Singapore’s central bank said on Monday it will consider supervisory action against the country’s second-biggest lender Oversea-Chinese Banking Corp (OCBC), after hundreds of its customers were hit by a phishing scam last month.
Mexican entrepreneur Javier Garza Calderon aims to bid on the consumer banking arm of Citigroup (NYSE:C) in the country, pledging to return it to Mexican hands, he said in a statement Sunday.
Ratings agency Moody’s (NYSE:MCO) Investors Service on Sunday placed all ratings and assessments of the consumer banking arm of Citigroup (NYSE:C) in Mexico on review for downgrade.
The Russian stock indices continued to decline at the end of the week amid the ongoing geopolitical pressure and deteriorating sentiments on global markets.
Citigroup Inc (NYSE:C) described the Citibanamex consumer bank in Mexico it is planning to shed as a “jewel” as it gears up to be active with potential buyers in the coming months.
In total gas price dropped by 2.3% during the day.
The MOEX Index lost 2.05% to 3,599.43 points during the Friday trading on Moscow Exchange, while the dollar-denominated RTS fell by 1.58% to 1,493.08 points.
The gas price in Europe gained 10.6% as Friday exchange trading opened, rising above $1,100 per 1,000 cubic meters.
As of 10:14 am, the RTS Index was up by 1.57% at 1,540.77 points, while the MOEX Index was up by 0.93% at 3,708.77 points.
The co-head of HSBC’s investment bank Georges Elhedery will take a 6-month sabbatical from the bank starting in March.