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The Latest Breaking News from Citibank

The grey moral ground of lying on expense travel reports

A Citibank employee was recently fired for fudging receipts, but companies are striving to follow the rules laid down by the IRS

The Guardian - US

Citibank fires banker for Instagram message saying ‘no wonder Hitler wanted to get rid’ of Jewish people

Citibank fires banker for Instagram message saying ‘no wonder Hitler wanted to get rid’ of Jewish people

Finance specialist wrote the post in response to a deadly explosion at a hospital in the embattled Gaza Strip

The Independent UK

Citi banker fired over meal loses wrongful termination lawsuit

Citi banker fired over meal loses wrongful termination lawsuit

The employee, a financial crime expert working for the bank in London, sued for wrongful and unfair dismissal.

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International banker sacked after claiming partner’s sandwich on expenses

Citibank analyst dismissed after claiming for two sandwiches, two coffees and two pasta dishes on work trip to Amsterdam

The Independent UK

Banker who got into double trouble for claiming 2 meals on expenses loses UK lawsuit over firing

A financial analyst who was fired by Citibank after claiming a two-sandwich lunch on expenses has lost a legal battle for wrongful dismissal

The Independent UK

Citibank wins lawsuit against former analyst who was dismissed for buying his partner meals then charging it to the company

Szabolcs Fekete claimed he had eaten two portions of pasta in one sitting, but the Citibank analyst later admitted his partner had been on the work trip with him.

Banks Keep Financing Coal Despite Their Net-Zero Pledges Thanks to Massive Loophole

JPMorgan Chase, Bank of America, Citibank and Wells Fargo are among those putting big money into companies that operate coal plants.

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Morningstar cites 3 undervalued stocks to buy in 4th quarter

Morningstar cites 3 undervalued stocks to buy in 4th quarter

The investment research firm calculates that the market as a whole was 8% undervalued as of Sept. 25.

The Disney-Charter cable TV dispute could cost Disney up to $2.3 billion—it all depends on how many customers ditch cable for good

The Disney-Charter cable TV dispute could cost Disney up to $2.3 billion—it all depends on how many customers ditch cable for good

Disney is banking on Charter’s customers switching to streaming services that carry Disney-owned channels.

Wire transfer scam victims say banks could stop the fraud — but don’t

Wire transfer scam victims say banks could stop the fraud — but don’t

Consumers have lost billions through unwanted wire transfers, which don’t carry the same legal protections as debit or ATM transactions. The banks say they’re doing all they can to warn people about scams.

Chicago Sun-Times

Protect seniors from real-life horror show of financial exploitation

Protect seniors from real-life horror show of financial exploitation

In one case, a Citi — or Citibank — executive allegedly used the sheen and reputation of a respected business to fleece her victims with a movie-making scam.

Chicago Sun-Times

Tamil writer Sivasankari talks about her memories of Mount Road

Tamil writer Sivasankari talks about her memories of Mount Road

Writer sivasankari reminisces on Mount Road and her childhood and teenage

How do you buy a home with little or no credit? Turn rent payments into credit score points

Zhiqiang Su, 50, and Yuping Liang, 50, moved from China to Chicago in 2020, seeking a life with better education opportunities for their now 21-year-old daughter and more freedom.

Chicago Tribune

Invest NI gave $90 billion bank that funds fossil fuels almost £40 million

Invest NI gave $90 billion bank that funds fossil fuels almost £40 million

They said the funding was for 2,000 jobs and they do no due diligence on the fossil fuel interests of companies

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W5 nature and climate exhibition sponsored by mega fossil fuel funder Citibank

Climate activists to stage a greenwashing protest outside the education attraction in Belfast

Stocks Rally on Resilient U.S. Economy

What you need to know… The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed up +1.15%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.63%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.75%. Stocks rose on tech-stock leadership, with the Nasdaq...

Stocks Higher on Resilient U.S. Economy

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.35%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.19%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.75%. Stocks are higher on tech stock leadership, with the...

Markets Today: Stocks Slightly Higher on Resilient U.S. Economy

Morning Markets September E-Mini S&P 500 futures (ESU2 3) this morning are up +0.09%, and Sep Nasdaq 100 E-Mini futures (NQU2 3) are up +0.34%. Stocks are slightly higher after today’s U.S. durable goods orders report indicated resiliency in the U.S. economy. Today’s May U.S. durable goods orders report of...

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Best Banks for High-Net-Worth Clients

These banks welcome customers who keep high balances in deposit and investment accounts, showering them with fee breaks and access to financial-planning services.

ED issues notices to Xiaomi, 2 senior executives for FEMA 'violations' to the tune of ₹5,551 crore

The Enforcement Directorate (ED) on Friday said it had issued show cause notices to the Indian arm of Chinese mobile phone manufacturer Xiaomi, its chief financial officer and director Sameer B. Rao, former managing director Manu Kumar Jain and three foreign banks for alleged violations of the foreign exchange law…

Tribune News Service

Looking to apply for home equity lines of credit? Some larger banks have a pause on them

For homeowners looking to take out new applications for home equity lines of credit, they may be out of luck with some of the larger banks.

Citibank CEO ‘very pleased’ First Republic’s demise eliminates the last big threat from banking's recent turmoil

With the collapse of the second-largest commercial lender in U.S. history, Citi’s Jane Fraser believes the financial sector is now poised to draw a line under the crisis.

The Guardian - US

Climate protesters call out US banks for funding fossil fuel projects

Offices of Citibank in New York and Wells Fargo in San Francisco targeted by activists urging shareholders to act

The 10 best personal loans for April 2023

We compared personal loans across 17 financial institutions and weighed loan amounts, terms, associated fees, customer service options, and more.

Asharq Al-Awsat

ICJ Rejects Iran's Bid to Release Assets Frozen by US

The International Court of Justice (ICJ) has rejected Iran's legal bid to release about $2 billion owned by the Markazi Bank frozen by the US. The Associated Press reported that the largest part of the case focused on Bank Markazi and its frozen assets of $1.75 billion in bonds and…

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