Citigroup

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Citigroup’s ‘Bad Bank’ Isn’t So Bad Anymore

13/08/2015(0)
Citi Holdings, the ‘bad bank’ Citigroup created to dispose of unwanted assets, has become a surprise success story Citi Holdings was born to be bad. But it is getting ... Read More
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Citigroup Hires Ex-Deutsche Bank Prime Services Duo in London

12/08/2015(0)
Citigroup Inc.C -1.91% has hired two former London-based Deutsche Bank AGDBK.XE -1.53% managers for its European client-services businesses, as the U.S. bank aims to attract more hedge funds as clients in stock-trading and other areas, according ... Read More
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Citigroup’s Sale of OneMain to Springleaf Hits Antitrust Obstacle

07/08/2015(0)
Springleaf agreed in March to buy OneMain from Citigroup U.S. antitrust authorities have thrown a wrench into Citigroup Inc.’s plan to divest its subprime lending unit. Five months ago, Citigroup said ... Read More
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Former Libor ‘Ringmaster’ Hayes Gets 14 Years for Libor Rigging

04/08/2015(0)
Former UBS Group AG and Citigroup Inc. trader Tom Hayes, the first person to stand trial for manipulating Libor, was sentenced to 14 years in prison after being found ... Read More
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Citigroup: Here’s Our Five-Step Plan to Solve the Greek Crisis

08/07/2015(0)
For six years the Greek crisis has unfolded in a predictable pattern: Greece needs money. Euro area leaders don’t want to give it to them without imposing tough conditions. Brinkmanship ... Read More
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Codename Citicoin: Banking giant built three internal blockchains to test Bitcoin technology

03/07/2015(0)
Citigroup, the global advisor of multi-nationals and governments, has been using its scale and reach in some surprising ways, such as conducting transactions on mobiles without bank accounts in ... Read More
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Citigroup, HSBC Among Banks Named in Brazil Currency Probe

03/07/2015(0)
Citigroup Inc., Morgan Stanley, HSBC Holdings Plc and 12 other banks are being investigated for currency manipulation by Brazil’s antitrust agency after similar probes in the U.S. and Europe ... Read More
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HSBC Said to Get Turkey Unit Bids as Citi Hired for Sale

02/07/2015(0)
HSBC Holdings Plc shortlisted three bidders for a sale of its unprofitable Turkish unit after hiring advisers from Citigroup Inc. to help drive a sale, according to three people ... Read More
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Citigroup combines retail banking and mortgage operations

26/06/2015(0)
Citigroup Inc (C.N) will combine its retail banking and mortgage operations under Jonathan Larsen, according to an internal memo seen by Reuters, in the second senior promotion for a ... Read More
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Libor Brokers Called Hayes Berating ‘Very Upsetting’ in Messages

17/06/2015(0)
Thomas Hayes, the former UBS Group AG and Citigroup Inc., trader accused of rigging Libor, berated brokers and colleagues when things didn’t go his way, according to messages shown ... Read More
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