Citigroup to refund retail customers for investment losses in Australia

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......»»

For some vendors, opening warehouses to retail customers is a straightforward way to meet demand growing for groceries and offset losses......»»

Australia's buy-now-pay-later firm Afterpay Ltd will refund late fees paid by customers in California for loans, which were deemed "illegal" by the U.S. state's financial regulator, the two sides said as part of a settlement......»»

The bitcoin fund is being launched by micro-investment app provider Raiz Invest Australia......»»

The bitcoin fund is being launched by micro-investment app provider Raiz Invest Australia......»»

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

(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......»»

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 .....»»

Mercedes Bent says the acquisition of wealth through apps is an experiential lifestyle goal for millennials - and it's here to stay. Robinhood app. SOPA Images/Getty Images Merce.....»»

Some store workers don’t trust customers — or their co-workers — to be truthful about their vaccination status. Others fear they will be judged if they leave their own masks on, even though their reas.....»»

For some dissatisfied retail and restaurant workers, a growing number of job openings in other sectors has mad.....»»

After recording huge losses following the GameStop Corp. (NYSE: GME) trading frenzy earlier this year, hedge funds are now looking beyond equities to focus on junk- and investment-grade rated bonds for short bets. read more.....»»

As in the past, the furniture chain is offering to refund customers for their purchases if the Red Sox throw a no-hitter later this season. But unlike in the past, MLB pitchers are on pace for a record number of no-nos this year......»»

Big national banks are on track to surpass regional and midsize banks in overall satisfaction after achieving big gains in customer satisfaction, according to the J.D. Power study......»»

Peloton instructed customers to immediately stop using the treadmill and contact the company for a full refund or "other qualified remedy." Peloton Tread+. Peloton Peloton Peloton is recalling all its tr.....»»

A California man has filed a federal class action lawsuit against Cincinnati-headquartered grocery giant Kroger, accusing the retail chain of misleading customers through its product labeling......»»

Unlike Ford, Google or Citigroup, the investment bank isn’t telling workers that a hybrid workplace will be its new routine......»»

Happy Thursday! Welcome back to Insider Retail, your weekly delivery of deep dives spanning shopping, fast food, startups, and so much more. Happy Thursday! Welcome back to Insider Retail, .....»»

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

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