Accused Of Discriminating Against Conservative Customers, US Regulator Says (ZeroHedge)
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TD And BMO Among 9 Banks Accused Of Discriminating Against Conservative Customers, US Regulator Says
Authored by Jennifer Cowan via The Epoch Times,
A U.S. banking regulator's report has flagged the Bank of Montreal and TD Bank alongside seven other financial institutions accused of restricting financial services to certain American customers because of their conservative political or religious beliefs.
The U.S. Office of the Comptroller of the Currency (OCC) has published a report based on its findings during a supervisory review of debanking practices across nine major banks under its jurisdiction, based on 100,000 complaints at institutions it regulates. Debanking is when a bank or financial institution suddenly closes a customer's bank accounts or refuses to provide financial services.
Joining the two largest Canadian banks on the OCC's list were JPMorgan Chase & Co. - the world's largest banking institution - plus Bank of America Corp., Citigroup Inc., Wells Fargo & Co., U.S. Bancorp,...
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