Citigroup alleges that a former managing director suing the bank was fired for performance reasons, rather than for what she said were attempts by the bank to give regulators false information. On Thursday, the bank responded to a lawsuit filed …
Boeing Co. is planning to draw down the full amount of a $13.825 billion loan as early as Friday as the planemaker grapples with worldwide travel disruptions from the coronavirus, people familiar with the matter said. Boeing obtained the loan …
Talk may be cheap, but in currency traders’ chatrooms, at least, improper messages can be very expensive for their companies. In instant message groups with names such as “Semi Grumpy Old Men” and “Three Way Banana Split” up to nine …
In tossing out a negligence lawsuit, a judge on Friday cited the “strange, improbable” events that destroyed a 47-story World Trade Center building a decade ago on Sept. 11, several hours after the 110-story twin towers fell. The claims by …
It took six years for anyone to realize the lead plaintiff in a fraud lawsuit against Citigroup was not entitled to sue in the first place. The judge was not happy. Citing “epic failures” on both sides of the case, …
Citigroup Inc. said computer hackers breached the bank’s network and accessed the data of about 200,000 bank card holders in North America, the latest of a string of cyber attacks on high-profile companies. Citi said the names of customers, account …