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Five global banks to pay €5 billion for rate rigging

Five of the world’s biggest banks have been fined over 5 billion euros. Four of the banks: Citigroup, JP Morgan Chase, Royal Bank of Scotland and

Five of the world’s biggest banks have been fined over 5 billion euros. Four of the banks: Citigroup, JP Morgan Chase, Royal Bank of Scotland and

Business

Five global banks fined €5-bln over rate rigging

Five of the world’s biggest banks will pay nearly five billion euros to US and British authorities for manipulating foreign exchange rates. Four of

Five of the world’s biggest banks will pay nearly five billion euros to US and British authorities for manipulating foreign exchange rates. Four of

Business

Citigroup settles for $7bn after US probe into toxic home loans

Citgroup Inc has agreed to pay $7bn to resolve a US government investigation into inadequate mortgage-backed securities the bank sold in the run-up

Citgroup Inc has agreed to pay $7bn to resolve a US government investigation into inadequate mortgage-backed securities the bank sold in the run-up

Business

More cuts at Citigroup

Citigroup, the third largest US bank, has said it is going to eliminate 11,000 jobs worldwide; that is about four percent of its total staff. The

Citigroup, the third largest US bank, has said it is going to eliminate 11,000 jobs worldwide; that is about four percent of its total staff. The

Business

Regulators to fortify bank's capital reserves

Four of the world’s largest banks – Citigroup, Deutsche Bank, HSBC and JPMorgan Chase – have been told by regulators that they should boost their

Four of the world’s largest banks – Citigroup, Deutsche Bank, HSBC and JPMorgan Chase – have been told by regulators that they should boost their

Business

Citigroup CEO Vikram Pandit shock resignation

In a move that took analysts and investors by surprise, Citigroup’s top boss Vikram Pandit has resigned, effective immediately. Pandit has been

In a move that took analysts and investors by surprise, Citigroup’s top boss Vikram Pandit has resigned, effective immediately. Pandit has been

Business

Citibank sees earnings drop

New York based global bank Citigroup has announced a 4.7 billion dollar loss in earnings after it agreed to sell off its joint brokerage business

New York based global bank Citigroup has announced a 4.7 billion dollar loss in earnings after it agreed to sell off its joint brokerage business

Business

Citigroup fails US bank stress tests

The latest annual round of bank stress tests in America has thrown up a surprise casualty, with Citigroup, the country’s third largest, failing along

The latest annual round of bank stress tests in America has thrown up a surprise casualty, with Citigroup, the country’s third largest, failing along