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Citigroup strips COO of responsibility after $136mn fine
Citigroup is shifting responsibility for a key piece of its compliance work and around 800 employees from chief operating officer Anand Selva, after the bank was fined $136mn by regulators this summer for reporting failures.
Memo: Citi shakes up leadership after $136 million in fines for data quality issues
Citi's new tech head Tim Ryan will co-lead its data efforts to appease regulators with COO Anand Selva. Here's what you need to know about the new status quo.
Citigroup shifts compliance work for 800 staff after $136M fine
Citigroup, one of the world’s largest financial institutions, is undergoing a significant restructuring of its compliance efforts in response to recent regulatory pressures. The bank is shifting responsibility for a crucial aspect of its compliance work,
11h
Citigroup Inc. stock outperforms competitors on strong trading day
Supported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch ...
1d
on MSN
JPMorgan Hires Citigroup’s Raimondi as Head of Americas SIG M&A
JPMorgan Chase & Co. has hired Ray Raimondi from Citigroup Inc. to lead its mergers and acquisitions business focused on ...
InvestmentNews
1d
Citigroup undeterred by fossil fuel protests
Citigroup Inc. stepped up its dealmaking in the underwriting of bonds for fossil-fuel companies, a development that coincided ...
9h
Citigroup keeps focus on fossil-fuel deals
Citigroup Inc is stepping up its dealmaking in the underwriting of bonds for fossil-fuel companies, a development that ...
1d
on MSN
Millennium Hires Former Citigroup APAC Equity Trading Head
Millennium Management has hired former Citigroup Inc. equity trading executive Arnaud Leteissier as a senior portfolio ...
2d
Citigroup Sells Trust Services Unit to JTC for $80 Million
(Reuters) - Professional services provider JTC said on Monday it has agreed to buy Citigroup's global fiduciary and trust ...
3d
Citigroup's Resurgence To Accelerate By Ramping Share Buybacks
Jane Fraser's strategic overhaul is making significant progress for Citigroup, aiming for 11%-12% RoTCE by 2026. Read why I ...
2d
Citigroup Sees Brent Crude Rallying to $75/bbl, But Ending 2025 at $60/bbl -- OPIS
Citigroup on Sunday said it believes OPEC and allied producers, known as OPEC+, will likely extend current output cuts into 2025 and predicted Brent crude prices could rally to $75/bbl or more over ...
1d
Citigroup Upgrades Gannett (GCI)
Fintel reports that on September 17, 2024, Citigroup upgraded their outlook for Gannett ( NYSE:GCI) from Sell to Neutral.
Benzinga.com
1d
What the Options Market Tells Us About Citigroup
Deep-pocketed investors have adopted a bullish approach towards
Citigroup
C, and it's something market players shouldn't ...
Courthouse News Service
8d
Investors seek to revive claims over Citigroup’s role in fraud at Mexican marine services company
A group of international companies say false misrepresentations by Citigroup led them to invest billions in a now-bankrupt ...
3d
Goldman Sachs, Citigroup cut China's 2024 growth forecast to 4.7%
Goldman Sachs and Citigroup have lowered their full-year projections for China's economic growth to 4.7%, after the world's ...
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Tim Ryan
JTC
Anand Selva
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