114 Results from /regulation, "Citi"
/regulation
The circuit breaker mechanism introduced in the wake of last month's flash crash was called in to action yesterday when a reporting error saw shares in Citi plunge 17%.
30 June 2010
Six leading investment banks are to report cash equity trade volumes crossed in their internal dark pools via a post-trade market data service provided by Markit.
24 May 2010
After months of wrangling, The Chicago Mercantile Exchange has finally secured agreement with eight leading dealers to participate in its credit default swaps counterparty clearing initiative.
04 December 2009
Citi, UBS and Deutsche Bank have been fined a total of $425,000 by US regulators and ordered to pay customers up to $420,000 for failing to supervise communications related to the 2006 initial public offering of Vonage Holdings.
22 September 2009
Under pressure from regulators, 15 of Wall Street's biggest banks have committed to significantly increase the use of central counterparties to clear over-the-counter (OTC) derivatives.
09 September 2009
Banking co-operative Swift has adapted its Accord matching system to handle the pre-settlement processing of securities trade flows between prime and executing brokers and hedge funds.
11 June 2009
A Nigerian man has been accused of duping Citibank into wiring $27 million in funds from the central Bank of Ethiopa to accounts controlled by fraudsters in Japan, South Korea, Australia, China, Cyprus and the United States.
24 February 2009
Banks have been warned that they may face disruption and delays to payments STP following the introduction of new messaging standards for cover payments as demanded by regulatory agencies.
16 September 2008
On the day that the investment banking industry lurched closer to disaster following announcements from Wall Street, Bill Rhodes, Citibank chairman, told Sibos delegates that the worst could be yet to come, adding that "we are currently in the eye of the storm".
15 September 2008
Citibank's International Personal Bank has temporarily closed its doors to new UK business while the Financial Services Authority runs the rule over its anti-money laundering procedures.
11 July 2008
UK market data vendor Markit Group is working with six Wall Street banks to launch a global, multi-bank, cross-asset client valuations platform.
21 February 2008
Seven former Citibank staff are facing over 1000 charges under Singapore's Computer Misuse Act and bank secrecy laws over client details allegedly stolen from the US bank and passed on to rival firm UBS.
25 January 2008
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