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Citigroup's China expansion held up by US regulators
Citigroup's expansion in China said to hit roadblock with U.S. regulators
Citigroup's (NYSE:C) expansion plan in China involving setting up a standalone securities firm is facing delays due to a regulatory roadblock in the U.S., Bloomberg reported, citing people familiar with the matter.
Citigroup’s China Expansion Plan Delayed by US Regulators
Citigroup Inc.’s expansion plan in China has hit a roadblock with US regulators after the Federal Reserve imposed a penalty on the bank for its data management and risk controls, according to people familiar with the matter.
Citigroup's China expansion held up by US regulators, Bloomberg News reports
Citigroup’s expansion plan in China has hit a roadblock with U.S. regulators after the Federal Reserve imposed a penalty on the bank for its data management and risk controls, Bloomberg News reported on Sunday.
Citigroup's China Expansion Plans Hit After Failing To Fix Data Management, Risk Control Issues: Report
The fines have hindered the bank's ability to comply with licensing regulations in China. And, to expand its operations into China, the bank needs a clearance letter from the U.S. Federal Reserve.
Courthouse News Service
12d
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 ...
InvestmentNews
6d
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 ...
2d
Citigroup’s Strategic Win: Strengthening Ties with American Airlines through Exclusive Co-Brand Card Deal
Mike Mayo, an analyst from Wells Fargo, assigned the Buy rating on Citigroup (C – Research Report). The associated price target remains ...
7d
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 ...
Benzinga.com
6d
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 ...
5d
Citigroup Upgrades Gannett (GCI)
Fintel reports that on September 17, 2024, Citigroup upgraded their outlook for Gannett ( NYSE:GCI) from Sell to Neutral.
Channel NewsAsia Singapore
3d
Hiring at Citigroup Singapore to pick up, says global firm’s head of wealth
In a wide-ranging interview with CNA’s Elizabeth Neo, Mr Andy Sieg shared the importance of Asia to his firm’s growth.
1h
Citigroup Unusual Options Activity For September 23
High-rolling investors have positioned themselves bullish on Citigroup C, and it's important for retail traders to take note.
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China
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