CITIGROUP

Futures slide as euro zone fears persist

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U.S. stock index futures fell on Tuesday, extending a drop in global equities, as doubts about the ability of Europe to tackle its debt crisis sent Italy's bond yields back into a perceived danger zone.

Timing Questions Emerge on MF Global's Customer Cash Shortfall

The sign marking the MF Global Holdings Ltd. offices at 52nd Street in midtown Manhattan is seen in New York
MF Global Holdings Ltd may have faced a shortfall in customer funds even as far back as October 27, four days before the U.S. futures brokerage filed for bankruptcy protection, the Wall Street Journal said, citing people familiar with the situation.
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As Banks Stop Hiring, Industry Safety Net Rips Apart

The banking sector, enduring rounds of deep job cuts, faces the grim prospect of having nowhere to turn to for immediate employment in the industry, as nearly all branches of finance have pulled back on hiring.
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UBS India Head Resigns; Kamat Named New CEO: Memo

The head of India operations at UBS AG , Manisha Girotra, has resigned, according to an internal memo, the latest high-profile exit from the Swiss bank in the world's second-fastest growing major country.
american express

American Express to Invest $100M in Start-ups

American Express Co. is launching a $100 million fund as a new multi-year program designed to help accelerate the company's digital transformation, as it tries to add consumers in new geographies and attract younger generations.
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Goldman Faces Lawsuits Over $15.8 Billion in Mortgages

Goldman Sachs Group Inc faces lawsuits over $15.8 billion worth of mortgage securities, the bank said in a regulatory filing on Wednesday, a more than 30-fold increase from the amount disclosed three months earlier.
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Inflation, debt crisis hurt euro zone retail sales

Retail sales in the 17 countries sharing the euro fell more than expected in September despite some resilience in powerhouse Germany, the EU's statistics office said on Monday, reinforcing concern that the bloc's economy may be heading for a recession.
JLL HQ

Jones Lang LaSalle Revenue up 28 Percent

Jones Lang LaSalle, one of the world's largest real estate services companies, reported revenue of $903 million in the third quarter, up 28 percent from the previous year.
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SEC probes MF Global's statements on European bets: report

The Securities and Exchange Commission has launched a probe into whether MF Global Holdings made misleading statements about the $6.3 billion bets that sank the company, the Wall Street Journal said, citing people familiar with the matter.
Jon Corzine, chairman and chief executive officer of MF Global Holdings

Did Corzine's Risk-Taking Cripple MF Global?

In early April, Jon Corzine was in a tough spot. MF Global, the company he had run for the previous year, was about to post a fourth-quarter loss, marking its fourth successive fiscal year of red ink.

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