Warren Buffett’s Berkshire Hathaway Inc. has joined the group bidding for Citigroup Inc.’s consumer lending unit, the Wall Street Journal said Wednesday, citing people familiar with the matter. Berkshire has joined the consortium consisting of private-equity investment firm Centerbridge Capital …
Draft legislation is being circulated in Congress that would require firms to make reasonable efforts to secure customers’ personal data and to provide quick disclosures in the case of a data breach. U.S. Representative Mary Bono Mack, who has held …
Citigroup Inc. said computer hackers breached the bank’s network and accessed the data of about 200,000 bank card holders in North America, the latest of a string of cyber attacks on high-profile companies. Citi said the names of customers, account …
Citigroup Inc. won a victory over actor Larry Hagman this week when a judge threw out an arbitration award against the bank for over $11 million in damages. Hagman, the actor who played the nefarious J.R. Ewing in the 1980s …
