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Citigroup Inc

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  • TOKYO, Aug 20- Citigroup Inc is considering the sale of its Japanese retail unit and has approached about 10 banks, a source with direct knowledge of the matter said on Wednesday, as the U.S. banking company struggles to turn around its Japanese operations.

  • NEW YORK, Aug 19- Citigroup Inc's general counsel for its global consumer business, Stephen Simcock, is leaving the bank "to pursue another opportunity," a spokeswoman said on Tuesday. Anita Romero, formerly head of the corporate legal department, will replace Simcock, spokeswoman Elizabeth Fogarty said by email.

  • Final Glance: Banks companies Tuesday, 19 Aug 2014 | 6:08 PM ET

    Citigroup Inc. rose$. 19 or. 4 percent, to $49.70. Goldman Sachs fell$. 59 or. 3 percent, to $173.96. JPMorgan Chase rose$. 33 or. 6 percent, to $57.56.

  • Aug 19- Southeastern Grocers LLC, which operates supermarket chains Winn- Dixie and BI-LO, called off its plans for an initial public offering, joining a list of companies that have pulled their offerings this year. The company runs more than 650 BI-LO and Winn- Dixie stores in southeastern U.S. states of Florida, Alabama, Louisiana and Georgia.

  • Midday Glance: Banks companies Tuesday, 19 Aug 2014 | 4:03 PM ET

    Bank of America Corp. rose$. 04 or. 3 percent, to $15.49. Citigroup Inc. rose$. 39 or. 8 percent, to $49.90. Goldman Sachs fell$. 51 or. 3 percent, to $174.04.

  • COLUMN-The problem with Jackson Hole: James Saft Tuesday, 19 Aug 2014 | 3:00 PM ET

    While the Kansas City Fed's conference has been held every August since 1978 a quick check of Google shows the world only showed small interest in it until 2006. That, of course, was the last year before the financial crisis took hold, since when there has been an annual spike in stories detailing what Jackson Hole participants may say, what they actually did say, and how much markets went up after they said it.

  • Aug 19- Southeastern Grocers LLC, which operates supermarket chains Winn-Dixie and BI-LO, said on Tuesday it would withdraw its plans for an initial public offering. The Jacksonville, Florida- based company filed with the U.S. Securities and Exchange Commission in September for an IPO of up to $500 million.

  • Citi tells court its Argentina banking license at risk Tuesday, 19 Aug 2014 | 12:27 PM ET

    NEW YORK, Aug 19- Citigroup has told the U.S. appeals court overseeing the dispute between Argentina and hedge funds refusing to accept terms of the country's debt restructuring that its Argentine banking license may be at risk as a result of the standoff. Citi expects to receive about $5 million from Argentina ahead of its next coupon payment deadline of Sept. 30.

  • Aug 19- Citigroup Inc is considering the sale of its retail-banking business in Japan, the Wall Street Journal said on Wednesday, citing people familiar with the matter. Citigroup is considering a possible auction for the sale, the Journal reported.

  • NEW YORK, Aug 19- The U.S. dollar hit nine-month highs against the euro and rose against a basket of major currencies on Tuesday after strong U.S. housing data bolstered expectations for an earlier-than-expected rate hike from the Federal Reserve.

  • Aug 18- Ingersoll-Rand Plc, a maker of heating and air conditioning systems, said it would buy Cameron International Corp's centrifugal compression unit for $850 million. Ingersoll-Rand said it planned to fund the acquisition through a combination of cash on hand and debt.

  • Final Glance: Banks companies Monday, 18 Aug 2014 | 6:02 PM ET

    Bank of America Corp. rose$. 23 or 1.5 percent, to $15.45. Citigroup Inc. rose$. 79 or 1.6 percent, to $49.51. JPMorgan Chase rose$. 48 or. 8 percent, to $57.23.

  • The 2010 Dodd-Frank law, enacted by Congress to crack down on Wall Street excesses, curtailed those powers. Fifteen lawmakers from both political parties and both houses of Congress said on Monday that the Fed has not done enough on its own to adequately limit its crisis lending powers.

  • U.S. lawmakers slam Fed's crisis lending proposal Monday, 18 Aug 2014 | 5:08 PM ET

    The 2010 Dodd-Frank law, enacted by Congress to crack down on Wall Street excesses, curtailed those powers. Fifteen lawmakers from both political parties and both houses of Congress said on Monday that the Fed has not done enough on its own to adequately limit its crisis lending powers.

  • Cell phone tower operator T4U files for Brazil IPO Monday, 18 Aug 2014 | 4:13 PM ET

    SAO PAULO, Aug 18- T4U Holding Brasil SA, the country's No. 5 mobile phone tower operator, plans to sell shares in an initial public offering as soaring demand for high-speed Internet spurs the construction of thousands of towers in Latin America's largest country.

  • *Expects deal to add 18- 21 cents/ share to 2015 earnings. Aug 18- Sensors and electrical controls maker Sensata Technologies Holding NV said it would buy Schrader International to meet growing demand for sensors to monitor car-tire pressure.

  • Early Glance: Banks companies Monday, 18 Aug 2014 | 10:29 AM ET

    Bank of America Corp. rose$. 12 or. 8 percent, to $15.34. JPMorgan Chase rose$. 44 or. 8 percent, to $57.19. US Bank rose$. 44 or 1.1 percent, to $41.71.

  • LONDON, Aug 18- Europe's corporate earnings recovery has increased dividend payouts by the most in five years, data showed on Monday, and low interest rates and a further rise in profits should keep payouts flowing.

  • Aug 18- Sensors and electrical controls maker Sensata Technologies Holding NV said it would buy Schrader group of companies for an enterprise value of $1 billion to benefit from a growing market for tire pressure monitoring sensors.

  • Aug 18- Ingersoll-Rand Plc, a maker of heating and air conditioning systems, said it would buy Cameron International Corp's centrifugal compression unit for $850 million. Ingersoll-Rand said it planned to fund the acquisition through a combination of cash on hand and debt.