Citigroup
- BusinessAOL
Hundreds set to lose bank jobs
Hundreds more UK bank workers are expected to lose their jobs after US giant Citigroup announced plans to cut 11,000 jobs worldwide. Citi, which employs 9,400 staff in Britain, said the majority of jobs will go at its institutional clients
- BusinessAOL
Bank agrees £373m crisis settlement
Citigroup has agreed to pay 590 million dollars (£373 million) to settle legal claims by shareholders that its executives lied about the bank's growing problems before the financial crisis. The bank denied the allegations, but said it
- BusinessAOL
Failed bank sues for 2.5bn dollars
Lehman Brothers Holdings is suing several units of Citigroup to recover 2.5 billion US dollars it transferred to a back-up account at Citi months before seeking bankruptcy court protection. The failed investment bank filed the lawsuit on
