All the updated news related to citigroup

All the news related to citigroup updated in real time

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Banks working on rescue plan for First Republic, reports say

A group of Wall Street banks is planning a rescue package of at least 20 billion US dollars (£16.5 billion) for First Republic Bank, sources have told The Associated Press. The rescue package comes as San Francisco-based First Republic has been ...

16 Mar 2023 at 19:00

City

Finance watchdog fines Citigroup Global Markets £12.5m for market abuse failures

Citigroup’s international broking business has been fined £12.5 million by the UK financial watchdog over past failures to properly apply rules designed to halt suspicious trading activity. The Financial Conduct Authority (FCA) said it had ...

19 Aug 2022 at 13:19

Financial traders found guilty of rate-rigging have appeal bids rejected

Two former financial market traders convicted of interest rate benchmark manipulation have had bids to clear their names rejected by the Court of Appeal. Tom Hayes, 44, a former Citigroup and UBS trader, was found guilty of multiple ...

27 Mar 2024 at 13:13

Supreme Court to hear cases of traders jailed over rate-rigging

Two former financial market traders jailed over interest rate benchmark manipulation will take bids to clear their names to the UK’s highest court. Tom Hayes, 44, a former Citigroup and UBS trader, was found guilty of multiple ...

25 Jul 2024 at 15:51

City

Regulators fine Citigroup after £1.1bn of equities sold in ‘fat-finger’ error

Regulators have fined Citigroup £61.6 million for a trading controls failure that led to 1.4 billion dollars (£1.1 billion) of equities being sold mistakenly. The Financial Conduct Authority (FCA) said “poor design” and ...

22 May 2024 at 10:57

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