All Posts Tagged With: "Citibank"

The Russian ruble has surged to a 14-month high today as, and, according to Elina Ribakova, chief economist at Citibank (NYSE:C), the central bank of Russia is searching for ways to slow the rise down as investors are looking to the currency as a strong play. Not even a spurt of rate cuts over the [...]

There’s no doubt politics plays a part in all countries, but when you extend it to emerging markets, it’s even more important, and that has raised concerns from Citibank (NYSE:C) analysts who are looking at a number of countries in East Africa as having the potential to weaken the investment climate there as a number [...]

Citibank (NYSE:C) recently said they’re looking at increasing their investment in India, which would even further their lead as far as the largest foreign investor in the country concerning the financial services industry. While not completely ignored, India has largely been a weak second cousin to China, mostly because of the entrenched bureaucracy which makes [...]

One wise way to see how the state of things really are in almost any area of life is to not only listen to what is being said, but look what is being done. In the case of lending by big banks like Bank of America (NYSE:BAC), Citibank (NYSE:C) and Wells Fargo (NYSE:WFC), their actions [...]

While most banks haven’t fared too well this year in trustworthiness, according to a Forrester report Citibank (NYSE:C), JPMorgan Chase (NYSE:JPM) and Bank of America (NYSE:BAC) are near the bottom of the list for large banks. HSBC was the absolute dead last in being considered trustworthy by respondents. Other banks considered among the worst included [...]

With so much focus on compensation for bank employees, it has gravitated to a global issue, and different parts of the world are responding differently to the problem, as Citibank NA (NYSE:C) and Bank of America (NYSE:BAC) are doing in India, where bonuses are more frowned upon and so the salaries of workers are where [...]

Reports from Bangkok are Citibank (NYSE:C) has become the first foreign bank to offer mobile services to its customers, providing a suite of services to those always on the go. Dubbed Citi Mobile®, all the perks associated with doing your banking via your mobile phone is included, such as paying your bills, transferring money and [...]

In an attempt to hide its activities from the investigation of California Attorney General Jerry Brown, ACORN dumped thousands of documents into a dumpster which could result in class action lawsuits against banks working with the corrupt ACORN organization. Especially vulnerable at this time is Citibank (NYSE:C), and to a lesser extent, JPMorgan (NYSE:JPM). Documents [...]

In the largest Belgium lawsuit in relationship to the financial banking crisis, 4,000 Belgium customers of Citibank (NYSE:C) have begun their attempt at recouping their savings after losing everything in where the prosecution says Citibank used “misleading information” and employed “tricks” to get Belgium banking customers to invest in highly risky products. What the prosecutors [...]

There’s good and bad news when you consider that a large growth area for job creation is with Bank of America (NYSE:BAC), Wells Fargo (NYSE:WFC), Citigroup (NYSE:C), and J.P. Morgan Chase (NYSE:JPM), which have hired approximately 17,000 workers so far in 2009 in order to prepare for the growing number of defaults. The majority of [...]