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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 12-22
  • Exclusive: UAE bourses merger shelved as terms not agreed - sources

    ABU DHABI (Reuters) - A planned merger of the Dubai Financial Market and the Abu Dhabi Securities Exchange (ADX) has been shelved for the foreseeable future as terms for the politically sensitive move could not be agreed, sources told Reuters on Thursday....
  • California said to share in U.S. mortgage settlement with Citigroup

    California said to share in U.S. mortgage settlement with Citigroup
    California will share in the U.S. Justice Department's multibillion-dollar settlement with Citigroup Inc. over defective mortgage investments the Wall Street giant peddled during the housing boom, according to people briefed on the negotiations. New...
  • Holder won't meet with Bank of America on home-loan settlement

    CHARLOTTE, N.C. U.S. Attorney General Eric Holder has refused to meet with Bank of America chief executive Brian Moynihan as the two sides continue to dispute terms of a potential multibillion-dollar settlement involving troubled home loans, a person...
  • Exclusive: U.S. grills suspects in new strategy to build bank laundering cases

    ST. LOUIS (Reuters) - U.S. prosecutors are using a new tactic to crack down on banks that fail to fight money laundering: systematically asking suspects in a wide range of criminal cases to help them follow the money back to their bankers. The efforts...
  • Holder won't meet with BofA CEO as mortgage talks stall: sources

    NEW YORK/WASHINGTON (Reuters) - Attorney General Eric Holder has formally refused to meet with Bank of America Corp Chief Executive Brian Moynihan to hammer out a multibillion-dollar deal, as talks to resolve probes into shoddy mortgage securities sold by...
  • U.S. court rules for Beirut bombing victims in Iran funds case

    NEW YORK (Reuters) - A U.S. appeals court on Wednesday ruled that $1.75 billion in Iranian funds be turned over to families of the victims of the 1983 bombings of a Marine barracks in Beirut. The 2nd U.S. Circuit Court of Appeals in New York affirmed U....
  • Judge tosses Miami mortgage discrimination suit vs BofA

    (Reuters) - A federal judge has dismissed the city of Miami's mortgage discrimination lawsuit against Bank of America Corp, handing the city its first defeat in four suits that accuse major banks of U.S. Fair Housing Act violations. In a ruling on...
  • Citigroup may pay $7 billion to resolve U.S. mortgage probes: source

    Citigroup may pay $7 billion to resolve U.S. mortgage probes: source
     Citigroup Inc. is close to paying about $7 billion to resolve a U.S. probe into whether it defrauded investors on billions of dollars worth of mortgage securities in the run-up to the financial crisis, a source familiar with the matter said on Tuesday....
  • Shale boom confounds forecasts as U.S. set to pass Russia, Saudi Arabia

    NEW YORK (Reuters) - Four years into the shale revolution, the U.S. is on track to pass Russia and Saudi Arabia as the world's largest producer of crude oil, most analysts agree. When that happens and by how much, though, has produced disparate...
  • Debate grows over value of lower unemployment rate

    Debate grows over value of lower unemployment rate
    You just can't make everyone happy. Now that the jobs picture is starting to look more encouraging for households trying to make ends meet, you'd think analysts would be joyful about more people having more money in their pockets to spend. But that's...
  • Greece to issue second bond on Wednesday: paper

    ATHENS (Reuters) - Greece is expected to issue its second sovereign bond on Wednesday following its successful return to the financial markets in April after a four-year shut out, Greek daily Kathimerini reported, citing Finance Ministry sources....