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Showing results for Citigroup, Inc., Citicorp, Citibank,N.A.
...But it remains to be clear whether she can convince investors that she really has a new mission, a new strategy for Citibank....
...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....
...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....
...“There’s a lot of interest for this product,” said Ian Cooper, head of UK rates sales at Citibank....
...Few outside the mahogany corridors of Manhattan’s legal elite are aware that Citigroup, the struggling US bank in the midst of a giant round of lay-offs, is the most dominant service provider to the legal...
...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...
...Citigroup declined to comment....
...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)....
...A US appeals court has overturned a ruling that allowed hedge funds to keep half a billion dollars that Citigroup mistakenly sent to them, in a victory for the Wall Street bank that could enable it to recoup...
...Global financial markets have been turbulent this year, and for Wall Street veterans that raises a familiar concern: How is Citigroup going to screw up this time?...
...In May 2021, Shah emailed Jane Fraser and Sunil Garg, CEOs of Citigroup and Citibank respectively, saying that unless he received €10bn within three days he would create a “shitstorm that is going to wreak...
...In August 2020, Citigroup mistakenly used its own money to repay a $900mn term loan it administered on behalf of Revlon that was held by multiple asset management groups....
...“The number of Berkshire shares coincides with the number deposited with Citibank,” said the head of one Hong Kong brokerage....
...The last time Citigroup hosted an investor day, then-chief executive Michael Corbat tried to convince shareholders that the bank was on the cusp of a turnround after years of underperforming its peers and...
...A US judge has dealt a blow to Citigroup’s efforts to recover hundreds of millions of dollars mistakenly sent to a group of asset managers, ruling the recipients are allowed to keep the erroneous payments...
...A version of this article was first published by Nikkei Asia on November 17. ©2021 Nikkei Inc. All rights reserved....
...Citigroup’s attorneys at the law firm Mayer Brown wrote in a complaint filed on Monday that “Brigade has taken the baseless position that Citibank’s overpayment — more than 100 times the amount of the intended...
..., Citibank, Zurich and the big accounting groups....
...Citigroup was formed in 1998 when Sandy Weill merged Travelers, where he was chief executive, with Citicorp....
...A former top currency trader at Citigroup has won an unfair dismissal case against the bank but cannot expect to return to his job, a London employment tribunal has ruled....
...Citigroup has named David Livingstone the new head of its operations in Europe, the Middle East and Africa, a role that will see him guide the bank through the end-game of Brexit, according to a memo seen...
...Initially, it was presumed that the “Blood ’n’ Gore” team — as wags called them — would have to sacrifice returns if they wanted to be green....
...This line in a court filing from Brigade stood out to DD: It is not believable that a sophisticated institution like Citibank could have transferred nearly $1 billion, in the exact amount outstanding under...
...UBS, Citibank and BNP Paribas declined to comment....
...In a connected move, Cecilia Ronan will take over the other half of Mr Turek’s old role, becoming chief executive of Citi’s pan-European banking subsidiary — Citibank Europe — based in Ireland....
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