38 min ago
VC-backed Rhythm files for IPO
Rhythm has filed for an IPO. The number of shares that will be sold as well as the stock's pricing terms have yet to be set.
4 hrs ago
On Wall Street
Former Citigroup Registered Rep Banned From Brokerage...
Top Planning Concerns for UHNW Clients Working with UHNW clients requires more than solid investment management and estate planning, according to advisor Paul Pagnato, founder of the Pagnato-Karp Group.
8 hrs ago
Corporate settlements in the United States: The criminalisation of American business
WHO runs the world's most lucrative shakedown operation? The Sicilian mafia? The People's Liberation Army in China? The kleptocracy in the Kremlin? If you are a big business, all these are less grasping than America's regulatory system.
Wed Aug 27, 2014
Zendesk to Present at the Citigroup 2014 Global Technology Conference
Zendesk Inc. today announced that Chief Financial Officer, Alan Black, will present at the Citigroup 2014 Global Technology Conference held at the New York Hilton Midtown, New York City, NY.
Citigroup Stock Rating Reaffirmed by Zacks
's stock had its "neutral" rating reiterated by Zacks in a note issued to investors on Wednesday.
Carlyle Group closes $816 mln CLO fund
The Carlyle Group has closed a collateralized loan obligation fund totaling about $816 million.
Stevens Institute of Technology launches finance books series
Stevens Institute of Technology, a private research university located in Hoboken, New Jersey, and Springer/Apress, global publishers of high-quality STM content for technology professionals and researchers in academia, announced the creation of an innovative series of books focused on the fast-growing field of quantitative finance.
Tue Aug 26, 2014
Second Circuit Rules Broad Forum Selection Clause Trumps FINRA Rule Requiring Arbitration
On August 21, 2014, the United States Court of Appeals for the Second Circuit joined the Ninth Circuit in holding that FINRA rules requiring arbitration of customer disputes may be superseded by an agreement between a member and a customer containing a broad forum selection clause requiring all disputes to be heard in court.
Analysis For Investment Return On The Big 6 Banks
Wells Fargo trading at 1.65 premium compared to book value, while Citigroup and Bank of America trading at a discount at 0.76.
Brazil coffee output set for worst slump since 1965
A prolonged drought in Brazil has already claimed about half of Jose Francisco Pereira's coffee crop.
Citigroup fined $1.85 mln for customer transactions violations
The violations, which impacted approximately 22,000 customers, occurred in the bank's Citigroup Global Markets Inc. unit.
UPDATE 1-Market Chatter-Corporate finance press digest
* Chevron Corp has been searching for up to $1.5 billion of equity investment to help develop its Duvernay shale formation assets in Canada and contacted potential investors including private-equity firms, according to people familiar with the matter.
Mon Aug 25, 2014
Communications equipment maker Comtech explores sale: sources
Comtech, which has a market capitalization of roughly US$560 million, is working with investment bank Citigroup to assist with that effort, the people said on Monday, asking not to be named because the matter is not public.
The Daily Star
Bond issues to draw big demand despite geopolitics
File - A sign on the Citigroup office tower is seen in this 11 April, 2007 in New York.
Citi: Overweight Emerging Markets, Child Labor Helps Profits?
Citigroup's global asset allocation team thinks U.S. investors should continue to look outward, with extra attention to Japan and emerging markets.
Carlyle Eyes Another IPO, Amid A Booming Industry
Carlyle Group announced that it has hired Goldman Sachs and Citigroup to float a U.S. IPO of Axalta Coating Systems.
Sun Aug 24, 2014
Citigroup Prefers Stocks in India as Inflation Erodes Bond Gains
India's stocks are a better bet than bonds as the fastest inflation in Asia erodes fixed-income returns and deters interest-rate cuts, Citigroup Inc. says.
Post and Courier
Charleston's CresCom Bank downsizes newest branch
Banks big and small are redesigning their branches. Here are a few of the features that are showing up around the country: "Instant Issue" machines: They can print debit and credit cards immediately, so customers don't have to wait a week for them to show up in the mail.
Huge Problems In The Big Citi: Investors Should Look For Alternatives
Citigroup announced its decision to exit the retail banking business in Japan as the investment bank restructures its global operations following several problems with US regulators.
Fri Aug 22, 2014
Bank settlements likely won't deter Wall Street wrongdoing
The $34 billion in settlements that the U.S. Justice Department won in recent months from Bank of America , JPMorgan Chase and Citigroup for selling bogus mortgage-backed securities certainly grabbed plenty of headlines.