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Citigroup

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Citi-linked China broker’s IPO 90 times oversubscribed in $150 bln investor rush

13/03/2015(0)
Orient Securities Co‘s $1.6 billion initial public offering, the largest mainland China listing since 2011, was oversubscribed by a factor of over 90 as investors scrambled for a sale boosted by ... Read More
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Citi Announces 2015 Planned Capital Actions

12/03/2015(0)
The Federal Reserve Board today advised Citi that it has no objection to the planned capital actions requested by Citi as part of the 2015 Comprehensive Capital Analysis and ... Read More
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Big Banks Struggle to Pass Fed’s ‘Stress Tests’

12/03/2015(0)
Bank of America must resubmit proposal to address certain weaknesses Four of the biggest names on Wall Street struggled to pass the Federal Reserve’s 2015 “stress tests,” and the ... Read More
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U.S. banks’ buybacks, dividends may be no reason for shareholder celebrations

11/03/2015(0)
Big U.S. banks, including JPMorgan Chase & Co (JPM.N) and Citigroup Inc(C.N), are expected to win Federal Reserve backing on Wednesday to buy back more shares and increase their dividends in the coming year, but ... Read More
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Citi and MasterCard Sign New Global Agreement That Expands Relationship

04/03/2015(0)
Citi to Align Majority of Consumer Proprietary Credit and Debit Portfolios to MasterCard Citigroup (NYSE: C) and MasterCard (NYSE: MA) announced today that the companies have signed a new ... Read More
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Citigroup unit probed by more authorities over money laundering

26/02/2015(0)
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 ... Read More
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Citi Announces $100 Billion, 10-Year Commitment to Finance Sustainable Growth

18/02/2015(0)
Citi announced today a landmark commitment to lend, invest and facilitate a total of $100 billion within the next 10 years to finance activities that reduce the impacts of ... Read More
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Citi Board Elects Peter Blair Henry to Board of Directors

17/02/2015(0)
Citi‘s Board of Directors today announced that it has elected Peter Blair Henry as a new independent director, with his service commencing July 1, 2015. Dr. Henry is the ... Read More
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Citigroup sets aside $600 million more to cover legal costs

31/10/2014(0)
Citigroup Inc (C.N) said it was setting aside an extra $600 million to cover legal expenses in the third quarter due to “rapidly evolving regulatory inquiries,” while also disclosing ... Read More
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Citigroup’s $600M about-face

31/10/2014(0)
Citigroup restated its previously released third-quarter profit report by $600 million Citigroup stunned investors late Thursday when it cut its third-quarter earnings by $600 million, blaming an increase in ... Read More
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