2 hrs ago
Citi ups investment in Latin American commercial cards offering
According to Citi, Puerto Rico will be the first to adopt this new technology, positioning Citi as the first local Commercial Card Issuer to deliver a chip card solution into that market.
6 hrs ago
Movers & Shakers: Wednesday's movers: Drug makers lead S&P 500
Pharmaceutical names dominated the S&P 500's leaderboard with Bristol-Myers Squibb Co.
Mon May 20, 2013
MOVES-Citigroup, JP Morgan Private Bank, RBS, Barclays
The following financial services industry appointments were announced on Monday.
Citi Names New Heads of Mortgages, Private Bank, Citi Holdings
Citigroup Inc Chief Executive Michael Corbat named Jane Fraser as the new head of the bank's mortgage business on Monday ,as current CitiMortgage CEO Sanjiv Das plans to leave the bank to pursue other opportunities, according to an internal memo.
Sat May 18, 2013
Citigroup Inc (C), JPMorgan Chase & Co. (JPM): Who's Future Is The Brightest?
When I look at Citigroup Inc , I can't help but think of something that Peter Lynch said about Fannie Mae years ago.
Fri May 17, 2013
The Washington Post
Pandit Takes Stake in India's JM Financial With Lead Role
Former Citigroup Inc. Chief Executive Officer Vikram Pandit is buying a stake in India's JM Financial Ltd.
Thu May 16, 2013
The Globe and Mail
Citi bans forex traders from using Bloomberg internal chat groups
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)
Hedge Funds' Bet On Corbat Pay Off As Citi Surges
Moore Capital Management and Appaloosa Management are among hedge fund firms that counted Citigroup Inc.
Apollo Global Management closes secondary offering
The offering closed at a price to the public of USD 25.00 per class A share, which included approximately 3.2m class A shares sold by the selling shareholders upon the exercise in full of the underwriters' option to purchase additional shares.
Wed May 15, 2013
Citigroup and Lehman Settle Dispute Over Currency Trades
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.
Citi runs ad campaign for Simplicity
Citi said that Simplicity was esigned to provide a simplified credit experience and alleviate the frustration of late fees for consumers.
Mid-Day Market Update: US Stocks Continue Rally, Large Cap Banks See Biggest Advances
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.
Tue May 14, 2013
Most Active Options: AIG, Citigroup Inc (C), and U. S. Steel
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 .
UPDATE 2-ItaAo to buy Citigroup consumer finance business in Brazil
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.
The New Zealand Herald
Wall St resumes climb to fresh records
Wall Street resumed its climb to new records, underpinned by the confidence that central banks around the world are supporting growth.
6 big unanswered questions in the Bloomberg spying case
Bloomberg CEO Dan Doctoroff and editor-in-chief Matt Winkler rushed out responses over the weekend and early Monday morning to the spying scandal at the media empire .
The City News: Severn Trent Plc (SVT), United Utilities Group Plc...
Editor's Note: Related tickers: Goldman Sachs Group, Inc. , JPMorgan Chase & Co.
Mon May 13, 2013
Fitch Upgrades Banamex's IDRs to 'A' Following Sovereign Action; Outlook Stable
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.
Wall Street is back
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.
Sun May 12, 2013
Citigroup's Corbat Says Spending Needed for Full Recovery
Michael Corbat , hunting for revenue seven months into his tenure as chief executive officer of Citigroup Inc.