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Did banks share data with the U.S. government to assist in the investigation and prosecution of people involved in Jan. 6?
A British judge sentenced a former Citibank and UBS trader to 14 years in prison Monday after a jury found him guilty of masterminding the manipulation of a key interest rate
Citigroup’s profits rebounded in the second quarter from the same period a year earlier, when the bank recorded a huge legal settlement with regulators.
Year-to-date returns on municipal bonds, or debts issued by state or local governments to finance capital expenditures, have exceeded expectations in 2014 after taking a beating last year.
Citigroup customers across Central America and parts of Eastern Europe will be looking for a new place to bank next year.
Wall Street ended a three-day slump with stock values increasing in early afternoon trading.
Banking giant Citigroup Inc. announced Wednesday that the bank would cut around 4,500 jobs in the coming quarters as Chief Executive Officer Vikram Pandit attempts to slash costs in the middle of a trying economic environment for Wall Street.
Citigroup Inc. agreed to purchase Wachovia’s banking operations and assets in an all stock deal valued at $2.16 billion.
Charlotte-based Wachovia Corp. is currently in talks with several large banks about a takeover bid, according to several reports.
