U.S. regulators have asked Citigroup for urgent changes to the way it measures default risk of its trading partners.
Read More Exclusive: Citi hit by new Fed rebuke, setbacks on consent orders
Tag: Citigroup
Wall Street ends down as US retail sales data crimps rate cut bets
Stocks finished lower after upbeat December U.S. retail sales data eroded expectations the Federal Reserve will kick off its rate-cut campaign as early as March.
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S&P, Nasdaq muted as markets brace for inflation and Fed
The S&P 500 was muted and Nasdaq inched lower on Monday in the run-up to an action-packed week that includes the Federal Reserve’s policy meeting and inflation data.
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