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 has created hard targets for raising the percentages of women and African Americans in management positions by 2021
The cost of the reimbursements has already been factored into Citigroup's 2017 results
The decision was reached because it "allows us to continue to invest in our growing team of award-winning financial advisors," said Citigroup spokesman
The bank obtained a licence in April to conduct capital markets business in Saudi Arabia
The fourth-biggest US bank by assets said on Thursday that net income rose to $4.13 billion in the third quarter
Between 30-35% of BR Distribuidora could be sold in IPO by Nov, could be last market window of 2017
Citigroup is the fourth-biggest US bank, with $1.82 trillion of assets at June-end
Frankfurt is our first choice for headquartering our EU broker-dealer: Citigroup's head of Europe
Citigroup built excess capital by shedding assets that required support, additions to net income
The deal is expected to be pitched to a number of insurers including AIG and Allianz
Moynihan received $18.5 million in stock grants for 2016, according to a regulatory filing Friday
If federal corporate tax rates decline 20 per cent under Donald Trump, Citigroup Inc may have to take a $4 billion charge to profits
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
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
Interview with managing director & head of equity, Citi India
A strong investment recovery is essential for India to sustain high GDP growth rates in the medium term
King, 68, retired from the Bank of England in 2013 and has since taught at New York University's Stern School of Business
Citigroup saw a spike in trading volumes after Britain voted on June 23 to exit the EU
Charges not criminal