Sources: AP
American bank Citigroup says that the flash crash that affected several European stock markets yesterday was caused by an error from one of its traders. 2022-05-3
In New York City, U.S. district court judge Thomas Griesa expands the force of his existing remedial rulings in the ongoing litigation over the Argentine debt restructuring, blocking planned bond payments by Citigroup. The Citigroup processing of payments would violate a requirement that Argentina treat bondholders equally. 2015-03-12
Fannie Mae files a lawsuit for $800 million against nine different banks, including Citigroup and Bank of America, for manipulating the Libor benchmark interest rate. 2013-11-1
Portugal's treasury secretary Joaquim Pais Jorge resigns after media reports and opposition politicians questioned his previous role at Citigroup. 2013-08-7
A watchdog group releases a report that details write-downs of $19 billion on more than 168,000 properties by five United States banks. Under terms of a federal and state settlement of foreclosure-processing violations reached one year ago in March, Bank of America lost the most and had $13.5 billion in homeowner debts written off. The other banks are Citigroup Inc, JPMorgan Chase & Co, Wells Fargo & Co, and Ally Financial Inc. [http:--www.foxbusiness.com-news-2013-02-21-us-banks-write-down-1-billion-under-settlement-?intcmp=obnetwork (FoxBusiness)]date=July 2019 2013-02-21
The CEO of Citigroup, Vikram Pandit, announces his resignation from that post, and is immediately succeeded by Michael Corbat. 2012-10-16
Moody's downgrades the credit rating of 15 major world banks: UK (The Royal Bank of Scotland, Barclays and HSBC), US (Bank of America, Citigroup, Goldman Sachs and JPMorgan), Rest of world (Credit Suisse, UBS, BNP Paribas, Crédit Agricole, Société Générale, Deutsche Bank, Royal Bank of Canada and Morgan Stanley). 2012-06-21
Most of the largest financial institutions in the United States pass a Federal Reserve System stress test although Citigroup, MetLife, Ally Financial and SunTrust do not. 2012-03-13
The "Financial Times" reports that computer hackers may have gained access to details of Citigroup bank card customer details. 2011-06-9
A United States jury rules that Citigroup did not mislead Terra Firma Capital Partners in its bid for music group EMI. 2010-11-4