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CitiMortgage News

News on CitiMortgage (Ticker: C) continually updated from thousands of sources around the net.

2 hrs ago | Business News

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.

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Related Topix: Securities and Exchange Commission, Corporate / Securities Law, Law, Banking, Financial Services, Citigroup

Fri Jul 25, 2014

Reuters

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.

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Related Topix: Securities and Exchange Commission, Corporate / Securities Law, Law, Banking, Financial Services, Citigroup

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.

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Related Topix: Securities and Exchange Commission, Corporate / Securities Law, Law, Banking, Financial Services, Citigroup

Thu Jul 24, 2014

Reuters

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.

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Related Topix: Financial Services, Citigroup, Banking, Reuters

Wed Jul 23, 2014

Reuters

MOVES-Citigroup, Deutsche Bank, Saxo Bank, MN Investment

The following financial services industry appointments were announced on Tuesday.

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Related Topix: Financial Services, Citigroup, Banking, Credit Suisse Asset Mnagement Income Fund

Seeking Alpha

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.

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Related Topix: Banking, Bank of America, Financial Services, Citigroup, JP Morgan Chase , Wells Fargo , Home, Mortgage

Iol.co.za

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.

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Related Topix: Banking, Financial Services, Citigroup

Tue Jul 22, 2014

Reuters

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.

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Related Topix: Banking, JP Morgan Chase , Financial Services, Citigroup, UBS Investment Bank, Investment Banking, UBS Financial Services, Investment Services

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.

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Related Topix: Banking, Financial Services, Citigroup, Home, Mortgage, Personal Finance, Marketing, New York

JD Supra

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.

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Related Topix: Prison, Banking, Financial Services, Citigroup, US News

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.

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Related Topix: Banking, Financial Services, Citigroup, US Global Investors, Investment Services, New York, Goldman Sachs, Science / Technology

Business Journal

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.

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Related Topix: Financial Services, Home, Mortgage, Personal Finance

Business Insurance

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.

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Related Topix: Banking, Financial Services, Citigroup, Pension, Personal Finance, Mortgage, Financial Markets, Retirement

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.

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Related Topix: DLP Mobile, Computers, PC, Banking, Financial Services, Citigroup

Sat Jul 19, 2014

OpEdNews

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."

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Related Topix: Banking, Financial Services, Citigroup, Criminal Defense Law, Law, US News, Home, Mortgage, Personal Finance

Fri Jul 18, 2014

Freshnews

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.

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Related Topix: Global Med Technologies, Software, Banking, JP Morgan Chase , Financial Services, Citigroup, Burlington Resources, Oil & Gas

Myrtle Beach Online

Initial public offerings scheduled to debut next week

Hilliard, Ohio, 14.5 million shares, priced $17 to $19, managed by Barclays, Deutsche Bank, and Citigroup.

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Related Topix: Hilliard, OH, Banking, Financial Services, Citigroup, Goldman Sachs, Investment Services, Cohen Group, Consulting, Stanley

Seeking Alpha

SunTrust Shines Strong Ahead Of Earnings

SunTrust's $320 million settlement with US regulators is small, relative to the multi-billion dollar settlements of peers Citigroup and JPM.

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Related Topix: Banking, Financial Services, Suntrust Banks, Citigroup, Home, Mortgage, Personal Finance, Economics News, Subprime Mortgage Crisis

Seeking Alpha

Cramer's Mad Money - 5 Picks From The Delivering Alpha Conference

These managers were "thoughtful and constructive without being promotional about themselves and their funds."

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Related Topix: Petroleo Brasileiro Petrobras, Oil & Gas, Blue Spark Technologies, Excelerate Labs, Banking, Financial Services, Citigroup, Compass Labs

Thu Jul 17, 2014

Automotive News

ZF can hike offer for TRW as high as $13 billion, report says

German auto supplier ZF Friedrichshafen, moving to acquire TRW Automotive Holdings, has been told by lenders that financing is available for a higher all-cash bid which could value the U.S. company at as much as $13 billion, people with knowledge of the matter said.

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Related Topix: World News, Germany, Banking, Financial Services, Citigroup

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