Citi Joins London Precious Metals Clearing Limited as Clearing Member
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 day ago
0mins
Source: Newsfilter
- Business Expansion: Citi has been admitted as a clearing member of London Precious Metals Clearing Limited (LPMCL), adding Loco London settlement services, which significantly enhances its global precious metals business and improves the comprehensiveness and efficiency of client services.
- Infrastructure Enhancement: This collaboration not only expands LPMCL's network of clearing members but also strengthens the global precious metals market infrastructure, underscoring LPMCL's central role in the gold, silver, platinum, and palladium markets.
- Strategic Alignment: Citi's admission is viewed as a natural extension of its long-standing precious metals business, aligning with its operating model and demonstrating its commitment to supporting robust market infrastructure, which is expected to further drive the stability and resilience of the London bullion market.
- Increased Transparency: The Chair of LPMCL noted that Citi's addition showcases the openness and transparency of their membership process, allowing new entrants to participate in the clearing and settlement of the predominant global over-the-counter precious metals market, thereby enhancing market competition and vitality.
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Analyst Views on C
Wall Street analysts forecast C stock price to fall
18 Analyst Rating
15 Buy
3 Hold
0 Sell
Strong Buy
Current: 139.970
Low
87.00
Averages
131.00
High
150.00
Current: 139.970
Low
87.00
Averages
131.00
High
150.00
About C
Citigroup Inc. is a global diversified financial services holding company. The Company’s segments include Services, Markets, Banking, Wealth and U.S. Personal Banking (USPB). The Services segment includes Treasury and Trade Solutions (TTS) and securities services. TTS provides an integrated suite of tailored cash management, trade and working capital solutions to multinational corporations, financial institutions and public sector organizations. The Markets segment provides corporate, institutional and public sector clients around the world with a full range of sales and trading services across equities, foreign exchange, rates, spread products and commodities. The Banking segment includes investment banking, which supports client capital-raising needs to help strengthen and grow their businesses. The Wealth segment includes Private Bank, Wealth at Work and Citigold and provides financial services to a range of client segments. USPB segment includes branded cards and retail services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Infrastructure Enhancement: This collaboration not only expands LPMCL's network of clearing members but also strengthens the global precious metals market infrastructure, underscoring LPMCL's central role in the gold, silver, platinum, and palladium markets.
- Strategic Alignment: Citi's admission is viewed as a natural extension of its long-standing precious metals business, aligning with its operating model and demonstrating its commitment to supporting robust market infrastructure, which is expected to further drive the stability and resilience of the London bullion market.
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- Infrastructure Enhancement: This collaboration not only expands LPMCL's network of clearing members but also strengthens the global precious metals market infrastructure, underscoring LPMCL's central role in the gold, silver, platinum, and palladium markets.
- Strategic Alignment: Citi's admission is viewed as a natural extension of its long-standing precious metals business, aligning with its operating model and demonstrating its commitment to supporting robust market infrastructure, which is expected to further drive the stability and resilience of the London bullion market.
- Increased Transparency: The Chair of LPMCL noted that Citi's addition showcases the openness and transparency of their membership process, allowing new entrants to participate in the clearing and settlement of the predominant global over-the-counter precious metals market, thereby enhancing market competition and vitality.
See More
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- Valuation Concerns: The S&P 500 Shiller CAPE Ratio has reached its highest level since 2000, while the Buffett indicator shows a record high of 233.8% for U.S. stock market capitalization to GDP ratio, nearing the critical 200% threshold that Buffett warns about, indicating caution for investors.
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- Investor Caution Advised: Despite JPMorgan and Citi analysts maintaining an optimistic outlook for the market, driven by themes of fragmentation, inflation, and AI in 2026, investors should remain selective in stock purchases and keep cash reserves ready for potential market pullbacks.
See More
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- Divergence in Market: JPMorgan analysts have highlighted a significant divergence between AI hardware stocks, like Micron (MU), which has surged nearly 250% year-to-date, and major AI investors like Amazon and Microsoft, which have posted negative returns in 2026, indicating potential market risks.
- Bear Market Warning Signals: Citi Research's Bear Market Checklist reveals 10 global warning flags, the highest since the 2008 crash, although below the 17.5 flags seen before the 2000 crash, suggesting unstable market sentiment.
- Valuation Concerns: The S&P 500 Shiller CAPE Ratio has reached its highest level since 2000, while the Buffett Indicator shows a record high of 233.8% for U.S. stock market capitalization to GDP, nearing Buffett's
See More
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See More
