Citigroup
Forgery scheme backed by Kremlin moved $6.9bn through global banks
Thousands of Russian payments received by Standard Chartered, Citigroup and other international groups found in vast leak from inside fintech A7
Ireland’s financial services sector: no longer just an offshoot of London
Employment in the area here has almost doubled since 2015 on back of some favourable headwinds, including Brexit
New Government plan aims to increase financial services jobs to 70,000
Coalition publishes fresh strategy to cut red tape and boost competitiveness in key sector
Dublin’s empty offices: White elephants and grey spaces in the ‘shadow market’
Multinationals are subletting vast amounts of unwanted space, but property firms forecast a shortage
Park life gives the public an enormous sense of wellbeing
But Ronan Group’s plans for IFSC site offer only the tightest of urban spaces
Johnny Ronan’s firm lodges alternative plans for landmark IFSC site following appeal setback
A new proposal for the Citigroup offices has cut back proposed office space on site by 40 per cent
Oil prices rise back above $90 as Iran hits tankers
US carries out fresh wave of attacks as the number of American casualties rises
Investors reeling from Middle East conflict face fresh setback over AstraZeneca slump
Oil prices fall as US signals latest military flare-up in Iran would end quickly
ECB plan may shave millions off banks’ interest income
Europe’s central bank is looking to increase amount banks must hold in minimum cash reserves to cut its costs
Brexit gave Ireland a financial services jobs boost. Will AI wipe it out?
Financial services insiders say Ireland has continued to attract activity following initial Brexit-related moves
Foreign banks poised for growth in Ireland despite external headwinds, survey finds
Some 44% of FIBI members expect an expansion of activity levels this year
NTMA to raise €2bn in bond sale to leave most of full-year funding covered
Agency entered this year facing €15 billion in debt maturities that needed to be refinanced
Citigroup’s Irish EU hub books $124m loan charge for ‘heightened global risks’
Citigroup has about 3,000 employees in Ireland
Glass Bottle site apartments to help anchor planned stock market listing of Oaktree portfolio
US private equity giant considering reit IPO amid what it sees as renewed investor interest in ‘hard, safe-haven assets’
Dublin City Council pauses Johnny Ronan redevelopment plan for docklands Citigroup building
Residents raise concerns about impact on daylight levels
Blockchain is moving beyond crypto, as a transfer of euro currency out of Dublin demonstrates
The distributed ledger technology is best known for its role in crypto transactions but it is now being used more and more for conventional financial transactions
Citigroup profit slips by 13% as expenses rise amid sweeping overhaul
Chief executive Jane Fraser is pushing through bank’s biggest restructuring in more than a decade
Johnny Ronan firm offers to cut height of planned docklands office block
Developer reduces height of offices by five storeys
Stocks gain as investors cheer delayed US economic data
S&P 500 rises to a hair below October’s record
Citi board names Jane Fraser as chair and awards her $25mn bonus
Roles of board leader and CEO will be reunited in move to underscore her leadership amid radical overhaul
Morgan Stanley profit beats estimates as traders shine
MORGAN STANLEY-RESULTS/ (UPDATE 3, PIX):UPDATE 3-Morgan Stanley profit beats estimates as traders shine
Goldman Sachs’ profit jumps 22% as market turbulence powers record equities trading
GOLDMAN SACHS-RESULTS/ (UPDATE 2, PIX):UPDATE 2-Goldman's profit jumps as market turbulence powers record equities trading
Meet Paul ‘the Cooler’ Coulson: One of the godfathers of leveraged finance
Coulson is negotiating hard with creditors of Ardagh on a payoff for shareholders in return for walking away from the highly-leveraged packaging giant
Citigroup’s EU hub becomes largest bank in Ireland following significant balance-sheet growth
Profits jump 19% to $2.07bn, driven by interest income and fees and commissions growth in its services division
European shares can recapture early 2025 momentum over Wall Street, say analysts
Here’s why: Sixty per cent of European companies’ first-quarter earnings have beaten market expectations
Former bonds trader targets gaps in the Irish mortgage market
Núa Money co-founder Fergal O’Leary says there is an opportunity for more players to come into the Irish mortgage market and take market share from the banks
Tariff relief hopes boost recovery in global stocks
Iseq index up 2.3% as banks move higher, fuelled by positive updates from a trio of US lenders
Citigroup erroneously credited client account with $81 trillion instead of $280
Incident comes as US bank seeks to assuage regulatory concerns over its risk management processes
I’ve enjoyed the benefits of sabbatical leave. It’s deeply misunderstood by employers
Not as many hard-charging banks as you might think
Trump’s return signals a bumpy ride for markets and companies
Global uncertainty is rising but is for now well short of the dramatic heights seen during the US president’s first administration
What is the future of the corporate HQ?
Some employers that are mandating office returns favour retaining their big spaces, while others move to smaller but better-serviced properties
Surviving a shake-up: is restructuring ever good for staff?
As companies from Amazon to Citi overhaul management, experts warn that savings from job cuts can be overtaken by unintended consequences
‘It’s better than a dig in the face’: LGBT employees on how the workplace became more accepting
Ahead of a landmark Pride in Dublin, people involved in the fight for equality remember more hostile times and give a guarded welcome to improved corporate inclusivity
Citigroup names new chief executive for EU hub in Dublin
Ignacio Gutiérrez-Orrantia has over 30 years experience in the sector
Pfizer’s Irish tax affairs under US senate committee spotlight
Homebuilder Cairn buys Dublin site, Blanchardstown SC debt deal; CRH invests in Ukraine and Citigroup staff unease
Citigroup fined over €70m for ‘fat finger’ trading error
According to regulators, a trader intended to sell shares worth $58m but entered details valuing them at $444bn
Citigroup executive responsible for implementing thousands of job cuts quits
Titi Cole, one of the most senior black women in finance, departs, while outgoing PwC US head Tim Ryan joins bank
Citigroup profit drops as costs rise for employee severance
Dublin staff were told last month that 168 Irish roles were at risk as part of a global cost-cutting initiative
Kingspan faces potential fines while Revenue secures €750m in settlements
The best news, analysis and comment from The Irish Times business desk
Citigroup plans Irish job cuts, with 168 roles at risk in Dublin
Wall Street banking giant is shedding jobs globally as part of cost-cutting initiative
Developer Johnny Ronan submits plan for 17-storey tower in Dublin docklands
Redevelopment of Citi’s current European headquarters to include public viewing gallery known as the Liffey Experience on 16th floor
Bad property debt exceeds reserves at largest US banks
Loan loss provisions have thinned even as regulators highlight risks in commercial real estate market
Citigroup plans 20,000 job cuts as it reports worst quarter in 15 years
US bank employs 2,500 people at operations in the State
European shares fall as stronger-than-expected US inflation hits rate-cut hopes
Pan-European Stoxx 600 suffers third consecutive day of losses
Surge in bad debts strike a sour note at top US banks
Earnings are expected to have shrunk in last quarter of 2023 due to unpaid debts and impact of high interest rates
Some 60,000 jobs shed by world’s biggest banks in one of worst years for cuts since financial crisis
Collectively, the big Wall Street banks cut at least 30,000 staff in 2023 with more cuts expected next year
How is blockchain changing financial services?
Secure-transaction technology has yet to make significant inroads into traditional banking sector
Why expenses are a fraught form of fraud
The Citi sandwich case shows why some rule-benders get a lot more sympathy than others
Bank of America’s third-quarter profits beat forecasts despite US downturn worries
Earnings growth trails rivals but lender buoyed by strong performance in investment banking and sales and trading
Citi profits edge higher despite worries over consumer finances
US bank defies expectations of falling profits with 2% increase in net income
Drugmaker GSK sells €1bn stake in former consumer health unit Haleon
British medicines group and US rival Pfizer have both committed to selling down stakes over time to fund core pharma operations
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Stardust
Inquests into the nightclub fire that led to the deaths of 48 people
Common Ground
How does a post-Brexit world shape the identity and relationship of these islands
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