Prince: Citi CEO Apologizes For Japan Unit Problems
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Will this do it? Citigroup (nyse: C - news - people ) Chief Executive Charles Prince apologized Monday to Japanese authorities for the financial giant&#39;s problems in Japan.
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NEW YORK -- Citigroup Inc.. the financial services giant, confirmed on Wednesday that it was removing three senior executives in the wake of a banking scandal in Japan.
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Japan said China apologized on Tuesday for the intrusion by one of its submarines into Japanese waters last week in a gesture that defuses a dispute and may open the way for a bilateral summit this weekend.
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Citigroup Inc. C.N on Friday said  U.S. securities regulators are thinking of recommending  enforcement proceedings against the former head of Citigroup  Global Investment Management.
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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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Japanese Prime Minister Yasuo Fukuda apologized on Monday for his ruling party's handling of a public pensions crisis, after seeing his support ratings tumble in polls.
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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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CHARLOTTESVILLE  Poor Chuck Prince. For the past five years, he thought his job was to clean up the ethical mess at Citigroup left by his longtime friend and patron Sandy Weill. As Weill was taking his leave of the financial behemoth he had created, state and federal officials were moving to put ...
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Citigroup Inc. (CN: Quote, Profile, Research) on Friday said US securities regulators are thinking of recommending enforcement proceedings against the former head of Citigroup Global Investment Management.
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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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The new chief executive of Citibank Japan apologized at a Parliament committee Tuesday and promised that misled customers will be compensated at its private-banking unit, where regulators have found violations.
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Citigroup Inc., the financial services giant, said yesterday that it was removing three senior executives in the wake of a banking scandal in Japan.
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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 stock hit a new low yesterday following two more black eyes - the shutdown of its scandalized Japanese bank and a record fine here over its hedge fund abuses.
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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.
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Citigroup's top executive in Japan  endured unprecedented questioning by lawmakers on Tuesday over  a scandal at the firm's private bank in the country, the latest  turn in a high-profile case that has embarrassed the world's  biggest financial company.
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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.