Citigroup Inc
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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
Fp Archives •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.
Shaky Wall St next week: any bad news would trigger sell-off
Fp Archives •Europe is expected to keep investors jumpy as well, with inconclusive results from the recent Greek election and the country's future appearing more worrisome.
Unlike Pandit, new Citi CEO Corbat to promote execs from within
Fp Archives •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
Fp Archives •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
Fp Archives •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
Fp Archives •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
Sindhu •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
Fp Archives •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
Fp Archives •The MCX public offering will open on February 21 for cornerstone investors and a day later for general investors.