Tag archive for ‘Citigroup’
Jewish Business News On Tuesday, February 10th, 2015

Canary Wharf Celebrates Tu B’Shvat with Tree Planting

In celebration of the Jewish festival of Tu B’Shvat, Canary Wharf Group hosted festivities for the local Jewish community with a special tree planting ceremony in Jubilee Park last week. The joyful occasion More...

Vered Weiss On Thursday, January 29th, 2015

AG Schneiderman Demands More Forgiving Approach to Credit Histories

Citibank, a division of Citigroup, reached an agreement with New York Attorney General Eric Schneiderman to take a more merciful approach to screening for savings and checking accounts. Schneiderman wants More...

Vered Weiss On Wednesday, January 21st, 2015

FXCM Bailout by Richard Handler and Leucadia Might Be Just a Band-Aid

The last minute bailout of FXCM with a $300 million loan from Leucadia may turn out to be only a bandaid as the stock of FXCM plummeted when details of the deal were announced, according to Bloomberg. The More...

Vered Weiss On Wednesday, January 14th, 2015

Citigroup To Sell Egyptian Bank Business, Kuwait’s Americana Sale On Hold

  Citigroup is selling off its consumer banking business in Egypt, and has ten bids in all, although there is no indication of the amount of the bids, as reported by Reuters. Citi’s net investment More...

Vered Weiss On Sunday, January 11th, 2015

Founder Richard Schulze Sells a Bunch of Best Buy

    Shares of Best buy were down on Friday 3.9% after selling from a major shareholder and founder, Richard Schulze, who lightened his position in the retailer by selling 1, 600, 000 shares at More...

Vered Weiss On Wednesday, December 31st, 2014

Goldman Sachs Pays UK Bankers Double

Goldman Sachs pays its bankers in the U.K. twice the pay its closest U.S peers shell out, according to Bloomberg. Goldman Sachs employees took home $4.72 million in cash bonuses and stock. More than two thirds More...

Vered Weiss On Monday, December 29th, 2014

NY Attorney General Takes on Credit Suisse

NY Attorney General Eric Schneiderman is taking on Credit Suisse over allegedly deceiving investors over mortgage-backed securities. The Swiss bank tried to have the case dismissed, but unsuccessfully, as More...

Vered Weiss On Friday, December 19th, 2014

Economist Simon Johnson: Citigroup Might Get Broken Into Pieces

–   Former IMF Chief Economist Simon Johnson thinks Citigroup will and should be broken up, as reported by ValueWalk. Treasury Secretary Jack Lew, who held a position at Citigroup, also entered More...

Reuters On Tuesday, December 9th, 2014

Exclusive: JCDecaux eyes Clear Channel Outdoor European assets – sources

–   JCDecaux SA , the world’s biggest outdoor advertising group, is exploring a bid for the European advertising assets of U.S. rival Clear Channel Outdoor Holdings Inc , according to More...

Reuters On Saturday, December 6th, 2014

Citi’s credit card business in Japan gets joint bid from three buyers: Nikkei

– Three companies have emerged to make a joint bid for Citigroup Inc’s credit card business in Japan, the Nikkei reported, as the U.S. lender goes ahead with plans to exit consumer banking in More...

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