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Earlier this month, the Federal Reserve slashed interest rates by 50 basis points at its September Federal Open Market Committee meeting, lowering the federal funds rate in the range of 4.75%-5%.
LOS ANGELES, CA / ACCESSWIRE / September 29, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of WM Technology, Inc. ("WM Technology" or "the Company") (NASDAQ:C) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
The once-frosty relationship between private lenders and banks is thawing, as evidenced most recently by Apollo Global Management Inc.'s $25 billion venture with Citigroup Inc., Bloomberg's Sonali Basak says. Today's Wall Street Beat on "Bloomberg Open Interest" teed up the question: Do lower interest rates start to sap the appetite for private credit?
Recently, Zacks.com users have been paying close attention to Citigroup (C). This makes it worthwhile to examine what the stock has in store.
Citi and Apollo will handle loan portfolio with capital from insurance annuity company Athene and Abu Dhabi's Mubadala Investment Co.
Citigroup and Apollo Global Management are joining forces in the private credit market, agreeing to work together on $25 billion worth of deals over the next five years. Sonali Basak reports on Bloomberg Television.
Citigroup and private equity giant Apollo Global have struck a private credit partnership to work together on $25 billion of deals over the next five years, Bloomberg News reported on Thursday, citing a statement.
Citigroup (C) reachead $62.58 at the closing of the latest trading day, reflecting a +0.71% change compared to its last close.
C's efforts to expand into China are held up by the U.S. regulators following a Fed's penalty related to its data and management risk controls.
Citi's plan to expand in China has reportedly hit a regulatory bump in America. The trouble stems from a penalty levied by the Federal Reserve against the banking giant over its data management and risk controls, Bloomberg News reported Monday (Sept.