Chief Financial Officer John Gerspach said on Friday that Citigroup managers are thinking about the fourth largest U.S. bank's possible failure in the future as they go about their day-to-day business
Former UBS and Citigroup trader Tom Hayes who is serving an 11-year jail sentence for conspiring to rig Libor global interest rates, was blocked from appealing to the UK's Supreme Court against his conviction on Tuesday.
Citigroup Inc. is now included in the investigation regarding FIFA's recent scandal. The company together with other banks will be placed under the microscope as authorities try to find relevant information.
A raft of banks could face tough questions in the sweeping U.S. crackdown on alleged corruption in global soccer as prosecutors review how much they knew about millions of dollars in bribes flowing through the U.S. banking system to accounts around the world.
