Citi enables futures trading on Citi Velocity platform
The platform, which already offers access to Citi’s research and liquidity across FX, Rates and Credit, now provides traders with access to the futures market.
Read moreThe platform, which already offers access to Citi’s research and liquidity across FX, Rates and Credit, now provides traders with access to the futures market.
Read more"One unforgettable task I had was when I had the opportunity to negotiate with the Japanese government for the injection of public funds into thebanking system during the financial crisis of 1997 to 1999" - Hironari Nozaki
Read more"As larger banks are pulling out of the prime brokerage space because of increasing margins and balance sheet requirements we view it as a great opportunity for smaller players to join us in a bigger effort to fill the gap left by the banks" - Christian Frahm, CEO, CFH Group
Read moreCitigroup Inc (NYSE: C), the world's biggest interbank currencies dealer, lost more than $150 million after the Swiss central bank decided to let the franc trade freely against the euro, Bloomberg reported. The losses took place on Citi's trading desks and are not tied to its relationships with currency trading services provider FXCM Inc and…
Read moreCitigroup Inc is exiting retail banking businesses in a number of countries, focusing more on institutional clients.
Read moreIn settling this matter, the US-based brokerage and securities division of banking behemoth Citigroup (NYSE: C) neither admitted nor denied the charges, but consented to the entry of FINRA's findings.
Read moreA source familiar with the matter said the ECB's decision seemed to be related to currency manipulation fines from last week. Citi was fined the most of the six banks involved, just outstripping the $1.012 billion levied on J.P. Morgan.
Read moreAccording to senior banking sources, the settlements, which would be confirmed simultaneously, could cost in the region of £2bn in total...
Read moreA US District Judge has ordered John Aaron Brooks to pay $500,000 settlement for cheating his former employer whilst holding an executive directorship
Read moreFormer Citi Head of Global FX Anil Prasad set to launch his own hedge fund in early 2015 following the invocation of the Dodd-Frank Act's Volcker Rule. Could this fill the void left by the demise of FX Concepts last year?
Read more