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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
  • 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...
  • 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...
  • Citi settlement will recoup Illinois pension losses

    Illinois will receive $84 million as part of a national $7 billion settlement resolving allegations by federal and state authorities that Citigroup Inc. sold risky mortgage-backed securities that harmed investors, which included pension systems and...
  • With Citigroup paying up, will feds' attention now turn to BofA?

    With Citigroup paying up, will feds' attention now turn to BofA?
    With Citigroup Inc. agreeing to pay $7 billion for issuing toxic mortgage securities, the Justice Department now turns to settling its case against what analysts call the biggest mortgage miscreant of all: Bank of America Corp. The government has...
  • 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...
  • Updated: 21st Century Fox Confirms It Bid for Time Warner, Says There Are Currently No Talks Under Way

    Rupert Murdoch's 21st Century Fox confirmed a report that it made an offer to acquire Time Warner, but the media company said the offer was rejected and that there are no talks in progress. "21st Century Fox can confirm that we made a formal proposal...
  • Bank of America earnings tumble 43% on mortgage litigation costs

    Bank of America Corp.'s second-quarter earnings plunged 43% as the nation's second-largest bank recorded 4 billion additional reasons to regret its 2008 purchase of high-risk home lender Countrywide Financial Corp. in Calabasas. Bank of America said...