Citigroup Inc

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Citigroup Inc - Total results - 22
Wall Street accelerates backup plans as coronavirus gets closer to home; offices testing secondary centres, systems if condition worsens
Business

Wall Street accelerates backup plans as coronavirus gets closer to home; offices testing secondary centres, systems if condition worsens

JPMorgan, Citigroup Inc, Wells Fargo & Co and Goldman Sachs have restricted all non-essential international travel for employees on account of coronavirus, starting with JPMorgan late last week

Sensex, Nifty open on volatile note tracking losses in banking stocks; weak inflation weigh in on domestic investor sentiment
Business

Sensex, Nifty open on volatile note tracking losses in banking stocks; weak inflation weigh in on domestic investor sentiment

HDFC twins, ICICI Bank, HUL, L&T, Ultratech Cement and ONGC were among the top losers in the Sensex pack, shedding up to 0.63 percent

Google to team up with banks to offer checking accounts starting next year: Report
News & Analysis

Google to team up with banks to offer checking accounts starting next year: Report

This Google project, named Cache, follows moves by Apple and Facebook into the financial industry this year.

Facebook to deepen links with financial institutions to improve customer service
News & Analysis

Facebook to deepen links with financial institutions to improve customer service

The Wall Street Journal had reported that Facebook had asked banks to share detailed financial information.

Citi files claim with Nasdaq for compensation from Facebook IPO
News & Analysis

Citi files claim with Nasdaq for compensation from Facebook IPO

Citi filed the claim on Monday, which is the deadline for applications from firms seeking to participate in the $62 million compensation plan, but is still looking at all of its options, including legal options.

Citi files claim with Nasdaq for compensation from Facebook IPO
Investing

Citi files claim with Nasdaq for compensation from Facebook IPO

Citi filed the claim on Monday, which is the deadline for applications from firms seeking to participate in the $62 million compensation plan, but is still looking at all of its options, including legal options.

Unlike Pandit, new Citi CEO Corbat to promote execs from within
Business

Unlike Pandit, new Citi CEO Corbat to promote execs from within

Corbat has said he will take the next several weeks to review the reporting structure, but names of potential candidates in what could be a round of reshuffling atop the third largest US bank are already beginning to surface among insiders.

Delhi pips Mumbai as most competitive city to attract capital, biz
Economy

Delhi pips Mumbai as most competitive city to attract capital, biz

The study, which has been commissioned by the Citigroup, ranked Delhi at number 68 in the list of 120 of the world's major cities.

Investors panic as rupee falls to new life-time low of 56. 47
Economy

Investors panic as rupee falls to new life-time low of 56. 47

The rupee fell to a record low of at 56.47/50 per dollar, falling below its previous record low of 56.40 hit last week urging RBI to intervene

What JP Morgan's loss means for Dimon and 'big' banks
Business

What JP Morgan's loss means for Dimon and 'big' banks

For a bank lauded for navigating the fallout from the 2008 financial crisis without reporting a loss, the errors are embarrassing, given Dimon's criticism of the Volcker rule to ban proprietary trading by big banks.

Ignore the telcos: Tariffs won't rise more than 2-4 paise a min
Business

Ignore the telcos: Tariffs won't rise more than 2-4 paise a min

The big telecom companies may have to pay more for spectrum, but the tariff hikes needed to pay for it may be no more than2-4 paise per minute.

Citigroup pays $158 mn in US mortgage fraud pact
Business

Citigroup pays $158 mn in US mortgage fraud pact

Citigroup Inc has agreed to pay $158.3 million to settle US civil claims that it defrauded the government over some home loans from its CitiMortgage unit.

MCX to launch Rs 620 crore IPO by February end
Business

MCX to launch Rs 620 crore IPO by February end

The MCX public offering will open on February 21 for cornerstone investors and a day later for general investors.

2G Trial: Industry says foreign investment will be hit
Business

2G Trial: Industry says foreign investment will be hit

India Inc and analysts in the telecom industry see the cancellation of 122 telecom licences by the Supreme Court's as a huge setback for the sector and for foreign investment in the country.

Working for a foreign bank in India? You won't like this
Business

Working for a foreign bank in India? You won't like this

Citigroup, HSBC, Bank of America Merrill Lynch and Barclays are slashing jobs in their Indian operations at the fastest pace since the 2008 global credit crisis amid slowing operations.

CIL's realisations to improve with new pricing regime
Business

CIL's realisations to improve with new pricing regime

Coal India's new pricing strategy is likely to lead to an increase in earnings and profits.

HTC sues Citi's Taiwan unit for violating stock transaction law
News & Analysis

HTC sues Citi's Taiwan unit for violating stock transaction law

The suit is seen as a proxy for the larger fight for market share between Google Inc's Android cellphones and tablets, many of which HTC makes, and Apple's product line.

HTC sues Citi's Taiwan unit for violating stock transaction law
Business

HTC sues Citi's Taiwan unit for violating stock transaction law

The suit is seen as a proxy for the larger fight for market share between Google Inc's Android cellphones and tablets, many of which HTC makes, and Apple's product line.

HTC sues Citi in Taiwan after share price fall
News & Analysis

HTC sues Citi in Taiwan after share price fall

HTC, the world's No.4 smartphone maker, has filed a criminal complaint against Citigroup Inc's Taiwan unit, alleging the bank published false information ...

Moody's downgrades BoA, Citi on changed US policy
World

Moody's downgrades BoA, Citi on changed US policy

Moody's Investors Service lowered debt ratings for Bank of America Corp, Citigroup Inc and Wells Fargo & Co on Wednesday, saying the US government is getting less comfortable with bailing out large troubled lenders.