Citigroup, JPMorgan to pay $182.5 million to settle rate-rigging lawsuit

Citigroup Inc and JPMorgan Chase & Co will pay $182.5 million to settle U.S. investor litigation claiming they violated antitrust […]

Regulator ‘stunned and terrified’ after causing PG&E stock surge

The chief of California’s top utilities regulator said on Friday he was shocked to learn that reassurances he made to […]

Big investors sue 16 banks in U.S. over currency market rigging

A group of large institutional investors including BlackRock Inc and Allianz SE’s Pacific Investment Management Co has sued 16 major […]

Citigroup names new chairman, keeps post separate from CEO

The board of Citigroup Inc on Monday named one its independent members to be its new chairman, keeping the post […]

London forex traders found not guilty in U.S. rigging case

Three former London-based currency traders were found not guilty on Friday of U.S. charges that they schemed to rig benchmark […]

Global banks curb China travel after UBS private banker stopped from leaving

Several global banks including Citigroup and Standard Chartered have asked their private banking staff to postpone or reconsider travel to […]

Bank of America’s lagging loan growth overshadows profit gains

Bank of America Corp’s (BAC.N) loan growth lagged rivals and fees from advising on deals and underwriting bonds fell in […]

Citigroup profit beats on higher bond trading, lower costs

Citigroup Inc reported a better-than-expected quarterly profit on Friday, helped by lower expenses, higher bond trading revenue and strength in […]