The CFTC has also brought lawsuits against Jon S. Corzine and Edith O’Brien for allegedly misusing customers' funds.
MF Global Sues PwC For $1 Billion For Giving Inaccurate Accounting Advice, Leading To The Firm's Demise
MF Holdings declared bankruptcy in October 2011, listing assets of $41 billion and debts of $39.7 billion.
US Stock Futures Suggest Higher Open Following Wednesday's Slump; GDP, Jobless Claims Data And Banking Stocks, Including Citigroup, Could Influence Session
Movement of banking stocks, specifically Citigroup's, along with Q4 GDP data and jobless claims numbers could influence markets.
Citigroup, 4 Other Banks, Barred From Increasing Shareholder Payouts As Fed Rejects Their Capital Plans
This is the second time in three years that Citigroup's capital plan has been rejected by the Federal Reserve.
The Ukraine crisis has affected many business models: here are 10.
“Credit defaults will definitely happen. It’s just a matter of timing, scale, and how big the impact is,” a bank regulator says.
Why Did Banamex Grant $400M Loan To Oceanografía? Analysts And Citigroup Former Employee Weigh In On The Citigroup Fraud Scandal
The reason a large U.S. bank made a large loan to a troubled Mexican company could go beyond simple negligence.
The firm went from a long-standing Petróleos Mexicanos relationship and more than $2B in profit to an alleged fraud scheme.
Mexico's Securities Commission And Attorney-General Start Investigations Of Citigroup And Banamex's Alleged Fraud
Money laundering is the suspected motive behind the fraudulent loans granted by Citigroup's Mexican unit, Banamex.
Sources tell the Financial Times JPMorgan Chase will announce a 2,000-job cutback on top of already planned reductions.
Earnings Preview: J.C. Penney Company Inc (JCP), Best Buy Co Inc (BBY), Target Corporation (TGT), Macy's Inc (M)
Next week’s earnings calendar will be dominated by big-name retailers.
The scandal came out two years ago, following which Barclays paid a fine of $450 million in 2012 for wrongdoing.
Citigroup has agreed to pay $110 million to homeowners, after a lawsuit was filed on force-placed insurances
An often-overlooked -- and sneaky -- practice could wind up distorting your perspective on the major players in retail.
DeVere Group CEO Nigel Green wants the global financial reporting regime to be repealed, a call that has gained little political traction to date.
Natural gas in recent trading has reached beyond $5/btu, a threshold Citi analysts dubbed “unthinkable."
Global Platinum Inventory Could Last Nine Months, Which Is Tough Luck For Striking Workers Of South Africa's AMCU
Telling stat: Citigroup analysts estimated that existing platinum supply rose 95 percent over the past six years.
Money For Developed Market Stocks Came From Emerging Market Equities, Not Developed Market Bonds: Citi
Citi analysts questioned one popular narrative about where money for U.S. and developed market stocks came from in 2013.
Earnings of banking heavyweights, and data on jobs and inflation should provide direction to the markets.
Deutsche Bank Suspends Several Traders In New York And Other Offices For Alleged Currency Manipulation
Deutsche said the alleged manipulations by traders affected several major currencies in the $5.3 trillion-a-day forex market.
Citigroup was probably hurt by lower fixed-income trading in Q4. But earnings likely rose anyway on a cost-cutting drive.
Ongoing litigation uncertainty, however, makes analysts wary of excessive optimism.
Earnings Preview: Bank of America Corp (BAC), Wells Fargo (WFC), JPMorgan Chase (JPM), Goldman Sachs (GS), Citigroup (C)
Wells Fargo and JPMorgan Chase & Co. will kick off Q4 bank earnings season on Tuesday.
Citigroup, Merrill Lynch, RBS, Credit Suisse Expected To Face Civil Fraud Charges Over Selling Shoddy Mortgage-Backed Securities: Report
Citigroup, Merrill Lynch, RBS, Credit Suisse targeted by Justice Department, sources say.
Earnings Preview: Oracle Corporation (ORCL), FedEx Corporation (FDX), Walgreen Company (WAG), NIKE Inc (NKE), General Mills Inc (GIS)
The rate of negative company earnings guidance has rocketed in recent weeks to unprecedented highs.
The record-setting deal with the government is likely to be announced Tuesday.
The family-run company, established in 1917, has hired Deutsche Bank to identify potential buyers.
JPMorgan Chase Tied Up With Former Chinese Premier Wen Jiabao’s Daughter To Further China Business: Report
The New York-based bank has been accused of hiring a consulting firm run anonymously by Wen Jiabao’s daughter.
The settlement could be the largest liability claim deal made by a company over a medical device.
The Vietnamese government is using the threat of a possible death sentence to reduce the high rate of corruption in the nation.