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Citigroup resolves ‘technical issue’ that left accounts frozen

June 25, 2016 by · Leave a Comment 

(Reuters) – Citigroup Inc said on Friday it resolved a technical issue that had left customers unable to access their accounts remotely. Customers had taken to social media to complain about the outage, which affected several U.S. states, including New York, Pennsylvania and California, according to Bloomberg. “We experienced a brief technical issue that

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Citigroup resolves ‘technical issue’ that left accounts frozen

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Top U.S. regulators say financial system functioning in ‘orderly manner’

June 25, 2016 by · Leave a Comment 

U.S. financial regulators on Friday said the country's financial system is functioning in an “orderly manner” after Britain voted to leave the European Union and sent markets around the globe reeling. The Financial Stability Oversight Council – which includes the heads of the U.S. Treasury, Securities and Exchange Commission and Federal Reserve – “noted that the U.S. financial system continues to function in an orderly manner, and that the Council will continue to monitor ongoing developments

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Top U.S. regulators say financial system functioning in ‘orderly manner’

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Ratings agency Moody’s says Britain at risk of credit downgrade

June 25, 2016 by · Leave a Comment 

By David Milliken LONDON (Reuters) – Ratings agency Moody's said Britain's creditworthiness was now at greater risk after voting to leave the European Union, as the country would face substantial challenges to successfully negotiate its exit from the bloc. Moody's assigned a negative outlook to its 'Aa1' rating for British government debt after a Thursday referendum showed that a clear majority of Britons wanted to leave the EU, prompting Prime Minister David Cameron to announce he would resign. Britain's finance ministry and …

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Ratings agency Moody’s says Britain at risk of credit downgrade