Citigroup is the fourth-biggest US bank, with $1.82 trillion of assets at June-end
Frankfurt is our first choice for headquartering our EU broker-dealer: Citigroup's head of Europe
Citigroup built excess capital by shedding assets that required support, additions to net income
The deal is expected to be pitched to a number of insurers including AIG and Allianz
Moynihan received $18.5 million in stock grants for 2016, according to a regulatory filing Friday
If federal corporate tax rates decline 20 per cent under Donald Trump, Citigroup Inc may have to take a $4 billion charge to profits
India has become the centre of the world's oil demand growth and the country's economic growth will affect global commodities, Citigroup Inc said in a research note.The world's second-largest country by population after China will see its economy expand at about eight per cent a year through 2021, Citi researchers including Ed Morse said. The country's working-age population will increase by 220 million over the next 20 years, and about 240 million people will move to cities.Urbanisation and rising incomes will boost demand for transportation fuels, gold jewellry and electricity generation, while looser regulations should spur increased exports of iron ore into the market. India's economy won't copy China's near-decade of double-digit economic growth that pushed oil prices into the $100-a-barrel range, but will be enough to impact global supply-and-demand balances of several commodities, Morse said."While India is no China, the sub-continent's largest economy is becoming the third larg
Icorporating August trade data, the trends are pointing to a broadly balanced current account in the second quarter of this fiscal year as well, says Citigroup
Interview with managing director & head of equity, Citi India
A strong investment recovery is essential for India to sustain high GDP growth rates in the medium term
King, 68, retired from the Bank of England in 2013 and has since taught at New York University's Stern School of Business
Citigroup saw a spike in trading volumes after Britain voted on June 23 to exit the EU
Charges not criminal
The lender is said to have taken reserves to recover the costs of the settlement
both equity and fixed income (FI) investors are portraying a constructive outlook, but are waiting for the next catalyst for fresh inflows
Citigroup Inc said it received a subpoena from the US Attorney for the Eastern District of New York regarding the bank's possible role in bribes paid to international soccer officials.The government is seeking information on banking relationships and transactions tied to FIFA, global soccer's governing body, New York-based Citigroup said Friday in its annual regulatory filing with the Securities and Exchange Commission.FIFA is under investigation by US and Swiss authorities for alleged bribery and corruption in the awarding of the 2018 and 2022 World Cups to Russia and Qatar. Almost 40 people, including a dozen FIFA officials, have been arrested in connection with corruption in soccer.The US alleged in a May indictment of FIFA officials that money from bribery schemes passed through banks including Citigroup, JPMorgan Chase & Co and Wachovia Bank, now a unit of Wells Fargo & Co. The indictment doesn't accuse the banks of wrongdoing or indicate whether transfers in the FIFA case