UnitedHealth and Humana among market cap stock movers on Tuesday

Investing.com -- Citigroup Inc. (NYSE:C) is revamping its corporate banking leadership structure under Vis Raghavan, who is putting his mark on the business after joining from JPMorgan Chase.

Marcelo Marangon and Kaleem Rizvi have been appointed as co-heads of corporate banking, according to a memo reviewed by Bloomberg News. Marangon, previously chief country officer for Brazil, will move to New York, while Rizvi will relocate to London. Both executives will report directly to Raghavan.

The bank has also named John Chirico as global chair of investment banking and Jason Rekate as global chair of corporate banking.

These changes come as part of CEO Jane Fraser’s efforts to improve returns at Citigroup’s banking unit. Fraser recruited Raghavan, who spent over 20 years at JPMorgan where he co-led investment banking, to help drive this transformation. In the memo, Raghavan noted that the group has "incredible" momentum heading into this year.

Additional leadership changes include Paul Burroughs, currently head of North American corporate banking, transitioning to vice chair of corporate banking for North America. Cathy Shepherd and Andrew Padovano will step up as co-heads of North American corporate banking.

A Citigroup spokesperson confirmed the contents of the memo, according to Bloomberg.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Investing.com -- Lyft Inc. is developing a feature to offer rideshare services to teenagers, following a similar program launched by Uber Technologies Inc. about three years ago, according to reporting from Bloomberg.

The new Lyft Teen service will match young passengers with highly-rated drivers and include several safety features. PIN authentication will be enabled by default to ensure teens enter the correct vehicle, and riders will be automatically prompted to begin audio recording during trips.

Parents will receive a link to track their teen’s journey in real time, get updates at pickup and drop-off points, and have the option to communicate directly with drivers if necessary.

Lyft CEO David Risher said in a statement made to Bloomberg that the feature will match teens with drivers meeting the "highest standards" on the platform while offering "transparency for parents every step of the way."

Bloomberg News discovered the feature in the code of Lyft’s latest smartphone app version.

This development represents a significant policy change for Lyft, which previously prohibited minors from using its service without adult accompaniment. Uber began allowing users aged 13-17 to access its rideshare and delivery platform in 2023.

The teen rides program acknowledges the common practice of parents ordering rideshare vehicles on their accounts to transport their children to and from after-school activities.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Investing.com --  Cantor Fitzgerald started coverage of fintech and payments stocks, saying a wholesale redesign of the global financial system is underway as blockchain and AI reshape how money and assets move across accounts, balance sheets, and jurisdictions.

Cantor said the shift is not yet obvious to most users because fintech firms have long layered modern interfaces on top of outdated infrastructure.

Beneath that abstraction, however, the firm sees fundamental changes to financial plumbing that create both disruption risks and growth opportunities. Rather than a simple replacement of incumbents, Cantor said outcomes will vary by business model, making stock selection critical.

The firm said future sector leaders will need exposure to at least one of four disruptive areas: stablecoins, agentic commerce, real-world asset tokenization, and embedded finance.

Cantor rated Visa Overweight, saying the company sits behind a deep duopoly alongside Mastercard and remains insulated from many forms of disruption. It said Visa’s role as a transaction facilitator, rather than a transporter of funds, makes it largely agnostic to how money is stored or moved, including via stablecoins. Cantor sees scope for incremental growth through pricing, value-added services, and the continued shift toward digital payments, though it expressed a slight preference for Mastercard.

Mastercard was also rated Overweight. Cantor said Mastercard’s ubiquity across consumers, banks, and merchants creates strong network effects and reinforces its competitive moat. Relative to Visa, Cantor sees higher revenue growth, more margin expansion potential, and less legal and regulatory overhang.

PayPal was rated Neutral. Cantor said recent strategic changes have produced a more balanced growth engine across branded checkout, payments processing, and Venmo, supporting volume and revenue acceleration into 2026. However, it flagged expected deceleration in transaction margin dollars and earnings growth due to higher investment, which could limit near-term upside.

Coinbase was rated Overweight, with Cantor describing it as a regulated bridge between decentralized and traditional finance. The firm said Coinbase is evolving beyond spot crypto trading into a broader financial platform and is well positioned to benefit from rising stablecoin adoption.

Cantor also rated Strategy Overweight, citing its role as a bitcoin-focused operating company and its ability to use capital markets structures to expand bitcoin exposure over time.