Search Results for: Citigroup
Citigroup Hires Deutsche Bank’s Hayashi for Japan Markets
June 3rd, 2015
Citigroup Inc., the third-largest U.S. bank by assets, hired Kuniyoshi Hayashi from Deutsche Bank AG to head its Japanese markets and securities division. Hayashi will join Citigroup Global Markets Japan Inc. on Aug. 11 as a managing director and ...
Citigroup selling retail online FX trading platform to FXCM, Saxo Bank
May 25th, 2015
Citigroup said on Friday it is selling its margin foreign exchange business, including the CitiFX Pro and TradeStream platforms to U.S.-based FXCM and Danish investment bank SAXO Bank. “We believe this transaction is in the best interest of Citi’s ...
Citigroup sells 16 pct stake in airline Aeromexico
May 18th, 2015
May 17 Mexico’s biggest airline Grupo Aeromexico said on Sunday that Citigroup had sold its stake of about 16 percent in the company. The stock would be bought by several parties, including former Aeromexico chairman Eduardo Tricio, but none ...
Citigroup Closes Exclusive Credit Program Following Swiss Franc Losses
May 14th, 2015
‘Alternative Credit Program’ clients were fast-tracked through less intensive version of bank’s normal credit checks Citigroup Inc. has closed down a little-known program that allowed a small group of coveted clients to make high-stakes bets on currency markets without going through ...
Citigroup Report Chides Law Firms for Silence on Hackings
March 31st, 2015
Every month it seems another American company reports being a victim of a hacking that results in the theft of internal or customer information. But the legal profession almost never publicly discloses a breach. The unwillingness of most big ...
Citigroup Says Court Order Will Let It Pay Argentine Bond Interest
March 23rd, 2015
There is a new twist in the fight between Argentina and a group of hedge funds that has been playing out in New York courts. A United States federal court has allowed Citigroup to make interest payments to investors holding $2.3 billion of ...
Citigroup, Barclays Close to Settling Forex Lawsuit With Private Investors
March 18th, 2015
Citigroup Inc. and Barclays PLC are expected to pay as much as $800 million combined to settle a lawsuit with investors who say the banks manipulated foreign-exchange rates, according to people close to the situation. The expected settlements would ...
Citigroup announced an agreement
March 3rd, 2015
Citigroup today announced that: It has reached a definitive agreement to sell OneMain Financial Holdings, Inc. to Springleaf Holdings (NYSE: LEAF) for a purchase price of $4.25 billion. The deal is expected to close in the third quarter of ...
Citigroup unit probed by more authorities over money laundering
February 26th, 2015
Citigroup Inc (C.N) said additional government authorities have started probes of possible breaches of anti-money laundering laws at its Banamex USA unit. (Read more: International and regional bodies that combat money laundering ) The Financial Crimes Enforcement Network, a unit of ...
U.S. judge says Citigroup can process Argentina’s next bond payment
November 11th, 2014
A U.S. judge ruled on Monday that Citigroup Inc could process an $85 million interest payment by Argentina on bonds issued under its local laws following its 2002 default. U.S. District Judge Thomas Griesa in New York said Citigroup could process the Dec. 31 payment ...
