Citi

Citi has downgraded Legal & General from 'neutral' to 'sell' on Monday, citing concerns over its valuations, noting shares are up 19% year-to-date. The bank cut its price target from 251p to 245p. The firm announced it was cutting its 2026-27b remittances by 4.5% following its first-half results

US financial giant BlackRock is set to nearly double its 800-strong workforce in Edinburgh with the opening of a new office, spearheading a major wave of American investment into the UK’s financial sector.

Citigroup has revealed an $81 trillion (c. £64 trillion) internal transfer error, raising questions about its ongoing efforts to address operational deficiencies. The incident, which occurred in April 2024, involved a payment intended to be $280, but was mistakenly entered with numerous extra

Aberdeen-based engineering and project management firm Wood Group has secured a UK Government-backed loan worth £430 million to boost its green initiatives. The funding is part of the new UK Export Finance (UKEF) guarantee which aims at helping exporters through the “energy transition&rd

Stonewall has released its Top 100 Employers 2020 listing with financial organisations featuring making the cut.

Citi has promoted Anne-Maree Tassell as the new head of operations and technology for EMEA.