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Page 10 - Citigroup

Citigroup may face penalty for denying discounts to minority customers

Citigroup spokesman Drew Benson acknowledged the problems but said the bank "firmly believes it has not engaged in discrimination or violated fair lending laws."

Citigroup may face penalty for denying discounts to minority customers
Updated On : 11 Oct 2018 | 7:11 AM IST

Gender parity: Citigroup hires three women as MDs for markets biz in Asia

Citigroup has created hard targets for raising the percentages of women and African Americans in management positions by 2021

Gender parity: Citigroup hires three women as MDs for markets biz in Asia
Updated On : 30 Aug 2018 | 10:02 PM IST

Citigroup fails to reduce credit card interest charges; to refund $335 mn

The cost of the reimbursements has already been factored into Citigroup's 2017 results

Citigroup fails to reduce credit card interest charges; to refund $335 mn
Updated On : 23 Feb 2018 | 10:42 PM IST

Citigroup follows Morgan Stanley, UBS, quits recruiting pact

The decision was reached because it "allows us to continue to invest in our growing team of award-winning financial advisors," said Citigroup spokesman

Citigroup follows Morgan Stanley, UBS, quits recruiting pact
Updated On : 30 Dec 2017 | 11:34 AM IST

Citigroup plans hiring drive as it re-enters Saudi Arabia

The bank obtained a licence in April to conduct capital markets business in Saudi Arabia

Citigroup plans hiring drive as it re-enters Saudi Arabia
Updated On : 25 Oct 2017 | 8:02 PM IST

Citigroup Q3 profit up 7.6% on asset sale benefit, cost cuts

The fourth-biggest US bank by assets said on Thursday that net income rose to $4.13 billion in the third quarter

Citigroup Q3 profit up 7.6% on asset sale benefit, cost cuts
Updated On : 12 Oct 2017 | 7:46 PM IST

Citigroup tops 8-bank group for Petrobras fuel distribution unit IPO

Between 30-35% of BR Distribuidora could be sold in IPO by Nov, could be last market window of 2017

Citigroup tops 8-bank group for Petrobras fuel distribution unit IPO
Updated On : 19 Aug 2017 | 9:30 AM IST

Citigroup hosts investors for first time since the financial crisis

Citigroup is the fourth-biggest US bank, with $1.82 trillion of assets at June-end

Citigroup hosts investors for first time since the financial crisis
Updated On : 25 Jul 2017 | 7:39 PM IST

Citigroup, Deutsche Bank beef up Frankfurt presence

Frankfurt is our first choice for headquartering our EU broker-dealer: Citigroup's head of Europe

Citigroup, Deutsche Bank beef up Frankfurt presence
Updated On : 21 Jul 2017 | 2:16 AM IST

Citi to pay $19 bn to shareholders, buy back stocks worth $15.6 bn

Citigroup built excess capital by shedding assets that required support, additions to net income

Citi to pay $19 bn to shareholders, buy back stocks worth $15.6 bn
Updated On : 29 Jun 2017 | 4:04 PM IST

Citigroup to seek bids for Asia general insurance distribution deal: Source

The deal is expected to be pitched to a number of insurers including AIG and Allianz

Citigroup to seek bids for Asia general insurance distribution deal: Source
Updated On : 28 Mar 2017 | 5:57 PM IST

Why it was better to be BoA's CEO than Citigroup's

Moynihan received $18.5 million in stock grants for 2016, according to a regulatory filing Friday

Why it was better to be BoA's CEO than Citigroup's
Updated On : 18 Feb 2017 | 9:51 PM IST

US tax rate cut could bring $4 billion charge, says Citigroup CFO

If federal corporate tax rates decline 20 per cent under Donald Trump, Citigroup Inc may have to take a $4 billion charge to profits

US tax rate cut could bring $4 billion charge, says Citigroup CFO
Updated On : 17 Nov 2016 | 2:55 AM IST

Citi sees India growth at 8%; to help boost oil, gold demand

India has become the centre of the world's oil demand growth and the country's economic growth will affect global commodities, Citigroup Inc said in a research note.The world's second-largest country by population after China will see its economy expand at about eight per cent a year through 2021, Citi researchers including Ed Morse said. The country's working-age population will increase by 220 million over the next 20 years, and about 240 million people will move to cities.Urbanisation and rising incomes will boost demand for transportation fuels, gold jewellry and electricity generation, while looser regulations should spur increased exports of iron ore into the market. India's economy won't copy China's near-decade of double-digit economic growth that pushed oil prices into the $100-a-barrel range, but will be enough to impact global supply-and-demand balances of several commodities, Morse said."While India is no China, the sub-continent's largest economy is becoming the third larg

Citi sees India growth at 8%; to help boost oil, gold demand
Updated On : 26 Sep 2016 | 11:48 PM IST

India's Q1 current account to be in surplus: Citigroup

Icorporating August trade data, the trends are pointing to a broadly balanced current account in the second quarter of this fiscal year as well, says Citigroup

India's Q1 current account to be in surplus: Citigroup
Updated On : 18 Sep 2016 | 12:15 PM IST

Concern is if high earnings expectations are not met: Abhinav Khanna

Interview with managing director & head of equity, Citi India

Concern is if high earnings expectations are not met: Abhinav Khanna
Updated On : 05 Sep 2016 | 7:33 AM IST

Bumpy road to recovery for Indian economy: Citigroup

A strong investment recovery is essential for India to sustain high GDP growth rates in the medium term

Bumpy road to recovery for Indian economy: Citigroup
Updated On : 08 Aug 2016 | 3:34 PM IST

Citigroup hired former BoE governor

King, 68, retired from the Bank of England in 2013 and has since taught at New York University's Stern School of Business

Citigroup hired former BoE governor
Updated On : 30 Jul 2016 | 9:23 PM IST

Citigroup's profit falls less than expected; trading helps

Citigroup saw a spike in trading volumes after Britain voted on June 23 to exit the EU

Citigroup's profit falls less than expected; trading helps
Updated On : 15 Jul 2016 | 8:07 PM IST
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Updated On : 27 May 2016 | 12:20 AM IST