Citigroup

Citi Sells OneMain to Subprime Lender
Credit

Citi Sells OneMain to Subprime Lender

Citi has now sold more than 60 businesses and reduced assets in its "bad bank" Citi Holdings by more than $700 billion.
By Katie Kuehner-Hebert | March 3, 2015
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The Riskiest Systemically Important Bank? JPMorgan Chase
Risk Management

The Riskiest Systemically Important Bank? JPMorgan Chase

With the largest total exposures and intrafinancial system liabilities, JPMorgan Chase is a potential source of "spillover risk," say researchers.
By Katie Kuehner-Hebert | February 18, 2015
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Financial Technology: Connect 450
Technology

Financial Technology: Connect 450

A tech startup helps rejig America’s capital markets.
By Economist Staff | January 27, 2015
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Oilfield Writedowns Predicted Amid Price Plunge
Supply Chain

Oilfield Writedowns Predicted Amid Price Plunge

Citigroup says falling oil prices are exposing projects that were either poorly executed or bad ideas to begin with.
By Matthew Heller | January 6, 2015
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Ten Banks Hit With Fines Over Toys ‘R’ Us IPO
Risk & Compliance

Ten Banks Hit With Fines Over Toys ‘R’ Us IPO

Research analyst presentations were a key factor in whether the banks received an underwriting role in the planned 2012 deal, says FINRA.
By Matthew Heller | December 11, 2014
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Citigroup Fined $15M Over Research Analysts’ Conflict
Risk Management

Citigroup Fined $15M Over Research Analysts’ Conflict

Citigroup Global Markets provided some investors with improper access to material, nonpublic information, says FINRA.
By Matthew Heller | November 25, 2014
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Regulators Ready to Clamp Down on Banks’ Faulty Risk Data
Risk Management

Regulators Ready to Clamp Down on Banks’ Faulty Risk Data

Big financial institutions are warned to step up their risk-assessment capabilities, or else.
By Iris Dorbian | August 21, 2014
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“Hide No Harm” Bill Goes After Top Executives
Risk Management

“Hide No Harm” Bill Goes After Top Executives

Could new legislation help law enforcement successfully prosecute a company's highest executives for corporate misdeeds?
By Iris Dorbian | July 21, 2014
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A New Way to Punish Wrongdoing: Anger Investors
Risk & Compliance

A New Way to Punish Wrongdoing: Anger Investors

To prevent white-collar crime, prosecutors are now focusing on raising shareholder ire.
By Iris Dorbian | July 17, 2014
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Are Bankers Overcharging for FX Transactions?
Global Business

Are Bankers Overcharging for FX Transactions?

The Justice Department is investigating sales practices of foreign-exchange banks as part of a wider probe into FX market rigging.
By Vincent Ryan | June 23, 2014
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A Bank Is Hiding Inside Your Supply Chain
The Economy

A Bank Is Hiding Inside Your Supply Chain

Banking and commerce are supposed to stay separated. But U.S. financial institutions find it more profitable to mix the two.
By Vincent Ryan | July 25, 2013
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American Banks: The Triumph of Low Expectations
The Economy

American Banks: The Triumph of Low Expectations

A world of low growth, risk aversion and regulatory uncertainty.
By Economist Staff | July 22, 2013
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Pension Plans Evolve into Quasi-Insurers
Risk Management

Pension Plans Evolve into Quasi-Insurers

Plan-sponsoring companies shift assets to fixed income to the point where the plans resemble annuity-provider portfolios. Are companies qualified to run the new-look plans?
By Charles E.F. Millard | March 21, 2013
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European Banks Face Libor Liabilities
GAAP and IFRS

European Banks Face Libor Liabilities

Different accounting rules could mean a quicker, bigger hit on their balance sheets.
By Andrew Sawers | December 15, 2012
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Pension Plans Even Worse Off Than Sponsors Thought
Retirement Plans

Pension Plans Even Worse Off Than Sponsors Thought

This year’s downgrading of bonds issued by big banks will drive up plan liabilities and may catch sponsors off guard.
By David McCann | December 7, 2012
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