Citi&#39;s three execs quit over Japan unit&#39;s closure
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NEW YORK: Three senior Citigroup executives are leaving the company, after being found partially responsible for last monthâs forced closure of Citigroupâs private bank in Japan, a person familiar with the matter said.
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Japan's financial regulators may suspend or even end some private banking operations at the Japanese commercial banking unit of U.S. financial services firm Citigroup Inc., the Nihon Keizai newspaper said on Thursday.
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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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Japan on Friday ordered Citigroup Inc. (CN: Quote, Profile, Research) to close its Japanese private banking offices after uncovering a series of
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Sunrise Senior Living said yesterday that three senior executives, including the president, left the firm after a special board committee determined that "inappropriate accounting" had occurred over a two-year period.
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Japan's financial regulator may suspend  or even end some private banking operations at the Japanese  commercial banking unit of U.S. financial services firm  Citigroup Inc., the Nihon Keizai newspaper said on Thursday.
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HONG KONG - Standard Chartered PLC said Monday its chief executive in Hong Kong has resigned, less than a week after the British-based bank said it was laying off 200 local employees.
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Three top Citigroup executives, including Vice Chairman  Deryck Maughan, are leaving the financial services giant in the  wake of a scandal at its Japanese private banking unit.
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CIT Group Inc , the consumer and commercial finance company, said on Tuesday it has closed its mortgage lending operations, resulting in the loss of 550 jobs across 25 offices.
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TOKYO Japanese banking regulators on Friday ordered Citigroup to close its private banking business here after they found serious breaches in its operations.
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The chief executive and top financial officer at mortgage giant Fannie Mae were forced out of the company Tuesday as the nation&#39;s second largest financial institution struggled to deal with revelations of serious financial reporting problems.
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Citigroup Inc  Chief Executive  Charles Prince plans to resign this weekend, the Wall Street  Journal said, as the widening subprime mortgage crisis deals a  final blow to a reign long under attack.
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Three senior Citigroup Inc. C.N  executives are leaving the company, after being found partially  responsible for last month's forced closure of Citigroup's  private bank in Japan, a person familiar with the matter said.
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Astana - New York. October 20. KAZINFORM quotes - Three top Citigroup Inc. executives, including Vice Chairman Deryck Maughan, are leaving the financial services giant in the wake of a scandal at its Japanese private banking unit.
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Clothing retailer J.Crew Group Inc.   JCG.N said on Friday that three of its 11 directors were   stepping down, including one who had worked at the company   since it was founded in 1983.
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Citigroup Inc. said Monday it will close down its trust banking unit in Japan within a year, after Japanese authorities ordered the US financial services giant to suspend its private banking business.
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Business News, NEW YORK, Three senior Citigroup Inc. (CN: Quote, Profile, Research) executives are leaving the company, after being found partially responsible for last month&#39;s forced closure of Citigroup&#39;s