Citigroup has found itself in an incredibly uncomfortable position in the case between Argentina and a group of hedge fund creditors suing the country for over $1.3 billion in defaulted debt.

Citibank Argentina CEO Gabriel Ribisich, who has led the bank since 2013, was fired last week because he "ignored" local laws. Yes, that's vague, so here's what happened: Argentina wanted Citibank ...

Citi recorded an approximate $880 million translation loss in revenues in Argentina in the quarter, as a result of the recent devaluation of the Argentine peso. The decrease in revenues impacted ...

Citigroup C-0.17%decrease; red down pointing triangle recorded a litany of one-time charges and expenses in the fourth quarter related to its exposures to Argentina’s debt market, Russia’s ...

Letting Citi’s local Argentine law bonds off the hook “would open the door for Argentina to seek other evasions,” said Ted Olson, Singer’s lead lawyer and a former solicitor general ...

Citigroup’s (NYSE:C) exposure to beleaguered Argentina appears to be manageable so long as the financial turmoil doesn’t spread to other Latin American nations, according to a report by Keefe ...

During that time, Citigroup took more than $2 billion in charges related to the unit. Reuters news service, citing a memo it obtained, said the request follows a similar probe by the U.S. SEC ...

The judge’s decision, which Citi Argentina said was issued on Friday, comes after he had ruled earlier this month that the bank couldn't make the payments. The judge’s previous decision ...

SAN FRANCISCO (CBS.MW) -- Citigroup said Wednesday that the Securities and Exchange Commission has begun an investigation of how the bank accounted for operations in Argentina in part of 2001 and ...

Citigroup has found itself in an incredibly uncomfortable position in the case between Argentina and a group of hedge fund creditors suing the country for over $1.3 billion in defaulted debt.