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Citigroup Restricted Services to Gun Sellers—Now Makes Dramatic U-Turn After Pressure from Trump
Citigroup has reversed its 2018 gun-sale restrictions amid pressure from Donald Trump and Republican states. Find out what this means for banks and US gun policy.
'Get A Machine Gun And Kill Them All!': July Video Shows Alleged Citi Employee Explode At Protestors
A Citigroup employee's aggressive outburst towards protesters blocking the bank's New York headquarters has sparked outrage, intensifying tensions between the financial giant and environmental activists demanding an end to fossil fuel financing.
5 Stocks From Warren Buffett's Portfolio To Buy and Hold for the Next Five Years
Buffett's investing philosophy is buying great companies at a fair price. These five stocks form the pillar of his $340 billion portfolio, poised for future growth.
Citigroup follows Barclays in settling US Libor rigging lawsuit
Global bank agrees multimillion settlement to end private antitrust litigation stateside.
Deutsche Bank boss warns bank is preparing for 'worst Brexit outcome'
Bank's CEO John Cryan says 'an awful lot of details' will have to be ironed out.
Citi: PSD2 will enable banks to become third party players just like fintechs
Citi's Ruth Wandhofer and ING's Eric Tak debated PSD2 at Citi's recent Digital Money Symposium.
Is JP Morgan mulling over a new EU hub post-Brexit?
Report suggests US investment bank is checking out eight EU locations to move some of its operations from London.
How to avoid getting caught for money laundering in the UK – stick to transactions under £3m
Citi Tech for Integrity Challenge (T4I) gathered AML experts discuss how regtech can fight financial crime.
Citigroup and Credit Suisse confirm plans to shift some operations out of UK
Senior executives from both companies said that they would move certain businesses to other countries in Europe.
Buyout boss says Brexit will be good for his business but will mean a 30% cut in UK wages
Brexit will lead to wage cuts, higher interest rates and increased non-EU immigration, says private equity chief.
Morgan Stanley and Citigroup to shift many jobs outside the UK post Brexit – report
While Morgan Stanley is expected to shift around 1,000 UK jobs, Citigroup's number stands at about 100.
Former foreign secretary William Hague joins Wall Street giant Citi
The senior Conservative leader will advise the bank's clients on the UK's Brexit strategy
RBS, Barclays and other banks fined almost $100m by Swiss regulators over Libor cartels
European and US banks caught in latest round of Libor rate-rigging fines uncovered by the financial crisis.
Brexit: London banks 'in advanced stages' of shifting operations to Paris
Regulator says companies have already conducted due diligence to move operations to French capital.
Commodities round-up: Brent caps $50 per barrel mark as traders mull over Opec cut
Major investment banks express scepticism over actual implementation of Opec's proposals for a production cut.
Will banks catch the curve of the machine-to-machine economy?
Blockchains will drive an M2M economy of autonomous vehicles, drones, robots and 3D printers
Citigroup fined $7m over software bug that misreported trading data to US regulator for 15 years
Citigroup mistakenly sent incomplete blue sheet information to the US financial regulator from 1999 to 2014.
Uber raises $1.15bn high-yield loan arranged by Morgan Stanley, Barclays, Citigroup and Goldman Sachs
Uber will pay a yield of about 5% on the loan.
EU referendum: 'Remain' vote could still trigger political instability in the UK
Citi expects 'Remain' to win 60% of votes but warns of political instability in case of smaller margin.
Jihadist website featuring beheadings has been making money from Google ad platform
A jihadist propaganda website has been profiting by featuring ads from international brands.
Ethereum-based KYC platform Cetas added to Microsoft Azure blockchain cloud
Cetas developer Algorythmix said the system 'maintains an apt balance between AML and privacy laws'.
Tom Hayes: First person in Britain to be convicted for Libor rigging ordered to pay £880,000
Several assets could be used to pay off the order, including a £1.7m seven-bedroom home.
SFO alleges jailed Libor trader Hayes has £2.5m worth of 'tainted' assets
The assets were frozen in 2013 when he began cooperating with the SFO investigation.
Euribor rigging: Former Deutsche, Barclays and SocGen employees appear in UK court
11 former City employees will be the first to face a UK jury over the rigging of the Euribor rate.
India: Heavy rain in Chennai forces global tech companies to shift workers
IBM, Cognizant, Citigroup, Walmart and JP Morgan Chase have offices in capital of Tamil Nadu.
Former London Citigroup forex trader sacked over 'confidence breach' wins case against bank
Fired in November 2014, forex trader Perry Stimpson had worked at the bank for 25 years.
Tesco parts ways with Deutsche Bank after 17 years; hires Citigroup as corporate broker
Deutsche and Barclays were advising Tesco in 2014 when the accounting scandal where the retailer's profits were overstated was discovered.
JP Morgan cheats: When it comes to investment banking 'if you ain't cheating, you ain't trying'
A culture of cheating graduate investment bankers has been exposed.
Citigroup economist warns of global recession as China faces 'hard landing'
Willem Buiter says there is a 55% chance of global economy sliding into a moderate recession by 2017.
Citigroup's sale of OneMain Financial to be delayed on antitrust concerns
Springleaf Holdings, which is set to acquire unit, says deal would be delayed beyond third quarter.