Trading app Robinhood unveils maiden stock buyback plan of $1 bln

Trading app Robinhood Markets (HOOD.O), opens new tab launched its first-ever share buyback plan on Tuesday, saying it would repurchase $1 billion worth of stocks as it looks to grow beyond its startup phase. The company, best known for being the go-to app for retail traders, has been rolling out a series of new features to cater to its […]

Citi bets on Europe despite political uncertainty, regional CEO says

Citigroup is looking to boost its business in Europe despite political instability on the continent spooking investors, the bank’s new head of the region Ignacio Gutierrez-Orrantia said in an interview with Reuters. The U.S. bank, which last year undertook its most significant restructuring in decades, is currently placed fourth in EMEA league tables for M&A […]

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