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Citigroup Inc

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  • *To file criminal changes against Alstom imminently. David Green, who announced on Monday that the SFO would join U.S. prosecutors and regulators worldwide in investigating allegations of misconduct in the $5.3 trillion- per-day foreign exchange market, said he had "reasonable grounds" to suspect that an offence of serious or complex fraud was involved.

  • Final Glance: Banks companies Tuesday, 22 Jul 2014 | 6:02 PM ET

    Citigroup Inc. rose$. 25 or. 5 percent, to $49.60. Goldman Sachs rose $3.30 or 1.9 percent, to $175.02. JPMorgan Chase rose$. 43 or. 7 percent, to $58.67.

  • Corn extends slump; grain price at four-year low Tuesday, 22 Jul 2014 | 3:44 PM ET

    Corn for delivery in September dropped 3.75 cents, or 1 percent, to $3.68 a bushel on Tuesday. "The weather conditions are beyond good," said Sterling Smith, a commodities analyst at Citigroup. Soybeans for the same month dropped 13.75 cents, or 1.3 percent, to $10.58 a bushel.

  • NEW YORK, July 22- A U.S. judge ordered Argentina and investors who did not participate in the country's past debt restructurings to meet "continuously" with a court-appointed mediator until a settlement is reached, warning of the threat of a new default.

  • Midday Glance: Banks companies Tuesday, 22 Jul 2014 | 1:57 PM ET

    Bank of America Corp. fell$. 01 or percent, to $15.52. Citigroup Inc. rose$. 35 or. 7 percent, to $49.70. Goldman Sachs rose $3.05 or 1.8 percent, to $174.77.

  • Early Glance: Banks companies Tuesday, 22 Jul 2014 | 11:16 AM ET

    Bank of America Corp. rose$. 01 or. 1 percent, to $15.53. Citigroup Inc. rose$. 21 or. 4 percent, to $49.56. Goldman Sachs rose $1.57 or. 9 percent, to $173.29.

  • *But as yields tick up, buyers of Portugal debt come in. LONDON, July 22- Portuguese bonds' worst week of the year shows that even when the headlines are grim, investors will snap up peripheral euro zone debt provided the yield is right- thanks to Mario Draghi.

  • MOVES-Desombre joins Citi from Credit Suisse Tuesday, 22 Jul 2014 | 9:23 AM ET

    LONDON, July 22- Citi has hired Credit Suisse banker Nicolas Desombre to lead its investment bank in France, the latest in a series of senior hires in Europe to help strengthen its operations in the region. In a memo to employees seen by Reuters, Citi said Desombre will also run its global insurance business alongside Gautam Chawla.

  • *Cautions on uncertainties in Hong Kong. ZURICH, July 22- Swatch Group on Tuesday warned of an uncertain outlook for its major market Hong Kong after reporting an 11.5 percent fall in first-half profits due to a strong Swiss franc, costs linked to the Sochi Olympics and a factory fire.

  • *Credit Suisse to exit commodities trading. ZURICH, July 22- Credit Suisse Group AG reported its biggest quarterly loss since the peak of the financial crisis in 2008, the result of a 1.6 billion Swiss franc settlement with U.S. authorities over helping its clients evade taxes.

  • TORONTO, July 21- Worried they may be given the cold shoulder by an imperious leadership, shareholders of Barrick Gold Corp, the world's biggest gold miner, are taking a "show me" approach to the company's latest management shakeup.

  • TORONTO, July 21- Worried they are being given the cold shoulder by an imperious leadership, shareholders of Barrick Gold Corp, the world's biggest gold miner, are taking a "show me" approach to the company's latest management shakeup.

  • LONDON, July 21- Currency investors began on Monday to show a glimmer of concern over the risks a surprise from Scotland's September vote on independence might pose to sterling, having appeared complacent over the issue so far.

  • Big banks: Too big to trust? Monday, 21 Jul 2014 | 11:44 AM ET

    On the four-year anniversary of Dodd-Frank, perhaps there is a lesson big banks can learn from smaller, regional banks, says Dan O'Donnell.

  • Britain's fraud office starts probe into FX fixing Monday, 21 Jul 2014 | 11:22 AM ET

    Britain's anti-fraud agency said it has launched a criminal investigation into alleged rigging of the currency market.

  • July 21- Volume in Barclays Plc's private U.S. trading venue, or "dark pool," fell 79 percent in the week and a half after the New York attorney general accused the British bank of giving an unfair edge to high-speed traders, according to data released on Monday.

  • LONDON, July 21- Britain's anti-fraud agency said on Monday it has launched a criminal investigation into alleged rigging of the $5.3 trillion- a-day currency market.

  • Why next two weeks' earnings may test economy Monday, 21 Jul 2014 | 7:32 AM ET

    A long hoped for improvement in the economy appears to be manifesting in second-quarter U.S. earnings, but the next two weeks could be the real test.

  • BUDAPEST, July 21- Hungary could risk a selloff in its currency by converting its huge stock of Swiss franc and euro mortgages into forints as the timing looks tricky: the planned conversion will take place after the Fed ends its stimulus programme.

  • J Christopher Flowers warns of banking crisis Monday, 21 Jul 2014 | 2:55 AM ET
    J. Christopher Flowers, chairman and founder of JC Flowers & Co.

    One of the biggest private equity investors in the banking sector has warned that regulation has depressed profitability, the FT reports.