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1d
Business Insider
Saudi Arabia is 'backing away from OPEC'take-away from Saudi Vision 2030 is that there’s just no role for OPEC,” Seth K
Saudi Arabia is 'backing away from OPEC'
Business Insider / Posted yesterday
take-away from Saudi Vision 2030 is that there’s just no role for OPEC,” Seth Kleinman, head of European energy research at Citigroup Inc., told Bloomberg in a recent interview. “Or, you can have an OPEC without Saudi Arabia, which just isn’t much... Read more
25 related stories
2d
Investopedia
Goldman Warns Iron May Fall to $40 per Metric TonSachs joins the list of some other investment banks and Chinese steelmakers who
Goldman Warns Iron May Fall to $40 per Metric Ton
Investopedia / Posted 2 days ago
Sachs joins the list of some other investment banks and Chinese steelmakers who are bearish on iron ore prices. Citigroup Inc said earlier in the week, “[Iron Ore] oversupply should extend into the rest of 2016 thanks to planned capacity... Read more
2d
Arkansas Democrat-Gazette
Sears explores brands as buoya real estate investment trust. The company will "aggressively" evaluate all a
Sears explores brands as buoy
Arkansas Democrat-Gazette / Posted 2 days ago
a real estate investment trust. The company will "aggressively" evaluate all alternatives for the businesses and has hired Citigroup Inc. and LionTree Advisors to assist in the efforts, the statement said Thursday. The Kenmore, Craftsman and... Read more
69 related stories
2d
FOX Business
LendingClub Talking With Citigroup About Loan PurchasesLendingClub Corp. is in talks with Citigroup Inc. about the New York bank buyin
LendingClub Talking With Citigroup About Loan Purchases
FOX Business / Posted 2 days ago
LendingClub Corp. is in talks with Citigroup Inc. about the New York bank buying or providing financing for future loans made by the online platform, people familiar with the discussions said. The talks show one way that LendingClub is seeking to... Read more
2 related stories
2d
FOX Business
LendingClub Talking With Citigroup About Loan PurchasesLendingClub Corp. is in talks with Citigroup Inc. about the New York bank buyin
LendingClub Talking With Citigroup About Loan Purchases
FOX Business / Posted 2 days ago
LendingClub Corp. is in talks with Citigroup Inc. about the New York bank buying or providing financing for future loans made by the online platform, people familiar with the discussions said. The talks show one way that LendingClub is seeking to... Read more
2 related stories
2d
TribLIVE
Saudi oil strategy begins to pay off as barrel price risesdeclines showing up in a lot of places, and prices are grinding higher,” said S
Saudi oil strategy begins to pay off as barrel price rises
TribLIVE / Posted 2 days ago
declines showing up in a lot of places, and prices are grinding higher,” said Seth Kleinman, head of energy research at Citigroup Inc. “Which makes the odds of them abandoning the plan even more remote.” Lower prices have taken a toll on... Read more
22 related stories
2d
Market Watch
LendingClub talking with Citigroup about loan purchasesLendingClub Corp. is in talks with Citigroup Inc. about the New York bank buyin
LendingClub talking with Citigroup about loan purchases
Market Watch / Posted 2 days ago
LendingClub Corp. is in talks with Citigroup Inc. about the New York bank buying or providing financing for future loans made by the online platform, people familiar with the discussions said. The talks show one way that LendingClub LC, -1.80% is... Read more
2 related stories
2d
Canberra Times
A tale of two gluts: oil and iron ore cross $US50 on opposite pathssince March 2015, according to data from Shanghai Steelhome Information Technol
A tale of two gluts: oil and iron ore cross $US50 on opposite paths
Canberra Times / Posted 2 days ago
since March 2015, according to data from Shanghai Steelhome Information Technology Co. They're up 7.9 per cent this year. Citigroup Inc. said in a report on Tuesday it remained bearish on iron ore, forecasting persistent oversupply on rising... Read more
3d
The Register NorthJersey.com
Costco gains as warehouse club shines in cloudy retail climatehas crimped overseas revenue. Another challenge: The company is transitioning i
Costco gains as warehouse club shines in cloudy retail climate
The Register NorthJersey.com / Posted 3 days ago
has crimped overseas revenue. Another challenge: The company is transitioning its members' credit cards to Visa through Citigroup Inc. from American Express, a move analysts have said could hurt membership if customers are unhappy with the... Read more
3d
Zero Hedge
"The Freeze Is Finished" - Why Did Saudi Arabia Kill OPEC?take-away from Saudi Vision 2030 is that there’s just no role for OPEC,” Seth K
"The Freeze Is Finished" - Why Did Saudi Arabia Kill OPEC?
Zero Hedge / Posted 3 days ago
take-away from Saudi Vision 2030 is that there’s just no role for OPEC,” Seth Kleinman, head of European energy research at Citigroup Inc., told Bloomberg in a recent interview. “Or, you can have an OPEC without Saudi Arabia, which just isn’t much... Read more
22 related stories
3d
Investopedia
Singapore GDP Accelerates in Q1 on Manufacturingthe first quarter, driven by weakness in insurance and wholesale and retail tra
Singapore GDP Accelerates in Q1 on Manufacturing
Investopedia / Posted 3 days ago
the first quarter, driven by weakness in insurance and wholesale and retail trade services. Wei Zheng Kit, an economist at Citigroup Inc. in Singapore, said in a note to clients, “Despite some tentative improvement in growth momentum in... Read more
3d
Newsmax
UBS: Gold Will Fall to $1,150 if Fed Pulls Rate Triggergauge of the U.S. currency headed for the biggest monthly gain since January 20
UBS: Gold Will Fall to $1,150 if Fed Pulls Rate Trigger
Newsmax / Posted 3 days ago
gauge of the U.S. currency headed for the biggest monthly gain since January 2015. Not everyone sees a retreat in bullion. Citigroup Inc. raised its year-end target by $100 to $1,250 an ounce, according to a report this week. While prices have... Read more
3d
The Youngstown Vindicator
US probes Alibaba’s accounting practicesfor investments in derivatives and U.S. Treasury bonds as well as a range of co
US probes Alibaba’s accounting practices
The Youngstown Vindicator / Posted 3 days ago
for investments in derivatives and U.S. Treasury bonds as well as a range of consumer loans. The Commodity Futures Trading Commission announced two settlements Wednesday with Citibank, part of the big Wall Street bank Citigroup Inc. Associated Pr... Read more
3d
TribLIVE
Citigroup to pay $425M to resolve civil charges over rate manipulationcivil charges over rate manipulation | TribLIVE Citigroup Inc has agreed to
Citigroup to pay $425M to resolve civil charges over rate manipulation
TribLIVE / Posted 3 days ago
civil charges over rate manipulation | TribLIVE Citigroup Inc has agreed to pay $425 million to resolve civil charges that it tried to manipulate foreign exchange and... Read more
24 related stories
3d
The Financial Express
Citigroup to pay $425 mn over attempted forex, rate manipulationCitigroup Inc has agreed to pay 5 million to resolve civil charges that it trie
Citigroup to pay $425 mn over attempted forex, rate manipulation
The Financial Express / Posted 3 days ago
Citigroup Inc has agreed to pay 5 million to resolve civil charges that it tried to manipulate foreign exchange and interest rate benchmarks. (Reuters) Citigroup Inc has agreed to pay $425 million to resolve civil charges that it tried to manipulate... Read more
24 related stories
4d
FOX Business
CORRECT: Citibank Ordered To Pay $425 Million By CFTC For Benchmark AbusesCitibank N.A., a unit of Citigroup Inc. , and its Japanese affiliates has been
CORRECT: Citibank Ordered To Pay $425 Million By CFTC For Benchmark Abuses
FOX Business / Posted 4 days ago
Citibank N.A., a unit of Citigroup Inc. , and its Japanese affiliates has been ordered Wednesday by the U.S. Commodities Futures Trading Commission to pay a $175 million penalty for attempting to manipulate yen London Interbank Offered Rate (LIBOR)... Read more
24 related stories
4d
FOX Business
CORRECT: Citibank Ordered To Pay $425 Million By CFTC For Benchmark AbusesCitibank N.A., a unit of Citigroup Inc. , and its Japanese affiliates has been
CORRECT: Citibank Ordered To Pay $425 Million By CFTC For Benchmark Abuses
FOX Business / Posted 4 days ago
Citibank N.A., a unit of Citigroup Inc. , and its Japanese affiliates has been ordered Wednesday by the U.S. Commodities Futures Trading Commission to pay a $175 million penalty for attempting to manipulate yen London Interbank Offered Rate (LIBOR)... Read more
24 related stories
4d
The Economic Times
Citibank paying $425 million in fines to settle US charges on ratesCommodity Futures Trading Commission announced two settlements Wednesday with C
Citibank paying $425 million in fines to settle US charges on rates
The Economic Times / Posted 4 days ago
Commodity Futures Trading Commission announced two settlements Wednesday with Citibank, part of the big Wall Street bank Citigroup Inc. In some instances, the regulators said, Citibank and its Japanese affiliates tried to manipulate benchmark... Read more
24 related stories
4d
Crain's New York Business
IBM slips, Verizon holds steady. Check out Crain's ranking of New York's largest publicly held companiesyear, a 3.6% increase from the year before. Behind it comes JPMorgan Chase & C
IBM slips, Verizon holds steady. Check out Crain's ranking of New York's largest publicly held companies
Crain's New York Business / Posted 4 days ago
year, a 3.6% increase from the year before. Behind it comes JPMorgan Chase & Co. with revenue of $101 billion, followed by Citigroup Inc. with $88.3 billion in revenue. Despite seeing revenue shrink by 2.9%, Citigroup’s income shot up by 135.9%... Read more
3 related stories
4d
Crain's New York Business
Citibank paying $425 million in fines to settle U.S. charges on ratesCommodity Futures Trading Commission announced two settlements Wednesday with C
Citibank paying $425 million in fines to settle U.S. charges on rates
Crain's New York Business / Posted 4 days ago
Commodity Futures Trading Commission announced two settlements Wednesday with Citibank, part of the big Wall Street bank Citigroup Inc. In some instances, the regulators said, Citibank and its Japanese affiliates tried to manipulate benchmark... Read more
24 related stories
4d
WCAX-TV Vermont
Citibank paying $425M in fines to settle US charges on ratesCommodity Futures Trading Commission announced two settlements Wednesday with C
Citibank paying $425M in fines to settle US charges on rates
WCAX-TV Vermont / Posted 4 days ago
Commodity Futures Trading Commission announced two settlements Wednesday with Citibank, part of the big Wall Street bank Citigroup Inc. In some instances, the regulators said, Citibank and its Japanese affiliates tried to manipulate benchmark... Read more
24 related stories
4d
The Register NorthJersey.com
Citibank paying $425M in fines to settle US charges on ratesCommodity Futures Trading Commission announced two settlements Wednesday with C
Citibank paying $425M in fines to settle US charges on rates
The Register NorthJersey.com / Posted 4 days ago
Commodity Futures Trading Commission announced two settlements Wednesday with Citibank, part of the big Wall Street bank Citigroup Inc. In some instances, the regulators said, Citibank and its Japanese affiliates tried to manipulate benchmark... Read more
24 related stories
4d
Silicon Valley
Citibank paying $425M in fines to settle US charges on ratesCommodity Futures Trading Commission announced two settlements Wednesday with C
Citibank paying $425M in fines to settle US charges on rates
Silicon Valley / Posted 4 days ago
Commodity Futures Trading Commission announced two settlements Wednesday with Citibank, part of the big Wall Street bank Citigroup Inc. In some instances, the regulators said, Citibank and its Japanese affiliates tried to manipulate benchmark... Read more
24 related stories
4d
Market Watch
Citibank subject to pay $735 million in fines by CFTC for trying to manipulate rate marketsCitibank N.A., a unit of Citigroup Inc. C, +2.79% has been ordered Wednesday by
Citibank subject to pay $735 million in fines by CFTC for trying to manipulate rate markets
Market Watch / Posted 4 days ago
Citibank N.A., a unit of Citigroup Inc. C, +2.79% has been ordered Wednesday by the U.S. Commodities Futures Trading Commission to pay a total of $735 million in penalties related to abuses of the London Interbank Offered Rate (LIBOR) and euroyen... Read more
24 related stories
4d
Daily Herald
Citibank paying $425M in fines to settle US charges on ratesCommodity Futures Trading Commission announced two settlements Wednesday with C
Citibank paying $425M in fines to settle US charges on rates
Daily Herald / Posted 4 days ago
Commodity Futures Trading Commission announced two settlements Wednesday with Citibank, part of the big Wall Street bank Citigroup Inc. In some instances, the regulators said, Citibank and its Japanese affiliates tried to manipulate benchmark... Read more
24 related stories
4d
Market Watch
Crude oil rockets to near $50 a barrel as data hints at U.S. supply droplater Wednesday. Ongoing supply disruptions in Canada, Nigeria, and Libya is a
Crude oil rockets to near $50 a barrel as data hints at U.S. supply drop
Market Watch / Posted 4 days ago
later Wednesday. Ongoing supply disruptions in Canada, Nigeria, and Libya is also helping to support the upward momentum. Citigroup Inc. expects Brent crude to reach $50 a barrel in the third quarter. However, some analysts said the supply... Read more
104 related stories
4d
Perth Now
Robots are coming for your jobsto boost profits, but unable to grow revenue much, banks have increasingly turn
Robots are coming for your jobs
Perth Now / Posted 4 days ago
to boost profits, but unable to grow revenue much, banks have increasingly turned to technology to reduce costs. A Citigroup Inc report in March suggested that more pain is on the way for financial industry staff. Citi's analysts predicted... Read more
4d
The Globe and Mail
The close: TSX rises as banks rally before earningson expectations for higher rates, with Treasury yields earlier tracking toward
The close: TSX rises as banks rally before earnings
The Globe and Mail / Posted 4 days ago
on expectations for higher rates, with Treasury yields earlier tracking toward a three-week high. JPMorgan Chase & Co. and Citigroup Inc. added at least 1.7 per cent. Toll Brothers Inc. saw the biggest jump in three years after... Read more
5d
Crain's New York Business
Learn about New York's largest publicly held companies in 2015year, a 3.6% increase from the year before. Behind it comes JPMorgan Chase & C
Learn about New York's largest publicly held companies in 2015
Crain's New York Business / Posted 5 days ago
year, a 3.6% increase from the year before. Behind it comes JPMorgan Chase & Co. with revenue of $101 billion, followed by Citigroup Inc. with $88.3 billion in revenue. Despite seeing revenue shrink by 2.9%, Citigroup’s income shot up by 135.9%... Read more
3 related stories
5d
Business Standard India
Oil rebound has Citi seeing worst over for commoditiescommodities market has turned a corner and prices are unlikely to return to low
Oil rebound has Citi seeing worst over for commodities
Business Standard India / Posted 5 days ago
commodities market has turned a corner and prices are unlikely to return to lows seen in the first quarter, according to Citigroup Inc, which boosted forecasts from metals to grains amid an oil-led recovery. The bottom was likely hit earlier... Read more
5d
Business Standard India
Gold in longest slump since Novemberdeliver remarks on Friday. While prices have dropped this month, it may prove
Gold in longest slump since November
Business Standard India / Posted 5 days ago
deliver remarks on Friday. While prices have dropped this month, it may prove an opportunity to "buy the dip," analysts at Citigroup Inc said in a report. The bank raised its year-end forecast by $100 to $1,250, anticipating just one rate increase... Read more
5d
The Houma Courier
Saudi Arabia's new oil plan shows it's just not that into OPECtake-away from Saudi Vision 2030 is that there's just no role for OPEC," Seth K
Saudi Arabia's new oil plan shows it's just not that into OPEC
The Houma Courier / Posted 5 days ago
take-away from Saudi Vision 2030 is that there's just no role for OPEC," Seth Kleinman, head of European energy research at Citigroup Inc. in London, said by phone on May 16. "Or, you can have an OPEC without Saudi Arabia, which just isn't much of... Read more
4 related stories
5d
The Daily Comet
Saudi Arabia's new oil plan shows it's just not that into OPECtake-away from Saudi Vision 2030 is that there's just no role for OPEC," Seth K
Saudi Arabia's new oil plan shows it's just not that into OPEC
The Daily Comet / Posted 5 days ago
take-away from Saudi Vision 2030 is that there's just no role for OPEC," Seth Kleinman, head of European energy research at Citigroup Inc. in London, said by phone on May 16. "Or, you can have an OPEC without Saudi Arabia, which just isn't much of... Read more
4 related stories
5d
Investopedia
Why the Wealthy Will Always Need Human Advisorsof robo-advisors in recent years this fear has been alive and well among financ
Why the Wealthy Will Always Need Human Advisors
Investopedia / Posted 5 days ago
of robo-advisors in recent years this fear has been alive and well among financial advisors. A recent fintech report by Citigroup Inc., however, concludes that robo-advisors augment traditional advisors and that the wealthy will always prefer a... Read more
5d
Newsmax
Gold in Longest Slump Since November as Fed Signals Higher Ratesrate policy. While prices have dropped this month, it may prove to be an oppor
Gold in Longest Slump Since November as Fed Signals Higher Rates
Newsmax / Posted 5 days ago
rate policy. While prices have dropped this month, it may prove to be an opportune moment to “buy the dip,” analysts at Citigroup Inc. said in a May 24 report. The bank raised its year-end forecast by $100 to $1,250, anticipating just one rate... Read more
5d
Newsmax
Saudi Arabia's New Oil Plan Shows It's Just Not That Into OPECtake-away from Saudi Vision 2030 is that there’s just no role for OPEC,” Seth K
Saudi Arabia's New Oil Plan Shows It's Just Not That Into OPEC
Newsmax / Posted 5 days ago
take-away from Saudi Vision 2030 is that there’s just no role for OPEC,” Seth Kleinman, head of European energy research at Citigroup Inc. in London, said by phone on May 16. “Or, you can have an OPEC without Saudi Arabia, which just isn’t much of... Read more
4 related stories
5d
Crain's New York Business
Learn about New York's largest publicly held companies in 2015year, a 3.6% increase from the year before. Behind it comes JPMorgan Chase & C
Learn about New York's largest publicly held companies in 2015
Crain's New York Business / Posted 5 days ago
year, a 3.6% increase from the year before. Behind it comes JPMorgan Chase & Co. with revenue of $101 billion, followed by Citigroup Inc. with $88.3 billion in revenue. In spite of seeing revenue shrink by 2.9%, Citigroup’s income shot up by 135.9%... Read more
3 related stories
5d
Arkansas Democrat-Gazette
Bayer's Monsanto bid ruffles investorsyear after the deal. Monsanto said Thursday that it was consulting financial a
Bayer's Monsanto bid ruffles investors
Arkansas Democrat-Gazette / Posted 5 days ago
year after the deal. Monsanto said Thursday that it was consulting financial and legal advisers. In a note to clients, Citigroup Inc. analysts Peter Verdult and Andrew Baum said they "would be surprised if Bayer's first proposal was accepted... Read more
228 related stories
5d
TribLIVE
Banks must defend Libor lawsuit after judges warn of impactdefend Libor lawsuit after judges warn of impact Sixteen of the world's larges
Banks must defend Libor lawsuit after judges warn of impact
TribLIVE / Posted 5 days ago
defend Libor lawsuit after judges warn of impact Sixteen of the world's largest banks including JPMorgan Chase & Co. and Citigroup Inc. must face antitrust lawsuits accusing them of hurting investors who bought securities tied to Libor by rigging... Read more
17 related stories
6d
Market Watch
Tapering demand could trigger pickup truck glutits outsize profits. Pickups alone account for 55 to 67% of North American oper
Tapering demand could trigger pickup truck glut
Market Watch / Posted 6 days ago
its outsize profits. Pickups alone account for 55 to 67% of North American operating profit at GM and Ford, according to a Citigroup Inc. report last week. Building more pickups will pay off only if demand keeps growing, or at least stays steady.... Read more
8d
SouthwesternOntario.ca
The harm done by Big Business worldwide is epic: Olivewith the Wall Street malefactors JPMorgan Chase (a $13-billion settlement), Ban
The harm done by Big Business worldwide is epic: Olive
SouthwesternOntario.ca / Posted 8 days ago
with the Wall Street malefactors JPMorgan Chase (a $13-billion settlement), Bank of America Corp. ($16.6 billion), Citigroup Inc. ($7 billion) and Morgan Stanley ($3.2 billion). The sum total of the above fines is $45 billion, a mere “cost... Read more
8d
The Star
The OPR outlook in a world with negative rateswith the implementation of infrastructure projects and capital spending in the
The OPR outlook in a world with negative rates
The Star / Posted 8 days ago
with the implementation of infrastructure projects and capital spending in the manufacturing and services sectors. Citigroup Inc economist Kit Wei Zheng says that there will be no OPR cuts this year although he adds this could change should... Read more
4 related stories
9d
Investopedia
Credit Card Balances Will Reach $1 Trillion This Yearjumped 14% last year. That figure corresponded with a 20% consumer spending inc
Credit Card Balances Will Reach $1 Trillion This Year
Investopedia / Posted 9 days ago
jumped 14% last year. That figure corresponded with a 20% consumer spending increase. Average credit balances also grew at Citigroup Inc., JP Morgan Chase & Co (JPM) and Discover Financial Services. However, this piece of news comes with attached... Read more
2 related stories
9d
Newsmax
Goldman Says a Third of Shareholders Reject Executive-Pay Planvoted to split the two jobs, according to a preliminary tally conducted at its
Goldman Says a Third of Shareholders Reject Executive-Pay Plan
Newsmax / Posted 9 days ago
voted to split the two jobs, according to a preliminary tally conducted at its annual meeting Tuesday. More than a third of Citigroup Inc.’s shareholders voted against the firm’s executive pay plan at its annual meeting last month. Shareholder “say... Read more
9d
asianage
Tesla raises $1.46 billion in stock sale: IFRa year by 2018. The shares were priced at $215 by lead managers Morgan Stanley
Tesla raises $1.46 billion in stock sale: IFR
asianage / Posted 9 days ago
a year by 2018. The shares were priced at $215 by lead managers Morgan Stanley, Goldman Sachs Group Inc, Deutsche Bank AG, Citigroup Inc and Bank of America Merrill Lynch, IFR said. The pricing is lower than its previous sale price of $242 in... Read more
57 related stories
9d
asianage
Tesla raises $1.46 billion in stock sale IFRa year by 2018. The shares were priced at $215 by lead managers Morgan Stanley
Tesla raises $1.46 billion in stock sale IFR
asianage / Posted 9 days ago
a year by 2018. The shares were priced at $215 by lead managers Morgan Stanley, Goldman Sachs Group Inc, Deutsche Bank AG, Citigroup Inc and Bank of America Merrill Lynch, IFR said. The pricing is lower than its previous sale price of $242 in... Read more
57 related stories
9d
Channel NewsAsia
Tesla raises US$1.46 billion in stock sale: IFRby 2018. The shares were priced at US$215 by lead managers Morgan Stanley , Go
Tesla raises US$1.46 billion in stock sale: IFR
Channel NewsAsia / Posted 9 days ago
by 2018. The shares were priced at US$215 by lead managers Morgan Stanley , Goldman Sachs Group Inc , Deutsche Bank AG , Citigroup Inc and Bank of America Merrill Lynch, IFR said. The pricing is lower than its previous sale price of US$242 in... Read more
57 related stories
9d
TribLIVE
Bayer makes unsolicited bid for seed giant Monsantoby Bloomberg. A takeover of Monsanto would require an enterprise value of as mu
Bayer makes unsolicited bid for seed giant Monsanto
TribLIVE / Posted 9 days ago
by Bloomberg. A takeover of Monsanto would require an enterprise value of as much as $73 billion, according to analysts at Citigroup Inc. Bayer stock fell 8 percent to its lowest price in more than 2 1⁄2 years. The shares had dropped 17 percent... Read more
105 related stories
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