Update 3: Japan Shutting Down Citibank Operations
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Japanese financial authorities announced Friday they would shut down Citibank&#39;s private banking business in the country after finding &quot;severe legal violations&quot; in its operations.
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Citigroup Inc. C.N 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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By Kyodo News International, Tokyo  Feb. 19--TOKYO -- Citigroup Inc. of the United States is studying listing  its shares on the Tokyo Stock Exchange to strengthen its business in Japan,  informed sources said Monday.
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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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Citigroup , which has been raising funds since taking a huge hit from the U.S. subprime mortgage meltdown, has sold its Japan headquarters to rival Morgan Stanley  in a deal reportedly worth US$445 million.
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TOKYO/NEW YORK  - Japan on Friday ordered  Citigroup Inc. C.N to close its Japanese private banking  offices after uncovering a series of problems, including  failing to prevent suspected money laundering.
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Commerzbank, stung by its foray into the volatile world of proprietary trading, announced Tuesday that it would shut the bulk of its investment banking operations outside Germany.
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Tokyo&#39;s Nikkei average closed 3 points lower on Monday as strength in bank shares helped offset losses in chip stocks and in travel firms, which were sold after Sunday&#39;s devastating earthquake and tsunami in Asia.
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TOKYO A leading executive at Citigroup, which was forced to shut its private bank in Japan in September, said Tuesday that the bank would review all past transactions with individual customers in Japan.
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Japan has ordered the commercial banking unit of Citigroup to close its Japanese private banking offices, shutting it out of the lucrative business and
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Citigroup, the global banking company, yesterday ousted three of its most senior executives in an attempt to restore its battered reputation in Japan.
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Citigroup said Monday that it would close an investment management unit in Japan and pledged to strengthen oversight of its entire Japanese operation, five weeks after regulators
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Citigroup Alternative Investments is shutting down the hedge fund as its new leader, Vikram S. Pandit, puts his stamp on the long-overlooked division.
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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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Japan&#39;s stock market watchdog on Tuesday recommended Citibank&#39;s Tokyo office and two senior executives be disciplined after the bank allegedly misled investors ahead of private bond sales.
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FRANKFURT Commerzbank, stung by its foray into the volatile world of proprietary trading, announced Tuesday it would shut down the bulk of its investment banking operations outside Germany.
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WASHINGTON : US banking giant Citigroup Inc has ousted three senior executives after Japanese regulators last month ordered it to shutter its private banking operations in the country for violating banking laws.