Citigroup Inc

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1d
Swissinfo
UBS Says Weak Trading Flow Hits Investment Bank More Than Rivalslackluster client activity that hurt earnings earlier this year had extended in
Swissinfo / Posted yesterday
lackluster client activity that hurt earnings earlier this year had extended into the third quarter. JPMorgan Chase & Co., Citigroup Inc. and Bank of America Corp. highlighted declines in trading revenue ranging from 15 percent to 20 percent in the... Read more
2d
Business Wire
Aristeia Capital Nominates Highly-Qualified Independent Candidates for Election to Sina Corporation’s Board of Directorsto the Company, ensuring that none of these directors are truly independent. Eq
Business Wire / Posted 2 days ago
to the Company, ensuring that none of these directors are truly independent. Equally concerning is the fact that only one incumbent director stands for re-election each year. We believe Sina’s Board has failed shareholders in several ways,... Read more
2d
San Francisco Chronicle
Roku expects IPO to raise $252 milliondigital video recorders, owns a 28 percent stake in Roku and Menlo Ventures has
San Francisco Chronicle / Posted 2 days ago
digital video recorders, owns a 28 percent stake in Roku and Menlo Ventures has a 35 percent stake. Morgan Stanley and Citigroup Inc. are leading the offering. The company, which is offering Class A shares, will be listed on the Nasdaq Global... Read more
17 related articles
2d
Reuters
CitiFinancial pays $907,000 for repossessing U.S. military servicemembers' vehiclesWASHINGTON (Reuters) - CitiFinancial Credit Co, a unit of Citigroup Inc (C.N),
Reuters / Posted 2 days ago
WASHINGTON (Reuters) - CitiFinancial Credit Co, a unit of Citigroup Inc (C.N), has agreed to pay $907,000 to resolve allegations that it illegally repossessed 164 cars owned by U.S. military servicemembers without first obtaining the required court... Read more
2d
Newsmax
Brad McMillan: Stocks Must Drop 40 Percent to Hit 'Fair Value'to credit bulls from the U.S. to emerging markets, with Tajikistan the latest f
Newsmax / Posted 2 days ago
to credit bulls from the U.S. to emerging markets, with Tajikistan the latest frontier issuer to join the junk-bond party. Citigroup Inc. strategists on Monday said investors should boost their exposure to investment-grade corporate debt by selling... Read more
3d
San Francisco Chronicle
Bay Area-based Roku aims to raise $219 million in initial offeringor through advertising deals. Ads and subscription-revenue share make up about
San Francisco Chronicle / Posted 3 days ago
or through advertising deals. Ads and subscription-revenue share make up about 40 percent of sales. Morgan Stanley and Citigroup Inc. are leading the offering. The company, which is offering Class A shares, will be listed on the Nasdaq Global... Read more
3d
Gulf News
Egypt claims it is past inflation peakcent, the lowest level in a year.“I am getting more comfortable, much more comf
Gulf News / Posted 3 days ago
cent, the lowest level in a year.“I am getting more comfortable, much more comfortable,” the governor said.Amer, a former Citigroup Inc. banker and head of Egypt’s largest state-owned lender, was named governor at the end of 2015. He inherited an... Read more
3d
Channel NewsAsia
US trial set to begin for ex-HSBC executive in foreign exchange schemeinvestigation of currency market rigging. Chris Ashton, Rohan Ramchandani and
Channel NewsAsia / Posted 3 days ago
investigation of currency market rigging. Chris Ashton, Rohan Ramchandani and Richard Usher, who worked at Barclays Plc , Citigroup Inc and JPMorgan Chase & Co , respectively, all pleaded not guilty to U.S. charges in July. In January, former... Read more
2 related articles
3d
Reuters
U.S. trial set to begin for ex-HSBC exec in foreign exchange schemeinvestigation of currency market rigging. Chris Ashton, Rohan Ramchandani and
Reuters / Posted 3 days ago
investigation of currency market rigging. Chris Ashton, Rohan Ramchandani and Richard Usher, who worked at Barclays Plc, Citigroup Inc and JPMorgan Chase & Co, respectively, all pleaded not guilty to U.S. charges in July. In January, former... Read more
2 related articles
4d
Newsmax
Morgan Stanley to Handle Mortgage Originations in Home-Loan PushStanley got into consumer lending more aggressively after finalizing its purcha
Newsmax / Posted 4 days ago
Stanley got into consumer lending more aggressively after finalizing its purchase of the Smith Barney brokerage from Citigroup Inc in 2013. The deal came with a slew of deposits that Morgan Stanley had to start lending out to generate... Read more
2 related articles
5d
Channel NewsAsia
Morgan Stanley to handle mortgage originations in home-loan pushStanley got into consumer lending more aggressively after finalizing its purcha
Channel NewsAsia / Posted 5 days ago
Stanley got into consumer lending more aggressively after finalizing its purchase of the Smith Barney brokerage from Citigroup Inc in 2013. The deal came with a slew of deposits that Morgan Stanley had to start lending out to generate... Read more
2 related articles
5d
Reuters
Morgan Stanley to handle mortgage originations in home-loan pushStanley got into consumer lending more aggressively after finalizing its purcha
Reuters / Posted 5 days ago
Stanley got into consumer lending more aggressively after finalizing its purchase of the Smith Barney brokerage from Citigroup Inc in 2013. The deal came with a slew of deposits that Morgan Stanley had to start lending out to generate... Read more
2 related articles
6d
The Economic Times
Tata Group looking for a private affair: What does this mean for Mistry?Ratan Tata.) When Mistry was in charge, he didn't pursue a proposal to make Ta
The Economic Times / Posted 6 days ago
Ratan Tata.) When Mistry was in charge, he didn't pursue a proposal to make Tata Sons shares publicly traded, even though Citigroup Inc. had done a study on it. Going in the opposite direction may enable Ratan Tata to consolidate control, but it's... Read more
6d
Zero Hedge
Markets Ignore North Korea Missile Launch; Send Pound Soaring, Yen Tumblespay pressures and household spending and robust global growth. “The standout u
Zero Hedge / Posted 6 days ago
pay pressures and household spending and robust global growth. “The standout undervalued currency in G-10 is sterling,” Citigroup Inc. Strategists led by Jeremy Hale said in a report. “The possibility of a hike in the near term is now... Read more
4 related articles
7d
EuroNews
Barclays wins end to U.S. litigation over pre-crisis disclosuresrisks. U.S. District Judge Paul Crotty in Manhattan said investors failed to sh
EuroNews / Posted 7 days ago
risks. U.S. District Judge Paul Crotty in Manhattan said investors failed to show that Barclays and underwriters led by Citigroup Inc deceived them when the British bank sold $2.5 billion (1.89 billion pounds) of American depositary shares... Read more
2 related articles
7d
Channel NewsAsia
Barclays wins end to US litigation over pre-crisis disclosuresrisks. U.S. District Judge Paul Crotty in Manhattan said investors failed to s
Channel NewsAsia / Posted 7 days ago
risks. U.S. District Judge Paul Crotty in Manhattan said investors failed to show that Barclays and underwriters led by Citigroup Inc deceived them when the British bank sold US$2.5 billion of American depositary shares in April 2008. Though... Read more
2 related articles
7d
Reuters
Barclays wins end to U.S. litigation over pre-crisis disclosuresrisks. U.S. District Judge Paul Crotty in Manhattan said investors failed to s
Reuters / Posted 7 days ago
risks. U.S. District Judge Paul Crotty in Manhattan said investors failed to show that Barclays and underwriters led by Citigroup Inc (C.N) deceived them when the British bank sold $2.5 billion of American depositary shares in April... Read more
2 related articles
8d
Newsmax
Ex-Citi CEO Pandit: 30 Percent of Bank Jobs at Risk From TechnologyVikram Pandit, who ran Citigroup Inc. during the financial crisis, said develop
Newsmax / Posted 8 days ago
Vikram Pandit, who ran Citigroup Inc. during the financial crisis, said developments in technology could see some 30 percent of banking jobs disappearing in the next five years. Artificial intelligence and robotics reduce the need for staff in roles... Read more
4 related articles
8d
Zero Hedge
World Stocks Pull Back Amid Rising Concerns Of A Market Correctionby central banks in coming months will put pressure on riskier assets including
Zero Hedge / Posted 8 days ago
by central banks in coming months will put pressure on riskier assets including high-yield bonds and equities, according to Citigroup Inc. According to the latest BofA FMS report, the last month saw the largest jump in market participants "taking... Read more
4 related articles
8d
The Economic Times
Economists cut growth outlook for FY18, but rupee watchers bullishfor the end of the year. Their pessimism isn’t shared by currency strategists w
The Economic Times / Posted 8 days ago
for the end of the year. Their pessimism isn’t shared by currency strategists who are raising forecasts for the rupee. Citigroup Inc. and UBS Group AG are among global banks that have lowered their estimates for India’s growth after the latest... Read more
8d
Channel NewsAsia
Wall Street executives have gloomy outlook on third-quarter trading resultsand expanding its footprint with corporate clients. Other banks also expect a
Channel NewsAsia / Posted 8 days ago
and expanding its footprint with corporate clients. Other banks also expect a trading slump during the third quarter. Citigroup Inc may see revenue in stock and bond trading drop as much as 15 percent during the period, CFO John Gerspach said... Read more
8 related articles
8d
Reuters
Wall Street executives have gloomy outlook on third-quarter trading resultsand expanding its footprint with corporate clients. Other banks also expect a
Reuters / Posted 8 days ago
and expanding its footprint with corporate clients. Other banks also expect a trading slump during the third quarter. Citigroup Inc (C.N) may see revenue in stock and bond trading drop as much as 15 percent during the period, CFO John Gerspach... Read more
8 related articles
9d
Newsmax
There's More to Global Rally Than Fading Irma or Korea Fearsto credit bulls from the U.S. to emerging markets, with Tajikistan the latest f
Newsmax / Posted 9 days ago
to credit bulls from the U.S. to emerging markets, with Tajikistan the latest frontier issuer to join the junk-bond party. Citigroup Inc. strategists on Monday said investors should boost their exposure to investment-grade corporate debt by selling... Read more
9d
Reuters
Goldman fixed-income trading to stay challenged in third quarter: Schwartzcommodities results in its history as a public company. Other banks also expec
Reuters / Posted 9 days ago
commodities results in its history as a public company. Other banks also expect a trading slump during the third quarter. Citigroup Inc (C.N) may see revenue in stock and bond trading drop as much as 15 percent in the quarter, the bank’s CFO John... Read more
8 related articles
9d
Channel NewsAsia
Goldman fixed-income trading to stay challenged in third quarter: Schwartzcommodities results in its history as a public company. Other banks also expec
Channel NewsAsia / Posted 9 days ago
commodities results in its history as a public company. Other banks also expect a trading slump during the third quarter. Citigroup Inc may see revenue in stock and bond trading drop as much as 15 percent in the quarter, the bank's CFO John... Read more
8 related articles
10d
Newsmax
Citigroup Sees 3Q Markets Revenue Down 15 PercentCitigroup Inc. third-quarter total markets revenue is running about 15 percent
Newsmax / Posted 10 days ago
Citigroup Inc. third-quarter total markets revenue is running about 15 percent less than a year earlier when volatility was boosted by reactions to the Brexit vote and U.S. elections, Chief Financial Officer John Gerspach said on Monday at an... Read more
2 related articles
10d
Reuters
Citigroup sees third-quarter markets revenue down 15 percent vs year-earlierNEW YORK (Reuters) - Citigroup Inc (C.N) third-quarter total markets revenue is
Reuters / Posted 10 days ago
NEW YORK (Reuters) - Citigroup Inc (C.N) third-quarter total markets revenue is running about 15 percent less than a year earlier when volatility was boosted by reactions to the Brexit vote and U.S. elections, Chief Financial Officer John Gerspach... Read more
2 related articles
10d
Channel NewsAsia
Citigroup sees third-quarter markets revenue down 15 percent vs year-earlierNEW YORK: Citigroup Inc third-quarter total markets revenue is running about 15
Channel NewsAsia / Posted 10 days ago
NEW YORK: Citigroup Inc third-quarter total markets revenue is running about 15 percent less than a year earlier when volatility was boosted by reactions to the Brexit vote and U.S. elections, Chief Financial Officer John Gerspach said on Monday at... Read more
2 related articles
10d
Reuters
Citigroup sees third-quarter markets revenue down 15 percent versus year-earlierNEW YORK (Reuters) - Citigroup Inc (C.N) third-quarter total markets revenue is
Reuters / Posted 10 days ago
NEW YORK (Reuters) - Citigroup Inc (C.N) third-quarter total markets revenue is running about 15 percent less than a year earlier when volatility was boosted by reactions to the Brexit vote and U.S. elections, Chief Financial Officer John Gerspach... Read more
10d
The Economic Times
No respite for RBI as inflation to quicken in slowing Indiatarget, as well as compel the Reserve Bank of India to cut interest rates in th
The Economic Times / Posted 10 days ago
target, as well as compel the Reserve Bank of India to cut interest rates in the final quarter of 2017, according to Citigroup Inc. "Between a negative shock to growth from fiscal tightening and risks of fiscal slippage, we think that the... Read more
11d
Newsmax
Tampa, an Emerging Finance Hub, Sits in Irma's Paththousands of finance industry jobs were created around Tampa, including positio
Newsmax / Posted 11 days ago
thousands of finance industry jobs were created around Tampa, including positions in accounting, legal and human resources. Citigroup Inc. alone operates a 92-acre (37 hectare) campus there and employs around 5,400 workers, close to half its... Read more
12d
Zero Hedge
"Leading Indicator Of Potential Weakness" Looms In Corporate Credit Marketspaying a premium to cover any losses incurred during a selloff. "There are eve
Zero Hedge / Posted 12 days ago
paying a premium to cover any losses incurred during a selloff. "There are events on the horizon that could cause a dislocation," said Anindya Basu, a credit derivatives strategist at Citigroup Inc. "You're seeing that feed through to the ma... Read more
13d
Business Wire
Hot Topics Recap: Back to School 2017Retail Services Finds Majority of Millennial Parents Prefer Shopping In-Store t
Business Wire / Posted 13 days ago
Retail Services Finds Majority of Millennial Parents Prefer Shopping In-Store to Stick to Back-to-School Budget Source: Citigroup Inc. ST. LOUIS--As Kids Head Back to School, Are Parents Ready to Serve as Homework Helpers? Emerson Survey Says... Read more
17d
Manila Standard Today
Asian stocks skid; yen, gold rise as Korean tensions flarehave proven resilient to recent bouts of tension on the Korean peninsula. “Exp
Manila Standard Today / Posted 17 days ago
have proven resilient to recent bouts of tension on the Korean peninsula. “Expect some short-term risk-aversion trades,” Citigroup Inc. economists led by Johanna Chua wrote in a client note. “But such market moves tend to be short-lived, as... Read more
17d
The Star
Bearish signals emerge, markets are holding onfor markets that are attempting to stay afloat from these gnawing tensions, dam
The Star / Posted 17 days ago
for markets that are attempting to stay afloat from these gnawing tensions, damage from Hurricane Harvey and other issues. Citigroup Inc strategists including Jeremy Hale cite “worrying developments” that may signal the approach of a correction in... Read more
18d
Gulf News
Streaming video company Roku files for US initial offeringrevenue of $199.7 million, a 23 per cent increase from the same period in 2016,
Gulf News / Posted 18 days ago
revenue of $199.7 million, a 23 per cent increase from the same period in 2016, according to the filing.Morgan Stanley and Citigroup Inc are leading the offering, which will be listed on the Nasdaq Global Select Market under the symbol ROKU. The... Read more
14 related articles
19d
The Star
Nine years on, another Lehman Brothers bankruptcyclaims and legal disputes. Lehman is currently in the midst of a trial, alread
The Star / Posted 19 days ago
claims and legal disputes. Lehman is currently in the midst of a trial, already 42 days long, seeking $2 billion from Citigroup Inc over disputed derivative claims. Citigroup has denied it owes the money to Lehman. The memory of... Read more
3 related articles
19d
EuroNews
Nine years on, another Lehman Brothers bankruptcyclaims and legal disputes. Lehman is currently in the midst of a trial, already
EuroNews / Posted 19 days ago
claims and legal disputes. Lehman is currently in the midst of a trial, already 42 days long, seeking $2 billion from Citigroup Inc over disputed derivative claims. Citigroup has denied it owes the money to Lehman. The memory of Lehman’s... Read more
3 related articles
19d
Reuters
Nine years on, another Lehman Brothers bankruptcyclaims and legal disputes. Lehman is currently in the midst of a trial, alread
Reuters / Posted 19 days ago
claims and legal disputes. Lehman is currently in the midst of a trial, already 42 days long, seeking $2 billion from Citigroup Inc (C.N) over disputed derivative claims. Citigroup has denied it owes the money to Lehman. The memory of... Read more
3 related articles
19d
Channel NewsAsia
Nine years on, another Lehman Brothers bankruptcyclaims and legal disputes. Lehman is currently in the midst of a trial, alread
Channel NewsAsia / Posted 19 days ago
claims and legal disputes. Lehman is currently in the midst of a trial, already 42 days long, seeking US$2 billion from Citigroup Inc over disputed derivative claims. Citigroup has denied it owes the money to Lehman. The memory of Lehman's... Read more
3 related articles
20d
Zero Hedge
Harvey Causing "Unprecedented" Disruptions To Supplies Of "Essential" Chemicalsthe impact from widespread electricity outages, demand for gas fell by more tha
Zero Hedge / Posted 20 days ago
the impact from widespread electricity outages, demand for gas fell by more than 5 billion cubic feet a day, according to Citigroup Inc. That’s equal to nearly 8 percent of the country’s normal consumption this time of year.” Meanwhile, demand... Read more
2 related articles
20d
San Francisco Chronicle
World's most crucial chemical suddenly in short supply on Harveythe impact from widespread electricity outages, demand for gas fell by more tha
San Francisco Chronicle / Posted 20 days ago
the impact from widespread electricity outages, demand for gas fell by more than 5 billion cubic feet a day, according to Citigroup Inc. That's equal to nearly 8 percent of the country's normal consumption this time of year. Demand for other key... Read more
2 related articles
21d
Business Wire
Hot Topics Recap: Back to School 2017Retail Services Finds Majority of Millennial Parents Prefer Shopping In-Store t
Business Wire / Posted 21 days ago
Retail Services Finds Majority of Millennial Parents Prefer Shopping In-Store to Stick to Back-to-School Budget Source: Citigroup Inc. ST. LOUIS--As Kids Head Back to School, Are Parents Ready to Serve as Homework Helpers? Emerson Survey Says... Read more
21d
The Economic Times
AIIB may pump in $1.5 billion in Indian projectsin the fund will attract additional funding from the private sector," he said.
The Economic Times / Posted 21 days ago
in the fund will attract additional funding from the private sector," he said. The IIF, sponsored by IDFC Limited, Citigroup Inc and India Infrastructure Finance Company Limited (IIFCL) as founder investors, is a SEBI-registered domestic... Read more
21d
Business Standard India
Mumbai residents heed warning to stay homeas of 1:30 pm. Residents, home to the nation’s central bank, stock exchanges an
Business Standard India / Posted 21 days ago
as of 1:30 pm. Residents, home to the nation’s central bank, stock exchanges and the Indian headquarters of Novartis AG and Citigroup Inc, walked home, hitched rides on trucks or spent the night in their offices as the deluge evoked memories of the... Read more
22d
FOX Business
American Express targets debt-leery consumers with new card featureseschewed racking up balances, industry research has shown. At the same time, b
FOX Business / Posted 22 days ago
eschewed racking up balances, industry research has shown. At the same time, big banks such as JPMorgan Chase & Co and Citigroup Inc have been enhancing rewards for spending on their credit cards and have taken market share from American... Read more
4 related articles
22d
FOX Business
American Express targets debt-leery consumers with new card featureseschewed racking up balances, industry research has shown. At the same time, b
FOX Business / Posted 22 days ago
eschewed racking up balances, industry research has shown. At the same time, big banks such as JPMorgan Chase & Co and Citigroup Inc have been enhancing rewards for spending on their credit cards and have taken market share from American... Read more
4 related articles
22d
Channel NewsAsia
American Express targets debt-leery consumers with new card featureseschewed racking up balances, industry research has shown. At the same time, b
Channel NewsAsia / Posted 22 days ago
eschewed racking up balances, industry research has shown. At the same time, big banks such as JPMorgan Chase & Co and Citigroup Inc have been enhancing rewards for spending on their credit cards and have taken market share from American... Read more
4 related articles
22d
Reuters
American Express targets debt-leery consumers with new card featureseschewed racking up balances, industry research has shown. At the same time, b
Reuters / Posted 22 days ago
eschewed racking up balances, industry research has shown. At the same time, big banks such as JPMorgan Chase & Co and Citigroup Inc have been enhancing rewards for spending on their credit cards and have taken market share from American... Read more
4 related articles
22d
Zero Hedge
One Chinese Coal Power Company Employs 4x More Workers Than The Entire US Coal IndustryThe merged entity will account for 13% of both China’s power-generating and coa
Zero Hedge / Posted 22 days ago
The merged entity will account for 13% of both China’s power-generating and coal-mining capacity, according to analysts at Citigroup Inc. including Jack Shang, who pegs the new company’s totals at 221 gigawatts and about 500 million tons a year,... Read more
3 related articles
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