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Citigroup's China expansion held up by US regulators
Citigroup's expansion in China said to hit roadblock with U.S. regulators
Citigroup's (NYSE:C) expansion plan in China involving setting up a standalone securities firm is facing delays due to a regulatory roadblock in the U.S., Bloomberg reported, citing people familiar with the matter.
Citigroup's China expansion held up by US regulators, Bloomberg News reports
Citigroup’s expansion plan in China has hit a roadblock with U.S. regulators after the Federal Reserve imposed a penalty on the bank for its data management and risk controls, Bloomberg News reported on Sunday.
Citigroup’s China Expansion Plan Delayed by US Regulators
Citigroup Inc.’s expansion plan in China has hit a roadblock with US regulators after the Federal Reserve imposed a penalty on the bank for its data management and risk controls, according to people familiar with the matter.
Citigroup's China Expansion Plans Hit After Failing To Fix Data Management, Risk Control Issues: Report
The fines have hindered the bank's ability to comply with licensing regulations in China. And, to expand its operations into China, the bank needs a clearance letter from the U.S. Federal Reserve.
Citigroup's China expansion plan put on hold by US regulators, Bloomberg News reports
Citigroup’s expansion plan in China has hit a roadblock with U.S. regulators after the Federal Reserve imposed a penalty on the bank for its data management and risk controls, Bloomberg News reported on Sunday.
Citigroup's China Plans Delayed by US Regulatory Issues: Report
Citigroup's expansion plans in China have reportedly encountered a setback with U.S. regulators after the Federal Reserve imposed a penalty on the bank for issues related to data management and risk controls.
Citigroup’s China expansion plan reportedly ‘hit a roadblock’ with US regulators; Citi China declines to comment
VCG. US banking institution Citigroup has been working to set up a standalone securities firm in China, but it "has hit a roadblock with US regulators after the
Citigroup's China Expansion Plans Stalled Amid Regulatory Probes
Citigroup Inc.’s C plan to expand in China has met a snag with the U.S. regulators after the Federal Reserve imposed a penalty on the bank related to its data management and risk controls, per a Bloomberg report.
42m
Citigroup Inc. stock outperforms competitors on strong trading day
Citigroup Inc. closed $5.23 below its 52-week high ($67.81), which the company reached on July 17th.
Courthouse News Service
13d
Investors seek to revive claims over Citigroup’s role in fraud at Mexican marine services company
A group of international companies say false misrepresentations by Citigroup led them to invest billions in a now-bankrupt ...
InvestmentNews
6d
Citigroup undeterred by fossil fuel protests
Citigroup Inc. stepped up its dealmaking in the underwriting of bonds for fossil-fuel companies, a development that coincided ...
2d
Citigroup’s Strategic Win: Strengthening Ties with American Airlines through Exclusive Co-Brand Card Deal
Mike Mayo, an analyst from Wells Fargo, assigned the Buy rating on Citigroup (C – Research Report). The associated price target remains ...
7d
Citigroup Sells Trust Services Unit to JTC for $80 Million
(Reuters) - Professional services provider JTC said on Monday it has agreed to buy Citigroup's global fiduciary and trust ...
6h
Citigroup Unusual Options Activity For September 23
High-rolling investors have positioned themselves bullish on Citigroup C, and it's important for retail traders to take note.
6d
Citigroup Upgrades Gannett (GCI)
Fintel reports that on September 17, 2024, Citigroup upgraded their outlook for Gannett ( NYSE:GCI) from Sell to Neutral.
Channel NewsAsia Singapore
3d
Hiring at Citigroup Singapore to pick up, says global firm’s head of wealth
In a wide-ranging interview with CNA’s Elizabeth Neo, Mr Andy Sieg shared the importance of Asia to his firm’s growth.
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