First Thoughts

Citigroup Inc

Citigroup Inc. or Citi is an American multinational financial services corporation headquartered in Manhattan, New York City, New York, United States.

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East West Bancorp downgraded by Citigroup Inc to underperform. $EWBC
NCR upgraded by Citigroup Inc to outperform. $51.00 PT. $NCR
GoPro upgraded by Citigroup Inc to neutral. $GPRO
Foundation Building Materials Inc (FBM) Now overed by Analysts at Inc. Read more: $C
Headwind : A victory for Marine Le Pen in France’s presidential elections would cripple the country’s banking stocks, says Citigroup Inc.
Dermira Inc (DERM) Now Covered by Analysts at Citigroup Inc: Citigroup Inc assumed coverage…
Dermira initiated by Citigroup Inc at underperform. $DERM
Sunoco LP downgraded by Citigroup Inc. to neutral. $SUN
New York Morgan Stanley and Citigroup Inc are among those vying to be the designated U.S. clearing yuan...
Citigroup resolves 'technical issue' that left accounts frozen: (Reuters) - Citigroup Inc said on Friday it r...
14 users on Vetr are bullish on Citigroup, Inc., indicating a BUY Rating (4 stars) for $C
Suncor Energy upgraded by Citigroup Inc. to buy. $44.00 PT. $SU via
Citigroup Inc. Begins Coverage on US Foods (USFD): Citigroup Inc. started coverage on shares…
$C Company CITIGROUP INC just submited new SEC filing
Company Citigroup Global Markets Holdings Inc. just submited new SEC filing
Husky Energy upgraded by Citigroup Inc. to buy. $HUSKF
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Volume Alert - C 43.81 Citigroup Inc $C Hit a high today of 44.04 Closing the day 10:30 at 43.81 +1.13 +2.65%
Check out this Teller (20 Hours) Maryland Parkway Branch at Citigroup Inc in
Rockwell Collins's PT raised by Citigroup Inc. to $93.00. neutral rating. $COL
Citigroup Inc., Goldman Sach's, JP Morgan Chase & Co, and Morgan Stanley?! These are ALL big time banks. Game over. Hillary wins. 😂
Citigroup Inc. (Saint John NB): "CitiFinancial is Canada's leading lender of personal loans and home…
In renovating its downtown Manhattan tower, Citigroup Inc. is planning to offer all the amenities of the modern...
Kevin Russell, former global head of equity trading at Citigroup Inc., is joining UBS - from
citing climate change, will cut financing for Citigroup Inc., the third…
Citigroup, citing climate change, will cut financing for coal: Citigroup Inc., the third-biggest US bank, said it…
RPC's hold rating reiterated at Citigroup Inc.. $RES
C&J Energy Services Price Target Cut to $4.25 by Analysts at Citigroup Inc. $CJES
M&T Bank Co. Price Target Cut to $130.00 by Analysts at Citigroup Inc. $MTB
Halliburton Company's PT cut by Citigroup Inc. to $47.00. buy rating. $HAL
Constellium NV's PT cut by Citigroup Inc. to $7.00. neutral rating. $CSTM
Carnival Corp's PT cut by Citigroup Inc. to $57.00. buy rating. $CCL
Free Deep Chocolate VitaMuffins on $79
Analog Devices Raised to "Buy" at Citigroup Inc. (ADI) - The Legacy: Analog Devices Raised to "Buy" at Citigro...
SYNNEX's PT cut by Citigroup Inc. to $88.00. buy rating. $SNX
Nike's PT raised by Citigroup Inc. to $126.00. buy rating. $NKE
Shares of the biggest U.S. banks fell, led by a 2.2 percent decline in Citigroup Inc., after talks to provide...
Comerica Inc. Boost Price Target by Citigroup (Ranked 31st) to Neutral with 52 PT $CMA
Accenture Plc's PT raised by Citigroup Inc. to $101.00. neutral rating. $ACN
Comerica Incorporated's PT raised by Citigroup Inc. to $52.00. neutral rating. $CMA
Ade Ayeyemi will step down as chief executive officer of Citigroup Inc. in sub-Saharan Africa to become...
$C C 53.22 Citigroup Inc $C stock added to my watch list. Right now with C I am watching the last price 53.22 Hig
$STLD - Steel Dynamics Price Target Increased to $24.00 by Analysts at Citigroup Inc. (STLD)
BUENOS AIRES Reuters - Citigroup Inc has been authorized by a U
Citigroup said to be selling Latin American banks for US$1.5b: New York, March 8 — Citigroup Inc, the US bank ...
Citigroup to Seek US$1.5 bil for Latin America banks - Citigroup Inc., the US bank that gets the most revenue from...
New York (Reuters) - Citigroup Inc had at least one advantage in its successful bid for the exclusive right to issue credit cards for
New York, Feb 13 Reuters - Citigroup Inc, Goldman Sachs Group Inc and UBS AG agreed to pay 235 million in cash to settle U
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Thousands of streetlights across Detroit will be lit again w support.
Aggreko plc downgraded by Citigroup Inc. to neutral. $AGK
Canadian Imperial Bank of Commerce Price Target Cut to $111.00 by Analysts at Citigroup Inc. $CM
Citigroup unit probed by more authorities over money laundering: Citigroup Inc (C.N) said additional governmen...
JPMorgan tops list of risky banks: government study: Citigroup Inc. was the secon...
New York, Sept 22 (Reuters) - Citigroup Inc said on Monday it hired Tracey Brophy Warson to head North America operations for Citi Private Bank based in New York.
Darden Restaurants initiated by Citigroup Inc. at buy. $68.00 PT. $DRI
Wells Fargo & Co. quietly passed a milestone at the end of trading last week: It’s now the most valuable U.S. bank ever, surpassing Citigroup Inc.’s 2001 record.
All the bank stocks rallied in the last week with most of the top bank stocks went up by more than 3.5%. Stocks like Bank of America Corp (NYSE:BAC), JPMorgan Chase & Co. (NYSE:JPM), Goldman Sachs Group Inc (NYSE:GS) and Citigroup Inc (NYSE:C) went up by around 4% and Morgan Stanley (NYSE:MS) went up by […]
People like the Citigroup Inc. Chief Economist Willem Buiter are either malignantly stupid, (and considering his pos…
What do these corporations have in common? Boeing Co, Ford Motor Co, Chevron Corp, Citigroup Inc, Verizon...
Reliance has appointed Citigroup Inc and Bank of America . Merrill Lynch to help sell its 45 percent stake,
Top Contributors This table lists the top donors to this candidate in the 2008 election cycle. The organizations themselves did not donate , rather the money came from the organizations' PACs, their individual members or employees or owners, and those individuals' immediate families. Organization totals include subsidiaries and affiliates. Because of contribution limits, organizations that bundle together many individual contributions are often among the top donors to presidential candidates. These contributions can come from the organization's members or employees (and their families). The organization may support one candidate, or hedge its bets by supporting multiple candidates. Groups with national networks of donors - like EMILY's List and Club for Growth - make for particularly big bundlers. University of California $1,799,460 Goldman Sachs $1,034,615 Harvard University $900,909 Microsoft Corp $854,717 JPMorgan Chase & Co $847,895 Google Inc $817,855 Citigroup Inc $755,057 US Government $638 ...
Anglo American Platinum Ltd(ADR) upgraded by Citigroup Inc. to neutral. $AGPPY
De La Rue plc Price Target Cut to GBX 820 by Analysts at Citigroup Inc. $DLAR
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Citigroup to Vend Diners Club Business with Retail Operations - Citigroup Inc. (C) is...
Citigroup Inc. or Citi is an American multinational banking and financial services corporation headquartered in Man..
[09:05, 20/08/2014] Hitesh KVK: International Snippet Ø Citigroup Inc is considering the sale of its retail-banking business in Japan, the Wall Street Journal said on Wednesday, citing people familiar with the matter.Citigroup is considering a possible auction for the sale, the Journal reported.( ET ) Ø New York's banking regulator hit Standard Chartered Bank with a $300million fine and restrictions on its dollar-clearing business Tuesday for inadequate controls on possible money laundering.( ET ) Ø Global miner BHP Bi lliton will spin off a $16-billion company to shareholders, offloading assets acquired in its 2001merger with Billiton, as it looks to focus on its strongest businesses.( ET ) [09:09, 20/08/2014] Hitesh KVK: Economc Snippet Ø GST meet today: Consensus likely to stay elusive.State finance ministers meet again but even BJP-ruled states are restive at perceived loss of autonomy.( BS ) Ø The International Finance Corporation (IFC), private finance arm of the World Bank, is set to rais ...
EU Aims at Russian Banks, Technology in Widest Sanctions The European Union curbed Russia’s access to bank financing and advanced technology in its widest-ranging sanctions yet over President Vladimir Putin’s backing of the rebels in eastern Ukraine. EU governments agreed today in Brussels to bar state-owned banks from selling shares or bonds in Europe and restricted the export of equipment to modernize the oil industry, a key prop for Russia’s economy, the EU said in a statement. New contracts to sell arms to Russia and the export of machinery, electronics and other civilian products with military uses will also be banned. “The political implications of the escalation in tensions are likely to cast a further chill over relations between Russia and the West,” Citigroup Inc. (C) analysts including Eric Lee and Tina Fordham said in a note to clients before the EU decision. “Economic costs are starting to bite, but it could be a while before the economic consequences bear domestic political costs ...
Citigroup names Boyle as head of equity derivatives - Citigroup Inc, the third-biggest US bank by assets, appointe...
Citigroup Inc. (Montréal QC): "Bilingual would be an asset. Location: London, Ontario or...
BlackRock, Pimco Sue Banks for Mortgage-Bond Trustee Role BlackRock Inc. (BLK), the world’s biggest money manager, and Pacific Investment Management Co. are among investors that sued banks including Citigroup Inc. (C) and Deutsche Bank AG (DBK) over their roles as mortgage-bond trustees, as investors continue to try to recover losses from the financial crisis. The banks knew the loans underlying trillions of dollars of residential mortgage-backed securities were misrepresented and failed to invoke their rights to force the sellers to buy them back or act against servicers, causing billions of dollars in losses, according to complaints filed yesterday in New York State Supreme Court in Manhattan. Bank of New York Mellon Corp., as trustee for more than 1,000 trusts backed by almost $1 trillion worth of residential mortgages, “ignored pervasive and systemic deficiencies” in the pools of loans and their servicing and failed to take any action, according to the complaint against it. The bank “did nothi ...
Citigroup Selling Second Non-Agency Mortgage Bonds Since Crisis: Citigroup Inc. (C) , the bank asked to pay more...
Today, more than 50% of the world's population live in cities, climbing to 70% by 2050.
The Global Fresh Water Crisis: Algae Blooms, Privatization and Scarcity By Rex Weyler I live on a lakeshore. It’s face changes not only day-to-day, but moment to moment, menacing and dark, then ethereal with silver light dancing everywhere, then solemn again like glass, then lively with trout feeding at the surface. This spring, I saw a new face. In April, we experienced a very unpleasant smell and taste in the lake water. For days, no trout hit the surface. I paddled out in the canoe and ran my fingers through the algae bloom. I had not witnessed this face before, and it startled me. A biologist friend and I collected water samples, looked at droplets under our microscopes, and began to identify the organisms living in our lake. If you have not seen this sort of thing, imagine: a fraction of a drop of water, pressed flat between two pieces of glass, a tiny damp smudge, and within this world, little bacteria, diatoms and dinoflagellates swim around as if alien sea monsters in the mid-Pacific. algae We . ...
Aviv REIT initiated by Citigroup Inc. at neutral. $30.00 PT. $AVIV via
WSJ Online - Citigroup Currencies Chief Quits - Citigroup Inc. is losing another top foreign-exchange banker, with...
The Capitalist, Industrial Response: Sell It! Water, the story behind the meters and why we need to fight the vultures.don't let our water become an "Asset Class". In 2006, Europe’s largest bank, Swiss UBS, wrote, “Water scarcity: The defining crisis of the 21st century?” The following year they bought UK’s Southern Water with JP Morgan and Australia’s Challenger Fund. In 2008, Credit Suisse warned investors of the “depletion of freshwater reserves [due to] “pollution, disappearance of glaciers and population growth,” and advised: “One way to take advantage of this trend is to invest in companies geared to water generation.” We know that companies do not actually “generate” any water, but rather lay claim to it. They see water shortages as an opportunity to privatize water and sell it to those who can afford it. “Water is the oil of the twenty-first century,” DOW Chemical CEO Andrew Liveris told The Economist in 2008. According to a report by Global Research, water is now a $42 ...
[$$] Citigroup Currencies Chief Quits: [at The Wall Street Journal] - Citigroup Inc. is losing another top for...
The U.S. Justice Department has asked Citigroup Inc. for more than $10 billion to settle a probe into the lender’s sale of mortgage-backed bonds in the run up to the 2008 financial crisis, according to a person familiar with the negotiations.
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Citigroup : Announces Expiration and Final Tender Results of Offers to Purchase Nine Series of Outstanding ... $C
THE BRAZIL WORLD CUP IS PROVIDING A BEAUTIFUL SMOKESCREEN FOR THE MASS ARRESTS OF CABAL VIP's BY THE GROUND CREW FORCES AND ALL THE ACTION BEHIND THE COVER. + Global currencies reset is in progress. + Disclosure of evidence of crimes by elites in power. + More than 100 indictments against senators and congressmen in Washington alone. Some have already been arrested. + Top banksters avoiding arrest by committing suicide. One IMF bankster was so determined to make a hurried exit that he shot himself in the head three times! (Don't laugh. These people are serious about money matters.) Recent suicides were from World Bank, IMF, Central Bank of Iraq and dead bankster syndrome totals around 40. + This is the latest report from ZAP but other sources confirm these developments. + Included below is the list of 44 controllers of world finance. On June 21, 2014 there will be a worldwide focus by the Light Forces on this Global Financial Sector and this will shift their position of power permanently. Excerpt from: .. ...
Aviv REIT initiated by Citigroup Inc. at neutral. $AVIV
Heritage Insurance Holdings initiated by Citigroup Inc. at buy. $HRTG
REPENT the kingdom of YAH is at hand. Banks including: Bank of America Corp (BAC.N), JPMorgan Chase & Co (JPM.N), Goldman Sachs Group Inc (GS.N), Citigroup Inc, (C.N), and Morgan Stanley (MS.N) have been notified by our government of a coming economic collapse. And while they claim this to be “preventative measures” it is all being done behind the backs of the American citizens. We the people are being left out to dry while the global elite prepare for the impending financial death of the dollar. The Obama administration continually assures its citizens that the economy is improving all while deviously taking precautions on their end. Why is it that they are privy to such information and we are not? They hold quite conversations behind corporate boardroom doors preventing us for obtaining such information. As a result we are forced to examine the evidence around us which shouts, “Prepare! The Collapse is near!” The elites goal is obviously collapsing the dollar, it is no longer a question of ‘if ...
Sunedison initiated by Citigroup Inc. at neutral. $SUNE
DISH Network Corp upgraded by Citigroup Inc. to buy. $40.00 PT. $DISH
U.S. Stocks Rise as Intel, Deals Overshadow Iraq Violence U.S. stocks rose, with the Standard & Poor’s 500 Index paring its first weekly decline in a month, as a rally in Intel Corp. and corporate deals overshadowed concern that violence in Iraq will disrupt oil supplies. Intel jumped the most in three years after raising its sales forecasts for the second quarter and the full year. Express Inc. surged 21 percent after Sycamore Partners said it plans to buy the clothing chain. Priceline Group Inc. dropped 3 percent after agreeing to buy OpenTable Inc. for $2.6 billion in cash. Citigroup Inc. fell 1.4 percent after the U.S. Justice Department said it will seek $10 billion as part of a probe into mortgage-backed bond sales. The S&P 500 (SPX) rose 0.3 percent to 1,936.15 at 4 p.m. in New York, trimming its first weekly slide in a month to 0.7 percent. The equities benchmark nearly erased its gains in the final hour of trading before capping its first advance in four days. The Dow Jones Industrial Average c ...
The Company is engaged in the generation and sale of electricity and by-products of the electricity generation process at Drax Power Station, Selby, North Yorkshire and the sale of electricity to business customers by Haven Power Limited (LON:DRX). …read more Source: Drax Group Plc Rating Reiterated by Citigroup Inc. (DRX)
Sunedison Semiconductor Ltd initiated by Citigroup Inc. at neutral. $SEMI
CITIBANK IS OUT OF TEXAS. Can you imagine one of the top 20 banks in the World, out of the Texas state ? In the city that is the capital, plus all the international business connections and no Citibank in Austin ? Just insane, American banks are ranking : Citibank is the 14th largest bank in the World. Chase the 6th, Bank of America the 12th, Wells Fargo the 21st and obviously 1st is ICB of China, 2nd HSBC from UK, 3rd Credit Agricole from France, 4th BNP from France, 5th Mitsubishi from Japan and 8th Deutsche Bank from Germany. BB&T Corp. already bought all 7 Citigroup Inc. bank branches in Austin as part of a 21-branch statewide deal. The deal also includes all Citibank branches in the San Antonio and the Bryan-College Station areas. The acquisitions, which are scheduled to close during the second quarter 2014,( last day was Friday on June 13 2014 ) would expand North Carolina-based BB&T’s presence in Texas to 81 financial centers and $2.8 billion of deposits, BB&T officials said Wednesday.
New York (Reuters) - Citigroup Inc has been asked by the U.S. Department of Justice to pa...
Lululemon Athletica inc. downgraded by Citigroup Inc. to neutral. $LULU
Goldman Sachs Group Inc. President Gary Cohn. Goldman’s Cohn Says Inactive Trading Environment Is Abnormal By Michael J. Moore May 28, 2014 11:20 AM EDT 730 Goldman Sachs Group Inc. (GS) President Gary Cohn said low volatility and interest rates that are holding in tight ranges have resulted in an “abnormal” trading market. “The environment for all the firms is quite difficult right now,” Cohn, 53, said today at an investor conference in New York. “What drives activity in our business is volatility. If markets never move or don’t move, our clients really don’t need to transact.” Citigroup Inc. (C) Chief Financial Officer John Gerspach, 60, said yesterday that second-quarter trading revenue could fall as much as 25 percent from year-earlier levels, and JPMorgan Chase & Co. (JPM) estimated a 20 percent drop earlier this month. Cohn stopped short of forecasting the decline for New York-based Goldman Sachs. “We think, at the end of the day, it’s economic in nature,” Cohn said of the ca ...
Markets revenue at Citigroup Inc (C.N) is expected to decline between 20 and 25 percent in the second quarter from a year earlier because of lackluster fixed-income trading, Chief Financial Officer...
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Former Treasury Secretary Timothy F. Geithner said in his new book that members of the Obama administration “talked openly” about nationalizing banks such as Citigroup Inc. in the aftermath of the financial crisis, according to an article in the New York Times Magazine.
Costa Rica Business News - Citigroup Inc. (C) cut Costa Rica’s growth forecast after Bank of America Corp. and Intel Corp. said they would fire 3,000 workers in the Central American nation following the opposition’s victory in a presidential runoff. Citi cut its growth forecast for Costa Rica’s 2014...
Lockheed Martin's PT raised by Citigroup Inc. to $217.00. buy rating. $LMT
GE, Exxon-Mobil Corp., Ford Motor Co., General Motors Co., Citigroup Inc., JPMorgan Chase & Co. and PepsiCo Inc., have largest U.S. interests in Russia; world's largest sporting goods brand, Nike, does too
Resolute Energy Corp.'s PT cut by Citigroup Inc. to $8.40. $REN
Government for the people ? Top Campaign Contributors - Goldman Sachs . Citigroup Inc. JP Morgan Chase & Co. USS AG . Along with . Harvard University . Microsoft Corp. Google Inc. Time Warner . Sidley Austin LLP . Stanford University . National Amusements Inc. source - Federal Election Commission With our government beholden to Corp.'s like these do you really think they are for the people
CITI Citigroup Inc. (C), the third-largest U.S. bank, boosted Chief Executive Officer Michael Corbat’s compensation 25 percent to about $14.4 million for 2013, his first full year running the company. He got 78,528 deferred shares valued at $3.88 million, based on the closing price Feb. 18, according to a filing yesterday to the U.S. Securities and Exchange Commission. He received about $5.17 million in a cash bonus, $3.88 million of performance share units and a $1.5 million salary, based on the bank’s description of his compensation plan last year. Citigroup’s profit jumped 84 percent to $13.9 billion last year as Corbat, 53, boosted revenue and cut costs. The CEO’s package compares with $20 million for JPMorgan Chase & Co.’s Jamie Dimon and $14 million for Bank of America Corp.’s Brian T. Moynihan. Goldman Sachs Group Inc. gave Lloyd C. Blankfein $23 million, and hasn’t said yet whether he will get a long-term incentive granted in past years. Corbat, who was named CEO in October 2012 afte ...
Citigroup, Barclays settle lawsuit over losses tied to Lehman: Citigroup Inc has settled a lawsuit against Bar...
HudBay Minerals downgraded by Citigroup Inc. to sector perform. $HBM
GoPro led by J.P. Morgan Chase & Co., Citigroup Inc., and Barclays Plc Will Seek to Raise Around $400 million for IPO
Meredith Corp. upgraded by Citigroup Inc. to buy. $MDP
Benjamin Lawsky, superintendent of New York’s Department of Financial Services, asked more than a dozen firms including Deutsche Bank AG (DB), Goldman Sachs Group Inc. (GS) and Citigroup Inc. (C) for documents on their currency-trading practices, said a person with knowledge of the matter. Deutsche Bank, the top foreign-exchange trader, fired four dealers after an internal probe, people with knowledge of the move said. Goldman Sachs lost two partners while Citigroup said its foreign-exchange chief will leave in March. Lawsky’s investigation is at least the 12th opened by authorities in Europe, the U.S. and Asia since Bloomberg News reported that traders at the world’s largest banks colluded to manipulate the benchmark WM/Reuters rates.
New York’s top financial regulator opened a probe into the foreign-exchange market as banks including Deutsche Bank AG, Goldman Sachs Group Inc. and Citigroup Inc. lost senior traders in resignations and firings.
Banks picked for Axis Bank stake sale IST India has chosen JPMorgan Chase & Co, Citigroup Inc and JM Financial Ltd to help sell half of the government's stake in Axis Bank Ltd valued at $925 million.
Anglo American Platinum Ltd(ADR) downgraded by Citigroup Inc. to sell. $AGPPY
Entrepreneurs from Silicon Valley to Wall Street say they don’t care much for Bitcoin as a currency to supplant the U.S. dollar. As a payment technology they could use to undercut Visa Inc., Western Union Co. or Citigroup Inc., they say they like it a lot more.
The dollar rose to almost a five-year high against the yen as traders bet on a divergence in monetary policy with the Federal Reserve paring stimulus, while the Bank of Japan continues unprecedented easing. Bloomberg report said the U.S. currency strengthened against most of its major peers as reports showed orders for durable goods and new-home sales rose more than forecast in November. The yen weakened for a second day as the Nikkei 225 (NKY) Stock Average topped 16,000 for the first time since 2007 and China conducted operations to ease a cash crunch, damping demand for Japan’s currency as a haven. Thailand’s baht dropped to a three-year low versus the dollar. “Durable goods and new-home sales were well above expectations,” Steven Englander, global head of Group of 10 currency strategy at Citigroup Inc., wrote in an e-mail. “With most investors now focused on 2014, it may be Jan. 2, 3 or even Jan. 6 before active trading resumes. But with such good data and so little reaction, the New Year ma ...
Standard Chartered Plc and Citigroup Inc. have seen their $6 billion bet on South Korea turn sour in less than 10 years as the two banks struggle to sustain profits in an economy plagued by rising household debt.
Thailand’s Rural Boom Yields Mercedes and $6,000 Jacuzzis When Tos Chirathivat and his billionaire family make acquisitions for their Thailand-based retail, property and hotel empire, they often do it in style. Seeking additional prime space in Bangkok’s congested downtown in 2006, Tos’s Central Group bought 1.4 hectares (3.5 acres) of the British ambassador’s front lawn, which it’s now transforming into a curvaceous luxury shopping mall in the shape of an infinity symbol, Bloomberg Markets magazine will report in its December issue. Then, in 2011, the family entered the European market, paying $350 million for the Italian department store chain La Rinascente SpA, whose stately flagship emporium fronts Milan’s Piazza del Duomo. Lately, the urbane Tos, a former Citigroup Inc. investment banker who was educated at New York’s Columbia University, has also been expanding in an entirely different direction. He’s opening stores, malls and hotels in Thailand’s poorest region, the parched northe ...
Nickel Reaches 8-Week High as Export-Ban Prospect Spurs Buying Nickel touched an eight-week high in London as investors purchased the metal to close out bets on lower prices amid prospects for Indonesia, the world’s biggest producer, to bar ore exports. A ban on shipments from Indonesia of ores including bauxite, used to make aluminum, and nickel may take effect next year to aid local processing. Nickel gained today on buying to close out so-called short positions, according to Citigroup Inc. Prices slid 14 percent this year, the most among the six main metals traded on the London Metal Exchange. “It has been the big short play in the year to date, largely by CTAs,” or commodity trading advisers, David Wilson, an analyst at Citigroup in London, said by e-mail. Nickel for delivery in three months climbed 1.8 percent to $14,629 a metric ton by 10:32 a.m. on the LME. Prices reached $14,650, the highest since Aug. 22. Copper for delivery in three months rose 0.1 percent to $7,250 a ton and the contract ...
By going private, BlackBerry may buy time to fix itself - The deal, which analysts expect to hold up under scrutiny from antitrust regulators, will create a company valued at about $29 billion that would be 68 percent owned by Applied Materials shareholders, the companies said on Tuesday. The deal is the second-largest foreign purchase of a Japanese company, according to Thomson Reuters data and is worth $7.06 billion including net debt and excluding cash. That follows Citigroup Inc's(C.N) purchase of Nikko Cordial Corp for $7.9 billion in 2007. Applied Materials shares finished 9 percent higher on the Nasdaq at $17.45. The announcement came after the close of trading in Tokyo, where Tokyo Electron shares ended 0.4 percent higher. Applied, Tokyo Electron and Dutch chip equipment maker ASML Holding NV(ASML.AS) are the three largest players in an industry that has consolidated as the rising cost of developing cutting-edge chips and slowing semiconductor demand forced alliances and acquisitions. Most U.S. ch ...
(GARDEN CITY, NY) Adelphi University is proud to announce that Peter Orszag, chairman of the financial strategy and solutions group at Citigroup Inc. and a
"($OPEN)'s shares opened lower after Citigroup Inc initiated a Sell rating. See more at
$C Citigroup, Inc. (NYSE:C) expanding its business overseas into the emerging ...: . Citigroup, Inc. (NYSE:C) e...
Citi to Sell and Leaseback About 92 U.S. Branches: By Matthias Rieker . Citigroup Inc. (C) is selling 92 of i...
-Citigroup Inc.'s private-equity unit Citi Venture Capital International has invested 3.4 billion rupees ($56.48 million) in Bangalore-based automotive and aerospace component maker Sansera Engineering Pvt. Ltd., the Indian company said Tuesday. Citi Venture Capital is acquiring a "substantial stake," it said in a news release said without elaborating on the stake. Sansera began commercial production in 1987 and supplies products to more than 20 customers in India and globally. It reported consolidated revenue of about 5.5 billion rupees ($91.44 million) for the year ended March 31, the release said. Citi Venture Capital has made 43 investments in India starting in 2001, data on its website showed. Private-equity investors have invested $9.18 billion in India in 2012 and $3.38 billion so far this year, according to data from research firm Venture Intelligence
Overnight Market News - Citigroup Inc’s private equity firm, Citi Venture Capital International, is in talks to...
Bond Risk Rises in Asia Outside Japan, Default Swap Prices Show The cost of insuring bonds against non-payment in Australia and in Asia outside of Japan increased, according to traders of credit-default swaps. The Markit iTraxx Asia index of 40 investment-grade borrowers outside Japan climbed 2 basis points to 157 basis points as of 8:36 a.m. in Singapore, Royal Bank of Scotland Group Plc prices show. The measure is set to rise for the first time in three trading days, according to data provider CMA. The Markit iTraxx Australia index rose 2 basis points to 135 as of 10:32 a.m. in Sydney, Westpac Banking Corp. prices show. The gauge, which fell 3.1 basis points last week, is on track to close at its highest level since July 4, according to CMA, which is owned by McGraw-Hill Cos. and compiles prices quoted by dealers in the privately negotiated market. The Markit iTraxx Japan index was little changed at 103.3 basis points as of 9:19 a.m. in Tokyo, according to Citigroup Inc. The benchmark is on track for it ...
Iraq&State Company for Oil Projects has said Citigroup Inc. is among international banks seeking to finan ...
$C Bank Stocks to Watch, JPMorgan Chase & Co, Citigroup Inc, Bank of America ...: . Bank Stocks to Watch, JPMor...
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Citi Settles Repurchase Liability With Fannie - A huge settlement reached between Citigroup Inc. and the Federal National Mortgage Association will relieve the lender of repurchase liability on millions of home loans.The agreement with Fannie Mae was separately announced Monday by both the New York-based financial services giant and the secondary lender.Citi said that the settlement resolves potential future repurchase claims for breaches of representations and warranti...
Citigroup Inc. is looking to set up shop in Iraq. The third-largest U.S. bank said Monday it had obtained permission from Iraq’s central bank to open a representative office in Baghdad, positioning it to become the first American lender in the war-torn country.
Citigroup coughing up nearly $1B to Fannie Mae - Citigroup Inc. has agreed to pay D.C.-based Fannie Mae $986 million to settle claims that it misrepresented or breached its warranty on 3.7 million home mortgages, Citigroup said Monday. The mortgages in question were originated between 2000 and 2012, and New York-based Citi (NYSE: C) says it can cover substantially all of the settlement with its mortgage repurchase reserves, though it expects to add $245 million back int...
Over the past few years, Citigroup Inc has been grappling with an unusual problem - how to incur more U.S. taxes.
Citigroup Inc. could lose as much as $7 billion on currency swings if Charles Peabody is right, putting the analyst at odds with peers who say the stock will be the best performer among big U.S. banks in the year ahead.
After more than 160,000 rides, a few software glitches, and one particularly irate Wall Street Journal editorial, New York City’s bike share program, Citi Bike, is up and pedaling. Modeled after similar bike share systems from Minneapolis to Montreal, and privately funded by Citigroup Inc. among oth...
Cyber-crime Microsoft, FBI take down huge global cyber-crime ring Microsoft Corp. and the FBI, aided by authorities in more than 80 countries, have launched a major assault on one of the world’s biggest cyber crime rings, believed to have stolen more than $500-million (U.S.) from bank accounts over the past 18 months. Microsoft said its Digital Crimes Unit on Wednesday successfully took down at least 1,000 of an estimated 1,400 malicious computer networks known as the Citadel Botnets. Citadel infected as many as 5 million PCs around the world and, according to Microsoft, was used to steal from dozens of financial institutions, including: American Express Co., Bank of America, Citigroup Inc., Credit Suisse Group, eBay’s PayPal, HSBC, JPMorgan Chase & Co., Royal Bank of Canada and Wells Fargo. While the criminals remain at large and the authorities do not know the identities of any ringleaders, the internationally coordinated take-down dealt a significant blow to their cyber capabilities. “The bad guy ...
Citi Settles RMBSLawsuit With FHFA - Nearly two years after it was sued by the regulator of Fannie Mae and Freddie Mac, Citigroup Inc. has reached an agreement to settle the action.The Federal Housing Finance Agency filed a federal lawsuit on behalf of Fannie and Freddie against the New York-based financial services giant in September 2011. Citi was just one of 17 defendants named in a host of lawsuits filed by the regulator.Citi allegedly violated the Securities Act of...
CitiMortgage CEODeparting - The head of Citigroup Inc.'s mortgage business is bidding adieu to the company. In addition to replacing the mortgage chief, the company also named a new chief to its troubled asset unit.Sanjiv Das was named chief executive officer of CitiMortgage in July 2008, just as the country was entering the worst financial crisis since the Great Recession. He replaced Bill Beckmann.While Das came to Citi from Morgan Stanley, he had previously worked at...
3 big banks nearly halt foreclosure sales after U.S. tweaks order Wells Fargo, JPMorgan Chase and Citigroup put foreclosures on hold this month while checking that they were in compliance with regulators' revised guidelines for handling troubled borrowers in the 60 days before a foreclosure sale. (David Zalubowski / Associated Press) Regulators roll out streamlined mortgage modification program Lenders venturing back into subprime market Freddie Mac: Mortgage rates rise; average 30-year loan at 3.51% Federal refi program for underwater homeowners hits its stride Ads by Google By E. Scott Reckard . Sales of homes in foreclosure by Wells Fargo & Co., JPMorgan Chase & Co. and Citigroup Inc. ground nearly to a halt after regulators revised their orders on treatment of troubled borrowers during the 60 days before they lose their homes. The banks said they paused the sales on May 6 to make sure that their late-stage foreclosure procedures were in accordance with the guidelines. The banks wouldn't say exactly wh ...
Citigroup Inc's office address and corporate locations at
JCE wishes Joyce King and JKing Dance Company a great weekend of performances at the Ailey Citigroup Theater on Saturday, May 11th!
Citigroup's Head of CEEMEA Strategy Leaves: Citigroup Inc.'s (C) head of Central and Eastern Europe, Middle Ea...
"Napier Park Global Capital, the $6.8 billion hedge fund spun out of Citigroup Inc., is investing $362 million in a railcar leasing venture"
Stephen: I know we’ve been down this path before (and before that, too), but I do feel there is a sense of completion in today’s post from Poof: completion in things actually changing behind-the scenes; completion in Poof’s tone and acknowledgement that the role he’s played up until now is essential...
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Money laundering by large international banks has reached epidemic proportions, and U.S. authorities are supposedly looking into Citigroup Inc. and JPMorgan Chase & Co.
The problem of the big banks is becoming acute, as was made clear by Neil Barofsky in his excellent book Bailout: How Washington Abandoned Main Street While Rescuing Wall Street that I reviewed her...
Citigroup Inc. cut Deutsche Bank AG’s lead as the biggest currency trader in a Euromoney Institutional Investor Plc poll, boosted by its larger share of emerging- market transactions.
Citigroup Sues Barclays for $141 Million over insolvent Lehman Brothers Holdings Inc. losses via
This week Citigroup Inc (C) sued Barclays Plc (BCS) for allegedly breeching an agreement the two had after the collapse of Lehman Brother..
business news Tue May 7, 2013 11:16am EDT. (Reuters) - Citigroup Inc (C.N) has sued Barclays Plc (BARC.L) to recover more than $141 m...
Citigroup sues Barclays over losses tied to Lehman: (Reuters) - Citigroup Inc has sued Barclays Plc to recover...
Stephen: Today’s short message seems to indicate that a broom of sorts has swept through the entire banking system like a “Kirby vacuum” cleaner. Maybe we’ll soon see some tangible evidence of this clean-up…as Poof says, “like a lightning bolt on a clear day”.
Warning!!! There apparently is an update process going on with many major banks and credit unions over the weekend, including Chase, Wells Fargo, First United Bank, CITIGROUP INC, BANCWEST CORPORATION, DEUTSC... IMPORTANT!
GE Capital joins a growing list of financial institutions that no longer provide loans to the firearms industry, including Wells Fargo & Co., Bank of America Corp., and Citigroup Inc.
- U.S. Government Preparing for a collapse (and not in a nice way): Sw...
Chancellor to stick to austerity strategy and defend stance at upcoming London talks
Is this the beginning of the end? I notice there's a credit union on the list. I'm glad I made my large cash withdrawal last week on a hunch. Must remember to keep the gas tank filled, too. They're...
The only problem with this is I don't have a Citibank account at all. - Account verification and update required: We are running site maintenance and therefore, It is now necessary to re-confirm your account information to us. This update must be completed as soon as possible, or we will be forced to suspend your account indefinitely, as it may have not been verified and updated. To update your Citibank account click here: Citibank, N.A. NMLS ID 412915 Copyright © 2013 Citigroup Inc.
In the flood of words written recently about women and work, one related and hugely significant point seems to me to have been neglected. It has to do with America's future, about which -- here's a familiar opinion from me -- I'm an unqualified optimist. Now entertain another opinion of mine: Women ...
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Citigroup Inc., the third-biggest U.S. bank, was sued over $1.08 billion in securities allegedly backed by low-quality mortgages.
Barclays Hires Ex-Citi Head of Derivatives Trading in Sydney: Barclays Plc has hired former Citigroup Inc. hea...
U.S. senators want banks to hold more capital $C
Prospectus CITIGROUP INC - 4-5-2013: shared by: CITIGROUP INC Agreements on: Friday, April 05, 2013Table of Co...
SVP Finance from Citigroup, Inc. confirms for the CFO Forum
BofA said to join Citigroup in selecting new rate-trading heads: Bank of America Corp. and Citigroup Inc., the...
BofA Said to Join Citigroup in Naming Rate-Trading Heads: Bank of America Corp. and Citigroup Inc., the second...
Inc. : Citigroup picks Wikstrom as head of U.S. G10 rates trading $C
A Bloomberg Markets magazine to be releases in May will show that Citigroup Inc is the greenest bank. It has...
CITIGROUP INC. : Philippines: Online Banking Users on the Rise, Says Citi Survey - 4-traders (press release)
Citigroup Inc - C - Stock Quotes: Citigroup Inc, C real time _stock_ quotes, news, videos at...
(Reuters) - A Manhattan federal judge on Monday signaled he will not rubber-stamp Citigroup Inc's proposed $59...
Andrew J. Hall, the former Citigroup Inc. oil trader whose pay package of about $100 million ensnared him in the fight over compensation at bailed- out banks in 2009, is selling handmade lavender soap and grass- fed Angus beef from a farm in Reading, Vermont.
Asian stocks fell from a 19-month high as Chinese shares extended their decline. Japan Petroleum Exploration Co. (1662) surged after Japan confirmed it has extracted frozen natural gas from under the seabed. China Cosco Holdings Co. (1919), the nation’s biggest shipping company, dropped 5.8 percent after Citigroup Inc. said the sale of its logistics unit means the loss of a stable, growing business. Whitehaven Coal Ltd. (WHC), Australia’s second-biggest independent coal producer, sank 5.5 percent on government plans for stricter coal mining approvals. Japan Petroleum, the country’s second-largest oil and gas explorer, surged 9.6 percent after Japan confirmed gas output from methane hydrate, known as “burnable ice.” The MSCI Asia Pacific Index slid 0.3 percent to 136.14 as of 2:48 p.m. in Tokyo after rising as much as 0.3 percent. About five stocks fell for every three that gained on the measure, which closed yesterday at the highest level since August 2011. “Shares have risen a lot already, an ...
Abe Success on BOJ Boosts LDP Comeback as Japan Election Looms Prime Minister Shinzo Abe is riding a popularity wave unseen by six immediate predecessors as he pushes his Bank of Japan (8301) nominees through a divided parliament, raising the odds of the ruling party of winning a July election. Buoyed by a surge in the benchmark stock index to a 4 1/2 year high -- spurred by his anti-deflation policy -- Abe has the highest approval ratings since Junichiro Koizumi stepped down in 2006. This week he may secure his biggest achievement since he took the helm in December, with the largest opposition party signaling it will back Haruhiko Kuroda for BOJ chief. With analysts from Citigroup Inc. to Barclays Plc raising growth forecasts, an improving economic outlook gives the ruling Liberal Democratic Party tailwinds heading into elections for Parliament’s upper house, which it doesn’t control. A win may bring an end to an annual revolving-door of leaders, and give Abe a mandate to pursue free-trade talks oppo ...
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Do well yourself Investors will hope the momentum seen in the market continues for a while at least. A close above 5900 has technically reversed the medium term negative trend and a jump over the psychological 6000 mark may calm frayed nerves. The lessons learnt in recent weeks will prompt investors to stick to the sound companies. No one wants to be caught in carnage. Trading ideas (Time period: 1-3 days) ONGC Mar Fut (BUY above Rs326, Target Rs340, SL 319) Derivative strategies (Time period: Till expiry) ² Long ACC March future above Rs1250 for the Target price of Rs1280 with a Stop loss placed at Rs1235. Lot size: 250 Remarks: Net maximum profit of Rs7,500 and net maximum loss of Rs3,750. Corporate Snippets ² The World Bank has barred Larsen & Toubro from doing any business with it or the projects funded by it for six months, after a senior executive of the conglomerate forged documents in a medical equipment tender. (BS) ² Citigroup Inc, the third-biggest US bank, asked the Federal Reserve for ...
The newest stress tests for US banks produced scores that are at odds with other measures of lenders' safety, in another sign that some institutions may be too big for regulators to understand and executives to manage. For example, Citigroup Inc, which has been bailed out multiple times by the US government, showed up on the score sheets posted by the Federal Reserve on Thursday as being clearly safer than JPMorgan Chase & Co . That conclusion is at odds with the views of investors, bond analysts and credit-rating agencies, as well as when measured by a yardstick regulators themselves want to use in the future. "At the end of the day, there is a legitimate question about the ability of regulators to fully evaluate USD 2 trillion institutions because of the complexity and exposures they have," said Fred Cannon, director of US research at Keefe, Bruyette & Woods. On Thursday, the Federal Reserve reported the latest results of the tests that began after the 2007-2009 financial crisis to determine if banks ha ...
Eleven companies, including Apple, Cisco Systems Inc. and Citigroup Inc., have at least $40 billion in profits reinvested overseas, up from six companies that had crossed that mark last year and three the year before that.
Some say the industry’s biggest banks should be forced to break up. Sanford Weill and John Reed, who created New York- based Citigroup Inc. (C), have said that financial conglomerates could be more valuable and safer if split apart. So have former Merrill Lynch & Co. Chief Executive Officer David Komansky and former Morgan Stanley (MS) CEO Philip Purcell.
Jack Lew is the nominee for Treasury secretary whose own bonus as an investment banker was bailed out by the Treasury Department when it rescued Citigroup Inc. in 2008. He owes much to America’s taxpayers. He should also be grateful to Citigroup for agreeing to let him rejoin the government without…
Nielsen Holdings NV, best known for its TV ratings, increased the size of its contract with India's top software services exporter, Tata Consultancy Services Ltd, to $2.5 billion from $1 billion. The expanded contract, among TCS's largest, comes at a time when there are expectations that India's $100 billion IT services sector may be turning a corner helped by acceleration in IT spending by existing customers and addition of clients. Nielsen also extended the contract by three years to 2020, and said it would buy at least $100 million in services annually from TCS, according to a regulatory filing. The number of clients contributing $100 million or more to annual revenue rose to 16 from 14, TCS said in January. Under the 10-year contract signed in 2007, TCS provided IT and business services to Nielsen. TCS already has a multi-year outsourcing contract worth $2.5 billion with Citigroup Inc and a $2.2 billion contract with UK-based Friends Life. TCS, a unit of the salt-to-steel Tata Group conglomerate, boas ...
New York (Reuters) - At the same time that Citigroup Inc was unsuccessfully trying to convince an arbitrator that the brokerage it owned with Morgan Stanley was worth as much as $23 billion, the U.S. Securities
New York (Reuters) - Citigroup Inc said on Thursday it has overhauled an executive pay plan that shareholders rejected last year as overly generous, revising it to tie bonus payments more closely to stock performance and profitability. The company also said it will pay new Chief Executive Mike Corba...
Citigroup Reversing Call as BofA Left as Holdout By Jonathan Levin Feb. 22 (Bloomberg) -- Wall Street’s biggest banks are coming together to predict Mexico’s first interest-rate cut in three years, as firms from Citigroup Inc. to UBS AG reverse their calls. Nineteen of 20 forecasters said the central bank will trim rates this year, from just eight two weeks earlier, according to a survey published Feb. 20 by Citigroup’s Banamex unit. The number of economists anticipating a reduction was the highest since July 2009, the last time policy makers lowered borrowing costs. The median projection calls for a 0.5 percentage-point cut to 4 percent in April, with only Bank of America Corp. saying Banco de Mexico will stay on hold this year. With Latin America’s second-largest economy forecast to grow at the slowest rate since 2009, the banks are reaching a consensus that policy makers led by central bank Governor Agustin Carstens will chop rates for the first time since taking office in January 2010. Carsten ...
TALK TALK ONLY, NO CHANGE YET, SINGAPOREANS ARE STILL COMPROMISED QUOTE "Singapore will probably force companies to further reduce their reliance on foreign labor in the 2013 budget, after a public backlash against the influx of workers led to the biggest demonstration in more than a decade. Finance Minister Tharman Shanmugaratnam may cut the ratio of overseas workers companies are allowed to hire, according to Credit Suisse Group AG. To counter any labor shortfall, there may also be incentives to boost productivity, economists at Citigroup Inc. and Oversea-Chinese Banking Corp. said ahead of the Feb. 25 budget presentation."
Really? Wolf in sheeple's clothing. This guy should be prosecuted and jailed or hung for his contribution for America's financial meltdown. Do you have a job? Do you own your home? Can you afford the going rental rates in your area? How well do you eat? Are you warm at night? How many times do you get to go out for a meal (not micky d's)? What kind of car do you drive, is it new? Can you afford the fuel to take a trip in that car? What would happen if your spouse had a horrible accident or a heart attack, where would that leave you and your family? Bloomburg, 10-16-12; Micheal J. Moore and Donal Griffen Michael Corbat, the new Chief Executive Officer of Citigroup. After Vikram Pandit abruptly stepped down as CEO of Citigroup on Tuesday, Oct. 16. 2012, Corbat became Pandit's replacement. Corbat has held a wide variety of roles in his nearly 30 years at Citi and its businesses, including commercial banking and wealth management. Citigroup Inc. (C), the bank that awarded former Chief Executive Officer Vikr . ...
New York (Reuters) - A federal appeals court signaled that a U.S. securities regulator's proposed $285 million civil fraud settlement with Citigroup Inc might end up back in the hands of the same judge who rejected it more than a year ago. The settlement was intended to resolve U.S. Securities and E...
Oh, the poor suckers at Citigroup Inc. and Bank of America Corp., fooled about the stench of their own garbage by those sneaky credit raters at Standard & Poor’s.
Citigroup Inc. on Monday announced the appointment of European banker Luigi de Vecchi as chairman of Continental Europe for Corporate and Investment banking.De Vecchi will be based in Italy. He has been ...
Zambia Railways Ltd., the state-owned operator, plans to sell a $500 million-dollar bond as it joins at least three other government companies and municipalities issuing more than $4 billion in debt this year. Zambia’s maiden $750 million Eurobond, which saw 24 times more demand than government sought to raise, has encouraged local companies, including the Roads Development Agency, Zesco Ltd., and the Lusaka City Council to follow. “From what I’ve seen so far I think we can raise half a billion,” Regina Mwale, finance director at Kabwe-based Zambia Railways, said in an interview yesterday. “We’re thinking within the next six months.” Barclays Plc (BARC), which was the joint bookrunner with Deutsche Bank AG for Zambia’s Eurobond it sold in September, “has suggested to us they’re ready to help,” she said. Zambia Railways has also had informal talks with Citigroup Inc. (C)’s local unit over the planned listing on the Lusaka Stock Exchange, said Mwale, without giving a timeline for an ...
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Israel central bank chief to step down in June JERUSALEM (AP) — The governor of Israel's central bank, widely credited with steering the nation's economy safely through years of world financial turmoil, resigned Tuesday. In a brief statement, the Bank of Israel said governor Stanley Fischer informed Prime Minister Benjamin Netanyahu that he will step down on June 30. It gave no explanation for the departure and said he would give a news conference on Wednesday to formally announce the decision. Fischer, an internationally respected economist, served as deputy director of the International Monetary Fund and held top posts the World Bank and Citigroup Inc. before taking over Israel's central bank in 2005. His monetary policies and Israel's tight control of its banks are seen responsible for the nation's stability despite the worldwide economic crisis that hit during his reign. Israel's economy continues to grow, and unemployment is roughly 6.5 percent, relatively low in world terms. His departure comes tw ...
Banks Too Big to Manage Find Davos Vows Too Hard to Win Jan. 23 (Bloomberg) -- Leaders of the world’s biggest banks, from Citigroup Inc.’s Vikram Pandit to Barclays Plc’s Robert Diamond, have failed to honor promises made in Davos to restore trust in their industry after the financial crisis. UBS AG Chairman Axel Weber, the former Bundesbank president who’s serving as one of six co-chairs of the World Economic Forum’s annual meeting in the Swiss ski resort this week, is taking a different approach. His bank is shrinking. Weber, whose company is undergoing the most radical surgery of global peers, will be joined in Davos by the chief executive officers of the world’s nine biggest investment banks. All face a skeptical public after their firms were fined record amounts and took charges last year for misdeeds ranging from money laundering and rate-rigging to trading losses. With each scandal, “the behavior is described as unconscionable and unacceptable, and the following week there’s yet ano ...
US banks pay billions to settle mortgage mess: A group of US banks agree to pay more than $19bn to settle complaints stemming from 2008 mortgage crisis. A group of 10 mortgage providers have agreed to pay a total of $8.5bn as compensation to end a US government-mandated review of housing crisis foreclosures. Bank of America Corp, Citigroup Inc, JPMorgan Case & Co, Wells Fargo & Co, MetLife Bank and five others will pay $3.3bn directly to eligible borrowers, and $5.2bn in loan modifications and forgiveness, regulators said. A total of 3.8 million people are eligible for payments under the deal announced by the Office of Comptroller of the Currency, a bank regulator, and the Federal Reserve. Those payments could range from a few hundred dollars to up to $125,000. The settlement is a response to charges of "robo-signing": Big banks, swamped with thousands of foreclosure filings, allegedly used an automated system to sign off on foreclosures, rather than personally reviewing each case. Thousands of homeowner ...
- Weebly: Citigroup Inc. (C) Chief Executive Officer Michael Corbat, who took over at the th...
UPS’s Failed Offer for TNT Wipes Out $55 Million in Bank Fees Chris V. Nicholson and Aaron KirchfeldJan 14, 2013 6:01 pm ET Jan. 15 (Bloomberg) -- Investment banks advising United Parcel Service Inc. and TNT Express NV on their blocked deal will miss about $55 million they were set to earn on the deal, which collapsed almost a year after the offer was first made. UPS advisers Morgan Stanley, UBS AG, and Bank of America Corp. were set to reap as much as $30 million in fees if the company completed its acquisition of the Dutch parcel delivery service TNT, according to New York-based research firm Freeman & Co. Sellside advisers including Goldman Sachs Group Inc. and Lazard Ltd. were slated to earn as much as $25 million. “It’s just more bad news for the banks,” said Peter Hahn, a lecturer at Cass Business School in London and a former managing director at Citigroup Inc. “It also suggests a greater amount of regulatory scrutiny on consolidation strategies.” The banks will have to settle for about ...
.. Indians Abroad vs Indians in India I would like to sum up our performance in the 20th century in one sentence. Indians have succeeded in countries ruled by whites, but failed in their own. This outcome would have astonished leaders of our independence movement. They declared Indians were kept down by white rule and could flourish only under self-rule. This seemed self-evident. The harsh reality today is that Indians are succeeding brilliantly in countries ruled by whites, but failing in India. They are flourishing in the USA and Britain. But those that stay in India are pulled down by an outrageous system that fails to reward merit or talent, fails to allow people and businesses to grow, and keeps real power with netas, babus, and assorted manipulators. Once Indians go to white-ruled countries, they soar and conquer summits once occupied only by whites. Rono Dutta has become head of United Airlines, the biggest airline in the world. Had he stayed in India, he would have no chance in Indian Airlines. Ev ...
Before Chief Spence dies of malnutrition, maybe somebody should ask her what gives with the long list of "Equity Security" (corporate stock) that the Attawapiskat leadership has invested in. These include such companies as: Wells Fargo & Co, Pfizer Inc, Pepsico Inc, Halliburton Co., Exxon Mobil Corporation, Citigroup Inc, Toronto-Dominion Bank, Manulife Financial Corp, Rogers Communications Inc Cl B, Magna International Inc... Chief Spence, how can you talk about native rights, and environmental protection when you invest your band's money on multinationals that do nothing but usurp land and destroy ecosystems?? You are no hero, and you DO NOT speak for your people, or anyone else. YOU ARE A HYPOCRITE MRS. SPENCE, grandstanding on a hungerstrike... I see through your ridiculous facade...
(RTTNews) - European stocks are turning in a mixed performance on Tuesday on concerns about the U.S. debt ceiling after Treasury Secretary Timothy Geithner warned Congress in a letter that time is fast running out on the debt ceiling issue. Federal Reserve Chairman Ben Bernanke also said that raising the U.S. debt ceiling limit is critical to avoid a potentially disastrous debt default. The Euro Stoxx 50 index of Eurozone bluechip stocks and the Stoxx Europe 50 index, which includes some major U.K. companies, are down about 0.1 percent each. Around Europe, the German DAX is moving down 0.1 percent, but benchmark indexes in France and the U.K. are posting modest gains. In stock-specific action, German automaker BMW is down 0.3 percent despite saying that it is confident of continuing its success in the U.S. - its largest single market - in 2013. E.ON is losing 1.6 percent after the German utility and France's GDF Suez announced their agreement to sell their joint 49 percent stake in Slovakian energy compan ...
$C Royal Bank of Scotland Group plc (ADR) (NYSE:RBS) and Citigroup Inc. (NYSE ...: Royal Bank of Scotland Group...
Development Lead - Java: Citigroup Inc. (Mississauga): "Accountable for delivery in an Agile...
Value of GCC projects grows to $2trn: According to a report by Citigroup Inc., projects planned and underway acr...
Citi’s New Bond-Trading Platform Latest in Electronic Offerings: Citigroup Inc. is rolling out a new electronic ...
Citigroup joins Goldman in starting electronic bond trading system: Citigroup Inc. has started an electronic bon...
Insightful IFLR and Citigroup Global Markets Inc views on non-US banks listing in the US
Goldman Sachs Group Inc, cut over 700 jobs in 2012. Citigroup Inc announced plans last month to cut 11,000 jobs
Perfectmatch.com featured in NBC s Science of Love
$C CITIGROUP INC. : Obama to Nominate Lew as Treasury Secretary: CITIGROUP INC. : Obama to Nominate Lew as Trea...
Citigroup Inc. (C) rated Outperform with price target $48 by RBC Capital Mkts
Citigov, the too-big-to-fail bank formally known as Citigroup Inc., is close to getting one of its own in charge of the U.S. Treasury Department.
New York (Reuters) - The newly appointed chief executive of Citigroup Inc named two veterans of the bank to lead its institutional and consumer businesses as he announced his new management team on Monday. Investment-banker Jamie Forese will be responsible for the company's institutional business an...
Among Vikram Pandit s last jobs as Citigroup Inc. s chief executive officer was to decide the fate of the bank s hedge-fund unit, which employs some of his oldest colleagues. He agreed to give them most of it for free.
(Reuters) - Citigroup Inc's chief executive, Michael Corbat, is not looking to fill the po...
Whether crude costs $60 a barrel or twice that amount, the U.S. is almost free of depending on imported energy and positioned to supplant Saudi Arabia as the world’s No. 1 producer of oil. Even if U.S. benchmark West Texas Intermediate oil drops 30 percent from the current $86 a barrel, oil companies will boost production as new technologies allow them to extract crude from shale formations, said Ed Morse, the global head of commodities research at Citigroup Inc. The nation, which was last self- sufficient when Harry S. Truman was president in 1952, met 83 percent of its energy needs in the first eight months of this year, according to the Energy Department in Washington.
The CEO of Citigroup Inc. the words largest financial service network, resigned from his post.what is his name? a. Michael L Corbat b. Morgan Stanley c. Vikram Pandit d. Shika Sharma e. None of these
In a development that might impact the Casden property at the corner of Ventura Rd. and Vineyard Ave. and the City's attempt to acquire the property, Businessweek, on December 04, 2009, 10:04am EST, wrote: "Citigroup Inc. (C) sued Alan Casden, a Beverly Hills, California,real-estate developer, for $43.4 million, claiming his company defaulted on the financing of a Gulfstream 550 corporate jet. A unit of Casden Co. took out a $37.5 million loan in 2005 to finance the aircraft, engines and related equipment, Citigroup said in a complaint filed today in Manhattan federal court. The loan was later increased to $45.9 million and was guaranteed by Casden personally and by Casden Co., according to the New York-based bank. Citigroup said it declared the loan in default and demanded full payment in a letter Dec. 3. The developer’s Casden Properties LLC has built more than $10 billion in residential real-estate projects over 45 years, according to its website. A phone message seeking comment from Casden Co. on th ...
to Cut 11,000 Jobs, Take $1 Billion Charge . Citigroup Inc. (C)’s Michael Corbat, who took over as chief executive officer less than two months ago, will cut more than 11,000 jobs and pull back from some emerging markets to drive down costs as revenue dries up at global banks. The lender will take a $1 billion charge this quarter to cover the 4.2 percent workforce reduction, which includes 1,900 jobs in trading, investment banking and transaction services, Citigroup said today in a statement. The bank, ranked third by assets in the U.S., said it wants to improve productivity in markets businesses such as cash equities where profit is lagging. The stock jumped as much as 8.1 percent in New York. Corbat and Chairman Michael O’Neill are cutting deeper than ousted CEO Vikram Pandit had planned as the industry’s slump in trading and investment banking and stiffer capital rules put pressure on profit. The dismissals add to 5,000 announced in January by Pandit, who championed some of the businesses targete ...
(Reuters) - Citigroup Inc, which has lagged behind its peers in recovering from the financial crisis, said it is cutting 11,000 jobs worldwide, about 4 percent of its staff, to save as much as $1.1 billion
Employees of Securities unit of Citigroup Inc.(NYSE:C) to be sacked- CS, UBS ...
Missed this from a few weeks ago - Benedictine Nuns ask Citigroup Board to Explore Break-Up Citigroup Inc. (C),...
More Layoffs at Citi, Bonus Cut: Citigroup Inc. is contemplating laying off 150 employees coupled with a 10% tri...
When Citigroup Inc's board of directors was looking for a chief executive in 2007, it called Michael O'Neill, who had...
$C Mortgage rates up after three days: Citigroup Inc. (NYSE:C) cut to hold today: Mortgage rates up after three...
Citigroup Inc. (C)’s trading and investment-banking division plans to eliminate 150 more jobs while shrinking...
Merck & Company, Inc. (MRK) downgraded to Neutral by Citigroup
Citigroup Said to Pare Bonuses as Investment Bank Cuts 150 Jobs: Citigroup Inc. (C)'s trading and investment-ban...
Wesner Michel; BofA, Citigroup Lose Bid to Dismiss FHFA Mortgage Suits: (BAC) and Citigroup Inc. (C) are among b...
Citigroup could unload stake in Aeromexico: Aeromexico CEO TOLUCA, Mexico - Citigroup Inc may sell its 37 percent stake in Grupo Aeromexico , the holding company of Mexico's top airline, as the U.S. financial services giant continues to unload noncore assets, Aeromexico's chief executive said on Wednesday.
Job Purpose: To coordinate the processing of all bonus bookings across EMEA, including the reconciliation back to source systems and all management reporting thereon. Job Background/context: This requ
Obama fact 1. He watches HBO’s “Entourage” 2. He predicted UNC to win the Final Four 3. He rooted for the Pittsburgh Steelers in the Superbowl 4. His favorite basketball player is his daughter Sasha 5. He plans to vacation on Martha’s Vineyard in Massachusetts 6. He and Bill Cosby are the only people to ever get free food from Ben’s Chili Bowl 7. He reads Harry Potter stories to his daughters 8. He goes to Wizards games and roots for the Chicago Bulls 9. He cursed and used the n-word in his audio book, “Dreams From My Father” 10. He has Jay Z and Ludacris on his iPod 11. He is a fan of show-tunes and gave an iPod full of them to the Queen of England 12. He loves playing Scrabble 13. He moved to Chicago and worked as a director of the Developing Communities Project after college 14. The top contributors to his presidential campaign include Goldman Sachs, University of California, Citigroup Inc., Harvard University, Moveon.org and Time Warner. 15. He was introduced to dog meat (tough), snake . ...
(Reuters) - Five U.S. banks have provided about $22 billion in mortgage relief to customers under a deal to settle borrowers' accusations over foreclosures, a report by the settlement's monitor said on
Citi to pay RM1.1b to end RM3.06b Lehman collateral dispute: New York, Nov 19 — Citigroup Inc has agreed to pay ...
CHINESE SLOW DOWN IN AD SPENDING AT COMPANIES LIKE SINA might get a swift kick in the pants... In August, Focus Media Chairman Jason Jiang and big private-equity firms including Carlyle Group LP offered to buy the company for $3.7 billion. Bank of America Merrill Lynch, Deutsche Bank AG (DB) and UBS AG (UBS) are joining the three original banks on the deal--Citigroup Inc. (C), Credit Suisse Group AG (CS) and Singapore bank DBS Bank Ltd.--to finance the buyout offer, the people said. The six banks plan to provide a total of $1.65 billion in financing, made up of a cash bridge loan, a long-term loan and a high-yield bond, the people said, adding that Chinese banks may also join in to finance the deal. The size of the long-term loan has been increased to US$1 billion from around US$700 million, one of the people said. When the offer was first announced, Nasdaq-listed Focus Media said in a filing that Citigroup, Credit Suisse and DBS had provided the company with a letter saying they were "highly confident" t ...
Piling on Citi After Pandit: When Vikram Pandit abruptly left Citigroup Inc. (NYSE: C) last...
When U.S. voters elected Barack Obama president in November 2008, many of us were convinced he would make a top priority of reforming Wall Street, which had just almost succeeded in bringing down our way of life through greed and lack of accountability. Despite the fact that Goldman Sachs Group Inc. (GS), JPMorgan Chase & Co. (JPM) and Citigroup Inc. (C) were among Obama’s top 10 financial backers in 2008, we were hopeful we would see a change in the system whereby bankers, traders and executives were rewarded every day to take huge, asynchronous risks with other people’s money. We also believed that Obama wouldn’t succumb to the backroom maneuverings of the plutocrats and behind-the-scenes money men -- such as former Treasury Secretary Robert Rubin and former Deputy Secretary Roger Altman -- who were busy advocating a quick return to the status quo and looking to move their friends into positions of great importance in Obama’s Cabinet. It turned out we were either naive or stupid to think that wh ...
Not too long ago, the recent resignation of Vikram Pandit, former CEO of Citigroup Inc., stunned Wall Street and the mainstream media. However, the CEO is now making new headlines with his recent bonus that has free-market advocates and Occupy Wall Street protestors stunned. Citigroup Inc. awarded M...
Citigroup Will Pay Former Chief Pandit $6.7 Million Vikram Pandit, Citigroup Inc. (C)’s ousted chief executive officer, will get about $6.7 million in 2012 compensation and will forfeit some awards...
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The Dow dropped 300 points today, somehow The Street was surprised about the election, they must have not been reading Nate Silver. Bankers liked Romney for obvious Adam Smitherous reasons. Now they have to re-adjust to Obama & his tough as nails team. This from Reuters: "The Democratic president has openly stated his distaste for "fat cat bankers" who "don't get it," and bankers fear more trouble is ahead if they cannot influence how the Dodd-Frank rules are implemented. but there is hope... "Major power players under Obama, including Treasury Secretary Timothy Geithner, are expected to step down, offering Wall Street a chance to reset relations... One possible replacement for Geithner, who has said he will not stay for a second Obama term, is White House Chief of Staff Jack Lew, a former Citigroup Inc banker. "I hope Obama puts someone in who understands fiscal issues and who will have stature to work on the Hill to negotiate some type of package on fiscal reform," said Sheila Bair, former Federal Depo ...
Saudi billionaire Prince Alwaleed bin Talal praised Vikram Pandit for his handling of the financial crisis while chief executive officer at Citigroup Inc., saying he helped position the bank for further growth.
Citigroup Inc. agreed to move a stable of internal hedge funds to an entity controlled by “certain employees” in a deal reached before the bank’s top two executives, Vikram Pandit and John Havens, left this week.
Citigroup Inc. directors ousted Chief Executive Officer Vikram Pandit after concluding that he had mismanaged operations, leading to setbacks with regulators and a loss of credibility with investors, a person with knowledge of the discussions said.
Citigroup Inc. Chief Executive Officer Vikram Pandit, who led the bank through its government rescue, stepped down and will be replaced by Michael Corbat. The bank slid in early trading.
Vikram Pandit quits as Citigroup CEO; COO John Havens also resigns Updated: October 16, 2012 19:02 IST Citigroup Inc chief executive Vikram Pandit has resigned, effective immediately, a shock change at the top of the bank just one day after surprisingly strong quarterly results. A statement on Tuesday from chairman Michael O'Neill said Michael Corbat, previously chief executive for Europe, Middle East and Africa, would succeed Pandit as CEO and as a board member. Chief operating officer John Havens, a long-time associate of Pandit, also resigned. Pandit's departure sent Citigroup's stock down nearly 2.5 per cent in premarket trading as investors tried to figure out why he would leave now after keeping the bank afloat during the financial crisis and getting it back on a firmer footing. "I would have expected he wanted to stay around and see some of the fruits of his labour there," said Peter Jankovskis, co-chief investment officer of Oakbrook Investments in Lisle, Illinois. Pandit's resignation comes after ...
Citigroup Inc. Chief Executive Officer Vikram Pandit is among the most vocal critics of shadow banking, the lightly regulated lending that can mask risk in the financial system. He’s also among the kings of the business.
"I believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a monied aristocracy that has set the government at defiance. - Thomas Jefferson Mitt Romney`s Top 8 Donors - Just a point. Goldman Sachs - $891,140 Bank of America - $668,139 JPMorgan Chase & Co - $663,219 Morgan Stanley - $649,847 Credit Suisse Group - $554,066 Citigroup Inc - $418,263 Wells Fargo - $414,750 Barclays - $403,800
Libor, Set by Fewer Banks, Losing Status as a Benchmark.Bank of America Corp., Citigroup Inc. (C), Bank of Tokyo Mitsubishi UFJ Ltd., Royal Bank of Canada, Sumitomo Mitsui Financial Group Inc. and Lloyds Banking Group Plc (LLOY)’s submissions have been used in setting the rate on an almost daily basis in the past four months. Libor is calculated by Thomson Reuters Corp. on behalf of the British Bankers’ Association.
(C) Regulatory Nod for Citigroup-Universal Music Group Deal: On Friday, the deal between Citigroup Inc. (C) and ...
Underwriters from Bank of America Corp. to Credit Suisse AG and Citigroup Inc. for the first time are close to converting sunlight into cash to pay bond investors.
(Reuters) - Iranian hackers have repeatedly attacked Bank of America Corp, JPMorgan Chase & Co and Citigroup Inc...
Saudi Arabia, the world’s biggest crude exporter, risks becoming an oil importer in the next 20 years, according to Citigroup Inc.
Richard Parsons, speaking two days after ending his 16-year tenure on the board of Citigroup Inc. and a predecessor, said the financial crisis was partly caused by a regulatory change that permitted the company’s creation.
Major supporters, not all were monetary, of Obama during the 2008 campaign. Acorn, Rev. Wright, Golman Sachs, Citigroup Inc, JPMorgan Chase & Co.
Sept 6 (Reuters) - The following corporate finance-relatedstories were reported by media on Thursday:* Citigroup Inc is set to start up a finance businessfor commodity trade to move into a void left
Hey Jim. Here is some tidbits on Romney. These can be verified: Mitt Romney invests $10 million with son Tagg Romney to start Solamere Advisors with three executives from the Stanford Financial Group. It was seized by the SEC as a ponzi scheme that bilked investors out of $7.5 billion. Allen Stanford was recently sentenced to serve 110 years. The remaining participants are still under investigation. Source - ABC News. One of Romneys top donors, Credit Suisse was charged in 2009 with dodging -- and ultimately violating -- sanctions on financial involvements with Iran, including advising Iranian banks. The group reached an agreement with the Justice Department and Federal Reserve and was fined more than $500 million. Source - CNN Romney top six donors list: Goldman Sachs $676,080, JPMorgan Chase & Co $520,299, Morgan Stanley $513,647, Bank of America $510,728, Credit Suisse Group $427,560, Citigroup Inc $363,015 (Can you name six banks that received bailout money?) Source - OpenSecrets.org Another top donor ...
Do you have a mortgage or were you or do you truly think you were a victim of mortgage fraud and have a mortgage through any of the following: 1) Bank of America Corporation 2) JPMorgan Chase & Co. 3) Wells Fargo & Company 4) Citigroup Inc. 5) Ally Financial Inc. (formerly GMAC). There may be some relief to you, but you MUST get on this immediately. I believe I wrote on this in April 2012, well I'm writing on it again because some of that money is being given to the State forwarded to the cities but I don't know of any individual homeowner, who this settlement was for, who has gotten any of this money. If you were one, please share the information and what steps you went through to get: “This historic settlement will provide immediate relief to homeowners – forcing banks to reduce the principal balance on many loans, refinance loans for underwater borrowers, and pay billions of dollars to states and consumers,” said HUD Secretary Donovan. “ Banks must follow the laws. Any bank that hasn’t ...
Morgan Stanley Smith Barney, the brokerage venture of Morgan Stanley and Citigroup Inc., was fined $450,000 after a trader amassed a $1.3 billion bet in 2009, Financial Industry Regulatory Authority records show.
Citigroup launches China share sale venture (China Daily) 08:13, August 07, 2012 Citigroup Inc, the third-largest US bank by assets, started an investment-banking joint venture in China that will give it access to the world's second-biggest market for share sales. Pan Xinjun, chairman of partner Orient Securities Co, will head the venture's six-member board of directors, and Ma Ji will be CEO, the New York-based bank said in an e-mailed statement on Monday. Shanghai-based Citi Orient Securities Co Ltd has registered capital of 800 million yuan ($126 million).
Mega-Banks Plan for Collapse with Contingency Plans and Private Police Force 'The biggest banks in the US have been given advisement by US regulators that they must make plans to stave off a complete financial collapse without relying on the US government. Bank of America, Goldman Sachs and other technocrats have secretly crafted worst-case scenarios in which they can continue to thrive during a full-blown domestic monetary crisis. The Federal Reserve and the US Office of the Comptroller of the Currency (OCC) named Citigroup Inc., Morgan Stanley and JPMorgan Chase & Co. as well as others to devise “recovery plans” in 2010. Banks were directed to have schemes to remain afloat by selling off assets, finding alternative sources of funding, reducing risky measures that make a quick buck. These strategies were to be perfected with “no assumption of extraordinary support from the public sector.”'
One More Time: "Wall Street Aristocracy Got $1.2 TRILLION in Fed's Secret Loans: August 22, 2011; Citigroup Inc and Bank of America; Ben Bernanke's unprecedented effort to keep the economy from plunging into depression included lending banks and other companies as much as $1.2 trillion of public money. SOSDD.
For all of my friends who say Obama is no better than Romney, I offer these figures. This is the top 6 contributors to each of their campaigns. this time around Obama hasn't taken as much money from banks/oil as he did in 2008... Microsoft Corp $418,845 University of California $411,386 Dla Piper $314,977 Google Inc $303,225 Harvard University $276,824 Sidley Austin LLP $269,681 Compare that to Mitt Romney's donors: Goldman Sachs $636,080 JPMorgan Chase & Co $502,874 Morgan Stanley $476,300 Bank of America $465,850 Credit Suisse Group $421,310 Citigroup Inc $345,265 I'm not saying EITHER of them are GOOD people or GOOD candidates, but I'd definitely rather have Obama than Romney... (source: Opensecrets.org a very handy tool.)
Citigroup Inc. (C) has finally arrived in the Chinese capital markets. In a statement, Citi said that it has launched a joint venture with Shanghai-based Orient Securities. The joint venture will be named Citi Orient Securities. It has a registered capital of $126 million (800 million yuan) with Cit...
Citigroup Inc. has received a subpoena for information from Massachusetts Attorney General Martha Coakley, the New York banking giant disclosed Friday in a quarterly filing with securities regulators. Coakley served a civil investigative demand on a Citigroup affiliate on Aug. 1, according to the fi...
The remarkably ironic pronouncement from Sandy Weill that the U.S. should resurrect some form of the Glass-Steagall Act -- which he worked assiduously to tear asunder in the 1990s as he created Citigroup Inc. -- has touched off another a debate about how to control the worst instincts on Wall Street...
The Berkshire Bank, a New York lender with 11 branches, sued 21 banks including Bank of America Corp, Barclays Plc and Citigroup Inc. for damages over the alleged manipulation of the London Interbank Offered Rate.
Sanford “Sandy” Weill, who ushered in the era of supermarket banks with the creation of Citigroup Inc. before the financial crisis, said U.S. lenders should be broken up to protect taxpayers.
Phil Gramm, the former U.S. senator who helped write the 1999 law that enabled the creation of financial giants such as Citigroup Inc. and Bank of America Corp., said his legislation didn’t make the system any riskier.
July 25 (Bloomberg) -- Michael Mayo, an analyst at CLSA Ltd., talks about the outlook for Morgan Stanley's value if the New York-based investment bank breaks up, and the performance of Citigroup Inc. and the financial industry. He speaks with Betty Liu and Adam Johnson on Bloomberg Television's...
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The same Wall Street recipients of TARP bailout money that were top Obama donors in 2008 are top Romney donors in 2012. These donors include: Goldman Sachs, JPMorgan Chase & Co, Citigroup Inc, General Electric and Morgan Stanley, etc.
: Citigroup may seek dividend increase by 2013: Citigroup Inc may seek permission to hike its d...
Barclays Plc, JPMorgan Chase & Co. and Citigroup Inc. were sued in federal court in New York by an investor over claims the banks manipulated the Euro Interbank Offered Rate, costing investors millions of dollars.
Citigroup Inc.’s online timeline commemorating its 200th anniversary says little about the Republic of Haiti -- and no wonder. While the anniversary campaign for the global financial services giant presents a story of achievement, progress, and world-uniting vision, Citigroup’s first encounter with ...
New York (AP) - Shares of some top banks companies are up at 10 a.m.: Bank of America Corp. rose $.26 or 3.4 percent, to $8.01. Citigroup Inc. rose $1.13 or 4.3 percent, to $27.52. Goldman Sachs rose
U.S. banks including JPMorgan Chase & Co. and Citigroup Inc. will pay as much as $125,000 plus equity to individual customers most harmed by mishandled foreclosures in 2009 and 2010, according to a remediation plan released by bank regulators.
On Monday, June 18, Citigroup Inc. (NYSE: C), the leading global bank, visited the New York Stock Exchange (NYSE) to mark its 200th anniversary. In honor of ...
: Citi not to seek Fed nod to boost capital return: Citigroup Inc, which is scheduled to re-sub...
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