Tag: Citi

US Companies Enter Earnings Season Under Pressure From Rising Oil Risks

The US corporate earnings season is the first real test after the shock in the oil market. Geopolitical turmoil often triggers only short-term volatility,...

Bitcoin Extends Its Losing Streak: February Down 15% as Markets Turn Risk-Off and Macro Data Loom

Bitcoin closed February with a 15% decline, marking its fifth consecutive month of losses and a 48% drop from its all-time high of $126,500...

Polish Financial Supervision Authority Approves VeloBank’s Acquisition of Citi Handlowy’s Retail Operations

The Polish Financial Supervision Authority (KNF) has unanimously approved VeloBank’s acquisition of the retail division of Citi Handlowy. Obtaining this decision at the current...

Financial Awareness Rising in Poland: 83% Save, 37% Invest

Significantly more Poles now evaluate their financial situation positively—describing it as average (43%) or “rather good” (41%). Only 16% consider it negative. A...

VeloBank Finalizes Acquisition of Noble Funds TFI and Launches VeloFunds TFI

VeloBank continues its strategy of sustainable growth and expansion in the investment services market, finalizing the acquisition of 86.83% of shares in Towarzystwo Funduszy...

VeloBank Signs Conditional Agreement to Acquire the Retail Banking Division of Citi Handlowy

VeloBank has signed a conditional agreement to purchase the retail banking segment of Citi Handlowy. The transaction is expected to be finalized upon receiving...

Gold instead of dollar – central banks change the structure of reserves

Gold is hitting new price records, exceeding the level of $2900 per ounce, and some banks, like Citi, are predicting the barrier of $3000...

Banks Ease Mortgage Terms as Average Credit Capacity Rises to 488 Thousand PLN Amid Anticipated Rate Cuts

Lack of specifics about a new state support program for property buying and anticipation of an interest rate cut have led banks to ease...
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