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.
Citigroup saw its Markets and Securities Services revenues fall to $4.0 billion in the final quarter of 2021.
Citi Cross-Currency Sweeps enables treasurers and finance teams to efficiently manage cash positions across multiple accounts.
Citi and former FX trader Rohan Ramchandani have until January 21, 2022, to substantially complete all document discovery.
Initially committed lenders to Aristocrat, UBS and Goldman Sachs, will transfer a portion of their commitment to Citi.
Citi reported Markets and Securities Services revenues of $5.0 billion, down 4% from the result reported in the year-ago quarter.
Citi will have to produce to former trader all the material they gave to the DOJ in connection with FX spot market investigation.
The DOJ has no objection to accept Citi’s application for information in a lawsuit brought by former FX trader Rohan Ramchandani.
Citi launches its multi-currency notional pooling (MCNP) capabilities in Luxembourg, with ESG offering attached.
The CFTC fines Citi $1 million for swap data reporting violations, related supervision failures, and violation of a prior CFTC order.
Citi wants the DOJ to provide discovery concerning the grand jury proceedings that resulted in the indictment of Rohan Ramchandani.