AIB can sue Citigroup over rogue trader John Rusnak, says judge The Irish Times AIB has won approval in a US court to pursue a $500 million fraud claim against Citigroup, which the bank alleges helped so-called rogue trader John Rusnak to run up a $691 million loss. | In the latest instalment in the long-running case, Manhattan-...
Trader’s email accused Citigroup boss of manipulating markets, trial told The Irish Times The day after Thomas Hayes was dismissed by Citigroup for rigging Libor, the derivatives trader fired off an email accusing his boss of manipulating similar benchmarks. | Mr Hayes, who is on trial in London, said Brian McCappin, head of Citigroup’s...
Miami Center office tower to undergo $20M renovations after Citigroup renews lease The Business Journals The 34-story Miami Center office tower downtown is set to undergo $20 million in renovations after main tenant renewed its lease. | The banking giant (NYSE: C) will continue to occupy 125,000 square feet at the building, at 201 S. Biscayne Blvd., and...
Danske Bank opens B'luru IT captive Deccan Herald To invest $12 million, employ up to 800 | Copenhagen- headquartered Danske Bank, which has a customer base of over 3.7 million, on Wednesday opened its new IT and support services centre (captive technology) in Bengaluru with an investment of $12 million. | Inaugurating the new centre at the RMZ Ecoworld (SEZ Campus), Danske Bank member of the boar...
Sponsors will quit FIFA without reform, says ex official Dawn LAUSANNE: A former top FIFA official who left after criticising its president Sepp Blatter has warned that big sponsors will start leaving world football's governing body unless major reforms are undertaken. | Michel Zen-Ruffinen, who succeeded Blatter as FIFA secretary general from 1998 until 2002 when the latter was elected president, said he...
