Last Updated: Saturday, March 15, 2014, 09:33
The regulator said the manipulation caused "substantial losses" to 38 US banks which were shut down due to insolvency during and after the 2008 financial crisis.
Last Updated: Saturday, March 15, 2014, 05:09
The US Federal Deposit Insurance Corporation sued HSBC, Citigroup, Deutsche Bank and 12 other global banking heavyweights today for manipulation of the Libor benchmark interest rate.
Last Updated: Saturday, March 01, 2014, 10:26
Citigroup Inc said on Friday that it has discovered at least USD 400 million in fraudulent loans in its Mexico subsidiary and said employees may have been in on the crime.
Last Updated: Friday, February 21, 2014, 12:29
Citigroup`s former Indian-American CEO Vikram Pandit is partnering with the co-author of the popular "Freakonomics" book series to launch a new consulting business, according to a media report.
Last Updated: Thursday, February 13, 2014, 16:40
Ruling out incremental tightening of monetary policy, a Citigroup report has said the Reserve Bank's interim target of 8 per cent inflation in January 2015 seems "attainable", provided there is normal monsoon.
Last Updated: Wednesday, February 12, 2014, 17:45
India's trade deficit for the current financial year is likely to be contained at USD 144.9 billion, helping to narrow the current account deficit to USD 36.8 billion, a Citigroup report says.
Last Updated: Tuesday, February 04, 2014, 16:30
As the season of placement continues, <b>Prachi Rege</b> gives you a lowdown on the hiring trends
Last Updated: Tuesday, January 21, 2014, 18:09
The share sale will take place through block trade, they added.
Last Updated: Tuesday, January 21, 2014, 16:08
India has chosen JPMorgan Chase & Co, Citigroup Inc and JM Financial Ltd to help sell half of the government`s stake in Axis Bank Ltd valued at USD 925 million, said three people involved in the process.
Last Updated: Thursday, January 16, 2014, 21:36
Fourth-quarter profits came in at USD 2.7 billion on revenues of USD 17.8 billion, up from USD 1.2 billion on revenues of USD 17.9 billion.
Last Updated: Monday, January 13, 2014, 17:00
India's trade deficit for the current financial year is likely to be contained at USD 156 billion, resulting in the current account deficit coming in at USD 42 billion, Citigroup said.
Last Updated: Thursday, January 09, 2014, 15:29
The year 2014 is likely to be a "slow recovery year" for India, with economic growth rising, inflation easing and currency and rates largely stable, Citigroup said.
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