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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 23-33
  • JPMorgan, BofA to raise junior banker pay by 20 percent: sources

    NEW YORK (Reuters) - JPMorgan Chase & Co and Bank of America Corp are planning to hike salaries of junior employees by at least 20 percent, people familiar with the proceedings said. JPMorgan executives are determined to pay competitively with other...
  • Investors look for more gains as U.S. S&P 500 index hits 2,000 milestone

    NEW YORK (Reuters) - The U.S. S&P 500 stock index broke through the landmark 2,000 level on Monday, marking a six-year rally which has benefited many Americans from Wall Street to Main Street. During that time the unemployment rate has fallen from a...
  • Bankruptcy judge approves Detroit water/sewer bond plan

    DETROIT (Reuters) - A bankruptcy court judge on Monday approved Detroit's proposal to repurchase nearly $1.5 billion of existing water and sewer revenue bonds tendered by investors and to refinance the debt to save money. The ruling by Judge Steven...
  • Heirs fail to inform lender of mother's death

    Dear Liz: My mother passed away unexpectedly in late 2008. She had a mortgage, and the house was under her name only. She didn't leave a will. My family is still paying the loan, and the company does not know my mother passed away. We don't have a lot...
  • 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...
  • Scam of the day: phone call cons woman out of her credit card number

    Scam of the day: phone call cons woman out of her credit card number
    If your phone rings and you're asked to verify your credit card number to resolve a supposed problem with your account, don't do what a local woman did and reveal your number. This scam is among several the Watchdog has run across in recent weeks. I'...
  • BofA to pay $16.65 billion over soured home loans in mortgage meltdown

    Bank of America Corp. will pay a record $16.65 billion to resolve government claims over soured home loans in what is probably the last major settlement stemming from the mortgage meltdown. The deal also largely closes the chapter on the bank's...
  • Citigroup facing restrictions on sales of hedge fund investments: WSJ

    (Reuters) - Citigroup Inc has been sending hedge fund firms letters informing them that it cannot sell investments in hedge funds and private-equity funds to clients after a deal with the Securities and Exchange Commission, the Wall Street Journal...
  • Can salesman keep hold of lucrative bond deals at Orlando expressway authority?

    Can salesman keep hold of lucrative bond deals at Orlando expressway authority?
    Norman Pellegrini has been the point person when it comes to selling bonds for Orlando's toll-road agency, meeting regularly with board members and winning more than $2 billion worth of business and $9.5 million in commissions and fees for his employers...
  • Bank of America settles mortgage probes for $16.65 billion

    WASHINGTON/NEW YORK (Reuters) - Bank of America Corp reached a record $16.65 billion settlement with the U.S. government to settle charges that it and companies it bought misled investors into buying troubled mortgage-backed securities, helping the bank...
  • 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...