Barclays Plc and Citigroup approached South African competition regulator with information relating to the alleged rigging of the rand currency's exchange rate, two sources with direct knowledge of the matter said on Friday.
Citigroup Inc, the No. 3 U.S. bank by assets, reported a 51% jump in quarterly profit as lower costs more than made up for a fall in revenue amid increased market volatility and uncertainty about the timing of a U.S. interest rate hike.
A federal judge on Thursday said Citigroup Inc. cannot process interest payments by Argentina on some bonds issued under that country's law, a defeat for the cash-strapped nation as it tries to reenter international debt markets.
In 2013, silver tended to be more volatile than precious gold. Spot silver prices crashed almost 36% from $30 per ounce to sub-$20 levels. However, in stark contrast to gold ETFs, the holdings in silver ETF shares held on. After the disastrous 2013, what is in store for silver next year?