Thursday, April 24, 2014 11:06 PM EST

Citigroup

Citigroup Inc. (branded Citi), is a major American financial services company based in New York, NY. Citigroup was formed from one of the world's largest mergers in history by combining the banking giant Citicorp and financial conglomerate Travelers Group on April 7, 1998.

Citigroup Inc. has the world's largest financial services network, spanning 140 countries with approximately 16,000 offices worldwide. The company employs approximately 300,000 staff around the world, and holds over 200 million customer accounts in more than 140 countries. It is a primary dealer in US Treasury securities. Read More

Articles About Citigroup

Citigroup fined $30m for leaking Apple research to SAC and T Rowe Price (Reuters).
Global Markets Overview – 4/15/14

By IG Markets

Surprise earnings from Citigroup have certainly managed to snap the S&P out of its downward trend. The S&P registered its worst week since January last week, but snapped back on Citi earnings and better-than-expected retails sale. (Apr 15)

MORE TOPICS: GOLD, GENERAL ELECTRIC, BANK OF AMERICA, GOLDMAN SACHS, MORGAN STANLEY, FIXED-INCOME

Australian Stock Exchange
Australian Stock Market Report – Afternoon 4/14/14

By Comsec

The All Ordinaries Index (XAO) slumped 1.29 per cent; finishing below 5400 points for the first time in two weeks and recording its biggest daily tumble in a month. Investors are likely to remain a little quiet this week due to the shortened Easter trading week. (Apr 14)

MORE TOPICS: NETFLIX, TWITTER, FACEBOOK, RETAIL SALES, RETAIL, RIO TINTO

U.S. Fed's Hard Line on Funding to Bring more Pain to Wall Street
U.S. Fed's Hard Line on Funding to Bring more Pain to Wall Street

By Reuters

The U.S. Federal Reserve's drive to wean Wall Street off risky funding sources is expected to bring more financial pain to the biggest U.S. banks in the coming months, analysts warned on Wednesday. (Apr 10)

MORE TOPICS: FEDERAL RESERVE, BANK OF AMERICA, GOLDMAN SACHS, JPMORGAN CHASE, MORGAN STANLEY, WELLS FARGO

Five Key Challenges a Modi Government would Face
Five Key Challenges a Modi Government would Face

By Reuters

From convincing sceptical bond investors that the fiscal deficit can be contained to concerns that El Nino will devastate agricultural crops, any new government in India will face urgent and critical challenges with no easy solutions. (Apr 08)

MORE TOPICS: GOLD, MANUFACTURING, GDP, RETAIL, ELECTIONS, INDIA

Sun Pharma to Buy Ranbaxy in $3.2 Billion all-share Deal
Sun Pharma to Buy Ranbaxy in $3.2 Billion all-share Deal

By Reuters

Sun Pharmaceutical Industries Ltd (SUN.NS) said it will buy Ranbaxy Laboratories Ltd (RANB.NS) in a $3.2 billion all-share deal, creating the world's fifth-largest generic drug maker from two firms struggling with quality issues in the lucrative United States market. (Apr 07)

MORE TOPICS: GOLDMAN SACHS, INDIA, NEW JERSEY, ICICI

Citigroup Faces Criminal Probe for Fraud at Mexico Unit - Source

By Reuters

Federal authorities have opened a criminal investigation into a $400 million fraud involving Citigroup's (C.N) Mexican unit, according to a person familiar with the matter. (Apr 04)

MORE TOPICS: THE NEW YORK TIMES, MEXICO, NEW YORK, FBI

Flag hangs on the wall of the JP Morgan company stall on the floor of the New York Stock Exchange in New York
Russia Says JPMorgan 'illegally' Blocked Embassy Money Transfer

By Reuters

Russia accused U.S. bank JPMorgan (JPM.N) on Tuesday of "illegally" blocking a payment from one of its embassies to an insurance agency "under the pretext of anti-Russian sanctions." (Apr 02)

MORE TOPICS: BANK OF AMERICA, GOLDMAN SACHS, MORGAN STANLEY, RUSSIA, WHITE HOUSE, UKRAINE

Australian dollar
Australian Stock Market Report – Afternoon 3/28/14

By Comsec

A better day than we had expected with the Aussie dollar at a 4 month high. (Mar 28)

MORE TOPICS: CHINA, GOLD, FEDERAL RESERVE, DOW JONES, MANUFACTURING, ISRAEL

Trading specialists from Jefferies work on the floor of the New York Stock Exchange (Photo: Reuters)
Australian Stock Market Report – Morning 3/28/14

By Comsec

In US economic data, the economy grew at a 2.6% annualised pace in the December quarter, up from the 2.4% prior estimate and just short of forecasts. New claims for unemployment insurance fell by 10,000 to 311,000 in the latest week, well below forecasts centred near 325,000. (Mar 28)

MORE TOPICS: GOLD, FEDERAL RESERVE, UNEMPLOYMENT, DOW JONES, FTSE, TWITTER

Wall Street  (Photo: Reuters)
Wall Street Drops on Russia Worry as Techs, Materials Drag

By Reuters

U.S. stocks fell on Wednesday, led by losses in the technology and materials sectors, as geopolitical concerns rose after the United States and the European Union agreed to work together on tougher sanctions on Russia. (Mar 27)

MORE TOPICS: BARACK OBAMA, FEDERAL RESERVE, DOW JONES, FACEBOOK, EUROPEAN UNION, RUSSIA