Gary Foster (L), a former vice president of Citigroup Inc, exits a United States federal courthouse with his lawyer after being charged with embezzling more than $19 million from the company's accounts in New York June 27, 2011.
Seeking a shot in the arm for the ailing banking business, Citigroup Inc. C -1.42 % is expanding into a little-known but fast-growing field known as identity proofing—the tedious and time-consuming task of proving people are who they say they are.
Citigroup Inc., the lender whose credit rating was cut by Moody's Investors Service to the lowest since its 1998 creation, led Wall Street banks in dismissing downgrades and urged investors to seek alternative analyses.
Five years after China said it fully met World Trade Organization obligations to open its economy to global financial firms, Citigroup Inc. and HSBC Holdings Plc are among companies still largely shut out of the world's third-biggest banking market as ...
Citigroup Inc. has moved Ramakrishna Putcha, a former proprietary trader, into an internal hedge fund that makes bets with about $200 million of the firm's money after the portfolio slid 14 percent last year.
Citigroup Inc. is in talks with Brazilian regulators to create global depositary notes tied to local corporate bonds as the government seeks to boost trading in the domestic market by luring foreign investors.