Citigroup has decided to close its global ... which trades the bonds and other securities of companies in or approaching bankruptcy, employs about 40 people, said the people, who declined to ...

Citigroup's ongoing restructuring efforts have been bearing great results, temporarily marred by the higher cost of interest-bearing deposits and USPB's higher net credit losses on loans. Even ...

So far in 2024, federal regulators rejected Citigroup’s “living will,” a document that outlines how the bank will safely manage bankruptcy in the event that it fails. The bank also has been ...

The overall cryptocurrency market faces risks of contagion as Sam Bankman-Fried's FTX files for bankruptcy, according to Citi analyst Joseph Ayoub. "I think there's a serious risk of broader ...