White House investigating loans to Jared Kushner's business: official

Business Mar 27, 2018

White House investigating loans to Jared Kushner's business: official

The White House is investigating whether two loans totaling more than $500 million to the family real estate business of U.S. President Donald Trump's son-in-law and senior adviser Jared Kushner violated any criminal laws or regulations, according to the U.S. Office of Government Ethics. Democratic ...

Business / Corporate Dec 12, 2016

Citigroup currency trader settles Tokyo wrongful-dismissal case

A Citigroup Inc. currency trader in Tokyo who sued the U.S. bank after it fired him for allegedly trying to manipulate foreign-exchange rates has settled the case. The wrongful-dismissal lawsuit was withdrawn on Nov. 2 after the court-mediated settlement, according to Tokyo District Court records, ...

Citigroup touts global network to investors

Business / Corporate Jun 6, 2016

Citigroup touts global network to investors

by Kazuaki Nagata

Despite its withdrawal from Japanese retail banking more than a year ago, Citigroup sees good prospects for companies seeking business opportunities abroad and investors interested in global markets, the head of its Japan operations said. "All of the trends that you see in corporate Japan ...

Business / Corporate Apr 6, 2015

SMBC Trust to absorb Citi's retail business in Japan on Nov. 1

Sumitomo Mitsui Banking Corp. said Monday that subsidiary SMBC Trust Bank will absorb Citigroup Inc.'s consumer banking business in Japan on Nov. 1. SMBC had previously said SMBC Trust Bank would complete the consolidation with Citibank Japan Ltd.'s retail operations in October, but it pushed ...