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Date: Friday, 12 Sep 2014 23:46
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Date: Friday, 12 Sep 2014 23:42
[Reuters] - Citigroup Inc is planning on taking its OneMain Financial Inc personal loan business public by September end, Bloomberg said citing people with knowledge of the matter. OneMain, which is worth at least $4 billion, is expected to start considering offers from potential buyers, the report said. In May, Chief Executive Officer Mike Corbat said at an investor conference that Citigroup could dispose of the company through an outright sale to a private equity firm, a public stock offering, or a combination of the two, if prices are good. OneMain makes subprime loans to individuals and is profitable but does not fit the company's strategy, Corbat had said.
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Date: Friday, 12 Sep 2014 22:14
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Date: Friday, 12 Sep 2014 22:05
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Date: Friday, 12 Sep 2014 22:02
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Date: Friday, 12 Sep 2014 17:24
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Date: Friday, 12 Sep 2014 16:58
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Date: Friday, 12 Sep 2014 16:02
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Date: Friday, 12 Sep 2014 15:55
[Reuters - UK Focus] - * Banking, legal sources see chance of FCA deal by year-end LONDON, Sept 12 (Reuters) - Banks caught up in the British investigation into alleged manipulation of global currency markets are pushing for a coordinated settlement that would reduce their exposure to potential reputational damage, banking and legal sources told Reuters. The sources said that a settlement with the Financial Conduct Authority (FCA) is now being sought on the basis of banks acknowledging lax internal compliance, oversight failures and market conduct breaches by individual employees, but not deliberate manipulation of the $5 trillion-a-day market. One source involved in the talks acknowledged that all sides are keen to wrap up the main part of the investigation, given how long it has been dragging on, and that the plan is to co-ordinate the settlements.
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Date: Friday, 12 Sep 2014 15:55
[Reuters] - * Banking, legal sources see chance of FCA deal by year-end LONDON, Sept 12 (Reuters) - Banks caught up in the British investigation into alleged manipulation of global currency markets are pushing for a coordinated settlement that would reduce their exposure to potential reputational damage, banking and legal sources told Reuters. The sources said that a settlement with the Financial Conduct Authority (FCA) is now being sought on the basis of banks acknowledging lax internal compliance, oversight failures and market conduct breaches by individual employees, but not deliberate manipulation of the $5 trillion-a-day market. One source involved in the talks acknowledged that all sides are keen to wrap up the main part of the investigation, given how long it has been dragging on, and that the plan is to co-ordinate the settlements.
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Date: Friday, 12 Sep 2014 14:52
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Date: Friday, 12 Sep 2014 14:30
[Business Wire] - Today, the City of New York and the Citi Foundation welcomed a new class of New York AmeriCorps members, as part of a nationwide ceremony to mark AmeriCorps' 20th anniversary. This morning’s event at Citi Field kicks off a year of national service for more than 4,000 AmeriCorps members in New York City.
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Date: Friday, 12 Sep 2014 14:09
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Date: Friday, 12 Sep 2014 09:37
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Date: Friday, 12 Sep 2014 08:52
[Reuters] - Citigroup Inc on Friday told bidders for its Japanese retail banking operations that it was looking to sell its profitable Diners Club card business in Japan with the retail unit, sources with knowledge of the matter said. On Friday, about 10 banks including Japan's top three lenders Mitsubishi UFJ Financial Group, Mizuho Financial Group and Sumitomo Mitsui Financial Group participated in the first round of bidding for the retail business, the sources said.
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Date: Friday, 12 Sep 2014 04:52
[Reuters] - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. * Washington's international allies didn't make clear how far ...
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Date: Friday, 12 Sep 2014 02:41
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Date: Thursday, 11 Sep 2014 20:18
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Date: Thursday, 11 Sep 2014 18:52
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Date: Thursday, 11 Sep 2014 18:05
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