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Tag: Citigroup
Daily Market News: Fed to hold rates steady
Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for…
Read MoreCitigroup FX trader fired in rate rigging scandal suing his former employer for wrongful dismissal
The former Citigroup employee is set to challenge his dismissal at a London court today.
Read MoreSEC charges Citigroup for compliance and surveillance failures
Citigroup agreed to pay a $15 million penalty.
Read MoreScotiabank to acquire Citigroup’s banking units in Panama and Costa Rica
This acquisition will nearly triple Scotiabank’s customer base in these two countries from approximately 137,000 to 387,000, providing significant opportunities to leverage leading regional loyalty programs and key strategic alliances.
Read MoreSouth Korea joins global Forex probes for rigging by banks
Jeong Jae-chan, the chairman of South Korea’s Fair Trade Commission, told a parliamentary hearing that an investigation had begun, although he did not elaborate.
Read MoreUS Department of Justice wants guilty plea from Citigroup for FX manipulation
The US authorities are expecting to gain a criminal conviction against Citigroup for FX rate manipulation
Read MoreBarclays and Citigroup close to settling Forex lawsuit with private investors
Citigroup and Barclays will reportedly settle a lawsuit with private investors who say the banks manipulated forex rates within the…
Read MoreFXCM Inc shares down 10% Wednesday and 20% from last Friday’s highs as Analysts question residual value
Two of the leading equity research analysts covering FXCM at Keefe Bruyette & Woods and Citigroup cite a share value of $0.50 to $2.79 for FXCM.
Read MoreCiti loses more than $150 million on Swiss swing
Citigroup Inc (NYSE: C), the world’s biggest interbank currencies dealer, lost more than $150 million after the Swiss central bank…
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