Goldman Sachs slapped with US$120mln penalty by US derivatives regulator
The case, brought by the US Commodity Futures Trading Commission was the latest in a series of probes into manipulation of a variety of global benchmarks by the big banks.
Company
Citigroup Inc
NYSE:C
Citigroup Inc is a preeminent banking partner for institutions with cross-border needs, a global leader in wealth management and a valued personal bank in its home market of the United States. The company does business in nearly 160 countries and jurisdictions, providing corporations, governments, investors, institutions and individuals with a broad range of financial products and services.
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US stocks hit record high, oil gains on OPEC hopes
US stocks chalked a fresh record high on Monday as the “Trump trade” was back on and oil stocks were the main risers on renewed hopes OPEC will agree on supply curbs later this month
US top stocks end flat but many others chalk record highs
US stocks closed mixed on Monday, as the S&P 500 ended flat while the Dow Jones Industrial Average notched up a third successive record high close and smaller caps posted record highs too
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Trending: Energy isn’t out of the woods, but bank balance sheets turn better
Oil prices have some way to go to start an ascent from recession, but already banks are starting to feel calmer about the asset
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US stocks cling to gains after Yellen says its ok to delay rate hikes
US shares clung to the thinnest gains on Friday after Fed chair Janet Yellen hinted at a delay to raising interest rates
US stocks tumble after Deutsche Bank investors flee
US stocks closed sharply lower on Thursday, unwinding most of the previous day’s oil-fuelled rally, after the latest Deutsche Bank developments weighed on banks
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Oracle shares fall despite reiterated recommendation
Tech group Oracle Corp was reiterated as Neutral with a share price target of $41 by brokers at Wedbush on Friday but Novavax shares endure a drubbing
Wall St shares close higher, led by bank stocks
US shares closed higher on Monday, as bank stocks swelled on rising expectations of a Fed rate hike next month, Mylan shares repair after peace offer and American Airlines chief flies to United
US shares firm as bank stocks sense rate hike
US shares were firm at midsession on Monday after a broad-based gain and headwinds from higher banking stocks
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Trending: MetLife says it’s not Too Big To Fail
The US - and later global – credit crunch of 2008 may seem like a nasty war that’s been and gone and read about in schoolchildren’s history lessons on modern USA, but on Wednesday there was a wake-up call that the ghosts of the crisis are s
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Trending: European banks on Wall Street face tricky times ahead
If European banks trading in the United States did not have enough problems to contend with back at HQ they certainly are nervous about the future in the big Apple too. Most of the European banks came through their European Union stress tes
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Trending: US boardrooms talk Brexit before Britain knows its full meaning
Britain’s decision to quit the European Union last month is a bit like a vague black hole, but still investor relations departments from across the United States are signing off company earnings reports and taking questions from analysts wh
US stocks record a fresh record high close, but Netflix dives after hours
US stocks closed firm on Monday, with the bellwether S&P 500 marking a fresh record high, after Bank of America earnings buoyed the market
US stocks punch higher after Turkey and earnings results upset sentiment
US stocks rose on Monday, after opening with a mild nosebleed, struggling for direction as investors analysed the turmoil of Turkey’s failed coup and with the second quarter earnings season continuing to pick up pace from last week’s launch
US big stocks fail to deliver a record week, but small-caps make history
US stocks pared losses on Friday despite geopolitical risks, and although they were unable to deliver the best Monday-to-Friday of record-breaking gains since 1998, still they yielded the third successive week of gains
US shares dip as travel stocks hurt following Nice resort attacks
Wall Street shares gave back initial gains by midsession on Friday as travel stocks were among the most bruised following a terror attack on the Nice resort in France overnight
US stocks extend to intraday record high after opening
US stocks opened higher on Friday and eyed what may be the first week since 1998 that the S&P 500 index marked a week of record high closes
Citigroup Q2 revenue and profit drop less than forecast
Citigroup Inc reported forecast-beating second quarter earnings on Friday, sending its pre-market share price up by 0.6% to $44.71 ahead of the Wall Street opening
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Trending: US domiciled banks de-stress after the Fed
Thursday was a good day to be a bank in the United States, so long as you were a US bank in the United States. The sector dominated the top tickers on Wall Street after the Federal Reserve's stress tests approved the capital plans for 31 of
Wall Street against its own wall as S&P 500 just holds onto 2,000 as Brexit bites
Wall Street’s top ticker held the 2,000 level – just – but smaller caps were punished as the rout following the UK’s decision to quit the European Union continued to find casualties on Monday
US S&P 500 index holds 2000 as Brexit woes deepen, oil prices drop sharply
US stocks clung to the 2000 level at midsession on Monday, after earlier dipping below that level for the first time since March, as north American investors continued to absorb the shock news of the UK’s decision to quit the European Union
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Trending: Talen takeover revision could lead to a scrum but Citigroup out of favour
A serenade for the affections of Talen Energy Corporation might develop after lawyers acting on behalf of its investors said on Friday they are probing whether a takeover deal is good enough. Meanwhile, Citi could be facing a 25% drop in Q2
Trending: Fed gets hawkish, bank stocks gain
Minutes from the Federal Reserve's April monetary meeting have blown away hopes that rates would remain capped for the remainder of 2016 as the majority of regional central bankers said a June hike would be "appropriate" if data allows
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Blue-chips in the red but small and medium caps make headway
S&P 500: -2 at 2,081 S&P 400: +6 at 1,465 Russell 2,000: +2 at 1,131
Stocks mark time ahead of oil producers meeting
The mid-cap and small-cap indices are little changed
Industrial production adds to US investors' woes
GDP data from China was discouraging, and so was US industrial production
Stocks set to slide after Chinese economic growth cools
Growth of 6.7% would be great for most economies ... but not China
Citigroup shares up as London job cuts reports swirl
Shares in investment giant Citigroup Inc nudged higher as reports emerged it was planning to axe staff in the financial hub - the City of London.
Leap year session favours Consol Energy but not Lumber Liquidators
As Wall Street indexes struggled to head to a "leap year close" to end the month higher than January, Consol Energy bucked the trend
US: Wall Street shares slip on open as oil weighs
The US followed European shares, which headed south and as the volatile oil market came into focus again.
No deal on oil supply cut drives Wall Street shares lower
Wall St shares retreat after snag in oil supply cuts
Wall Street slides on oil slick
Energy stocks are hit especially hard as the price of oil drops below $30 a barrel
Verizon is mulling $10bn asset sale: Reuters
Shares of the largest U.S. wireless carrier trimmed losses on the news
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Wall Street speeds up gains as financials boost rally
Investors assess key bank earnings, mostly soft economic data.
Dow Jones racks up triple digit gain
Yesterday's falls are just a bad memory, as Citigroup leads the rally
U.S. Risers/Fallers: Citi, Goldman Sachs, Philip Morris, Seagate, Syngenta, Netflix, Garmin
Below are the main news-driven share price movements at 2 p.m. in New York.
US stocks bounce back on "bad is good" economic data
Stocks are on the comeback trail after yesterday's biffing.
Citigroup's profits surge as legal issues recede
Living just enough for the Citi - earnings topped expectation for the third quarter in a row
BoA, JP Morgan and Wells Fargo among the fallers after job stats disappoint
America’s unemployment rate, meanwhile, remained unchanged at 5.1%.
Wall Street gains on upbeat earnings reports, renewed Greece hopes
Wall Street headed higher today following a batch of upbeat earnings reports and as Greece’s Parliament passed austerity measures needed to secure a fresh bailout. The S&P 500 (INDEXSP:.INX) rose 0.7 percent to 2,123.51 at 3:41 p.
Wall Street set to open higher as Greek concerns abate; Citi, Philip Morris rise
U.S. stock-index futures advanced as investors assessed earnings and welcomed Greek parliamentary approval of a bailout plan. Futures on the S&P 500 index rose 0.4 percent to 2113. E-mini Dow futures gained 0.4 percent to 18056. E-mini
Wall Street trades lower in late trade; Barnes & Noble, Winnebago decline
U.S. stocks headed sharply lower in late trading today as losses among industrials, energy and financials weighed on broader indexes, while investors watched for a breakthrough in Greek debt talks. The S&P 500 (INDEXSP:.INX) fell 0.2 pe
U.S. stock-futures trade higher amid labour-market data
U.S. stock-index futures were trading higher today, with updates about the labor market and consumer spending on tap, while investors eye speeches by Federal Reserve officials as interest-rate hikes loom. Futures for the Dow Jones Industria
Wall Street rises as investors take positive read on mixed data; OM surges
Wall Street rose today, the first day of trade for June, as investors took a positive read on mixed second quarter economic reports. The S&P 500 (INDEXSP:.INX) rose 0.4 percent to 2,115 at 3:31 p.m. in New York. The 30-company Dow Jones
U.S. stock-index futures rise as investors weigh China data; Intel, Altera gain
U.S. stock-index futures advanced as investors focused on the bright spots in China's factory activity data. Futures for the Dow Jones Industrial Average rose 0.3 percent to 18,064, while those for the S&P 500 were up 4.75 points to 2,1
US unit of Citigroup's Banamex division investigated for fraud
The Department of Justice suspects Banamex USA of having omitted fraudulent activity in connection to bank accounts likely belonging to members of drug cartels, suggests the WSJ