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Citigroup Inc

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  • Dec 19- The biggest investor in Meredith Whitney's hedge fund has demanded his money back and two executives have left in the past month, Bloomberg reported, citing a person with knowledge of the firm. Chief Financial Officer Andrew Turchin has also exited, Bloomberg said, quoting the source. Whitney's fund started trading in November 2013 with about $50 million...

  • Midday Glance: Banks companies Friday, 19 Dec 2014 | 1:25 PM ET

    Bank of America Corp. rose$. 05 or. 3 percent, to $17.58. Citigroup Inc. fell$. 11 or. 2 percent, to $53.99. Goldman Sachs rose $1.55 or. 8 percent, to $193.16.

  • Early Glance: Banks companies Friday, 19 Dec 2014 | 10:20 AM ET

    Bank of America Corp. rose$. 11 or. 6 percent, to $17.64. Citigroup Inc. fell$. 09 or. 2 percent, to $54.01. Goldman Sachs rose $1.87 or 1.0 percent, to $193.48.

  • HONG KONG, Dec 19- Hong Kong's de facto central bank said it found no evidence of rigging in Hong Kong's foreign exchange benchmark following an 18- month investigation into the trading operations of 10 banks. However, it identified "inappropriate" behavior by individual traders at Standard Chartered and Deutsche Bank. The HKMA began the investigation into...

  • Final Glance: Banks companies Thursday, 18 Dec 2014 | 8:08 PM ET

    Bank of America Corp. rose$. 27 or 1.6 percent, to $17.53. Citigroup Inc. rose $1.65 or 3.1 percent, to $54.10. US Bank rose $1.42 or 3.2 percent, to $45.34.

  • Midday Glance: Banks companies Thursday, 18 Dec 2014 | 1:48 PM ET

    Bank of America Corp. rose$. 17 or 1.0 percent, to $17.43. Citigroup Inc. rose $1.18 or 2.2 percent, to $53.63. Goldman Sachs rose $5.02 or 2.7 percent, to $190.05.

  • *Russia would have to raid "rainy day" funds. LONDON, Dec 18- Defending the rouble has cost Russia around $80 billion this year, and depending on who's doing the calculations, its usable hard currency reserves are now either starting to run low, or at a healthy $400 billion- plus. Russia's currency has lost about 45 percent against the dollar this year due to diving...

  • Early Glance: Banks companies Thursday, 18 Dec 2014 | 11:11 AM ET

    Bank of America Corp. rose$. 17 or 1.0 percent, to $17.43. Citigroup Inc. rose $1.15 or 2.2 percent, to $53.60. Goldman Sachs rose $5.46 or 3.0 percent, to $190.49.

  • *UK retail sales beat forecasts to rise 6.4 pct y/y in Nov. *GRAPHIC: UK retail sales http://link.reuters.com/raz24v. The Office for National Statistics said the volume of goods bought at British stores last month jumped by 6.4 percent from November 2013.

  • Final Glance: Banks companies Wednesday, 17 Dec 2014 | 7:08 PM ET

    Bank of America Corp. rose$. 54 or 3.2 percent, to $17.26. Citigroup Inc. rose $1.28 or 2.5 percent, to $52.45. Goldman Sachs rose $1.72 or. 9 percent, to $185.03.

  • TABLE-Reuters U.S. primary dealer poll results Wednesday, 17 Dec 2014 | 6:46 PM ET

    NEW YORK, Dec 17- These are the results of Reuters poll of U.S. primary dealers following the latest Federal Open Market Committee meeting on Wednesday. For the related story click. Primary Dealer When do Will the Where do Where do Would a.

  • NEW YORK, Dec 17- The U.S. dollar posted its biggest daily gain against major currencies since early October on Wednesday after the Federal Reserve signaled it was on track to hike interest rates sometime next year. "Markets are taking the dollar higher, as they should be, because the Fed is on track to hike rates in 2015," said Win Thin, currency strategist at Brown...

  • Midday Glance: Banks companies Wednesday, 17 Dec 2014 | 1:17 PM ET

    Bank of America Corp. rose$. 36 or 2.2 percent, to $17.08. Citigroup Inc. rose$. 67 or 1.3 percent, to $51.84. Goldman Sachs rose $2.66 or 1.5 percent, to $185.97.

  • But for base metals the defining "black swan" event of the year was the Qingdao port scandal, news of which first broke at the end of May. The scandal has generated a deluge of lawsuits, the first of which has been publicly playing out in London's High Court as U.S. bank Citigroup and trade house Mercuria lock horns over $270 million worth of affected deals.

  • Early Glance: Banks companies Wednesday, 17 Dec 2014 | 10:16 AM ET

    Bank of America Corp. rose$. 20 or 1.2 percent, to $16.92. Citigroup Inc. rose$. 43 or. 8 percent, to $51.60. Goldman Sachs rose $2.47 or 1.3 percent, to $185.78.

  • LONDON, Dec 17- Russian oil giant Rosneft is expected to repay a $7.6 billion portion of a bridge loan that matures on Sunday, bankers close to the deal said. The loan is part of a larger $12.7 billion, two-year bridge loan signed in December 2012 that backed Rosneft's acquisition of oil company TNK-BP. The loan providers are confident the repayment will happen,...

  • SYDNEY, Dec 17- An uneasy calm settled on Asian markets on Wednesday as a brewing financial crisis in Russia and the rout in oil prices sent investors scurrying for the cover of top-rated bonds. Yields on British, German and Japan sovereign debt had all hit record lows while long-dated U.S. yields reached their lowest since late 2012.. MSCI's index of Asia-Pacific...

  • *Japanese lenders also planning to offer new services in India. MUMBAI, Dec 17- Faced with a shrinking economy and tepid loan demand at home, Japan's largest banks are looking to bolster their presence in India, enthused by Prime Minister Narendra Modi's reform agenda and improving ties between the two countries. Standard Chartered, the biggest foreign player in...

  • Final Glance: Banks companies Tuesday, 16 Dec 2014 | 6:41 PM ET

    Bank of America Corp. fell$. 13 or. 8 percent, to $16.72. Citigroup Inc. fell $1.62 or 3.1 percent, to $51.17. Goldman Sachs fell $2.23 or 1.2 percent, to $183.31.

  • SYDNEY, Dec 17- World markets braced for more volatility on Wednesday as tumbling oil prices and a brewing financial crisis in Russia sent investors stampeding for safe havens such as the yen and U.S. The jump in the yen is likely to pressure Japan's Nikkei while fears of capital flight will haunt emerging markets across Asia. MSCI's index of Asia-Pacific shares...