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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 56-66
  • Janus' Kozlowski seeks stocks immune to market malaise

    BOSTON (Reuters) - Concerned that trends in the economy may not help stock prices much, Janus Capital Group's Dan Kozlowski is looking for companies that can help themselves. As manager of the $4.2 billion Janus Contrarian Fund, Kozlowski has posted...
  • 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...
  • It may be too early to give up on the bull market in equities

    NEW YORK/LONDON (Reuters) - Investors fretting about the possibility of a big reversal in global stock markets may just want to borrow a slogan from the British - and just keep calm and carry on. It won't be easy given the background noise. Fears of a...
  • Bank of America wins Fed OK to raise stock dividend to 5 cents

    Bank of America has won approval from the Federal Reserve to raise its quarterly common stock dividend to 5 cents per share after it postponed the same plan earlier this year because it miscalculated its capital ratios. On Wednesday, the Fed said it...
  • Argentina's financial woes a rerun of bitter history

    Seeing a large once prosperous country default on its international debts is sad. One cannot say the same thing when the same country — in this case Argentina — defaults on its international obligations for the eighth time in its history....
  • 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...
  • 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...
  • Argentina exige a bancos distribuir pagos a bonistas reestructurados

    BUENOS AIRES (Reuters) - Argentina exigirá a los bancos Citibank y Bank of New York Mellon distribuir los fondos correspondientes a bonistas que ingresaron en canjes de deuda de 2005 y 2010 y que se encuentran bloqueados por la justicia estadounidense...
  • U.S.-Africa summit garners over $17 billion in investment pledges

    U.S.-Africa summit garners over $17 billion in investment pledges
    WASHINGTON (Reuters) - African leaders on Tuesday called for a deeper economic relationship with the United States, hailing investment pledges totaling more than $17 billion at a Washington summit as a fresh step in the right direction. U.S. and...
  • 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...