FOSTER CITY, Calif., Oct. 07, 2024 (GLOBE NEWSWIRE) -- Terns Pharmaceuticals, Inc. (“Terns” or the “Company”) (Nasdaq: TERN), a clinical-stage biopharmaceutical company developing a portfolio of small-molecule product candidates to address serious diseases, including oncology and obesity, today announced that it has granted as of October 1, 2024 an equity inducement award to a new employee under the terms of the 2022 Employment Inducement Award Plan, as amended (the “Inducement Plan”). The equity award was ...

文章核心观点 - 中国股市在国庆节假期后重新开市,投资者关注假期前的涨势是否会持续[1] - 高盛将中国股票评级上调至"增持",预计基准估值将上升,这源于中国政府采取的果断政策措施改善了估值[1] - 花旗集团也上调了中国消费和房地产股的评级[1] - 高盛分析师预计中国股票有15%至20%的上涨空间,这源于最近的强劲反弹、估值仍低于中位数区间、盈利增长潜力以及投资者持仓较轻[1] - 高盛将MSCI中国指数和CSI 300指数的12个月目标分别上调至84点和4600点,对应总回报率15%至18%[1] - 花旗分析师看好互联网股票,维持"增持"评级,这源于其基本面强劲以及消费刺激措施带来的积极溢出效应[2]

SAN DIEGO, Oct. 04, 2024 (GLOBE NEWSWIRE) -- Cidara Therapeutics, Inc. (Nasdaq: CDTX), a biotechnology company using its proprietary Cloudbreak® platform to develop drug-Fc conjugate (DFC) immunotherapies designed to save lives and improve the standard of care for patients facing serious diseases, today announced that the Compensation Committee of its Board of Directors (Compensation Committee) granted Dipesh Bhatt, a new employee, a non-qualified stock option award and restricted stock units (RSUs) for an ...

The Federal Reserve has terminated a decade-long enforcement action against Citigroup Inc. (C) , which was filed over weaknesses in the bank's anti-money laundering (AML) practices.Background of Citigroup’s Enforcement ActionIn March 2023, the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency raised concerns over insufficient controls and risk management practices pertaining to the Bank Secrecy Act (BSA) and AML requirements.The enforcement action didn’t include any fin ...

The Federal Reserve has terminated a decade-old enforcement action against Citigroup that focused on deficiencies tied to the banking giant’s anti-money laundering (AML) practices.On Oct. 1, the central bank announced the termination of the 2013 action — one that had not carried a fine. But the action does discuss several changes to various bank-wide efforts to monitor and address risk, and to report its findings periodically to regulators.In terms of the consent order itself, the Fed had brought its action ...

Citigroup Inc. (C) and Apollo Global Management Inc. (APO) have inked a deal for a subsidiary of Citigroup and certain affiliates of Apollo to establish a revolutionary $25-billion private credit, direct lending program. The program will initially focus on North America, potentially expanding to additional geographies. Both companies expect the program to finance approximately $25 billion of debt opportunities over the next several years, including corporate and financial sponsor transactions.  Citigroup an ...

Citigroup Inc. (C) is in the limelight with the Federal Reserve’s aggressive start to monetary policy easing. During the Sept. 17-18 FOMC meeting, the Fed lowered the interest rate by 50 basis points after more than four years. Currently, the Fed fund rates stand in the 4.75-5% range. The central bank also indicated two more rate cuts this year and four in 2025. This is expected to bring rates down to 3.4% by the end of next year.The rate cut is a positive development for banks like Citigroup, Wells Fargo ( ...

The most recent trading session ended with Citigroup (C) standing at $62.58, reflecting a +0.71% shift from the previouse trading day's closing. The stock exceeded the S&P 500, which registered a gain of 0.28% for the day. Meanwhile, the Dow experienced a rise of 0.15%, and the technology-dominated Nasdaq saw an increase of 0.15%.Heading into today, shares of the U.S. bank had 0% over the past month, lagging the Finance sector's gain of 3.08% and the S&P 500's gain of 2% in that time.Investors will be eager ...

Citigroup Inc.’s (C) plan to expand in China has met a snag with the U.S. regulators after the Federal Reserve imposed a penalty on the bank related to its data management and risk controls, per a Bloomberg report.The bank is currently awaiting a clearance letter from the U.S. Federal Reserve, which is required by Chinese authorities to verify Citigroup's regulatory standing. Without this letter, the bank cannot proceed with its plans to set up a standalone securities firm in China.The difficulties arose wh ...

文章核心观点 - 花旗银行(Citi)在中国扩张计划遭遇监管障碍 [1] - 花旗银行因数据管理和风险控制问题被美联储罚款,导致在中国设立独立证券公司的进程受阻 [1][2] 公司概况 - 花旗银行今年夏季因数据管理问题被美联储和货币监理署罚款1.36亿美元 [2] - 这是花旗银行在2020年就被发现存在的数据管理问题的延续,突显了该行在修复监管缺陷和精简业务方面的挑战 [2] - 花旗银行此前还因风险管理和内部控制问题(包括数据质量管理)被罚4亿美元 [2] 行业动态 - 即时/实时支付在亚太地区和拉丁美洲的采用率快速提升,印度和巴西领跑 [2][3] - 在印度,约85%的支付已实现实时,巴西紧随其后达到80%的采用率 [2] - 即时支付正在数字化现金经济,消除这些经济体的现金使用 [3]