All posts tagged "Citigroup"
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327Capital / LiquidityUS Banks Pass Severe Recession Scenario of Fed Stress Test
JPMorgan, BofA and Citi said their CET1 capital ratios relative to risk-weighted assets would rise by about one full percentage point starting October.
June 29, 2022 -
576Hong KongHKMA Invites Global Banks to November Summit in Hong Kong
The two-day summit is reportedly aimed at reversing an exodus of financial talent from Hong Kong after more than two years of Covid-19 measures.
June 10, 2022 -
412EnforcementUS SEC Probes Use of Text Messaging by Major Banks
The probe is reportedly aimed at gauging how pervasive the use of unauthorised messaging platforms is for business-related messages.
May 24, 2022 -
679Crypto / Digital AssetsNomura to Establish New Subsidiary Dedicated to Digital Assets
The new subsidiary will combine digital asset services under a single entity that will have about 100 staff by end-2024.
May 18, 2022 -
297Securities / DerivativesUS Investment Banks Pause Work on New SPAC Deals
New rules from the SEC have reportedly prompted Goldman, Bank of America and Citigroup to scale back their involvement in SPAC deals.
May 18, 2022 -
732AML / KYCBIS Suspends Russian Central Bank as UK Adds More Sanctions
UK adds seven names to its sanctions list. Goldman and JPMorgan to close Russian operations. Russia to nationalise assets of foreign companies.
March 11, 2022 -
901AML / KYCRussia SWIFT Ban Still Being Finalised; China Urges Dialogue
Seven Russian banks will likely be cut off from SWIFT; Japan will freeze Russia's yen reserves; Korea will suspend transactions with seven Russian banks and their subsidiaries.
March 2, 2022 -
692Australia & NZProsecutors Drop Criminal Cartel Case Against Citi, Deutsche
Australia's top prosecutor concluded that there were no longer reasonable prospects of convicting Citigroup, Deutsche Bank and four former executives.
February 14, 2022 -
900FeatureDBS to Acquire Citi Consumer Banking Unit in Taiwan
The acquisition, expected to close in mid-2023, will make DBS the largest foreign bank in Taiwan by assets.
January 31, 2022 -
1.4KAsia-PacificUOB to Acquire Citi Consumer Banking Units in Four Markets
The transaction is estimated to reduce UOB's CET1 ratio by 70 basis points to 12.8 percent, which is considered not material and "well within regulatory requirements".
January 17, 2022
