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Citigroup to refund retail customers for investment losses in Australia

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallApr 15th, 2019

Citigroup to refund retail customers for investment losses: Australian regulator

Citigroup will refund more than A$3 million ($2.2 million) to retail customers in Australia who suffered losses from complex investments sold by the bank, the country's corporate watchdog said on Monday......»»

Category: topSource: reutersApr 15th, 2019

Wells Fargo Advisors to pay $5M over improper investment sales: SEC

The SEC said the firm “improperly” encouraged retail customers to trade certain securities in a way that generated large returns for the bank......»»

Category: topSource: foxnewsJun 25th, 2018

Wells Fargo fined by SEC over investment sales misconduct

(Reuters) - Wells Fargo & Co will pay more than $5.1 million to settle U.S. Securities and Exchange Commission charges it improperly pushed retail customers to actively trade complex investments in order to generate higher fees......»»

Category: topSource: reutersJun 25th, 2018

Citigroup pays $335 million in refunds to credit card customers

Earlier this month, Citigroup Inc. agreed to pay $100 million to settle charges that it rigged interest rates. Now over in the bank's credit card department, it's shelling out even more money. Citigroup (NYSE: C) said Friday it plans to refund $335 .....»»

Category: topSource: bizjournalsJun 29th, 2018

Australian developer LendLease lands $15 billion project with Google; shares surge

Australia's LendLease Group on Thursday said it secured a contract with Alphabet Inc's Google to develop $15 billion worth of residential and retail space in Silicon Valley, sending the builder's stock to a more than eight-month high......»»

Category: topSource: reuters8 min. ago

Top Stock Picks for Week of July 15, 2019

A Couple of Solid Picks in Specialty Retail and Streaming Video Content to Consider. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 B.....»»

Category: worldSource: nytJul 16th, 2019

U.S. retail sales ease fears over economy; rate cut still seen

U.S. retail sales increased more than expected in June, pointing to strong consumer spending, which could help to blunt some of the drag on the economy from weak business investment......»»

Category: topSource: reutersJul 16th, 2019

Strong U.S. retail sales boost economic outlook

U.S. retail sales increased more than expected in June, pointing to strong consumer spending, which could help to blunt some of the drag on the economy from weak business investment......»»

Category: topSource: reutersJul 16th, 2019

Australia watchdog says Vodafone misled customers over digital purchases

Australia watchdog says Vodafone misled customers over digital purchases.....»»

Category: topSource: reutersJul 16th, 2019

Wall Street treads water as Citi results pressure bank shares

Wall Street's three main indexes flitted between slight gains and losses on Monday, as declines in Boeing and bank stocks after Citigroup's quarterly report were countered by a rise in technology shares......»»

Category: topSource: reutersJul 15th, 2019

Citigroup Q2 investment banking revenue $1.28 bln vs. $1.42 bln a year ago

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchJul 15th, 2019

China Reports Slowest GDP Growth On Record, As Retail Sales, Industrial Output And Fixed Investment All Beat

The Chinese goalseek-o-tron was in perfect working order on Monday morning, when moments ago Beijing reported that China's Q2 Y/Y GDP rose at 6.2%, once again precisely as consensus had expected, .....»»

Category: blogSource: zerohedgeJul 15th, 2019

Apple Appears Ready to Make a Splash in India

Apple could soon open retail stores in India. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get.....»»

Category: worldSource: nytJul 12th, 2019

Doubts over Deutsche Bank turnaround plan dent shaky shares

Deutsche Bank shares extended losses on Tuesday on investor doubts that its chief executive can revive the lender by shrinking the investment bank and returning to its roots as banker to corporate Germany......»»

Category: topSource: reutersJul 9th, 2019

Deutsche Bank shares slide again on doubts about turnaround

Deutsche Bank shares extended losses on Tuesday on investor doubts that the new chief executive can revive the lender by shrinking the investment bank and returning to its roots as banker to corporate Germany......»»

Category: topSource: reutersJul 9th, 2019

Deutsche Bank shares slide again on skepticism about turnaround

Deutsche Bank shares extended losses on Tuesday on investor doubts that the new chief executive can revive the lender by shrinking the investment bank and returning to its roots as banker to corporate Germany......»»

Category: topSource: reutersJul 9th, 2019

Investor Fortress Will Buy Mt Gox Creditor Claims for $900 Per Bitcoin

Former Mt Gox customers can recoup $900 per bitcoin owed by selling their claims to Fortress Investment Group......»»

Category: forexSource: coindeskJul 8th, 2019

Fortress Will Buy Mt Gox Creditor Claims for $900 Per Bitcoin

Former Mt Gox customers can recoup $900 per bitcoin owed by selling their claims to Fortress Investment Group......»»

Category: forexSource: coindeskJul 8th, 2019

Retail Store Cannibalization: Walmart Latest to Fall Prey (Revised)

Retail firms have learnt the hard way that quality supersedes quantity and overexposure though higher number of stores often fail to yield the desired effect. Want the latest recommendations from Zacks Investment .....»»

Category: dealsSource: nytJul 8th, 2019

A Leaner Deutsche Bank May Not Be Fitter in Asia

The lender faces a formidable challenge to compete for corporate customers with the likes of HSBC and Citigroup......»»

Category: topSource: washpostJul 8th, 2019