Uncertainties around U.S. policies may slow global economic growth modestly in 2025, according to major brokerages. They expect U.S. President-elect Donald Trump's proposed tariffs to fuel volatility across global markets, spurring inflationary pressures and, in turn, limiting the scope for major central banks to ease monetary policy.

Moore will join Citi Wealth from BlackRock, where she served as head of thematic strategy for the $50bn global allocation business. Her career spans notable leadership positions, including chief investment strategist for JPMorgan’s Private Bank,

Citigroup's wealth unit has greenlit special retention bonuses for dozens of personnel this year as the Wall Street giant looks to prevent more bankers from leaving, Bloomberg News reported on Monday.

(Reuters) - Citigroup has greenlit special retention bonuses for hundreds of personnel this year as the Wall Street giant looks to prevent more bankers from leaving, Bloomberg News reported on Monday.

As Citigroup revamps its wealth business, it's unveiled a new strategy to keep top bankers from leaving--dishing out special retention bonuses for dozens of personnel. Bloomberg's Todd Gillespie breaks down the story on "Bloomberg Open Interest.