Citigroup News

As one of the major banks in the United States, Citigroup is currently charting a path in the post-2008 financial crisis era. The best way to stay up-to-date with its progress, stock position and products is through the Wiser daily Citigroup news email. It is a huge bank, with $1.8 trillion in assets and a presence all over the world. It has two main areas of business. The first is in consumer and business banking, and the second is its brokerage and asset management business. It was founded in 1998 in what was at the time one of the biggest corporate mergers in history. Today its chief executive officer is Mike Corbat. On a corporate level, it is still recovering from the huge losses of 2008 and the government-backed rescue. On a local level, it is a bank responsible for the deposits, loans and mortgages of millions of individual Americans and hundreds of thousands of businesses. Whatever part of the Citigroup story you are interested in you will get the information you need with our daily digest. Sign up today for this free email that is packed with the latest Citigroup news from the best sources on the internet.

Recent Citigroup News Coverage
 
Your Weekly Recommendations Saturday, February 25, 2017
 
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Citigroup focus of federal probe into foreign hiring practices
MarketWatch
Citi Says U.S. Regulators Are Investigating Its Foreign Hiring Practices
Bloomberg • Dakin Campbell
U.S. Stocks Gain as Dow Caps Historic 11-Day Streak at Close
Bloomberg • Oliver Renick
Citi says U.S. regulators are investigating its hiring practices
Reuters
The New York Fed Explains Why a Border Tax Won’t Help the U.S. Economy
The Wall Street Journal • Paul Vigna
Is The Financial Services Industry Ripe For Disruption?
Forbes • Cio Central Guest, Contributor
How banks are using Watson
Digiday • Tanaya Macheel
Fintech, the Buzzword Finance Loves and Hates: QuickTake Q&A
Bloomberg • Edward Robinson
Bank Of America And Citi Are Leading Bank Performance
Seeking Alpha • Fig Ideas
LPC: CLO spreads at lowest level since 2013 a boon for new issuance
Reuters • Kristen Haunss
 
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Bank of America, Citigroup Inc
Citigroup focus of federal probe into foreign hiring practices
MarketWatch
Citigroup Inc. said late Friday that federal officials have launched a probe into the bank's foreign hiring practices, according to a Securities and Exchange Commission filing. "Government and regulatory agencies in the U.S., including the SEC, are conducting investigations or making inquiries...
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Bank of America, Citigroup Inc
Citi Says U.S. Regulators Are Investigating Its Foreign Hiring Practices
BloombergDakin Campbell
Citigroup Inc. said U.S. authorities including the Securities and Exchange Commission are investigating the bank’s hiring of employees with ties to foreign government officials. The lender is cooperating with the probes, New York-based Citigroup said Friday in an annual regulatory filing. The...
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Bank of America, Citigroup Inc
U.S. Stocks Gain as Dow Caps Historic 11-Day Streak at Close
BloombergOliver Renick
U.S. equities advanced amid gains in utilities and phone stocks and a last-minute surge that saw the Dow Jones adding 77 points in the final hour of trading. The S&P 500 index added 0.2 percent to turn positive after spending the day...
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Bank of America, Citigroup Inc
Citi says U.S. regulators are investigating its hiring practices
Reuters
(Reuters) - Citigroup Inc on Friday said that U.S. government and regulatory agencies are investigating the bank's hiring practices.
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Citigroup Inc, Economic Policy
The New York Fed Explains Why a Border Tax Won’t Help the U.S. Economy
The Wall Street JournalPaul Vigna
Traders have been putting their faith in the everything rally since was elected president, pushing the Dow Jones Industrial Average up more than 13%. The bet is that a pro-business administration will enact pro-business policies that will do great things for the...
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American Express Co, Bank of America
Is The Financial Services Industry Ripe For Disruption?
ForbesCio Central Guest, Contributor
With reports in this week that Amazon is rumored to be exploring the potential acquisition of Capital One, an innovator in financial services marketing, is it too far-fetched to ask whether the financial services industry may be on the cusp of the...
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Citigroup Inc, Finance
How banks are using Watson
DigidayTanaya Macheel
Despite banks’ simultaneous excitement and fear of artificial intelligence as perhaps one of the most transformative technologies for their business, they’ve been quieter about IBM’s Watson. Watson is a cognitive technology and super-computer comprising AI that “learns” how to draw conclusions from...
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Citigroup Inc, Federal Reserve
Fintech, the Buzzword Finance Loves and Hates: QuickTake Q&A
BloombergEdward Robinson
You’ve heard it at conferences, in meetings and maybe even bandied about at dinner parties. Ever since a wave of financial technology startups emerged after the 2008 subprime mortgage crack-up, "fintech" has become shorthand for a digital revolution that could sweep away...
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Bank of America, Citigroup Inc
Bank Of America And Citi Are Leading Bank Performance
Seeking AlphaFig Ideas
Summary Lower PE banks are doing well, with BAC and Citi standing out. Lower PE banks have stayed ahead over the last year and last five years too. Value works in banks: own BAC, Citi, Fifth Third and KeyCorp. Bank of America:...
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Citigroup Inc, Wells Fargo & Co.
LPC: CLO spreads at lowest level since 2013 a boon for new issuance
ReutersKristen Haunss
Feb 23 US Collateralized Loan Obligation (CLO) debt investors are receiving some of the lowest coupons since 2013, helping to counter a massive loan repricing wave, which should boost the issuance of new funds. GSO Capital Partners raised a US$611.4m CLO Wednesday...
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