Yesterday | The Globe and Mail
Citigroup will move its traders, many of whom are based in London or New York, on to an internal platform by the end of the month.. Citigroup will move its traders, many of whom are based in London or New York, on to an internal platform by the end of the month.. Citigroup is banning traders in its foreign exchange division from accessing internal ... (more)
Thursday | The Globe and Mail
Vikram Pandit, who resigned from Citi last October, will also become non-executive chairman of JM Financial's banking arm if it succeeds in getting a banking licence, the company said.
Thursday | Business News
Moore Capital Management and Appaloosa Management are among hedge fund firms that counted Citigroup Inc.
Sallie Krawcheck, the former senior executive at Bank of America Corp. and Citigroup Inc., agreed to buy 85 Broads, the global network with 30,000 members that promotes women as business leaders.
Citigroup Inc. can be granted a $1.2 billion claim against Lehman Brothers Holdings Inc.'s defunct brokerage and will pay an affiliate of the Lehman parent $167 million to settle a dispute over amounts owed on foreign-exchange transactions, a judge ruled.
Midway through trading Tuesday, the Dow was up 0.56 percent to 15,175.60, while the NASDAQ rose 0.64 percent to 3,460.81. The S&P was also up, rising 0.82 percent to 1,647.13. Top Headline Stocks continued their rally on Tuesday, with the Dow and S&P 500 hitting new intraday highs as investors expected the upward trend to continue.
Of the 20 equities seeing the heaviest options volume in recent sessions, three names of notable interest this afternoon are American International Group Inc , Citigroup Inc , and United States Steel Corporation .
ItaAo Unibanco Holding SA will take over Citigroup Inc's Brazilian consumer finance units for 2.77 billion reais , as the nation's biggest bank by market value expands more rapidly in the local credit card market.
Brazilian bank Itau Unibanco Holding SA has agreed to buy the Brazilian consumer finance unit of Citigroup Inc.
Citi said that Simplicity was esigned to provide a simplified credit experience and alleviate the frustration of late fees for consumers.
U.S. stocks rose, with the Standard & Poor's 500 Index headed for its eighth record in the past nine sessions, on bullish comments from hedge-fund manager David Tepper and rising confidence among U.S. small businesses.
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JPMorgan Chase & Co. 's CEO Jamie Dimon has been mostly quiet on the subject of the upcoming proxy vote at next week's annual meeting, where shareholders will decide whether the big bank's chief will retain his dual roles of board of directors chair and CEO.
MONTERREY, May 13 Fitch Ratings has upgraded the foreign and local currency Issuer Default Ratings of Banco Nacional de Mexico to 'A' from 'A-'. A full list of rating actions follows at the end of this release.
FOR a few tense weeks in 2008, as investment-bank executives huddled behind the imposing doors of the New York Federal Reserve, Wall Street seemed to be collapsing around them.