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Carlyle Hires Citigroup and Goldman for Axalta IPO
Axalta Coating Systems floatation could raise about $1bn.
M Rochan Aug 14, 2014
Alibaba Group Could Price US IPO at 22% Discount
China's e-commerce giant defers NYSE listing until after September Labour Day holiday.
M Rochan Jul 18, 2014
Qatar Holding Trims Stake in London Stock Exchange Group
Sovereign wealth fund has asked Bank of America Merrill Lynch and Citigroup to sell some 5% in LSEG.
M Rochan Jul 10, 2014
Citigroup Nearing $7bn Settlement With US Authorities Over Mortgage Probe
US Justice Department had demanded $10bn from Citigroup.
Jerin Mathew Jul 09, 2014
Deutsche Bank Under Asia Hiring Probe
In the past, US authorities have targeted Morgan Stanley and JPMorgan in recruitment probes.
M Rochan Jun 06, 2014
US Judge Allows LA to Pursue Predatory Lending Case against Wells Fargo
Wells Fargo allegedly gave loans to minority residents and minority communities in LA.
M Rochan May 29, 2014
Wall Street IPO Underwriting Frenzy Spawned by 80's Goldman Sachs Move
Equity underwriting, among Wall Street's most profitable activities, commands 40% pretax profit margin.
M Rochan May 09, 2014
US Housing Regulator Warns of Big Banks' Use of Government-Sponsored Loans
FHFA says hefty withdrawals from federal housing finance programme can endanger system if big borrower defaults.
M Rochan Apr 16, 2014
Citigroup Reaches $1.23bn Settlement with Investors Over Mortgage-Backed Securities
Settlement resolves investors' claims to buyback residential mortgage-backed securities.
Jerin Mathew Apr 08, 2014
Blackstone to Acquire US Conglomerate Gates for $5.4bn
Private equity firm Onex and Canada Pension Plan Investment Board to exit their investment in Gates.
M Rochan Apr 05, 2014
Morgan Stanley CFO Ruth Porat: Low Number of Women Running US Firms an 'Embarrassment'
Porat's comments follow Blythe Masters' decision to end 27-year career at JPMorgan.
M Rochan Apr 03, 2014
FX Fixing Scandal: Swiss Regulator Weko Opens Fresh Probe
RBS, Barclays, UBS, JPMorgan, Citigroup, Credit Suisse, Julius Baer and Zurich Cantonal Bank being probed.
Shane Croucher Mar 31, 2014
Fed Scraps Citi's Share Repurchase and Dividend Plans After Stress Test
Citi was planning to buy back $6.4bn of shares by the beginning of 2015 and increase dividends by 5%.
Jerin Mathew Mar 27, 2014
Barclays Advises Caution in Rupee Dealings Ahead of India Election
Barclays advises investors to take profits before election results.
M Rochan Mar 26, 2014
SEC Probes Wall Street's Rise in Complex Loan Securities
Sales of collateralised loan obligations hit $20.5bn this year.
M Rochan Mar 25, 2014
London Dealmakers Threatened by Western Sanctions on Russia
Sanctions to hit Russian M&A activity typically brokered by advisors in London.
M Rochan Mar 18, 2014
US Hedge Fund Hayman Capital Bets on Argentine Bonds Despite Default Risk
Hayman Capital Management believes investors can still profit by lending to Argentina.
M Rochan Feb 04, 2014
Citigroup to Trim South Korean Footprint to Focus on Wealthier Clients
Citigroup to disclose costs tied to urban-centric strategy later this year.
M Rochan Jan 24, 2014
Singapore's DBS in Advanced Talks to Buy SocGen's Asia Private Banking Arm
Deal would make DBS Asia's sixth or seventh largest private bank.
M Rochan Jan 22, 2014
Citigroup Shares Lose Over 4% on Disappointing Earnings
US investment banking giant Citigroup sees lower revenues and income in fourth quarter.
Shane Croucher Jan 16, 2014
Deutsche Bank, Citigroup Feel Heat of FX Investigation
Adam Justice Jan 16, 2014
Miami Sues Major US Banks for 'Predatory' Mortgage Lending in City
Miami filed suit against Bank of America, Citigroup and Wells Fargo last week.
Jerin Mathew Dec 20, 2013
US Preparing Civil Charges Against Citigroup and Merrill Lynch Over Mortgage Securities
Investigations into mortgage securities sold by RBS and Credit Suisse making progress.
M Rochan Dec 18, 2013
Bank of America's Pays $131m Settlement for Merrill Lynch Mortgage Probe
SEC said ML misled investors about mortgage securities it structured and sold
Lianna Brinded Dec 13, 2013
Britain's Serious Fraud Office To Review Victor Dahdaleh Trial Collapse
SFO hopes to learn "any lessons that can be applied to future cases".
M Rochan Dec 12, 2013
Ex-Deutsche Bank Trader Gets Seven Years in Hong Kong Jail for Taking Bribes
Hong Kong judge sentences former Deutsche Bank manager to seven years for insider trading bribes.
Michael Klimes Dec 09, 2013
House of Lords to Grill EU Finance Chief on Shadow Banking
EU Sub-Committee on Economic and Financial Affairs to investigate shadow banking.
Michael Klimes Dec 09, 2013
Barclays Ex-CEO Bob Diamond Eyes Banking Return [VIDEO]
Media sources say Diamond will list a shell company, investing in South Africa, on LSE.
Lianna Brinded Dec 09, 2013
Barclays Spinout Glendon Capital Management Plans $1bn Debut Fund
Glendon has some $2.8bn in assets under management.
M Rochan Dec 05, 2013
Libor and Euribor Fix Scandals: EC Fines Eight Banks €1.71bn for Cartels [VIDEO]
Barclays, Deutsche Bank, Société Générale, RBS, UBS, JPMorgan, Citigroup and RP Martin part of rate-fixing cartels.
Shane Croucher Dec 04, 2013
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