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Citigroup Incorporated

A collection of news and information related to Citigroup Incorporated published by this site and its partners.

Top Citigroup Incorporated Articles

Displaying items 1-11
  • Wells Fargo profit rises 3.8% as home lending regains some traction

    Wells Fargo profit rises 3.8% as home lending regains some traction
    No. 1 mortgage lender Wells Fargo & Co. kicked off the bank earnings season with a 3.8% increase in profit in a report that sent modestly positive signals about Main Street lending and the housing market. Wells Fargo had second-quarter net income of $5....
  • Banking stocks rise as Citi, JPMorgan, Goldman beat earnings estimates

    Banking stocks rise as Citi, JPMorgan, Goldman beat earnings estimates
    Banks are paying enormous amounts to settle cases stemming from bad mortgages, but investors in Wall Street's heavy hitters are looking at different numbers — and they like what they see. An index of bank stocks climbed 1.3% on Tuesday after...
  • Multa a Bank of America no le afectó y suben sus acciones

    Multa a Bank of America no le afectó y suben sus acciones
    WASHINGTON - La multa "histórica" a Bank of America por sus negocios con hipotecas basura antes de la crisis supera a las impuestas a Citigroup o JP Morgan, pero no parece haber impresionado a Wall Street, donde sus acciones subieron, ni a los grupos...
  • Bank of America files corrected capital plan with Fed; investors cheer

    Bank of America files corrected capital plan with Fed; investors cheer
    Bank of America Corp. told stockholders that it has corrected errors in an annual stress test overseen by the Federal Reserve, saying the changes had almost no effect on its financial strength rating. The news on Tuesday sent Bank of America shares...
  • Mexico arrests entrepreneur in fraud case linked to Citibank, Pemex

    The Mexican government on Thursday announced the arrest of a wealthy entrepreneur who is accused of a multimillion-dollar fraud involving Citibank and the giant Mexican oil monopoly. Amado Yañez Osuna was placed under arrest and will be charged with...
  • L.A. sues JPMorgan Chase, alleges predatory home loans to minorities

    L.A. sues JPMorgan Chase, alleges predatory home loans to minorities
    The city of Los Angeles accused JPMorgan Chase & Co. of steering minority borrowers into risky home loans they couldn’t afford, triggering a foreclosure wave that hammered property values and city coffers. In a lawsuit filed Friday in U.S....
  • Three charged in rooftop bank burglaries face new indictment

    Three charged in rooftop bank burglaries face new indictment
    Three members of an Inland Empire burglary crew accused of stealing more than $18.5 million by using power tools to cut through bank roofs face a new indictment implicating them in heists back to 2011. Federal prosecutors unsealed an indictment handed...
  • The day ahead in business

    The day ahead in business
    Reports: None Local earnings: Wintrust Financial Corp. Other earnings: Citigroup INc., Peregrine Pharmaceuticals Inc., Stanley Furniture Co. and others
  • Citigroup to pay record fine in $7-billion mortgage settlement

    Citigroup Inc. will provide $7 billion in cash and consumer relief to settle federal and state investigations into the sale of defective mortgage investments during the subprime housing boom, the Wall Street giant and federal officials said Monday....
  • Citi to pay $7 billion to settle mortgage securities probe

    Citi to pay $7 billion to settle mortgage securities probe
    Citigroup Inc has agreed to pay $7 billion to settle a U.S. investigation into shoddy mortgage-backed securities the bank sold in the run-up to the financial crisis, including the largest civil fraud penalty ever levied by the U.S. Justice Department....
  • Nominate Lehigh Valley's Top Workplaces

    Nominate Lehigh Valley's Top Workplaces
    For the third year in a row, the Lehigh Valley's Top Workplaces will be identified via a survey conducted by The Morning Call and Philadelphia-area research company Workplace Dynamics ... Owners of Beck's Land & Sea House open a Bethlehem Township...