Search Results for: Citi
Citi and MasterCard Sign New Global Agreement That Expands Relationship
March 4th, 2015
Citi to Align Majority of Consumer Proprietary Credit and Debit Portfolios to MasterCard Citigroup (NYSE: C) and MasterCard (NYSE: MA) announced today that the companies have signed a new and expanded 10-year agreement. Citi will begin aligning the company’s ...
Citigroup announced an agreement
March 3rd, 2015
Citigroup today announced that: It has reached a definitive agreement to sell OneMain Financial Holdings, Inc. to Springleaf Holdings (NYSE: LEAF) for a purchase price of $4.25 billion. The deal is expected to close in the third quarter of ...
Citigroup unit probed by more authorities over money laundering
February 26th, 2015
Citigroup Inc (C.N) said additional government authorities have started probes of possible breaches of anti-money laundering laws at its Banamex USA unit. (Read more: International and regional bodies that combat money laundering ) The Financial Crimes Enforcement Network, a unit of ...
Citi Announces $100 Billion, 10-Year Commitment to Finance Sustainable Growth
February 18th, 2015
Citi announced today a landmark commitment to lend, invest and facilitate a total of $100 billion within the next 10 years to finance activities that reduce the impacts of climate change and create environmental solutions that benefit people and ...
Citi Board Elects Peter Blair Henry to Board of Directors
February 17th, 2015
Citi‘s Board of Directors today announced that it has elected Peter Blair Henry as a new independent director, with his service commencing July 1, 2015. Dr. Henry is the Dean of New York University’s Leonard N. Stern School of ...
Hogan Lovells announces ‘ground-breaking’ Global Citizenship Policy
February 5th, 2015
All staff pledge 25 hours a year to providing free legal advice and community investment Hogan Lovells has launched a new Global Citizenship Policy, which asks everyone at the firm to devote at least 25 hours a year to citizenship activities. ...
Citi Sees Gold as Bitcoin Says Swiss Vote Makes No Sense
November 27th, 2014
The initiative requiring the Swiss National Bank to hold a fixed portion of its assets in gold makes no sense, according to Citigroup Inc., which said the metal was the equivalent of the virtual currency bitcoin. “There is no economic or ...
U.S. judge says Citigroup can process Argentina’s next bond payment
November 11th, 2014
A U.S. judge ruled on Monday that Citigroup Inc could process an $85 million interest payment by Argentina on bonds issued under its local laws following its 2002 default. U.S. District Judge Thomas Griesa in New York said Citigroup could process the Dec. 31 payment ...
Qatar, Citic Group to Put $5 Billion Each in Investment Platform
November 4th, 2014
Qatar’s sovereign wealth fund and China’s Citic Group will put $5 billion each into an investment platform, said Ahmad Al-Sayed, chief executive officer of the Qatar Investment Authority. The platform is for “new opportunities” and could put money into ...
Citigroup sets aside $600 million more to cover legal costs
October 31st, 2014
Citigroup Inc (C.N) said it was setting aside an extra $600 million to cover legal expenses in the third quarter due to “rapidly evolving regulatory inquiries,” while also disclosing that it was subject to foreign exchange market probes. Citigroup ...
