Fintech firm iCapital has announced plans to acquire Citi Global Alternatives, the advisor to Citi Wealth’s global alternative investment fund platform that houses about 180 funds.

IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride ...

Citigroup Q1 earnings were impressive, with EPS growth at multiyear highs and ROTCE showing significant YoY improvement. Read ...

More Klarna customers are having trouble repaying their “buy now, pay later" loans, the short-term lender said this week. The ...

Citibank Credit Card Master Trust I's net charge-off rate of 2.70% in April slid from 3.00% in March and 2.80% a year earlier. It's also trailing the 3.15% level recorded five years ago ...

Citi to sell wealth alternatives unit to fintech firm iCapital Wall Street heavyweight Citigroup has agreed to sell its wealth alternatives unit to fintech firm iCapital, the companies announced ...

The sale of wealth management will reduce Perpetual’s debt, currently at about $569m. There’s been some debate in the market as to whether it is the right strategy for the group, with one ...

Challenging market assumptions can be quite rewarding, and I hope to provide alternative perspectives. Many people assume that tariffs are inflationary. The logic seems straightforward. A 10 per cent ...

[SINGAPORE] DFI Retail Group’s underlying profit for Q1 2025 fell 18 per cent compared with the same period a year ago, due to the divestment of Yonghui Superstores last year. The Chinese supermarket ...