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    Citigroup Inc

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    • Saturday, 23 July, 2022
      On Wall StreetGary Silverman
      Jane Fraser keeps Citigroup out of harm’s way — for now

      US bank posts better than expected results during tricky second quarter

    • Friday, 15 July, 2022
      Citi beats estimates as trading strength offsets drop in dealmaking

      Consumers and corporates keep spending despite higher interest rates

    • Friday, 8 July, 2022
      Citi forced to update disclosures on Russia exposure by SEC

      Bank says it revised cash flow statements and updated information at US regulator’s request

    • Friday, 1 July, 2022
      Citi in talks with Russian buyers over sale of local operations

      US bank in negotiations with groups including Expobank and insurer Reso-Garantia

    • Wednesday, 29 June, 2022
      Banks
      Citi’s missing €10bn that wasn’t

      A Saudi prince, a Taliban financier, international spycraft and pallets of US dollars — it’s a story with everything. Except evidence.

    • Tuesday, 28 June, 2022
      Citi tech tweaks halt UK online ETF purchases

      Customers forced to place orders by phone as US bank suffers another systems issue

    • Monday, 27 June, 2022
      US banks
      Stress tests drive higher capital requirements at 3 biggest US banks

      JPMorgan, Bank of America and Citigroup tier-one ratios to rise about 1 percentage point

    • Friday, 24 June, 2022
      Roe vs Wade
      US business treads cautious line after Supreme Court abortion ruling

      Companies offer to pay travel expenses for procedure but most refrain from taking sides

    • Tuesday, 21 June, 2022
      US banks
      US banks’ ability to ride out downturn in spotlight as recession fears grow

      Federal Reserve will publish results of annual stress tests on 34 financial institutions this week

    • Monday, 20 June, 2022
      News in-depthRevlon Inc
      Revlon bankruptcy complicated by Citi’s $900mn error

      Data entry mistake in 2020 leads to infighting among creditors of indebted US cosmetics group

    • Thursday, 9 June, 2022
      Financials
      The March 2020 margin mishap victim revealed

      You’ll never guess who it was (you probably will)

    • Thursday, 9 June, 2022
      Citi suffered tech glitch during height of Covid market stress

      US bank was given grace period for March 2020 margin payment at Intercontinental Exchange

    • Wednesday, 8 June, 2022
      Leo Lewis
      Investors’ enthusiasm for the metaverse remains overheated

      The stretching of the concept’s scope has been easier given both its complexity and the post-pandemic moment

    • Tuesday, 31 May, 2022
      Citi may retain Russian banking licence despite trying to sell commercial arm

      Chief executive says lender remains in country to help multinational clients wind up their businesses

    • Wednesday, 25 May, 2022
      Prudential PLC
      Prudential names former Citi banker Anil Wadhwani as next chief executive

      New head to be based in Hong Kong as insurance group concentrates on Asia

    • Wednesday, 25 May, 2022
      Hedge funds
      BofA and Citi suspend equity trading with Segantii Capital on block trade concerns

      Hedge fund run by Blackpool FC owner is a ‘priority customer’ in Asia

    • Tuesday, 17 May, 2022
      Berkshire Hathaway Inc
      Buffett buys $3bn Citi stake in value-hunting stock splurge

      Berkshire Hathaway exits Wells Fargo and buys up oil companies, quarterly disclosure shows

    • Tuesday, 10 May, 2022
      Cryptocurrencies
      Citi, BNY Mellon and Wells Fargo invest in crypto tech company

      Deal valuing Talos at $1.25bn comes as price of digital assets such as bitcoin tumbles

    • Wednesday, 4 May, 2022
      LexHigh yield bonds
      Junk bonds: prices are falling, spreads are rising and vultures are tempted to jump in Premium content

      Discerning buyers now have a great opportunity in front of them

    • Tuesday, 3 May, 2022
      That Citi flash crash revisited

      Norse remorse.

    • Tuesday, 3 May, 2022
      Citi acknowledges trading error after flash fall in some European shares

      Swedish stocks especially hard hit during sudden plunge on Monday

    • Thursday, 14 April, 2022
      US banks
      Wall Street banks detail Russia losses and warn of more volatility

      Executives say losses are manageable but are wary of possible spillover effects

    • Thursday, 14 April, 2022
      Citi profits tumble as bank warns it could lose $3bn in Russia

      US lender says Russian exposure has fallen to $7.8bn this quarter

    • Sunday, 10 April, 2022
      US banks
      US banks set for big hit to revenues as dealmaking dries up

      The slowdown in Wall Street’s profit engine this year has been worse than expected

    • Wednesday, 30 March, 2022
      Banks
      Citigroup to sell Indian retail business to Axis Bank for $1.6bn

      Exit reflects US lender’s pivot away from international consumer banking

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