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Breaking News Tue, 31 Jan 2017
Citigroup expects US dollar to strengthen further
The National
The US dollar could strengthen by as much as 7 per cent this year, according to Citigroup. | It is already trading at a 14- year high, which is having a big impact on regional economies with currencies pegged to the greenback. | While the prediction ...
Citigroup to exit mortgage servicing business
The Salt Lake Tribune
Citigroup plans to exit the mortgage-servicing business by the end of 2018 to focus on making new loans. New Residential Investment Corp. agreed to pay Citigroup $950 million for servicing rights on Fannie Mae- and Freddie Mac-backed loans with $97 b...
Ex-UBS and Citigroup trader jailed over Libor seeks review of case
The Guardian
Tom Hayes, serving an 11-year sentence, claims he felt under pressure to admit guilt in order to avoid being extradited to US | The jailed City trader Tom Hayes is to submit his case to the Criminal Cases Review Commission (CCRC) in an effort to demo...
Trump Hotels backlash; Rite Aid price tumbles; Citigroup move
San Francisco Chronicle
Trump Hotels backlash; Rite Aid price tumbles; Citigroup move Tell us your favorite travel memory — was it a picture, a souvenir, a sunset? Take this from former Google Senior Vice President Laszlo Bock: “That time I fled Communist Romania to a r...
Citigroup plans to exit U.S. mortgage servicing operations by 2018
Reuters
Jan 30 (Reuters) - Citigroup Inc said on Monday that it would speed up the transformation of its U.S. mortgage business by effectively exiting servicing operations by the end of 2018. ...
Allergan, Starbucks, Citigroup: Doug Kass' Views
The Street
Doug Kass shares his views every day on RealMoneyPro. Click here for a real-time look at his insights and musings. | Increasing SPY, SBUX Shorts, AGN Long | Originally published Jan. 27 at 2:34 p.m. EDT | I have materially increased my SPDR S&P 5...
Puerto Rico oversight board taps Citigroup as financial adviser
Reuters
Jan 28 (Reuters) - Puerto Rico's federal oversight board announced at a public meeting on Saturday that it has selected Citigroup Global Markets as its financial adviser, and Ramon Ruiz-Comas as... ...
Banking
Japan's Governor of the Bank of Japan Haruhiko Kuroda attends the G20 Finance Ministers and Central Bank Governors meeting in Chengdu in Southwestern China's Sichuan province, Sunday, July 24, 2016.
(photo: AP / Ng Han Guan)
Bank of Japan Governor Kuroda Says Not Worried About Rising Protectionism
The Street
Bank of Japan Governor Haruhiko Kurdoa dismissed concerns that rising protectionism would impact the global economy but noted he and his colleagues would need to closely monitor the impact of President Donald Trump's economic policies.  | Speaking to the media in Tokyo Tuesday after the Bank's regular policy meeting, in which he made no change...
Finance
France's Prime Minister Francois Fillon  in Slemanyah international airport
(photo: WN / Jamal Penjweny)
Report: Prosecutors Raid French Parliament as Penelope Fillon 'Fake Job' Scandal Grows
WorldNews.com
| Reuters is reporting the parliamentary office of French presidential candidate François Fillon was searched by financial police Tuesday in conjunction with an inquiry into his wife’s income relating to reports of a no-show parliamentary aide job, a parliamentary source said. | Once the favorite to win the presidency for his party, the inquiry ...



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