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Citi: The ‘winners’ and ‘losers’ of the European Energy solution – Greece in the worst position

her Eleftherias Kourtalis Greece, together with the Netherlands and Italy, are the countries that are most vulnerable - both on the fiscal front and on the energy front - and will benefit the least from EU support...

Citigroup: Ends operations in Russia

Citigroup has announced it will end its operations in Russia, in a move expected to affect 2,300 employees and 15 branches. "Citi will also continue to actively pursue sales of certain Russian consumer banking portfolios," the bank...

Citigroup struggled to track UK traders who made $3.1bn

In 2017, after Citigroup Inc. had paid billions of dollars in fines for manipulating interest rates, manipulating currency markets and selling shoddy mortgage bonds, the Wall Street giant was still struggling to keep up with...

JPMorgan and BofA among banks facilitating exit from Russian bonds

A growing number of Wall Street banks are willing to trade Russian bonds that were once considered "untouchable," according to Bloomberg. JPMorgan and Bank of America are among several banks that have offered to facilitate trades in...

Deutsche Bank, Citi, Axia and JP Morgan say they are impressed by the results of National Bank and Eurobank

Her Eleftherias Kourtalis The investment houses send a strong message regarding the prospects of Greek banks after the second quarter results announced by Ethniki and Eurobank with Deutsche Bank, Citi, Axia and JP Morgan underlining the significant...

Shock U-turn from Citi: Worst-case scenario for Eurozone is coming true – Deep recession inevitable

Her Eleftherias Kourtalis Today, Citigroup made a significant change in its assessment of the course of the European economy, stressing that the worst-case scenario is now the main one for the region, with the deep recession hitting...