JPMorgan and Citigroup are investigated in U.S. for manipulation of forex markets
JPMorgan and Citigroup are investigated in the U.S. for the manipulation of foreign-exchange rates and the two largest …
Citigroup Archive
Citigroup’s profit in the third quarter surges to 3.23 billion dollars
Citigroup (NYSE:C), the third U.S. bank by assets, had a net profit of $3.2 billion in the third …
U.S. banking giants have spent 103 billion dollars on litigation and lawyers
The largest six large U.S. banks, including JP Morgan Chase and Bank of America, spent $103 billion on …
UBS to pay $885 million to close an investigation on mortgage-backed securities
UBS, the largest Swiss bank, agreed to pay $885 million to the U.S. sponsored companies Federal Mortgage Association, …
The largest banks accused of manipulating forex markets
The largest banks in the world have manipulated for at least ten years the benchmark foreign-exchange rates on …
Citigroup could lose $7 billion on foreign exchange rates
Citigroup Inc. (NYSE:C) could lose $7 billion from exchange rate changes, says analyst Charles Peabody, cited by Bloomberg. …
U.S. banks have a record surplus of $1,770 billion
U.S. banks have available a record surplus of $1,770 billion, resulting from the difference between deposits and loans …
U.S. to start lawsuits against 17 of the largest banks in the world
U.S. authorities have started legal proceedings against 17 large U.S. banks for losses on subprime mortgage derivative contracts …
US Get 12 Billion Dollars by Exiting Citigroup Stakes
The bailed out Citigroup was exited by the US government when it sold the last shares it owned …