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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 67-77
  • 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...
  • 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'...
  • 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...
  • Exclusive: Communications equipment maker Comtech explores sale

    Communications equipment maker Comtech Telecommunications Corp said on Monday it is exploring strategic alternatives, including a possible merger or sale of the company, confirming a Reuters report earlier in the day. Citing people familiar with the...
  • Mediation veteran Eric Green to oversee Bank of America settlement

    The official in charge of making sure Bank of America complies with terms of its record $16.65 billion settlement is a 35-year veteran of mediation, playing roles in major cases involving the likes of Microsoft, Visa and MasterCard, and even Bank of...
  • 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...
  • 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...
  • Sub-Saharan Africa bond issuance booms

    (Reuters) - Bond issuance volumes from sub-Saharan African have already surpassed last year's levels with the promise of more to come. African issuance has dominated CEEMEA supply over the past month, with at least three more transactions possible over...
  • Misión argentina se reunirá el martes en Nueva York con mediador judicial a horas de default

    NUEVA YORK (Reuters) - Una misión de Argentina se reunirá el martes en Nueva York con un mediador judicial en un intento de último minuto por evitar que el país caiga en un doloroso default debido a su negativa de compensar a los inversores que lo...