Citigroup Inc. will pay $2.9 million to settle Securities and Exchange Commission allegations that the bank’s broker had flawed processes in its accounting in underwriting of securities offerings.
Trans Mountain facing intense deadline pressure to finish pipeline on time: DocumentsUS Court Paves Way for First Bitcoin ETF in Grayscale RulingWarren Buffett’s Bet on Mild Florida Storm Season Faces Test With Hurricane IdaliaHurricane Idalia Barrels North as Florida Girds for DisasterTrans Mountain Reroute Does ‘Irreparable
Harm,’ Local Group SaysGazprom’s Net Income Shrinks on Capped Gas Flows to EuropeGoldman Pays $5.5 Million Over Allegation It Didn’t Record CallsEU to Stick With Climate Ambitions Despite Mounting BacklashPeru Struggles to Revive its Days as Latin America’s Top EconomyBattery Giant LG Energy Weighs Green Bond Sale to Cut Emissions
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Goldman Pays $5.5 Million Over Allegation It Didn’t Record CallsGoldman Sachs Group Inc. agreed to pay $5.5 million to settle a US regulator’s allegations that it failed to fully record and retain thousands of phone calls.
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Veteran Citigroup Banker Gidney to Retire After Almost 30 YearsCitigroup Inc.’s vice chairman of banking, capital markets & advisory for Australia, Jon Gidney, is leaving the firm as he plans to retire after nearly three decades in the finance industry.
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Citigroup Sees Silver Lining to Nigerian, Angolan Currency RoutNigeria, Angola and Kenya are among African countries that could draw greater foreign investment flows in the wake of sharp declines this year for their currencies, according to Citigroup Inc.
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National Australia Bank Set to Cut 10% of Market-Unit Jobs: AFRNational Australia Bank plans to cut about 10% of jobs at its markets division as early as this week, the Australian Financial Review’s Street Talk reported, citing unidentified people.
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EV maker BYD buys US firm Jabil's China manufacturing unit for $2.2 billionThe deal will expand BYD Electronic (International) Co's (BE) customer base, product portfolio, and expand its business of smartphone components, and boost its growth as it looks to capture the potential growth in the sector. Jabil Circuit (Singapore), which manufactures printed circuit boards, established a unit this month with product manufacturing business in Chengdu and Wuxi, which will now be sold to the Chinese EV maker. Jabil did not immediately respond to a Reuters request for details.
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China's Xpeng to take over Didi's autonomus vehicle unit, eyeing 2024 launchHONG KONG (Reuters) - China's car hailing giant Didi said it is selling its autonomous vehicle unit to electric car company Xpeng, forming a strategic ...
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