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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
  • Bank of America to pay record $16.65 billion to settle mortgage claims

    Bank of America to pay record $16.65 billion to settle mortgage claims
    Bank of America Corp. has agreed to pay $16.65 billion to end federal and state investigations into the sale of toxic mortgage securities during the subprime housing boom, the largest settlement by a single company in U.S. history, the Justice...
  • Illinois will receive $300 million in Bank of America settlement

    Illinois will receive $300 million in Bank of America settlement
    Bank of America and the Justice Department have reached a record settlement of almost $17 billion to end a long-running probe into the marketing and sale of toxic mortgage securities by the bank and particularly its Countrywide Financial and Merrill Lynch...
  • Maryland ranks third in U.S. in credit card complaints

    Maryland ranks third in U.S. in credit card complaints
    If you had a complaint about your credit card last year, about billing or fraud, for instance, you were more likely to live in Maryland than North Dakota. Mid-Atlantic residents had the most credit card complaints per capita, with Maryland ranked...
  • Should big banks be broken apart?: Front Burner

    First lady Michelle Obama has led the charge to cut Americans down to size, encouraging couch spuds to reduce their girth. Not only are diet discussions gaining traction in supermarkets, but also in U.S. financial markets. A rising chorus of powerful...
  • Online home-furnishings retailer Wayfair files for $350 million IPO

    Online home-furnishings retailer Wayfair Inc is seeking to raise $350 million in an initial public offering of its Class A common stock, the company said in a regulatory filing on Friday. The Boston-based company owns brands such as online flash sales...
  • BofA agrees to pay $17-billion penalty over mortgage meltdown

    BofA agrees to pay $17-billion penalty over mortgage meltdown
    Bank of America Corp. has agreed to fork over nearly $17 billion to settle government claims over toxic mortgage securities that helped trigger the Great Recession, according to people close to the negotiations with the Justice Department. The agreement...
  • Kaiser cuts Obamacare rates 1.4% for 2015; Anthem hikes rates 4.6%

    Kaiser cuts Obamacare rates 1.4% for 2015; Anthem hikes rates 4.6%
    Healthcare giant Kaiser Permanente is lowering its rates for Obamacare coverage in California by 1.4% next year, according to an industry report. California's health insurance exchange recently announced that premiums were rising 4.2%, on average,...
  • Discovery Digital Networks Head Jim Louderback Resigns

    Jim Louderback, g.m. of Discovery Digital Networks, is leaving the company two years after the cable programmer bought web-video startup Revision3, where he had been CEO. Louderback announced that he is leaving Discovery Communications in a post on his...
  • Too-big-to-fail banks' living wills are inadequate, regulators say

    Too-big-to-fail banks' living wills are inadequate, regulators say
    Six years after the financial crisis, regulators said that 11 banks deemed too big to fail still have produced no workable procedures to help regulators shut them down should they ever reach the brink of failure. The Federal Reserve and the Federal...
  • Here's how an unhappy judge approves a Wall Street wrist-slapping

    Here's how an unhappy judge approves a Wall Street wrist-slapping
    New York federal Judge Jed S. Rakoff has been the strongest voice on the bench for bringing Wall Street wrongdoers to justice. So it isn't surprising that when his masters on a federal appeals court ordered him to sign off on an indulgent fraud...
  • Why the GOP's new healthcare 'reform' plan looks so danged familiar

    Why the GOP's new healthcare 'reform' plan looks so danged familiar
    Via Jonathan Cohn and Kevin Drum, it transpires that the House GOP majority is crafting a new healthcare "reform" program to substitute for the Affordable Care Act. It should surprise no one that the new plan incorporates two provisions that have been...