Citigroup

Citigroup weighs wholly-owned China securities unit

New York-based Citigroup is mulling the option of establishing a wholly-owned securities arm in China, Bloomberg reported. The bank is…

Citigroup reports rise in second quarter income; private bank revenues rise

Q2 revenues at Citigroup private bank rose 2% to $866m from $848m. According to Citi, the performance of the private…

Citigroup net income rises in Q1; private bank revenues dip

US-based banking major Citigroup has reported net income of $4.71bn for the first quarter of 2019. This marks a 2%…

Citigroup fined $12m for trading violations

Citigroup has been fined more than $12m to resolve charges by the US Securities and Exchange Commission (SEC) that its affiliate…

Citigroup fine for unauthorised trading and inadequate controls set at $10.5m

Citigroup has agreed to pay $10.5m to resolve two cases with the US Securities and Exchange Commission (SEC) regarding books…

Citigroup profit rises 16% in Q2; private banking revenues increase

Citigroup has reported a net income of $4.5bn for the second quarter of 2018, an increase of 16% compared to…

BlackRock, Citi plan Paris expansion in Brexit plan

BlackRock and Citigroup are planning to expand their presence in Paris in preparation for Britain’s exit from the European Union…

Citigroup net income rises 13% in Q1

Citigroup has reported a net income of $4.09bn for the first quarter of 2018, an increase of 13% compared to…

Citi Private Bank explores blockchain for clearing and settlement

Citi Private Bank is examining how it might apply blockchain technology for the clearing and settlement processes of potential future…

Citigroup commences investment banking business in Saudi Arabia

Citigroup has secured the go-ahead from the Saudi Arabian Capital Market Authority (CMA) to commence investment banking operations in the…