Home
> Citigroup
Citigroup
Rio Tinto Shares Jump on News It Turned Down Glencore Merger Proposal
Rio's London shares rise 6% while Australian shares end 4.31% higher.
Citigroup Seeks to Halt US Order on Argentina Debt Fearing Penalties and Sanctions
Citigroup says it had "a gun to its head" which would "probably go off" if US court did not allow payment of blocked funds.
Alibaba IPO: Underwriters Expect Shares to 'Pop' 10% to 15% on NYSE Debut
35 to 40 institutions, including BlackRock, have placed orders for $1bn or more shares each.
US Treasury Keeping Tabs on Swap Loopholes at Banks
Banks moving trading operations overseas to doge swap rules under Treasury scanner.
Citigroup Fined $1.85m for Failing to Offer Best Prices to Customers
The bank will be forced to pay more than $2m in total.
Federal Reserve Mounts Pressure on Banks to Govern Data
Banks are hiring people with experience in data governance and analytics.
Citigroup Plans Japan Retail Banking Exit amid Low Interest Rates
Bank will retain its commercial and investment banking businesses in Japan.
Carlyle Hires Citigroup and Goldman for Axalta IPO
Axalta Coating Systems floatation could raise about $1bn.
Alibaba Group Could Price US IPO at 22% Discount
China's e-commerce giant defers NYSE listing until after September Labour Day holiday.
Qatar Holding Trims Stake in London Stock Exchange Group
Sovereign wealth fund has asked Bank of America Merrill Lynch and Citigroup to sell some 5% in LSEG.
Citigroup Nearing $7bn Settlement With US Authorities Over Mortgage Probe
US Justice Department had demanded $10bn from Citigroup.
Global M&A at Seven-Year High
Goldman Sachs top M&A adviser with $623bn worth of deals so far this year.
Deutsche Bank Under Asia Hiring Probe
In the past, US authorities have targeted Morgan Stanley and JPMorgan in recruitment probes.
US Judge Allows LA to Pursue Predatory Lending Case against Wells Fargo
Wells Fargo allegedly gave loans to minority residents and minority communities in LA.
Wall Street IPO Underwriting Frenzy Spawned by 80's Goldman Sachs Move
Equity underwriting, among Wall Street's most profitable activities, commands 40% pretax profit margin.
US Housing Regulator Warns of Big Banks' Use of Government-Sponsored Loans
FHFA says hefty withdrawals from federal housing finance programme can endanger system if big borrower defaults.
Citigroup Reaches $1.23bn Settlement with Investors Over Mortgage-Backed Securities
Settlement resolves investors' claims to buyback residential mortgage-backed securities.
Blackstone to Acquire US Conglomerate Gates for $5.4bn
Private equity firm Onex and Canada Pension Plan Investment Board to exit their investment in Gates.
Morgan Stanley CFO Ruth Porat: Low Number of Women Running US Firms an 'Embarrassment'
Porat's comments follow Blythe Masters' decision to end 27-year career at JPMorgan.
FX Fixing Scandal: Swiss Regulator Weko Opens Fresh Probe
RBS, Barclays, UBS, JPMorgan, Citigroup, Credit Suisse, Julius Baer and Zurich Cantonal Bank being probed.
Fed Scraps Citi's Share Repurchase and Dividend Plans After Stress Test
Citi was planning to buy back $6.4bn of shares by the beginning of 2015 and increase dividends by 5%.
Barclays Advises Caution in Rupee Dealings Ahead of India Election
Barclays advises investors to take profits before election results.
SEC Probes Wall Street's Rise in Complex Loan Securities
Sales of collateralised loan obligations hit $20.5bn this year.
London Dealmakers Threatened by Western Sanctions on Russia
Sanctions to hit Russian M&A activity typically brokered by advisors in London.
US Hedge Fund Hayman Capital Bets on Argentine Bonds Despite Default Risk
Hayman Capital Management believes investors can still profit by lending to Argentina.
Citigroup to Trim South Korean Footprint to Focus on Wealthier Clients
Citigroup to disclose costs tied to urban-centric strategy later this year.
Singapore's DBS in Advanced Talks to Buy SocGen's Asia Private Banking Arm
Deal would make DBS Asia's sixth or seventh largest private bank.
Citigroup Shares Lose Over 4% on Disappointing Earnings
US investment banking giant Citigroup sees lower revenues and income in fourth quarter.
Deutsche Bank, Citigroup Feel Heat of FX Investigation
Miami Sues Major US Banks for 'Predatory' Mortgage Lending in City
Miami filed suit against Bank of America, Citigroup and Wells Fargo last week.