Citigroup to refund retail customers for investment losses in Australia

See the rest of the story here. provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallApr 15th, 2019

Citigroup to refund retail customers for investment losses: Australian regulator

Citigroup will refund more than A$3 million ($2.2 million) to retail customers in Australia who suffered losses from complex investments sold by the bank, the country's corporate watchdog said on Monday......»»

Category: topSource: reutersApr 15th, 2019

Citigroup pays $335 million in refunds to credit card customers

Earlier this month, Citigroup Inc. agreed to pay $100 million to settle charges that it rigged interest rates. Now over in the bank's credit card department, it's shelling out even more money. Citigroup (NYSE: C) said Friday it plans to refund $335 .....»»

Category: topSource: bizjournalsJun 29th, 2018

Wells Fargo fined by SEC over investment sales misconduct

(Reuters) - Wells Fargo & Co will pay more than $5.1 million to settle U.S. Securities and Exchange Commission charges it improperly pushed retail customers to actively trade complex investments in order to generate higher fees......»»

Category: topSource: reutersJun 25th, 2018

Wells Fargo Advisors to pay $5M over improper investment sales: SEC

The SEC said the firm “improperly” encouraged retail customers to trade certain securities in a way that generated large returns for the bank......»»

Category: topSource: foxnewsJun 25th, 2018

Ask a Fool: Can I Deduct Investment Losses on My Tax Return?

You can deduct investment losses -- to an extent. Here are the rules you need to know......»»

Category: topSource: foxnews17 hr. 38 min. ago

Stocks mixed as strong U.S. retail sales offset weak European manufacturing data

A gauge of global stocks fell on Thursday after underwhelming manufacturing surveys from Asia and Europe, though it pared losses as Wall Street edged higher on strong U.S. retail sales data and earnings from industrial companies......»»

Category: topSource: reutersApr 18th, 2019

Quincy firm buys Waltham Hannaford for $18.2M

Cincinnati-based Phillips Edison & Co., a retail-focused real estate investment trust, has sold a 45,882-square-foot Hannaford supermarket in Waltham to Quincy-based real-estate firm The Grossman Cos. for $18.2 million.   The company has no immediate .....»»

Category: topSource: bizjournalsApr 16th, 2019

Startup Arca Seeks SEC Approval for US Treasury Bond-Backed Stablecoin

Arca Investment Management is seeking approval from the SEC to sell a new type of stablecoin to retail investors......»»

Category: forexSource: coindeskApr 16th, 2019

Tapped Out Consumers Driving Retail Losses And Store Closures

Tapped Out Consumers Driving Retail Losses And Store Closures.....»»

Category: topSource: seekingalphaApr 16th, 2019

Wall Street dips after lackluster big bank earnings

U.S. stocks slipped on Monday, weighed by losses in financial stocks as earnings from Wall Street's big banks Goldman Sachs and Citigroup failed to impress......»»

Category: topSource: reutersApr 15th, 2019

Citigroup profit beats on investment banking boost

Citigroup Inc reported a better-than-expected quarterly profit on Monday, boosted by a surge in investment banking revenue and lower expenses......»»

Category: topSource: reutersApr 15th, 2019

Goldman Sachs" investment bank consumer, retail group head to step down

Goldman Sachs Group Inc'sN> global head of the investment bank's consumer and retail group, Rob Sweeney, will step down at the end of April, according to an internal memo seen by Reuters......»»

Category: topSource: reutersApr 8th, 2019

Hey Alphabet Inc. (NASDAQ:GOOG), talk to Walmart

Hey Alphabet Inc. (NASDAQ:GOOG), talk to Walmart Walmart customers will be able to order groceries with voice commands through Google’s smart-home assistant, the retail giant announced on Tuesday in its la.....»»

Category: topSource: livetradingnewsApr 5th, 2019

Galvin wants money advisers to be more upfront about fees

Bill Galvin, the top securities regulator in Massachusetts, on Thursday proposed requiring investment advisers to provide customers with a brief summary of fees for their services, in an attempt to bring more transparency to the costs. Under curren.....»»

Category: topSource: bizjournalsApr 4th, 2019

Federal Realty (FRT) to Revamp Old Keene Mill Shopping Center

Amid challenges in the retail real estate market, Federal Realty Investment Trust (FRT) is aiming at long-term value accretion through remerchandising and redevelopment e.....»»

Category: worldSource: nytApr 3rd, 2019

Benzinga"s Top Upgrades, Downgrades For April 3, 2019

Top Upgrades Analysts at Citigroup upgraded Ascena Retail Group Inc (NASDAQ: ASNA) from Sell to Neutral. Ascena Retail shares rose 5.7 percent to $1.05 in pre-market trading. read more.....»»

Category: blogSource: benzingaApr 3rd, 2019

Elk Grove retail center sold for $12.45 million

The Crossing retail center in Elk Grove may not have the sexiest stores. But those stores’ performance, and the overall state of the center, made it a good investment for a Bay Area firm, according to a broker on the deal......»»

Category: topSource: bizjournalsApr 2nd, 2019

3 Outdoor Focused Retail Stocks to Buy Right Now: YETI, DECK, COLM

Welcome to the latest episode of the Full-Court Finance podcast from Zacks Investment Research where Associate Stock Strategist Ben Rains dives into three sports and outdoor-focuse.....»»

Category: worldSource: nytApr 1st, 2019

Dollar index holds losses after retail sales data

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchApr 1st, 2019

Cities become a battleground for retail and groceries

Target, Amazon and others have their sights set on underserved urban-dwelling customers......»»

Category: topSource: moneycentralMar 27th, 2019