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The 65-minute musical film, which she self-financed, follows a hopeless romantic in search of love (Lopez) and the myriad ways she contends with repeated heartbreak, including visits to her therapist (played by Fat Joe) and sobbing through old romantic films. Photos You Should See View All 22 ImagesAP: It's been a decade since your last album. But this was really different because I hadn’t been inspired to really go into the studio and write a whole album for years. I did “Marry Me” a few years ago for the movie, but that was not a Jennifer Lopez album, not a J.Lo album. It’s made me doubt myself and really feel bad about myself at times.

Persons: Jennifer Lopez, Lopez, Fat Joe, Jane Fonda, Post Malone, Keke Palmer, Sofia Vergara, Ben Affleck, It's, LOPEZ, Nobody, I’ve, ” —, “, They’re, It’s, Ben, they’re, you’re Organizations: ANGELES, AP Locations: Orlando , Florida

☆ A bet using options that a long-underperforming bank is finally turning the corner
▼ + stars: | 2024-02-14 | by ( Tony Zhang | ) www.cnbc.com time to read: +2 min

There has been a revolving door of CEOs, but Jane Fraser has seemed to catch investors' attention finally. As the bank shed unprofitable businesses and focused on generating revenue growth, the stock has not underperformed over the last 10 months. Additionally, I am quite comfortable as an investor buying into a bank that is trading at 7 times forward earnings. Options on Citigroup are not very expensive, so my preference is to capture the potential upside by using a simple call option. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: Jane Fraser, selloff Organizations: Citigroup, Citi

☆ Here are Wednesday's biggest analyst calls: Tesla, Nvidia, Arm, Citi, Walmart, First Solar, Ulta, GE & more
▼ + stars: | 2024-02-14 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

UBS downgrades Waste Management to neutral from buy UBS said the trash company has a "lofty" valuation. Citi reiterates Nvidia as buy Citi said its standing by its buy rating heading into earnings next week. " UBS upgrades HF Sinclair to buy from neutral UBS said the refiner is underappreciated. UBS upgrades Huntington Bancshares to buy from neutral UBS said it sees "strong strategic positioning" for the regional bank. Citi downgrades GlobalFoundries to neutral from buy Citi downgraded the semi company following earnings on Tuesday.

Persons: Wells, Redburn, Morgan Stanley, Tesla, it's, Piper Sandler, Piper, Jane Fraser's, Q, BRKRs, BRKR, DINO, D.A, Davidson downgrades Airbnb, Evercore, GlobalFoundries, Bernstein, Wingstop Organizations: Wells, RBC, Enphase Energy, Shoals Technologies, SolarEdge Technologies, UBS downgrades Waste Management, UBS, Citi, Nvidia, JPMorgan, Sinclair, diesel, Deutsche Bank, General, Deutsche, GE, ABNB, ABNB's, Walmart, ISI, Huntington, HSBC, Palantir, HP, Bank of America, of America, Design Systems, Rivals Locations: EBITDA

☆ British Vogue features 40 ‘legendary’ cover stars for editor Edward Enninful’s final issue
▼ + stars: | 2024-02-09 | by ( Jacqui Palumbo | ) edition.cnn.com time to read: +4 min

CNN —For British Vogue’s final issue under Edward Enninful, the outgoing editor-in-chief put not one superstar on the cover, but 40 of them. Forty previous cover stars return for Enninful’s final issue. Steven Meisel“When it came to my last issue, I knew the cover would be dedicated to women. Ned RogersNaomi Campbell, who has now appeared on four British Vogue covers during Enninful's tenure. His other cover stars included 82-year-old Miriam Margolyes, who posed nude for last year’s Pride Month issue, and a then-85-year-old Dame Judi Dench.

Persons: Edward Enninful, Naomi Campbell, Cindy Crawford, Miley Cyrus, Linda Evangelista, Jane Fonda, Kate Moss, Serena Williams, Steven Meisel, Ned Rogers, Enninful, Steven Meisel “, ” Enninful, ”, shockwaves, Misan Harriman, Kennedi Carter, Ned Rogers Naomi Campbell, Ned Rogers Enninful, Fonda, Miriam Margolyes, Dame Judi Dench, Christy Turlington, CNN’s Christiane Amanpour, Anna Wintour’s, Condé Nast, Chioma Nnadi Organizations: CNN, Hollywood, Vogue, British Vogue Locations: Ghanaian, Dua Lipa, Manhattan, London, Paris, Milan, Los Angeles, British

☆ One of Wall Street's favorite ways to control workers is under attack
▼ + stars: | 2024-02-08 | by ( Cheryl Winokur Munk | ) www.cnbc.com time to read: +9 min

One of Wall Street's favorite employee leverage tactics — non-compete agreements — is facing a major threat, and there could be far-reaching implications for how the financial industry does business. But it's also clear that Wall Street firms are under particular attention for the practice. With major Wall Street firms already having among the most unpopular back-to-work policies in the market, "Wall Street is already in a position where they are recognizing they don't have all the hands they had before," Chamberlin said. Shore recommends Wall Street firms undertake a thorough competitive analysis at every level in every department to ensure they are market competitive. Even if the FTC rule goes through, Wall Street firms still have options to protect their business.

Persons: Charles Scharf, Wells, Brian Thomas Moynihan, Jamie Dimon, JPMorgan Chase, Jane Fraser, Ronald O’Hanley, Robin Vince, BNY Mellon, David Solomon, Goldman Sachs, James Gorman, Morgan Stanley, General Mills, —, Wall, it's, Kathy Hochul, that's, Covid, Laurie Chamberlin, Chamberlin, Lina Khan's, Khan, It's, David Fisher, Gilbert, Fisher, Juan A, Crowell, Arteaga, Paul Webster, Matt Shore, Kareem Bakr, Webster, Leslie John, Ballard Spahr, John Organizations: Company, Bank of America, JPMorgan, Citigroup, BNY, Google, Apple, Pfizer, Exxon Mobil, General Electric, Procter, Gamble, Nike, Economic, Institute, Federal Trade Commission, North America, American College of Emergency Physicians, Davis, FTC, Supreme, Industry, Moring, Wall, Phaidon International, Wall Street Locations: Wells Fargo, Hart, Washington ,, New York, . California, U.S, Gilbert . Massachusetts, Oregon, Washington, Massachusetts

☆ The 'Mr. and Mrs. Smith' show's opening cleverly says goodbye to the original Brad Pitt and Angelina Jolie movie — here's how
▼ + stars: | 2024-02-02 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +4 min

Prime Video's "Mr. & Mrs. Smith" series stars Donald Glover and Maya Erskine. Thankfully, Prime Video's "Mr. & Mrs. Smith" TV series stands apart from the usual pitfalls of nostalgia bait and familiarity. While neither Pitt or Jolie appear in the Amazon TV show alongside Glover and Erskine, the opening episode finds a metaphorical way of saying goodbye to the "Mr. & Mrs. Smith" movie. AdvertisementSo while audiences will already be familiar with the idea of married spies, the "Mr. & Mrs. Smith" series feels fresh enough to stand on its own two feet. "Mr. & Mrs. Smith" is streaming now on Prime Video.

Persons: Smith, Donald Glover, Maya Erskine, It's, Brad Pitt, Angelina Jolie, —, John, Jane Smith, it's, Jane, Pitt, Jolie, Glover, Erskine, Alexander Skarsgård, Eiza Gonzalez, they've, Jane's, Gonzalez, Doug Liman Organizations: Service, Amazon Locations: York

☆ Top analyst Mike Mayo turns bullish on Citigroup with Warren Buffett as an influential investor
▼ + stars: | 2024-01-22 | by ( Yun Li | ) www.cnbc.com time to read: +3 min

Widely followed bank analyst Mike Mayo named Citigroup his top pick, saying he realized the embattled bank is under the influence of none other than Warren Buffett. "Until now, it was unclear to us and many investors whether this Citi stake was really a 'Warren Buffett investment' vs. somebody else at his firm. Earlier this month, Citigroup cut 10% of its workforce in a bid to boost the bank's results and stock price. C 1Y mountain Citigroup Mayo said Buffett seems to support his belief that Citigroup's overhaul could make a significant difference this time around. "Warren Buffett supports the CEO's restructuring.

Persons: Mike Mayo, Warren Buffett, Wells Fargo's Mayo, Buffett, Berkshire Hathaway, Jane Fraser, Omaha hasn't, Mayo, Goldman Sachs, Brian Moynihan, Fraser, couldn't, Citigroup Mayo Organizations: Citigroup, Reuters, Berkshire, Citi, U.S . Bancorp, JPMorgan, Bank of America, Apple, CNBC, U.S Locations: Omaha, Mayo, Berkshire, Wells Fargo, Bank

☆ Dollar headed for second weekly gain on tempered rates outlook
▼ + stars: | 2024-01-19 | by ( ) www.cnbc.com time to read: +3 min

Dollar bills and Japanese currency Yen lying on a table on August 03, 2016 in Berlin, Germany. The dollar headed for a second weekly gain in a row on Friday on signs of resilience in the U.S. economy and caution about rate cuts from central bankers. Weekly gains on the risk-sensitive Australian and New Zealand dollars of 1.7% and 2.1% are set to be the largest since November and June respectively. Rabobank revised its one-month forecast for dollar/yen to 148 from 144, expecting further unwinding of bets on the pace of U.S. rate cuts to support the dollar. An unexpected rise in British inflation also drove a sharp pullback in bets on Bank of England interest rate cuts, and leant support to sterling.

Persons: Jane Foley, Christopher Waller, Bitcoin Organizations: New, Bank of Japan, Rabobank, Federal, Bank of Locations: Berlin, Germany, U.S, New Zealand, Asia, Europe, Bank of England

☆ These cheap stocks with upside could be the next bull market winners
▼ + stars: | 2024-01-19 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Wall Street is on the verge of confirming a new bull market has begun, and these stocks could be the next big winners. Here's the criteria: Average analysts' forecasts imply at least 15% upside moving forward. Average analysts' forecasts imply more than 15% upside moving forward. Analysts think the stock can climb even higher, with their average forecasts implying nearly 22% upside moving forward. Analysts forecast a further 21% upside moving forward.

Persons: Stocks, Jane Fraser's, Conor Cunningham, Wells Organizations: Nasdaq, CNBC, Financial, Citigroup, Citi, Shipping, FedEx, Analysts, Melius Research, JBL, L3Harris Technologies

☆ What Wall Street bosses from Goldman Sachs to JPMorgan are saying about the jobs outlook for 2024 in investment banking, wealth management, and more
▼ + stars: | 2024-01-16 | by ( Emmalyse Brownstein | Alex Morrell | Reed Alexander | ) www.businessinsider.com time to read: +11 min

Last year, banks opened 2023 by forecasting layoffs, including for the investment bankers who suddenly had nothing to do following the pandemic-era M&A and IPO boom. Citigroup kicked off 2024 ominously, warning that it will lay off as many as 20,000 employees by 2026. The bank expects 2024 expenses to increase further to total $90 billion, up $2.8 billion from 2023, and much of that will be focused on hiring. CFO Barnum on Friday said the bank is gearing up for a "rebound in the investment banking wallet." Headcount declined 3% to 80,006 from 82,427, while compensation expenses rose to $24.5 billion from $23 billion.

Persons: It's, it's, Jane Fraser, Jeremy Barnum, JPMorgan Chase Jamie Dimon, JPMorgan Chase, Alex Wroblewski, JPMorgan's headcount, Barnum, Friday, Patrick T, Fallon, —, Fraser, Q, Goldman Sachs Goldman Sachs, David Solomon, BRENDAN MCDERMID, Goldman Sachs, Denis Coleman, Coleman, Goldman, Bank of America Brian Moynihan, Robert Galbraith, headcount, BofA, Alastair Borthwick, execs, they've, Brian Moynihan, Wells Fargo Charles Scharf, Lucy Nicholson Wells Fargo, Michael Santomassimo, Charlie Scharf, Santomassimo, BlackRock Larry Fink, Fink, Kapito, Morgan Stanley Ted Pick, Morgan Stanley, Jeenah, Headcount, Morgan, Ted Pick, Sharon Yeshaya, Blackstone Steven Schwarzman, Blackstone, Gonzalo Fuentes Organizations: Business, Citigroup, JPMorgan, Citi, BlackRock, Blackstone, Getty, AlphaSense, Citigroup Citigroup, Bank of America, REUTERS, Robert, Robert Galbraith Bank of America's, Reuters, AP BlackRock, Global Infrastructure Partners Locations: Wall, headcount, Wells Fargo

☆ CNBC Daily Open: Big Bank earnings point to a grim season
▼ + stars: | 2024-01-15 | by ( Shreyashi Sanyal | ) www.cnbc.com time to read: +3 min

Win Mcnamee | Getty ImagesThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. What you need to know todayThe bottom lineFourth-quarter earnings have officially begun with four of Wall Street's top six banks reporting rather bleak results. JPMorgan Chase, the biggest U.S. bank by assets, paid a sizeable fee linked to the government seizures associated with regional banking crisis last March, which impacted its earnings. Citigroup has lagged its Wall Street peers since the 2008 financial crisis and remains the lowest valued among the top six banks.

Persons: Brian Moynihan, Jamie Dimon, JPMorgan Chase, Jane Fraser, Win Mcnamee, Jane Fraser's, Kurt Rankin, Lai Ching, Lai Organizations: Bank of America, JPMorgan, Citigroup, CNBC, Federal Reserve, PNC, Voters, Democratic Progressive Party Locations: Hart, Washington , DC, U.S, Asia, China, Taiwan

☆ Jane Fonda says her Oscar trophies were kept hidden during her marriage to Tom Hayden
▼ + stars: | 2024-01-15 | by ( Amanda Goh | ) www.businessinsider.com time to read: +2 min

Jane Fonda says she kept her Oscar trophies hidden while married to her second husband Tom Hayden. "I wanted to play down the Hollywood part of me," she told Dave Karger in his book "50 Oscar Nights." AdvertisementJane Fonda says she used to keep her Oscar trophies hidden during her marriage to political activist Tom Hayden, according to an excerpt published by People from Dave Karger's forthcoming book, "50 Oscar Nights." AdvertisementA year later, in 1991, Fonda married her third husband, CNN founder Ted Turner. Karger's book "50 Oscar Nights" is set to be released on January 23.

Persons: Jane Fonda, Tom Hayden, Dave Karger, —, Dave Karger's, Fonda, Karger, Grace, Frankie, Hayden, Troy O'Donovan Garity, Mary Luana Williams, Ted Turner, Turner Organizations: Service

☆ Citigroup Plans to Cut 20,000 Jobs
▼ + stars: | 2024-01-13 | by ( Justin Baer | ) www.wsj.com time to read: 1 min

Citigroup Chief Executive Jane Fraser took over the bank in 2021 with a mandate to streamline. Photo: EVELYN HOCKSTEIN/REUTERSCitigroup plans to eliminate some 20,000 jobs by the end of 2026, marking the next phase of the bank’s most dramatic restructuring plan in decades. The cuts will trim about 10% of Citi’s head count, which totaled 200,000 in December excluding the staff employed by a Mexico business that is being spun off. Citi detailed its cost-cutting plans on Friday, when it also announced a fourth-quarter loss.

Persons: Jane Fraser, EVELYN HOCKSTEIN Organizations: Citigroup, Citi Locations: Mexico

☆ Citigroup to cut 20,000 employees
▼ + stars: | 2024-01-12 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +2 min

New York CNN —Citigroup will lay off 20,000 employees over the next two years, CFO Mark Mason said Friday. The reduction comes after the company reported a $1.8 billion net loss for the fourth quarter of 2023, its worst quarter in 15 years. The bank expects the reduction in headcount to save $2.5 billion over the long-term. These layoffs are part of Citi CEO Jane Fraser’s years-long effort to cut red tape at the company and boost lagging profits. Citigroup CEO Jane Fraser first announced her sweeping restructuring efforts last September.

Persons: Mark Mason, Jane Fraser’s, Fraser, ”, Manson, Jane Fraser, “ We’ll, ” Fraser Organizations: New, New York CNN, Citigroup, FactSet, Citi Locations: New York, Argentina

☆ Citigroup posts $1.8 billion fourth-quarter loss after litany of charges
▼ + stars: | 2024-01-12 | by ( Hugh Son | ) www.cnbc.com time to read: +2 min

Citigroup on Friday posted a $1.8 billion fourth-quarter loss after booking several large charges tied to overseas risks, last year's regional banking crisis and CEO Jane Fraser's corporate overhaul. All told, the charges — so massive the bank preannounced their effect this week — hit quarterly earnings by $4.66 billion, or $2 per share, Citigroup said. Excluding their effect, earnings would've been 84 cents a share, the bank said. Revenue: $17.44 billion vs. $18.74 billion expected. Fraser called her company's performance "very disappointing" because of the charges but said Citigroup had made "substantial progress" simplifying the bank last year.

Persons: Jane, would've, Fraser, Mark Mason, Octavio Marenzi, Goldman Sachs, Morgan Stanley Organizations: Citigroup, LSEG, Revenue, Citi, Opimas, JPMorgan Chase, Bank of America, CNBC PRO Locations: Argentina

☆ Biggest U.S. Banks Earn Billions, Even After Insurance Bill
▼ + stars: | 2024-01-12 | by ( Emily Flitter | Stacy Cowley | ) www.nytimes.com time to read: +1 min

The nation’s largest banks are churning out profits as interest rates remain high, even though the lenders have had to set aside billions of dollars to replenish a deposit insurance fund that was heavily depleted by a crisis among midsize banks last spring. Citigroup, which is in the midst of a global restructuring, reported a net loss of $1.8 billion for the quarter, compared with a profit of $2.5 billion a year earlier. In the last quarter of 2023, JPMorgan earned $9.3 billion, or $3.04 per share, compared with $11 billion a year earlier. A special assessment by the Federal Deposit Insurance Corporation had reduced per-share earnings by 74 cents, the bank said. Analysts had been expecting per-share earnings of around $3.32, so investors considered the bank’s performance to be a win once the F.D.I.C.’s one-time bill of $2.9 billion was taken into account.

Persons: Jane Fraser Organizations: JPMorgan Chase, Bank of America, Citigroup, JPMorgan, Federal Deposit Insurance Corporation Locations: Wells, Russia, Argentina

☆ Citigroup is cutting 10% of its workforce in CEO Jane Fraser’s corporate overhaul
▼ + stars: | 2024-01-12 | by ( Hugh Son | ) www.cnbc.com time to read: +1 min

Citigroup said it was cutting 10% of its workforce in a bid to help boost the embattled bank's results and stock price. About 20,000 employees will be let go over the "medium term," New York-based Citigroup said Friday in a slideshow tied to fourth-quarter earnings. While it wasn't immediately clear how long that is, the bank has previously used that term to denote a three- to five-year period. Citigroup CEO Jane Fraser announced a sweeping overhaul of the third-largest U.S. bank by assets in September. In November, CNBC reported that managers and consultants involved in the effort — known internally by the code name "Project Bora Bora" — discussed job cuts of 10% in several major businesses.

Persons: Jane Fraser, couldn't, — Organizations: Citigroup, U.S, CNBC Locations: New York

☆ Citi to cut about 20,000 jobs as it doubles down on its corporate overhaul
▼ + stars: | 2024-01-12 | by ( Jordan Hart | ) www.businessinsider.com time to read: +1 min

Citigroup will cut about 20,000 roles over three years as its corporate restructuring continues. The bank also had a "very disappointing" Q4 in 2023, CEO Jane Fraser said. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementCitigroup will cut about 20,000 jobs over the next three years as part of its previously announced restructuring. This story is available exclusively to Business Insider subscribers.

Persons: Jane Fraser, — Organizations: Citigroup, Service, Business

☆ Citigroup at risk of quarterly loss after charges come in far higher than initially disclosed
▼ + stars: | 2024-01-10 | by ( Hugh Son | ) www.cnbc.com time to read: +2 min

Citigroup warned investors late Wednesday that charges tied to the decline of the Argentine peso as well as the bank's reorganization came in far higher than disclosed by the company's CFO just weeks ago. Those charges are significantly higher than the "couple hundred million dollars" apiece that CFO Mark Mason told investors to expect at a Dec. 6 conference hosted by Goldman Sachs. All told, the charges are likely to result in a $1 per share fourth-quarter loss, according to Mayo. Despite his own skepticism that the bank can achieve its targets, Mayo recommends Citigroup stock, saying it is so beaten down that it can double within three years. A Citigroup spokeswoman declined to comment on the bank's shifting guidance, instead pointing to remarks from Mason published late Wednesday.

Persons: Jane, Mark Mason, Goldman Sachs, Mike Mayo, Fraser, That's, Mason Organizations: Citigroup, Argentine, Mayo Locations: Wells Fargo, Argentina, Russia, Mayo

☆ Earnings playbook: Your guide to the biggest reports this week, including JPMorgan
▼ + stars: | 2024-01-07 | by ( Fred Imbert | ) www.cnbc.com time to read: +6 min

Friday UnitedHealth is set to report earnings before the bell, with a conference call scheduled for 8:45 a.m. JPMorgan Chase is set to report earnings before the market opens. Management has said it will disclose severance costs and job cuts along with fourth quarter earnings." Delta Air Lines is set to report earnings before the bell, followed by a call at 10 a.m. What history shows: Bank of America beats earnings estimates 79% of the time, per Bespoke.

Persons: Wells, John Butters, Butters, UNH, UnitedHealth, CVS, JPMorgan Chase, Hugh Son, Jane, DAL, Leslie Josephs Organizations: JPMorgan Chase, Citigroup, Bank of America, Delta Airlines, CNBC, LSEG, JPMorgan, First, Management, Delta Air Lines, CNBC CNBC, Delta Locations: Wells Fargo

Spokespeople for the banks declined to provide comment ahead of the hearing or did not respond to requests for comment. Kevin Fromer, president of the Financial Services Forum, which represents the CEOs, said he expected Basel to be a focus. Big bank CEOs have been appearing before Congress for several years after the 2007-09 financial crisis and subsequent scandals thrust the industry into Washington's crosshairs. Former Wells Fargo CEO Tim Sloan, meanwhile, resigned in March 2019 after stumbling during a hearing about the bank's regulatory woes. But after years of playing defense, the CEOs are expected to be more assertive, this time backed by Republicans critical of red tape.

Persons: Andy Cecere, William Demchak, Jamie Dimon, Jane Fraser ,, Brian Moynihan, William Rogers, Wells, Bank of America's Brian Moynihan, Citi's Jane Fraser, Wells Fargo's Charles Scharf, Goldman Sachs, David Solomon, Morgan Stanley's James Gorman, Ronald O'Hanley, BNY Mellon's Robin Vince, Sherrod Brown, Brown, Kevin Fromer, Dimon, Elizabeth Warren, Tim Sloan, meanwhile, Tim Scott, Pete Schroeder, Nupur Anand, Tatiana Bautzer, Saeed Azhar, Lananh Nguyen, Michelle Price, Nick Zieminski Organizations: U.S . Bancorp, PNC Financial Services Group, JPMorgan Chase, Co, Citigroup, Jane Fraser , Bank of America, Truist Financial, JPMorgan, Bank of America, Bank of America's, Democratic, Silicon Valley Bank, Financial Services, Big, Former Wells, Republicans, Thomson Locations: WASHINGTON, Wells Fargo, Silicon, Basel, New York

NASHVILLE, Tenn. (AP) — Jim Leyland left his living room in Thornburg, Pennsylvania, and had gone upstairs to lie down, convinced the call to Cooperstown wasn't coming. Hall chairman Jane Forbes Clark was on the line and Leyland had been voted in, two weeks shy of his 79th birthday. Leyland coached in the Tigers minor league system, then started managing with Bristol of the Appalachian Rookie League in 1971. The Pirates sank from there following the departures of Bonds and ace pitcher Doug Drabek as free agents, and Leyland left after Pittsburgh’s fourth straight losing season in 1996. But the Marlins sold off veterans and tumbled to 54-108 in 1998, and Leyland left for the Rockies.

Persons: Jim Leyland, “, ”, Pat, Jane Forbes Clark, ” Leyland, Leyland, Joe McCarthy, Clark Griffith, Barry Bonds, Gary Sheffield, Larry Walker, Miguel Cabrera, Justin Verlander, Max Scherzer, they're, Lou Piniella, Bill White, Cito Gaston, Davey Johnson, Joe West, Ed Montague, Hank Peters, Adrián Beltré, Joe Mauer, Chase Utley, David Wright, José Bautista, Matt Holliday, Holdovers, Todd Helton, Billy Wagner, Tony La Russa’s, Jim Who, I'm, Francisco Cabrera’s, Doug Drabek, ″ Leyland, Alan Trammell, Louis Organizations: Cooperstown, Leyland, Florida Marlins, Baseball Writers ’ Association of America, Jan, Tigers, Bristol, Appalachian Rookie League, Chicago White Sox, Pirates, Pittsburgh Press, Pittsburgh, Atlanta, The Pirates, Marlins, White Sox, Red Sox, Angels . Florida, Rockies, St, Louis Cardinals, American League Locations: Tenn, Thornburg , Pennsylvania, Pittsburgh , Florida , Colorado, Detroit, Toledo , Ohio, Perrysburg, San Francisco, Cooperstown

☆ Citi bankers leave for Jefferies as municipal banking department in turmoil -Bloomberg News
▼ + stars: | 2023-11-27 | by ( ) www.reuters.com time to read: +1 min

General view of Jefferies Financial Group offices in Manhattan, New York City, U.S., December 8, 2021. REUTERS/Eduardo Munoz/File Photo Acquire Licensing RightsNov 27 (Reuters) - A team of bankers focused on healthcare at Citigroup (C.N) has left for rival Jefferies Financial (JEF.N) after the firm's executives mulled closing the municipal banking department altogether, Bloomberg News reported on Monday. The group of about 10 bankers departing for Jefferies included managing directors Brian Carlstead, Ben Klemz and Katherine Meyers, the report said, citing people familiar with the matter. CEO Jane Fraser has been weighing whether to shutter the bank's municipal-bond trading and origination business. Citi's municipal offering business has been under scrutiny from Texas attorney general, who in January halted the bank's ability to underwrite most municipal bond offerings in Texas, saying Citi has discriminated against the firearms sector.

Persons: Eduardo Munoz, Brian Carlstead, Ben Klemz, Katherine Meyers, Jane Fraser, Pritam Biswas Organizations: Jefferies Financial, REUTERS, Citigroup, Jefferies, Bloomberg, Citi, Thomson Locations: Manhattan , New York City, U.S, Texas, Bengaluru

☆ Sterling rises, dollar listless as markets brace for post-Thanksgiving buzz
▼ + stars: | 2023-11-27 | by ( Rae Wee | ) www.reuters.com time to read: +3 min

The pound was on track for a roughly 3.8% gain for the month, its largest monthly gain in a year. Elsewhere, the dollar fell 0.32% to 148.97 yen , while the euro gained 0.2% to $1.0952. The dollar index slipped 0.12% to 103.31 and was headed for a monthly loss of more than 3%, its worst performance in a year. In China, the yuan slipped after the official midpoint snapped five straight sessions of strengthening, with the onshore yuan last at 7.1550 per dollar. Reporting by Rae Wee; Editing by Gerry Doyle and Christopher CushingOur Standards: The Thomson Reuters Trust Principles.

Persons: Sterling, Carol Kong, Jane Foley, Rae Wee, Gerry Doyle, Christopher Cushing Organizations: Federal, Reserve Bank of New, PMI, Bank of England, Commonwealth Bank of Australia, Traders, Rabobank, ", Fed, New, Thomson Locations: SINGAPORE, OPEC, Australia, Reserve Bank of New Zealand, New Zealand, China, Beijing

☆ Sterling steady, dollar wobbles as markets brace for post-Thanksgiving buzz
▼ + stars: | 2023-11-27 | by ( ) www.cnbc.com time to read: +4 min

In this photo illustration, a old British £1 note is pictured with a one Dollar bill note on November 05, 2023 in Bath, England. The Australian dollar likewise stood near a roughly three-month high and last bought $0.6578, ahead of domestic inflation data on Wednesday. The weakening greenback provided some respite for the Japanese yen , which sat on the stronger side of 150 per dollar and last stood at 149.52 per dollar. The New Zealand dollar eased 0.1% to $0.6076, but was likewise hovering near Friday's more than three-month high of $0.6096. "I think the issues in the Middle East have definitely become more of a background risk," said CBA's Kong.

Persons: Sterling, Carol Kong, Jane Foley, CBA's Organizations: Federal, Reserve Bank of New, PMI, Bank of England, Commonwealth Bank of Australia, U.S ., U.S, Rabobank, Fed, New Zealand, Israel Locations: Bath, England, OPEC, Australia, Reserve Bank of New Zealand, Friday's, U.S, East, Gaza

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