GO
Loading...

Enter multiple symbols separated by commas

Citigroup Inc

More

  • BOSTON/ LONDON, July 6- Jeff Feig, the co-chief investment officer of hedge fund Fortress Investment Group LLC's macro fund is leaving the company after less than a year, with Michael Novogratz becoming sole CIO, three sources with knowledge of the changes said. Feig, 48, joined Fortress less than a year ago from Citigroup Inc, where he was a foreign exchange...

  • LONDON, July 6- Foreign exchange markets reserved judgment on Greece's place in the euro and the overall solidity of the common currency project on Monday, prodding the euro just over half a cent lower after Greeks voted' No' to further austerity. The euro had sunk below $1.10 in initial trade in Asia after a vote that a number of major banks said made a' Grexit' the most...

  • *European partners say await new proposals from Greece. ATHENS/ FRANKFURT, July 6- Greece's outspoken finance minister resigned on Monday, removing a major obstacle to any deal to keep Athens in the euro zone after Greeks voted resoundingly to back the government in rejecting the austerity terms of a bailout. Yanis Varoufakis, an avowed "erratic Marxist"...

  • *Family-owned company seeking to expand in US, Asia. The company, which specialises in exhaust technology as well as heating and air conditioning systems, has mandated Citi to help it look at strategic options, including whether to continue without new tie-ups, the sources said. "Eberspaecher does not necessarily need money and partnering with a peer would be...

  • ATHENS/ FRANKFURT, July 6- Greece's outspoken finance minister resigned on Monday, removing a major obstacle to any deal to keep Athens in the euro zone after Greeks voted resoundingly to back the government in rejecting the austerity terms of a bailout. Yanis Varoufakis, a self-proclaimed "erratic Marxist" economist who infuriated euro zone partners with his...

  • Greece's banks could run out of cash within days and the European Central Bank's decision about whether to extend emergency liquidity will be crucial. Banks across Europe were hit by the threat that Greece's problems could spill over to other countries and derail an economic recovery, especially in other peripheral euro zone countries.

  • LONDON, July 6- Foreign exchange markets reserved judgment on Greece's place in the euro and the overall solidity of the common currency project on Monday, prodding the euro less than half a percent lower after Greeks voted' No' to further austerity. The euro had sunk below $1.10 in initial trade in Asia after a vote that a number of major banks said made a' Grexit' the...

  • LONDON, July 6- European shares were set for steep falls on Monday, the euro stumbled and yields on weaker euro zone economies' bonds rose after Greece's overwhelming vote against conditions of a rescue package endangered its future in the euro zone. In the wake of Sunday's' No' vote against the bailout conditions demanded by Greece's creditors, bankers said the...

  • ATHENS/ FRANKFURT, July 6- Greece's outspoken finance minister resigned on Monday, removing a major obstacle to any last-minute deal to keep Athens in the euro zone after Greeks voted resoundingly to reject the austerity terms of a bailout. With banks shuttered, cash machines running out of banknotes and sympathy for Athens among EU governments close to...

  • *China shares struggle to rally despite Beijing support measures. SYDNEY/ TOKYO, July 6- Asian stocks hit a six-month trough and the euro stumbled on Monday after a Greek vote against austerity measures endangered its future in the single currency and raised the risk of a full-blown crisis in the euro zone. A rush from risk took MSCI's broadest index of...

  • *China shares rally as Beijing steps up support measures. SYDNEY/ TOKYO, July 6- Asian stocks and the euro stumbled on Monday after a Greek vote against austerity measures endangered its future in the single currency and raised the risk of a full-blown crisis in the euro zone. Japan's Nikkei share index fell 1.4 percent while MSCI's broadest index of Asia-Pacific...

  • SYDNEY/ TOKYO, July 6- The euro and stock prices fell sharply in Asia on Monday after the Greeks had overwhelmingly rejected austerity measures demanded in return for bailout money, putting in doubt its continued place in the single currency. U.S. equity futures dropped around 1.4 percent while Japan's Nikkei shares fell 1.4 percent and MSCI's broadest index of...

  • SYDNEY, July 6- The euro fell sharply in Asia on Monday after polls suggested the Greeks had overwhelmingly rejected austerity measures demanded in return for bailout money, putting in doubt its continued place in the single currency. Oil prices also took a spill with Brent crude falling 67 cents to $59.65 a barrel. While the price action was choppy, dealers...

  • *JPMorgan says Grexit now more likely than not. Many economists, including those at U.S. banking giant JPMorgan, reckon the outcome of Sunday's referendum will probably hasten Greece's exit from the euro. "Although the situation is fluid, at this point Greek exit from the euro appears more likely than not," JPMorgan's Malcolm Barr told clients on Sunday evening,...

  • *Reporting season kicks off on July 8 with Alcoa. "What will be very important over the next few weeks is whether we start to see some supply responses emerging during the corporate results period," said Nicholas Snowdon, metals analyst at Standard Chartered in London. "Over the past six months Vale, BHP and Rio have independently suggested either cuts to existing...

  • SAO PAULO, July 3- Swiss lender UBS AG made a whistleblower deal with Brazilian authorities investigating the suspected rigging of Brazil's currency market and will receive no punishment in the case, a local newspaper reported on Friday. Foreign exchange trading in Brazil is estimated at about $3 trillion a year, excluding swaps and derivative transactions.

  • July 3- Health insurer Aetna Inc said it would buy smaller rival Humana Inc for about $37 billion in cash and stock, in the largest ever deal in the insurance industry. The combination will push Aetna close to Anthem Inc's No.2 insurer spot by membership, and would nearly triple Aetna's Medicare Advantage business. Antitrust authorities, who were aggressive in...

  • The rout in China's stock markets has wiped out trillions of dollars of market capitalization in Shanghai and Shenzhen's stock markets. Financial spreadbetters expected Britain's FTSE 100 to open down 0.1 percent, Germany's DAX up 0.2 percent, and France's CAC 40 or 0.3 percent higher. "Some of the stocks which have seen bubbly valuations in China have been the...

  • HONG KONG, July 3- Asian stocks fell on Friday as China's stocks plunged and growing caution before Greece's weekend referendum prompted investors to cut risky bets, while disappointing U.S. employment data weighed on the dollar. The rout in China's stock markets has wiped out trillions of dollars of market capitalization in Shanghai and Shenzhen's stock...

  • FOREX-Dollar dips after disappointing U.S. jobs data Thursday, 2 Jul 2015 | 8:44 PM ET

    *Investors cautious ahead of Greece's referendum on Sunday. TOKYO, July 3- The dollar slipped in early Asian trading on Friday, as disappointing U.S. employment data and caution ahead of Greece's referendum on bailout conditions kept the market mood subdued. The euro edged down about 0.1 percent to 136.31 yen, while gaining about 0.1 percent against its U.S....