Citigroup - updates

Rappler's latest stories on Citigroup


U.S. banking giants report gloomy earnings despite strong trading

Apr 16, 2020 - 8:00 AM

Results from Citigroup, Bank of America, and Goldman Sachs highlight that they clearly are preparing for a United States recession

Swiss regulators fine banks over forex rigging 'cartels'

Jun 06, 2019 - 9:10 PM

Barclays, Citigroup, JPMorgan, MUFG Bank, and Royal Bank of Scotland are hit with fines totaling around $90 million

A logo is picture above a branch of Barclays bank in central London on July 25, 2018. (Photo by Daniel LEAL-OLIVAS / AFP)

U.S. banks shifting some London staff ahead of Brexit deadline

Feb 01, 2019 - 8:39 AM

US banks are transferring some London staff to Continental Europe and drawing up contingency plans in case of a 'hard' Brexit

7 banks to pay $324M to settle suit alleging interest rate manipulation

May 05, 2016 - 12:35 AM

The banks are accused of conspiring to set the daily benchmark rate for interest rate exchange contracts

epa02913523 (FILE) A file photo dated 22 April 2008 showing a view of a Bank of America branch in New York, New York, USA. Bank of America Corporation reported 12 September 2011 it would slash some 30,000 jobs within the coming years. The move is part of a strategy to cut costs and comes after a reorganization of the bank's management last week. Bank of America hopes to be able to save some five billion USD per year. EPA/JUSTIN LANE

'Invest in PH now' - Gov't, business make pitch to US investors

Jun 29, 2015 - 12:27 AM

The conference is part of a high level 3 city trade mission aimed at encouraging US investment in the country

US, Britain fine 6 top banks nearly $6B for forex, Libor abuses

May 20, 2015 - 4:58 PM

UPDATED US UK regulators say forex traders from the banks had met in online chatroom groups to set rates that cheated customers while adding to their own profits

FOREX RATES. Pedestrians are reflected on a window of a bank as it displays the foreign exchange rates in New York on February 5, 2015. Jewel Samad/AFP

Moody's mulls downgrade of major US banks

Aug 23, 2013 - 10:17 AM

The ratings agency says it is assessing 6 major US banks based on gov t financial reforms impact

POSSIBLE DOWNGRADE. JPMorgan Chase is among the 6 major banks being considered for a downgrade by Moody's. AFP PHOTO/TIMOTHY A. CLARY

'Powerhouse' business delegation to visit PH

Jan 21, 2013 - 11:02 AM

Top business executives from Citigroup Chevron Coca Cola General Electric JP Morgan Chase and Procter Gamble are visiting Manila from January 23 to 25 to scout for investment and trade opportunities in the Philippines

Citigroup CEO Pandit resigns

Oct 16, 2012 - 9:53 PM

Michael Corbat manager of the bank s business in Europe the Middle East and Africa will succeed Pandit as CEO and a director of the board

UNITED STATES, New York : NEW YORK, NY - DECEMBER 16: Citibank CEO Vikram Pandit looks on at the official opening of Citibank's new flagship branch at Union Square December 16, 2010 in New York City. The 9,700 square foot branch features "smart banking technologies" including interactive sales walls, Wi-Fi for customers and customer service experts via video-assist. Mario Tama/Getty Images/AFP