Standard Life Aberdeen Shakes Up Ranks by Replacing CEO Skeoch

Jun.30 — Keith Skeoch is stepping down as head of Standard Life Aberdeen Plc, the latest high-level departure from the asset manager that has struggled since its creation in a 2017 merger. He’ll be replaced by Stephen Bird, Citigroup Inc.’s former head of global consumer banking. Chairman Douglas Flint discusses the management change in an … Read more Standard Life Aberdeen Shakes Up Ranks by Replacing CEO Skeoch

Some of America’s Biggest Companies Now Recognize Juneteenth as a Holiday

From Nike Inc. to Target Corp., dozens of companies are for the first time commemorating June 19, the effective end of American slavery, but the differences in how are stark. Some, like J.C. Penney Co. and Spotify Technology SA, are giving a paid day off. JPMorgan Chase & Co. will close its bank branches early, … Read more Some of America’s Biggest Companies Now Recognize Juneteenth as a Holiday

China’s JD.com to Start Trading in Hong Kong on June 18

Jun.17 — Alicia Yap, head of Pan Asia internet research at Citigroup Inc., talks about the upcoming Hong Kong trading debut of China’s No. 2 online retailer JD.com Inc. The company, which is already listed on the Nasdaq, increases the number of shares allocated to retail investors in Hong Kong to 16 million from 6.65 million … Read more China’s JD.com to Start Trading in Hong Kong on June 18

JPMorgan to Start Bringing More Traders Back to Office Next Week

JPMorgan Chase & Co. plans to start returning more traders to its Manhattan trading floors next week as the biggest U.S. bank begins formally reopening offices with New York exiting total lockdown. The company will bring volunteers back to its 383 Madison Ave. tower in waves starting June 22, ramping up from 20% of sales … Read more JPMorgan to Start Bringing More Traders Back to Office Next Week

Citigroup CEO Corbat on the Coronavirus Pandemic’s Impact on Operations, Business, Fiscal Policy

May.28 — Mike Corbat, Citigroup chief executive officer, discusses how the Covid-19 pandemic is changing the way his company operates, and the longer-term consequences for business, the economy and government policy. He spoke exclusively with Bloomberg’s Erik Schatzker on “Bloomberg Front Row.”

China’s Factory PMI Moderates in April Amid Weak Demand

Apr.29 — Johanna Chua, chief Asia Pacific economist at Citigroup Global Markets, discusses the outlook for China’s economy and policies. China’s first official data for April suggest the economy has split into two tracks, with a domestic rebound undercut by weak overseas demand. The official manufacturing purchasing managers’ index slipped to 50.8 from 52 a month earlier. … Read more China’s Factory PMI Moderates in April Amid Weak Demand

Financing Sustainable Development in the Context of COVID-19

The #COVID19 pandemic is causing immense suffering for people across the globe. The 2020 ECOSOC Forum on Financing for Development will meet virtually to ramp up global response to COVID-19. – Opening remarks by the President of ECOSOC – Remarks by the Secretary–General – Remarks by the President of the General Assembly – Video message … Read more Financing Sustainable Development in the Context of COVID-19