Citigroup profit beats on strength in consumer banking Citigroup reported a higher than expected quarterly profit today, driven by strength in its consumer banking business and a surge in equities trading. Business • 13 Apr 18
Citigroup profit beats on strength in consumer banking Citigroup reported a higher than expected quarterly profit today, driven by strength in its consumer banking business and a surge in equities trading. Business • 13 Apr 18
US investment banks still betting on London A year before Britain is due to leave the European Union, top US investment banks plan to hire far more people in London than anywhere else in Europe. Business • 05 Mar 18
US investment banks still betting on London A year before Britain is due to leave the European Union, top US investment banks plan to hire far more people in London than anywhere else in Europe. Business • 05 Mar 18
Citigroup to invest in London despite Brexit - report Wall Street bank Citigroup will set up an innovation centre in London in one of the first investments by a big US bank since Brexit, the Financial Times reported over the weekend. Business • 12 Feb 18
Citigroup to invest in London despite Brexit - report Wall Street bank Citigroup will set up an innovation centre in London in one of the first investments by a big US bank since Brexit, the Financial Times reported over the weekend. Business • 12 Feb 18
Citi's quarterly profit tops estimates Citigroup today reported quarterly profit that topped Wall Street expectations as consumer businesses made up for lower revenue from bond and currency trading. Business • 16 Jan 18
Citi's quarterly profit tops estimates Citigroup today reported quarterly profit that topped Wall Street expectations as consumer businesses made up for lower revenue from bond and currency trading. Business • 16 Jan 18
US bank gains from tax law start with red ink US bank executives and investors expect a long-term boost from the new federal tax code, but the biggest lenders will first need to book multi-billion-dollar charges that will muddle fourth-quarter results. Business • 08 Jan 18
US bank gains from tax law start with red ink US bank executives and investors expect a long-term boost from the new federal tax code, but the biggest lenders will first need to book multi-billion-dollar charges that will muddle fourth-quarter results. Business • 08 Jan 18
Citi's private bank to set up Luxembourg unit Citigroup said its private bank is to set up a booking centre in Luxembourg to ensure it can continue to serve European Union clients after Britain leaves the bloc in 2019. Business • 12 Oct 17
Citi's private bank to set up Luxembourg unit Citigroup said its private bank is to set up a booking centre in Luxembourg to ensure it can continue to serve European Union clients after Britain leaves the bloc in 2019. Business • 12 Oct 17
Citigroup chooses Frankfurt as new EU HQ US bank Citigroup has said it may need to create 150 new jobs in the European Union to deal with the impact of Britain leaving the bloc, as it confirmed it would headquarter its EU trading operations in Frankfurt. Business • 20 Jul 17
Citigroup chooses Frankfurt as new EU HQ US bank Citigroup has said it may need to create 150 new jobs in the European Union to deal with the impact of Britain leaving the bloc, as it confirmed it would headquarter its EU trading operations in Frankfurt. Business • 20 Jul 17
Citigroup profit better than expected in first quarter Citigroup has reported a quarterly profit that beat analysts' estimates as trading revenue held up better than the company's forecast and loans grew. Business • 14 Jul 17
Citigroup profit better than expected in first quarter Citigroup has reported a quarterly profit that beat analysts' estimates as trading revenue held up better than the company's forecast and loans grew. Business • 14 Jul 17
Morgan Stanley, Citi plan Brexit job moves:sources US banks Morgan Stanley and Citigroup have identified many of the roles that will need to be moved from Britain following its exit from the European Union, sources involved in the processes told Reuters. Business • 23 Jan 17
Morgan Stanley, Citi plan Brexit job moves:sources US banks Morgan Stanley and Citigroup have identified many of the roles that will need to be moved from Britain following its exit from the European Union, sources involved in the processes told Reuters. Business • 23 Jan 17
Citigroup reports 7% rise in quarterly profit Citigroup has reported a 7% rise in its quarterly profit, wrapping up a strong quarter for big US banks, as trading in bonds and currencies surged following the US presidential election. Business • 18 Jan 17
Citigroup reports 7% rise in quarterly profit Citigroup has reported a 7% rise in its quarterly profit, wrapping up a strong quarter for big US banks, as trading in bonds and currencies surged following the US presidential election. Business • 18 Jan 17
Deutsche Bank agrees to $7.2bn mortgage settlement Deutsche Bank has agreed to a $7.2 billion (€6.89 billion) settlement with the US Department of Justice over its sale and pooling of toxic mortgage securities in the run-up to the 2008 financial crisis. Business • 23 Dec 16
Deutsche Bank agrees to $7.2bn mortgage settlement Deutsche Bank has agreed to a $7.2 billion (€6.89 billion) settlement with the US Department of Justice over its sale and pooling of toxic mortgage securities in the run-up to the 2008 financial crisis. Business • 23 Dec 16
Citigroup's quarterly profit falls 10.5% Citigroup, the fourth-biggest US bank by assets, reported a 10.5% fall in quarterly profit today, hurt by lower revenue from equity trading. Business • 14 Oct 16
Citigroup's quarterly profit falls 10.5% Citigroup, the fourth-biggest US bank by assets, reported a 10.5% fall in quarterly profit today, hurt by lower revenue from equity trading. Business • 14 Oct 16
Citigroup CEO set to meet with Taoiseach next week Citigroup CEO Michael Corbat is scheduled to meet with Taoiseach Enda Kenny next week, as finance executives and politicians continue to grapple with the fallout from Britain’s vote to leave the European Union. Business • 13 Oct 16
Citigroup CEO set to meet with Taoiseach next week Citigroup CEO Michael Corbat is scheduled to meet with Taoiseach Enda Kenny next week, as finance executives and politicians continue to grapple with the fallout from Britain’s vote to leave the European Union. Business • 13 Oct 16
Citigroup's quarterly profit falls by 14% Citigroup has today reported a 14% fall in quarterly profit, much smaller than the 25% drop the bank's chief executive Michael Corbat had warned of early in June. Business • 15 Jul 16
Citigroup's quarterly profit falls by 14% Citigroup has today reported a 14% fall in quarterly profit, much smaller than the 25% drop the bank's chief executive Michael Corbat had warned of early in June. Business • 15 Jul 16
ECB to review four banks it may start to supervise One Irish bank – Citibank Europe Ltd, based in Dublin – is among four euro area banks being assessed by the ECB to see if they meet the criteria for direct regulation from Frankfurt. Business • 10 May 16
ECB to review four banks it may start to supervise One Irish bank – Citibank Europe Ltd, based in Dublin – is among four euro area banks being assessed by the ECB to see if they meet the criteria for direct regulation from Frankfurt. Business • 10 May 16
Citigroup's first quarter profit plunges 27% Citigroup's quarterly profit plunged 27% as the bank set aside money to cover losses on energy loans and its costs related to shrinking some businesses rose. Business • 15 Apr 16
Citigroup's first quarter profit plunges 27% Citigroup's quarterly profit plunged 27% as the bank set aside money to cover losses on energy loans and its costs related to shrinking some businesses rose. Business • 15 Apr 16
Lower legal bill boosts Citi's quarterly profit Citigroup has reported a massive jump in quarterly profit as a sharp drop in legal costs and gains from the disposal of unwanted assets more than made up for weak revenue. Business • 15 Jan 16
Lower legal bill boosts Citi's quarterly profit Citigroup has reported a massive jump in quarterly profit as a sharp drop in legal costs and gains from the disposal of unwanted assets more than made up for weak revenue. Business • 15 Jan 16
Citigroup's profit jumps 51% as costs fall Citigroup reported a 51% jump in quarterly profit as lower costs more than made up for a fall in revenue amid increased market volatility. Business • 15 Oct 15
Citigroup's profit jumps 51% as costs fall Citigroup reported a 51% jump in quarterly profit as lower costs more than made up for a fall in revenue amid increased market volatility. Business • 15 Oct 15
Citi posts highest profit in 8 years as costs fall Citigroup, the third biggest US bank by assets, reported its highest quarterly profit in eight years as restructuring and cost cuts paid off and legal expenses plunged. Business • 20 Jul 15
Citi posts highest profit in 8 years as costs fall Citigroup, the third biggest US bank by assets, reported its highest quarterly profit in eight years as restructuring and cost cuts paid off and legal expenses plunged. Business • 20 Jul 15
Global banks plead guilty on rate rigging Authorities have fined five of the world's largest banks, including JP Morgan Chase & Co and Citigroup, roughly $5.7 billion. Business • 20 May 15
Global banks plead guilty on rate rigging Authorities have fined five of the world's largest banks, including JP Morgan Chase & Co and Citigroup, roughly $5.7 billion. Business • 20 May 15
Citi posts highest quarterly profit in 8 years Citigroup reported its highest quarterly profit in nearly eight years as costs plunged, showing that the bank's efforts to streamline its business are beginning to pay off. Business • 16 Apr 15
Citi posts highest quarterly profit in 8 years Citigroup reported its highest quarterly profit in nearly eight years as costs plunged, showing that the bank's efforts to streamline its business are beginning to pay off. Business • 16 Apr 15
Citigroup Q4 earnings down 86% on legal costs Citigroup today reported an 86% drop in fourth-quarter earnings after paying $3.5 billion in legal charges and repositioning costs. Business • 15 Jan 15
Citigroup Q4 earnings down 86% on legal costs Citigroup today reported an 86% drop in fourth-quarter earnings after paying $3.5 billion in legal charges and repositioning costs. Business • 15 Jan 15
Citigroup to pay $7bn to settle US mortgage suits Citigroup said that it will pay $7 billion to settle charges that it misled investors in its sale of mortgage-linked securities ahead of the financial crisis. Business • 14 Jul 14
Citigroup to pay $7bn to settle US mortgage suits Citigroup said that it will pay $7 billion to settle charges that it misled investors in its sale of mortgage-linked securities ahead of the financial crisis. Business • 14 Jul 14
Citi near deal to pay big fine for shoddy bonds Citigroup is close to paying about $7 billion to resolve a US probe into whether it defrauded investors on billions of dollars worth of mortgage securities in the run-up to the financial crisis Business • 09 Jul 14
Citi near deal to pay big fine for shoddy bonds Citigroup is close to paying about $7 billion to resolve a US probe into whether it defrauded investors on billions of dollars worth of mortgage securities in the run-up to the financial crisis Business • 09 Jul 14
Citigroup sees 3.5% increase in quarterly earnings Citigroup has reported slightly higher quarterly earnings, as lower expenses and credit losses helped offset revenue declines in mortgage finance and trading. Business • 14 Apr 14
Citigroup sees 3.5% increase in quarterly earnings Citigroup has reported slightly higher quarterly earnings, as lower expenses and credit losses helped offset revenue declines in mortgage finance and trading. Business • 14 Apr 14
