Citigroup

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Citi architect criticises its retreat

22/10/2014(0)
John Reed, one of the architects of the modern-day Citigroup, has criticised his successors’ decision to shut down its consumer operations in 11 international markets, painting the move as ... Read More
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BOC to sell high-yield bond fund in Europe

24/09/2014(0)
One of China’s state-owned banks has struck a deal with Citigroup to market its first fund to pension funds and retail investors in Europe. Bank of China Hong Kong ... Read More
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Citigroup Tells Appeals Court of Its Argentina Quandary

19/09/2014(0)
Citigroup has found itself in an awkward position: It must decide between defying a New York court order or a sovereign government, a move that it says would result ... Read More
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Judge Rakoff Says 2011 S.E.C. Deal With Citigroup Can Close

06/08/2014(0)
The settlement that just wouldn’t settle — Citigroup’s 2011 deal with the Securities and Exchange Commission — has finally cleared its last hurdle. Judge Jed S. Rakoff of Federal ... Read More
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High & Low Finance: Citigroup’s Settlement, Pro and Con

18/07/2014(0)
The punishment did not fit the crime, or at least it did not fit the crime that was charged. Citigroup’s $7 billion settlement of charges that it sold bad ... Read More
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Bank Earnings Give Stocks a Boost

15/07/2014(0)
A better-than-expected earnings report from Citigroup C +3.02% helped kick-start a rally in stocks, lifting market indexes nearly back to levels seen before last week’s swoon. Many investors remain ... Read More
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Citigroup may pay $7 billion to resolve U.S. mortgage probes

09/07/2014(0)
Citigroup Inc is close to paying about $7 billion to resolve a U.S. probe into whether it defrauded investors on billions of dollars worth of mortgage securities in the ... Read More
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GoPro plans to list on the Nasdaq stock exchange

20/05/2014(0)
Wearable camera-maker GoPro has filed documents for a public share sale in the US. Money raised from the initial public offering (IPO) will go towards repaying debt and future ... Read More
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SFC resolves concerns over Citigroup’s algorithmic trading system

14/05/2014(0)
The Securities and Futures Commission (SFC) has reprimanded Citigroup Global Markets Asia Limited (Citigroup) for its failure to ensure that certain securities orders executed through its algorithmic trading system ... Read More
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Bank of America Lost $2.7 Billion in a Maze of Accounting

29/04/2014(0)
Last month, Citigroup failed the Fed’s stress test because, even though it would meet minimum capital requirements in a severely adverse scenario, the Fed wasn’t comfortable with Citi’s capital ... Read More
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