Exclusive-Citi hit by new Fed rebuke, setbacks on consent orders
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- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
- One killed, three injured when man attacks Swedish school with sword
Citigroup (C) shares dip on report of new Fed demands to fix risk control
February 12, 2024 9:41 AM ESTCitigroup (NYSE: C) shares are down Monday after reports stated U.S. regulators have asked the bank for urgent changes regarding its process for measuring the default risk of its trading partners.
In addition, Reuters stated that the bank's own auditors feel a... More

