Citigroup Inc (C)
21 Feb 2017
(Corrects Feb. 21 story sourced to media report after bank says is thinking of making Germany a hub for sales and trading in the EU, not its European headquarters for investment banking)
FRANKFURT, Feb 21 U.S. bank Citigroup may choose Frankfurt to become its hub for sales and trading in the European Union, the lender said on Wednesday, adding it may move "a couple of hundred" jobs outside of London after Brexit.
* CareCredit says terms of agreement were not disclosed Source text for Eikon: Further company coverage:
CAPE TOWN, Feb 21 South Africa's competition watchdog said on Tuesday it would be seeking maximum penalties against other local and foreign banks alleged to be involved in colluding to fix the rand currency.
LONDON, Feb 20 The euro rode out signs of gains for far-right French presidential candidate Marine Le Pen on Monday, inching higher against the dollar and the yen in trade held in check by the absence of U.S. investors because of a holiday.
JOHANNESBURG, Feb 20 South Africa's Competition Commission has fined the local arm of Citigroup 69.5 million rand ($5.3 million) for its role in a foreign currency trading cartel, the regulator said on Monday.
JOHANNESBURG, Feb 20 Citibank, N.A. South Africa said on Monday it aimed to improve its internal systems and monitoring processes after it agreed to pay a 69.5 million rand ($5 million) penalty for its role in a forex trading cartel.
JOHANNESBURG, Feb 20 South Africa's Competition Commission has reached an agreement with Citibank N.A. for its role in a forex trading cartel, the anti-trust watchdog said on Monday.
* Has filed with competition tribunal a settlement agreement reached with Citibank N.A. For being part of forex trading cartel
Citigroup Inc's board of directors cut Chief Executive Officer Michael Corbat's compensation by 6 percent last year after the bank missed financial targets and one-third of its voting shareholders disapproved of his prior pay package.
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