4 hrs ago
MOVES-Boutique investment bank Moelis appoints Philip Smith as MD
Boutique investment bank Moelis & Co appointed Philip Smith as managing director to provide financial and strategic advice to industrial clients.
8 hrs ago
Buenos Aires Herald
Judge Griesa authorises payment of bonds under Argentine law
New York judge Thomas Griesa has confirmed that the Citigroup bank will on a one-off occasion be permitted to process payment on Argentine bonds held under local law, which form part of the titles restructured following the default of 2001.
12 hrs ago
UPDATE 1-Ex-Citi FX trading head Prasad readies macro hedge fund- sources
Former global head of foreign exchange at Citigroup, Anil Prasad, is preparing to launch his own hedge fund in the first quarter of 2015, three sources familiar with the matter said.
16 hrs ago
Citigroup: Disappointed By Cowardly Management But Maintaining 'Buy'
Precedent was thrown out the window and Citi was fined three to four times what its competitors were on a relative basis.
20 hrs ago
Citigroup unit charged with failing to protect confidential data
The Securities and Exchange Commission has charged a Citigroup business unit operating an alternative trading system with failing to protect the confidential trading data of its subscribers.
Fri Jul 25, 2014
UPDATE 2-Citigroup unit to pay $5 million to settle U.S. SEC charges
A private trading venue owned by Citigroup will pay a $5 million penalty to settle charges that it failed to protect customers' data, marking the latest case in a crackdown by U.S. regulators over alleged market rule violations.
Finextra Research news
Citi penalised for ATS subscriber data fail
The Securities and Exchange Commission today charged a Citigroup business unit operating an alternative trading system with failing to protect the confidential trading data of its subscribers.
Thu Jul 24, 2014
MOVES-Citigroup names James Boyle as global head of equity derivatives
Citigroup Inc has named James Boyle as global head of equity derivatives, according to an internal memo, replacing Simon Yates who left for New York hedge fund Two Sigma Investments LLC in early July.
Wed Jul 23, 2014
MOVES-Citigroup, Deutsche Bank, Saxo Bank, MN Investment
The following financial services industry appointments were announced on Tuesday.
Why Index-Beating Funds Loaded Up On Banks
More than five years into the recovery and all is clearly not forgiven between the major U.S. banks and investors.
Rising demand pushes up prices of base metals
Investors are buying metals from zinc to aluminium at the fastest pace since 2009, betting demand gains will tighten supply, just as Citigroup and Macquarie Group predict this year's rallies will end.
Tue Jul 22, 2014
JPMorgan names former Citi executive Krause to lead China bank
JPMorgan Chase & Co said on Wednesday it named Brett Krause to head its locally incorporated bank in China, adding to other recent hires as it rebuilds its leadership team in the country.
Hudson Valley Press
$182 Million for NY Part of Citigroup Settlement
Attorney General Eric T. Schneiderman joined members of a state and federal working group he co-chairs to announce that $182 million - $92 million in cash, and at least $90 in consumer relief - would be allocated to New York State as part of a $7 billion settlement with Citigroup.
Orrick's Financial Industry Week in Review
On July 17, the New York State Department of Financial Services released a proposed bit-license regulatory framework for virtual currency firms.
Mon Jul 21, 2014
The Washington Post
Investors Buy Metal ETFs at Fastest Pace Since 2009: Commodities
Investors are buying metals from zinc to aluminum at the fastest pace since 2009, betting demand gains will tighten supply, just as Citigroup Inc. and Macquarie Group Ltd. predict this year's rallies will end.
CitiMortgage files $4.5 million suit against Chicago bankers
O'Fallon, Missour-based CitiMortgage is suing Steve and John Calk, two Chicago bankers, because a mortgage bank the brothers operated presided over loans that had "defects," they allege.
Public pension plans reap benefits from Citigroup settlement
State pension funds in California and Illinois are among the recipients of Citigroup Inc.'s $7 billion in fines and consumer relief to resolve government claims that it misled investors about the quality of mortgage-backed bonds sold before the financial crisis.
Sun Jul 20, 2014
Times of Oman
Will earnings data set fate of economy?
New York: A long hoped for improvement in the economy appears to be manifesting itself in second-quarter US earnings, but the next two weeks could be the real test.
Sat Jul 19, 2014
AG Holder: "The U.S. Announces the Indictment of Citigroup's Senior Officers for Fraud"
The third omission from Attorney General Eric Holder's press conference announcing the settlement with Citigroup of civil charges was the words "criminal" and "indictment."
Fri Jul 18, 2014
Globant Announces Pricing of Initial Public Offering
SAN FRANCISCO, July 18, 2014 /PRNewswire/ -- Globant S.A. , a new-breed of technology services provider focused on delivering innovative software, today announced the pricing of its initial public offering of 5,850,000 common shares at a price to the public of $10.00 per share.