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Citigroup

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Citigroup sells 16 pct stake in airline Aeromexico

18/05/2015(0)
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 ... Read More
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U.S. SEC a stumbling block in banks’ forex guilty pleas – sources

15/05/2015(0)
Banks want assurances from U.S. regulators that they will not be barred from certain businesses before agreeing to plead guilty to criminal charges over the manipulation of foreign exchange ... Read More
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Citigroup Closes Exclusive Credit Program Following Swiss Franc Losses

14/05/2015(0)
‘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 ... Read More
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U.S. Set to Rip Up UBS Libor Accord, Seek Conviction

13/05/2015(0)
The U.S. Justice Department is set to rip up its agreement not to prosecute UBS Group AG for rigging benchmark interest rates, according to a person familiar with the ... Read More
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Banks Expected to Settle FX Probes for Billions

07/05/2015(0)
Citigroup Inc., Barclays PLC, J.P. Morgan Chase & Co. and Royal Bank of Scotland Group are expected to plead guilty to rigging foreign-currency exchange rates and pay billions in ... Read More
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Oil Sector May Not Cause Financial Apocalypse After All

07/05/2015(0)
Across the oil patch, banks are starting to close off their exposure to some of the riskiest oil drillers. A new monthly survey from the Federal Reserve finds that banks that ... Read More
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Banks Are Poised to Profit From Forex Tumult

02/04/2015(0)
Swiss central bank’s surprise January move led to volatility that can help Wall Street The big currency swings of the past three months have whipsawed many investors. Wall Street ... Read More
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Citigroup Report Chides Law Firms for Silence on Hackings

31/03/2015(0)
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 ... Read More
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Citigroup Says Court Order Will Let It Pay Argentine Bond Interest

23/03/2015(0)
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 ... Read More
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Citigroup, Barclays Close to Settling Forex Lawsuit With Private Investors

18/03/2015(0)
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 ... Read More
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