Japan orders citibank to halt private banking: Citigroup unit faces series of charges that may hurt firm's global reputation
Article Abstract:
The Japanese government has ordered Citigroup Inc.'s Japanese subsidiary, Citibank NA, to close private banking operations. Regulators allege involvement in money laundering, misleading customers about the risk of various products and other illegal activities.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2004
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Citigroup may admit to lax controls
Article Abstract:
Citigroup Inc. in the European stock market manipulation case has admitted there may have been a lack of internal controls at the bank. The trade in question occurred in August 2004 and was dubbed with the code name "Dr. Evil".
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
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Citigroup sues Italy ministries over rejection of debt claims
Article Abstract:
Citigroup Inc. is filing suit against the Italian government administrators of bankrupt dairy company Parmalat S.p.A. Citigroup and other creditors claim that the restructuring of Parmalat will leave them without compensation.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2004
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