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Citi Settles Sec Charges Over Bad Controls Supervision

WASHINGTON – Citigroup agreed to pay $10.5 million to settle two separate complaints, one relating to bad loans made by its Mexican subsidiary, Banamex, between...

Citigroup Settles Us Charges Of Bad Controls That Led It To Lose Millions Sec

WASHINGTON – Citigroup has agreed to pay $10.5 million to settle charges related to bad loans made by its Mexican subsidiary, Banamex, between 2008 and 2014, and...

Turkeys Albayrak Tells Investors The Country Will Emerge Stronger

LONDON – Turkish Finance Minister Berat Albayrak hosted a conference call with global investors on Thursday in a bid to reassure them that policymakers are able to...

Australias Amp Back In Inquiry Hot Seat As Pension Transfers Challenged

SYDNEY – Australia’s No.1 retirement and wealth management company AMP Ltd paid hundreds of millions of dollars from customers’ retirement accounts to...

Starboard Eyes Symantec Board Seats After Taking Stake

– Hedge fund Starboard Value LP has nominated five directors to Symantec’s (SYMC.O) board after taking a 5.8 percent stake in the cybersecurity firm, it said...

Starboard Takes Minor Stake In Symantec Seeks Five Board Seats

– Starboard Value LP has taken a 5.8 percent stake in Symantec Corp (SYMC.O) and nominated five directors to the company’s board, the hedge fund’s...

Starboard Buys 58 Percent Stake In Symantec Seeks 5 Board Seats Wsj

– Activist investor Starboard Value LP has taken a 5.8 percent stake in Symantec Corp (SYMC.O) and is seeking five board seats at the cyber-security company, The...

Australias Amp Channeled Pension Funds To Subsidiaries Inquiry

SYDNEY – Australia’s No.1 retirement and wealth management company AMP Ltd paid hundreds of millions of dollars from customers’ retirement accounts to...

Blockchain Benefits Still Murky For Most Commodities Trading

LONDON – Commodity firms and banks have been diving into blockchain pilot schemes over the last two years but the new technology’s application for most...

Us Investor Sues Atampt For 224 Million Over Loss Of Cryptocurrency

NEW YORK – U.S. entrepreneur and cryptocurrency investor Michael Terpin filed a $224 million lawsuit on Wednesday against telecommunications company AT&T...