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Alibaba Group Could Price US IPO at 22% Discount
China's e-commerce giant defers NYSE listing until after September Labour Day holiday.
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.
Citigroup Nearing $7bn Settlement With US Authorities Over Mortgage Probe
US Justice Department had demanded $10bn from Citigroup.
Deutsche Bank Under Asia Hiring Probe
In the past, US authorities have targeted Morgan Stanley and JPMorgan in recruitment probes.
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.
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.
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.
Citigroup Reaches $1.23bn Settlement with Investors Over Mortgage-Backed Securities
Settlement resolves investors' claims to buyback residential mortgage-backed securities.
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.
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.
FX Fixing Scandal: Swiss Regulator Weko Opens Fresh Probe
RBS, Barclays, UBS, JPMorgan, Citigroup, Credit Suisse, Julius Baer and Zurich Cantonal Bank being probed.
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%.
Barclays Advises Caution in Rupee Dealings Ahead of India Election
Barclays advises investors to take profits before election results.
SEC Probes Wall Street's Rise in Complex Loan Securities
Sales of collateralised loan obligations hit $20.5bn this year.
London Dealmakers Threatened by Western Sanctions on Russia
Sanctions to hit Russian M&A activity typically brokered by advisors in London.
US Hedge Fund Hayman Capital Bets on Argentine Bonds Despite Default Risk
Hayman Capital Management believes investors can still profit by lending to Argentina.
Citigroup to Trim South Korean Footprint to Focus on Wealthier Clients
Citigroup to disclose costs tied to urban-centric strategy later this year.
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.
Citigroup Shares Lose Over 4% on Disappointing Earnings
US investment banking giant Citigroup sees lower revenues and income in fourth quarter.
Deutsche Bank, Citigroup Feel Heat of FX Investigation
Miami Sues Major US Banks for 'Predatory' Mortgage Lending in City
Miami filed suit against Bank of America, Citigroup and Wells Fargo last week.
US Preparing Civil Charges Against Citigroup and Merrill Lynch Over Mortgage Securities
Investigations into mortgage securities sold by RBS and Credit Suisse making progress.
Bank of America's Pays $131m Settlement for Merrill Lynch Mortgage Probe
SEC said ML misled investors about mortgage securities it structured and sold
Britain's Serious Fraud Office To Review Victor Dahdaleh Trial Collapse
SFO hopes to learn "any lessons that can be applied to future cases".
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.
House of Lords to Grill EU Finance Chief on Shadow Banking
EU Sub-Committee on Economic and Financial Affairs to investigate shadow banking.
Barclays Ex-CEO Bob Diamond Eyes Banking Return [VIDEO]
Media sources say Diamond will list a shell company, investing in South Africa, on LSE.
Barclays Spinout Glendon Capital Management Plans $1bn Debut Fund
Glendon has some $2.8bn in assets under management.
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.
Rate Fixing Scandal: EU to Impose Record Fines on RBS, Barclays and Others
Fines for Libor fixing, Euribor rigging and Tibor manipulation will be announced by EU.