Citigroup

Continuing his series for Professional Adviser, AT8 Group's Mark Loosmore says Chartwell Group's investment in technology has less to do with being 'RDR-ready', and more to do with the end customer...

After a year of criticism, structured product providers have formed an association they hope will counteract the negative publicity.

Leading structured product providers and distributors have created the UK Structured Products Association in a bid to give a unified voice to an industry that has come under fire in recent years.

A pensioner is fighting to claw back almost £18,000 in commission and charges that were snatched from his pension just a year before he planned to retire.

Barclays Capital has unveiled a fund solely comprising ETFs in Singapore.

Lloyds Banking Group has appointed Sir Win Bischoff, the former chairman of US bank Citigroup, as its new chairman.

The US Government stepped in to rescue ailing US banking giant Citigroup last night, with the Treasury acquiring a $20bn stake in the firm and guaranteeing assets worth about $306bn.

Citigroup's share price has plummeted over 20% again this morning, bringing the beleaguered banking giant's declines to 55% in just over two days trading.

Executives at Citigroup, faced with a plunging stock price, began weighing the possibility of auctioning off pieces of the financial giant or even selling the company outright, according to people familiar with the matter, The Wall Street Journal reports....

Citigroup plans to cull approximately 53,000 jobs, on top of the 22,000 formerly announced, with London to be badly hit.