Major banks face amended complaint over LIBOR manipulation
Major banks face another complaint accusing them of collusion to manipulate the London InterBank Offered Rate (LIBOR).
Citi
Citi registers 20% rise in Institutional Clients Group revenues in Q2 2022
Citi reports ICG revenues of $11.4 billion, up 20% from a year earlier, driven by Services and Markets.
Major banks seek summary judgment in FX benchmark rate fixing lawsuit
HSBC, Barclays, JPMorgan Chase, NatWest Markets, UBS, BofA, and Citi push for summary judgment in their favor.
LiquidX announces strategic investment by Citi
The funding round was led by Broadridge, LiquidX’s largest strategic investor.
Citi’s Institutional Clients Group reports slight drop in Markets revenues in Q1 2022
Citi’s Institutional Clients Group reported Markets revenues of $5.8 billion, down 2% versus a strong quarter in the prior year.
Former FX trader wants Citi to comply with document discovery obligations
Former Citi Forex trader Rohan Ramchandani pushes for an order compelling Citi to comply with its document discovery obligations.
Citi slams former FX trader for manufacturing discovery disputes
In a letter filed with the Court on March 18, 2022, Citi says that the former Forex trader is belatedly manufacturing discovery disputes.
Citi, former head of FX trading desk try to resolve discovery disputes
Citi and the former head of its FX trading desk Rohan Ramchandani attempt to resolve outstanding discovery disputes.
Citi posts 11% Y/Y drop in Markets and Securities Services revenues in Q4 2021
Citigroup saw its Markets and Securities Services revenues fall to $4.0 billion in the final quarter of 2021.
Citi Cross-Currency Sweeps now available in additional 14 European countries
Citi Cross-Currency Sweeps enables treasurers and finance teams to efficiently manage cash positions across multiple accounts.
