Citibank limits ATM withdrawals in New York City
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Responding to ATM robberies, the bank is lowering daily withdrawal limits for all customers as a security precaution.
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Citigroup Inc., the world&#39;s largest bank, was forced to shut its private banking operations in Japan after ``serious&#39;&#39; breaches were found by the nation&#39;s financial regulator.
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Boston's new multispace parking meters along Newbury Street stopped accepting credit and debit cards yesterday, as city officials acknowledged that their minimum payment requirement appeared to violate Visa and MasterCard regulations.
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Bank of America has things figured out ( "Seeking profit, bank puts ATM fee at $3," Sept. 14). What nobody has mentioned is that increasing their noncustomer ATM fee to $3 won't just increase their revenues, it's also going to cut into the bottom line of the smaller, local banks that reimburse their customers when they use other banks' ATMs. ...
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Citigroup will bail out its seven structured investment vehicles, bringing $58 billion of debt onto its balance sheet in the biggest move yet by a bank to rescue the failing funds.
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Business & money: Norwich Union tipped as next to impose freeze on withdrawals by small savers
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Citigroup said today that federal regulators had warned the bank that an investigation of its asset management unit could result in an enforcement action against the executive who ran the division until this week.
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The troubled Northern Rock bank extends its opening hours to cope with customers wishing to withdraw savings.
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Citigroup Inc  has barred investors in one of its hedge funds from withdrawing their money, and a new leveraged fund lost 52 percent in its first three months, the Wall Street Journal reported on Friday.
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Citigroup Inc.  could make as much as $24 billion in writedowns and lay off 20,000 workers as part of a plan to cut costs and boost capital, CNBC said on its Website in a report dated on Sunday.
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Citigroup Inc , which last week posted a record $9.83 billion quarterly loss, on Tuesday said it has strengthened its balance sheet and replenished depleted capital levels by raising about $30 billion in the last two months.
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NEW YORK - High-tech changes in the banking industry will soon be affecting the most mundane of financial products, the checking account.    On Oct...
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The chain wants you to use reloadable cards instead of cash. Can you blame 'em?
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Citigroup Inc.  on Friday said it is cutting jobs in its corporate and investment bank to save money, and a person familiar with the decision said more than 1,000 positions may be lost.
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Citigroup Inc , which last week  posted a record $9.83 billion quarterly loss, on Tuesday said  it has strengthened its balance sheet and replenished depleted  capital levels by raising about $30 billion in the last two  months.
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Citigroup  said on Thursday that it plans to take $49 billion of structured investment vehicle assets onto its balance sheet, to prevent ratings downgrades of the SIVs and fire sales of their assets.
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New rules require New York City's yellow taxicabs to accept credit cards from passengers, but some drivers are balking, because of concern over credit-card processing fees and the prospect of smaller tips.