Adam Forsyth

Citigroup said to weigh acquisition of US regional bank to strengthen deposits and lending

Citigroup, a key player in global finance, is weighing a potential acquisition of a US regional bank or brokerage to boost deposits, expand branches, and strengthen lending operations, Bloomberg reported Friday, citing sources with knowledge of the matter. Discussions have included banks with around $500 billion in assets and brokerages like Stifel and Raymond James,…

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Retail Sentiment Turns Bearish While Bitcoin Holdings Rise Across Both Small and Large Wallets

Small and large holders are accumulating Bitcoin at similar rates, an uncommon pattern that may delay typical breakout conditions. Bitcoin (BTC) suffered a fresh decline of nearly 4% on Friday as it slipped to $66,200, as conditions in the Middle East conflict remain extremely fragile. Against this backdrop, retail traders grow increasingly bearish on…

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