Citigroup's Polish unit may pay all 2013 net as dividend-CEO Reuters WARSAW Feb 10 (Reuters) - Citigroup's Polish unit Bank Handlowy may pay as much as all of its last year profit in dividend, its chief executive said on Monday. | "We will fully use the possibility that the regulator has given us (when it comes to the...
Polish Citigroup unit meets forecasts with 2013 profit Reuters WARSAW Feb 10 (Reuters) - The Polish unit of Citigroup said its net profit in 2013 was almost unchanged from the previous year, as higher fees and lower costs were offset by a restructuring provision and a fall in net interest income. | Bank Handlowy...
Citibank to pay $110 million to settle flood suit The Wichita Eagle SYRACUSE, N.Y. — Citibank has agreed to pay $110 million to settle a class-action lawsuit filed by a Syracuse man who says he was forced into a 400-percent increase in his flood insurance premium. | Gordon Casey of Syracuse sued the mortgage le...
Citigroup to pay $110M US in a suit over force-placed insurance Canoe Citigroup Inc has agreed to pay $110 million US to thousands of homeowners who were forcibly charged expensive property insurance premiums, a court filing showed, as several U.S. banks and insurers were criticized by regulators over such practices. |...
Veteran Banker to Lead Citigroup’s British Business The New York Times LONDON – James Bardrick, a veteran banker in London, has been named head of Citigroup’s business in Britain. | Mr. Bardrick, who is now Citigroup’s co-chief of corporate and investment banking for Europe, the Middle East and Africa, will su...
Citigroup names James Bardrick as UK head City A.M. CITIGROUP has appointed one of its leading corporate bankers as head of its UK operations, where he will be manage the bank’s relationships with UK regulators and government, it said yesterday. Former engineer James Bardrick joined Citi in 1987 and...
World Bank for creating $50 b ‘green bond’ market The Hindu Underlining the need for urgent action to tackle climate change, World Bank chief, Jim Yong Kim today called for developing a $50 billion green bond market by 2015. | “A year ago, I said at this meeting that we needed a plan for tackling climate change, a plan fit for the challenge that we face. | “A year later, we’ve seen great l...
Nigerian Senate Orders Audit of Unaccounted $20 Billion in Oil Revenue Voa News Reuters | ABUJA, NIGERIA — Nigerian lawmakers investigating a claim that the state oil company has failed to remit $20 billion in oil revenues ordered a forensic audit of fuel-subsidy payments on Thursday to find out where the money has gone. | Central Bank Governor Lamido Sanusi wrote a letter last September to President Goodluck Jonathan saying...
