Citi tech tweaks halt UK online ETF purchases

Financial Times LogoFinancial Times1 mo ago

Citi tech tweaks halt UK online ETF purchases

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ETFs that offer exposure to the US stock markets are among the most popular purchases for retail investors, who are attracted to their low costs.

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To fix the problems chief executive Jane Fraser has earmarked $11bn for tech spending in 2022, one of the banking industry’s biggest budgets.

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Article Details

Author / Journalist: Joshua Franklin

Category: MarketsFinanceInvesting

Topics: Financial Funds 2022 System Customers Tech Online Exchange Sites Citi Management

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-28, 10:22:08

News Timezone: GMT -5:00

News Source URL:

Language: English

Reading Time: 3 minutes read

Article Length: 394 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 18273

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About Financial Times

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Update Frequency: 15 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 11h ago

Coverage Areas: United States

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Publication Timezone: GMT -5:00

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