Citigroup denies criminal cartel allegations expected in Australia
Tweet
Share
E-mail
FILE PHOTO: The Citigroup Inc (Citi) logo is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017. Picture taken October 19, 2017. REUTERS/Chris Helgren
Get Alerts C Hot Sheet
Join SI Premium – FREE
SYDNEY (Reuters) - Citigroup (NYSE: C) on Friday denied allegations of criminal cartel conduct expected to be laid by Australian prosecutors over its involvement in a $2.3 billion share issue it underwrote for Australia and New Zealand Banking Group Ltd
"Citi steadfastly denies the allegations made against it, and certain employees," the bank said in an emailed statement.
"Citi will vigorously defend these allegations on behalf of itself and its employees."
(Reporting by Paulina Duran; Editing by Stephen Coates)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Citigroup set to join top banks in Anthropic IPO - Bloomberg
- Citi upgrades O-I Glass to Buy with $9 price target, opens 90-Day upside catalyst watch
- Morgan Stanley sees India steel stocks continuing gains
Create E-mail Alert Related Categories
General News, Litigation, ReutersRelated Entities
CitiSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
