Citigroup was fined by federal banking regulators on Wednesday Inc. C 0.97% Million 400 million and ordered the country’s third-largest bank to improve its risk-management systems, citing “significant ongoing shortcomings.” The consent order, approved by the board of New York Bank, blamed Citigroup for a reduction in “various areas of …
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The plaintiffs allege that the pricing took place between 2012 and early 2019. Photo: Dan rhys / Reuters Updated October 7, 2020 at 12:42 p.m. According to court documents, the current 65 65 billion poultry industry in the U.S. Extending the government’s anti-trust proceedings, current and former officials of the …
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Major U.S. Technologi shares are sensitive to the rise in corporate-tax, which could lead to a Democratic sweep in November, potentially reducing one of the strongest drivers of market recovery this year. Bofa Global Research estimates that the tax proposals will reduce the expected revenue of companies in the S&P …
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U.S. in the third quarter. The recovery of the auto industry gained momentum, with coronavirus-related loos and buyers returning to the show-room from sales by auto manufacturers. Strong demand for trucks and sport-utility vehicles is leading to a comeback, which is happening much faster than expected this summer. Contributing is …
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The German chemicals giant Bayer logo is depicted at Bayer headquarters in Leverkusen. Roberto Payfil / Agence France-Presse / Getty Images European stocks rallied on Thursday, the first day of the final quarter, helped by US legislators hoping to reach a deal to provide new impetus. Stoxx Europe 600 SXXP, …
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