Citigroup (NYSE:C) Fined $400 Million By The OCC Over Risk Management And Quality Control Practices

Citigroup Inc. (NYSE:C) has agreed to pay a fine of $400 million over deficiencies related to internal controls and risk management, according to the Office of the Comptroller of Currency. A statement from the OCC said that the company has to seek its “non-objection before considering any new acquisitions. Citigroup warned of its risk management […]

Citigroup Inc (NYSE:C)’s Personal Loan Unit Onemain Financial Inc. To Go For IPO Soon

Boston, MA 09/15/2014 (wallstreetpr) – Citigroup Inc (NYSE:C) has taken most of its units to the New York Stock Exchange or NASDAQ through IPO, and its latest plan is for the personal loan unit, OneMain Financial Inc. According to the Bloomberg, Citigroup has planned that by the end of this month, OneMain Financial shall go […]

Citigroup Inc (NYSE:C)’S Japan Earnings Less Than The Annual Salary Of Global CEO

Boston, MA 08/22/2214 (wallstreetpr) –In a very bizarre revealing, it was found that the earnings of Citigroup Inc (NYSE:C) bank operating in Japan was even less than the salary of company’s Global CEO in the previous year. This makes it quite evident as to why Citigroup has planned selling this consumer business. Citibank Japan’s Income […]