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By Rita Nazareth and Namitha Jagadeesh, Bloomberg |
December 5, 2012
U.S. stocks were little changed, after a two-day decline in the Standard & Poor’s 500 Index, as China eased restrictions on investing in banks and investors watched developments on budget negotiations in Washington.
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By Laura Marcinek, Bloomberg |
October 26, 2012
Citigroup Inc. was fined $2 million after a junior analyst improperly disclosed confidential information before Facebook Inc.’s initial public offering, Massachusetts’ top financial watchdog said.
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By Donal Griffin, Bloomberg |
October 16, 2012
Citigroup Inc. Chief Executive Officer Vikram Pandit, who led the bank through its government rescue, stepped down and will be replaced by Michael Corbat. The bank slid in early trading.
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By Donal Griffin, Bloomberg |
October 15, 2012
Citigroup Inc. advanced the most among the largest U.S. banks, reaching a six-month high after reporting a surprise third-quarter profit and a surge in bond-trading revenue that beat analysts’ estimates.
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By Elisa Martinuzzi, Bloomberg |
October 15, 2012
Global debt and equity underwriting will probably remain unchanged next year as sluggish economic growth and an uncertain outlook restrain demand for securities, said Tyler Dickson, who oversees the business at Citigroup Inc.
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By Silla Brush |
September 22, 2012
Citigroup Inc. will pay $525,000 to resolve U.S. regulatory claims that the Wall Street bank’s traders exceeded limits on speculation in wheat futures.
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By Christine Harper and Hugh Son, Bloomberg |
September 4, 2012
Shareholders of Wall Street banks who agree with former Citigroup Inc. Chief Executive Officer Sanford “Sandy” Weill that the companies should be broken up face an obstacle: Bondholders.
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By Nina Mehta, Bloomberg |
August 23, 2012
Citigroup Inc., whose market-making unit suffered millions of dollars of losses trading Facebook Inc. in its public debut, urged U.S. regulators to reject Nasdaq OMX Group Inc.’s proposal to make up for its errors.
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By John Detrixhe, Bloomberg |
July 19, 2012
Barclays Plc’s admission that it rigged the London interbank offered rate shows regulators, central bankers and politicians weren’t paying attention when everyone from Citigroup Inc. to the Bank for International Settlements indicated that the measure was being manipulated.
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By Donal Griffin, Bloomberg |
July 16, 2012
Citigroup Inc., the third-biggest U.S. bank, reported second-quarter profit that beat analysts’ estimates on revenue from advising on mergers and underwriting stocks and bonds.
