financetom
Business
financetom
/
Business
/
Market Chatter: Citigroup Could Reportedly See Big Hit to Loan Book From Climate Action Fight
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: Citigroup Could Reportedly See Big Hit to Loan Book From Climate Action Fight
May 1, 2024 8:19 AM

10:45 AM EDT, 05/01/2024 (MT Newswires) -- Citigroup's ( C ) loan book could suffer billions of dollars of losses should the world speed up efforts to combat climate change, Reuters reported, citing a confidential analysis prepared by the bank that it reviewed.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 61.32, Change: -0.01, Percent Change: -0.02

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Planet Fitness Prices $800 Million Senior Secured Notes
Planet Fitness Prices $800 Million Senior Secured Notes
Jun 7, 2024
09:06 AM EDT, 06/07/2024 (MT Newswires) -- Planet Fitness ( PLNT ) said Friday it has priced $800 million of series 2024-1 Class A-2 fixed-rate senior secured notes. The notes consist of the Class A-2-I tranche with an expected five-year repayment term, with a principal amount of $425 million and a fixed annual interest rate of 5.765% payable quarterly; and...
Asensus Surgical Agrees to be Acquired by Karl Storz
Asensus Surgical Agrees to be Acquired by Karl Storz
Jun 7, 2024
09:07 AM EDT, 06/07/2024 (MT Newswires) -- Asensus Surgical ( ASXC ) said Friday that it has agreed with Karl Storz Endoscopy-America, a unit of Karl Storz SE & Co., under which Karl Storz would acquire Asensus' outstanding shares for $0.35 each in cash. The deal is slated to be completed in Q3, and Asensus will no longer be publicly...
Oil Moves Higher Early After U.S. Jobs Report Cools Rate-Cut Hopes and OPEC+ Assuages Supply Concerns
Oil Moves Higher Early After U.S. Jobs Report Cools Rate-Cut Hopes and OPEC+ Assuages Supply Concerns
Jun 7, 2024
09:07 AM EDT, 06/07/2024 (MT Newswires) -- Oil traded higher for a third-straight session early on Friday as hopes for interest-rate cuts declined after the United States added more jobs than expected in May and key OPEC+ members said they are ready to respond to any market weakness by delaying planned production increases. West Texas Intermediate crude oil for July...
Silo Pharma Close to Achieving Optimal Formulation for Ketamine Implant
Silo Pharma Close to Achieving Optimal Formulation for Ketamine Implant
Jun 7, 2024
09:07 AM EDT, 06/07/2024 (MT Newswires) -- Silo Pharma ( SILO ) said Friday it has moved closer to achieving the optimal formulation for its SP-26 ketamine implant to treat chronic pain and fibromyalgia. The developmental stage biopharmaceutical company said it was conducting small batch proof-of-concept extrusion trials for the injectable and dissolvable ketamine hydrochloride implant at 20% and 40%...
Copyright 2023-2026 - www.financetom.com All Rights Reserved