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...Citibank has won an employment lawsuit against a banker who was dismissed for submitting an expenses claim that included coffee and sandwiches for his partner and lying about it....
...“There’s a lot of interest for this product,” said Ian Cooper, head of UK rates sales at Citibank....
...But it remains to be clear whether she can convince investors that she really has a new mission, a new strategy for Citibank....
...Citibank, one of the world’s largest foreign exchange trading banks, said that hedge funds had switched from positioning for a decline to betting on the dollar’s appreciation....
...It concerned a man named Szabolcs Fekete, who was a senior analyst at Citibank until he claimed two coffees and two sandwiches on expenses after taking his partner on a business trip to Amsterdam last year...
...The Monetary Authority of Singapore said on Wednesday that DBS, OCBC, Citibank Singapore and Swiss Life Singapore had been fined a total of S$3.8mn ($2.8mn)....
...Citi’s symbolic sandwich sacking suit This story was, gloriously, the most read on FT.com for most of yesterday: Citibank has won an employment lawsuit against a banker who was dismissed for submitting...
...A version of this article was first published by Nikkei Asia on June 22. ©2023 Nikkei Inc. All rights reserved....
...Imagine if Goldman Sachs or Citibank owned the New York Stock Exchange, the DoJ argued in its complaint....
...The hedge funds, which include Brigade Capital Management and HPS Investment Partners, “are not shielded from Citibank’s claims for restitution”, the appeals judges wrote, noting that they were aware of...
...Bad news for Lex Foundation, the obscure and asset-free UK family office that last year sued Citibank for purportedly losing €10bn. Its case has been thrown out of court....
...“The number of Berkshire shares coincides with the number deposited with Citibank,” said the head of one Hong Kong brokerage....
...Citibank, Morgan Stanley and other Wall Street banks said this month that they expect to pay $200mn apiece for failing to preserve text and WhatsApp conversations on bankers’ personal phones....
...Revlon said it was prepared for that potential fight, writing in court papers that it “reserve[s] all rights and defences with respect to any claim Citibank may assert against the debtors.”...
...The shortage is challenging India’s IT companies, which serve as the foundation of the country’s services industry and as back offices to the world’s biggest companies, including Citibank UK, Microsoft and...
...Then you had Lil Nas X in Roblox, and then you have Ariana Grande. And you're going to see a lot more, I think, experiments inside these gaming platforms that are very, very successful....
...Stoute started his career in the 1990s as the manager to rapper Nas, then spent decades working at large record labels including Sony and Interscope....
...Banks that are heavily reliant on Mastercard for their debt or credit cards, such as Citibank and Mumbai-based RBL, face months of uncertainty....
...The service looks like a combination of Amazon, Robinhood, PayPal and Citibank, all in one app....
...“To believe that Citibank, one of the most sophisticated financial institutions in the world, had made a mistake that had never happened before, to the tune of nearly $1bn — would have been borderline irrational...
...Regional banks have been on a dealmaking spree in recent years in the hope that becoming bigger will help them boost margins and better compete against giants such as JPMorgan Chase, Bank of America and Citibank...
...There are about 1,500 of these centres in the US at the moment — dwarfing the number of Citibank branches by 2 to 1....
...“It has definitely opened people’s minds in terms of the art of the possible,” said Na Wei, a managing director at Barclays, which led the transaction, adding that the deal was originally underwritten with...
...week, the “10,000 Black Interns Programme” announced that nearly 500 companies have signed up to offer paid work experience to help black people get a start in business — among them HSBC, Deutsche Bank, Citibank...
...“It has definitely opened people’s minds in terms of the art of the possible,” said Na Wei, a managing director at Barclays, which led the transaction....
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