Search Results for: Citigroup Inc
New wave of FX manipulation lawsuits
November 16th, 2018
A group of large institutional investor plaintiffs filed a lawsuit on 07 November, in the US District Court in Manhattan, in a action linked to proce rigging in the FX markets. Amongst the several named plaintiffs are BlackRock Inc, ...
CBOE Holdings Announces Pricing of Senior Notes Offering
June 27th, 2017
CBOE Holdings, Inc. (BATS: CBOE | NASDAQ: CBOE) announced that it priced an underwritten public offering of $300 million of its 1.950% Senior Notes due 2019. The offering is expected to close on June 29, 2017, subject to the ...
London Stock Exchange to buy Citi’s Yield Book bonds analysis business for $685 million
May 30th, 2017
London Stock Exchange (LSE)(LSE.L) has agreed to buy The Yield Book, Citigroup’s (C.N) fixed-income analytics service and also its related indexing business, for $685 million in cash, the companies said on Tuesday. LSE, which had said it would be ...
Deutsche Bank: 4,000 jobs at risk of being moved out of UK after Brexit
April 27th, 2017
Bank says 2,000 front office people could be moved, with another 2,000 posts to be reviewed depending on new regulations Bank says 2,000 front office people could be moved, with another 2,000 posts to be reviewed depending on new ...
The Libor trials: Where we are now
April 12th, 2017
Barclays sent shockwaves through the City when, in July 2012, it was fined nearly £300m by British and US regulators for its role in the Libor-rigging scandal. Days later, then chief executive Bob Diamond handed in his notice. The ...
Citibank refunds $5 million in credit card international transaction fees
March 31st, 2017
Citigroup Pty Limited (Citibank) has refunded approximately $5 million to around 230,000 customers, for failing to properly disclose that credit card international transaction fees apply to Australian dollar transactions where the merchant uses an entity based overseas to process ...
Intercontinental Exchange has elected new Directors
March 7th, 2017
Intercontinental Exchange (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced that its Board of Directors has elected Ann Cairns and Duriya Farooqui as new Directors effective March 3, ...
CFPB Orders Citi Subsidiaries to Pay $28.8 Million
January 24th, 2017
CFPB Orders Citi Subsidiaries to Pay $28.8 Million for Giving the Runaround to Borrowers Trying to Save Their Homes Mortgage Servicers Kept Borrowers in the Dark About Options, Demanded Excessive Paperwork The Consumer Financial Protection Bureau (CFPB) today took ...
What’s next for blockchain and cryptocurrency
January 24th, 2017
In May of 2010, someone on a Bitcoin forum by the name of Lazlo claimed to have bought two pizzas for 10,000 bitcoins. It was the first time anyone had purchased anything with the new digital currency, which at ...
Gold price boosted by hard Brexit fears
January 16th, 2017
Prospect of leaving single market – plus doubts over Donald Trump effect in US – sees traders rush to ‘safe haven’ Gold is being boosted this morning as concerns over a hard Brexit dominate the market commentary. Reports indicate ...
