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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 78-88
  • Citi to pay $7 billion to settle mortgage securities probe

    Citi to pay $7 billion to settle mortgage securities probe
    Citigroup Inc has agreed to pay $7 billion to settle a U.S. investigation into shoddy mortgage-backed securities the bank sold in the run-up to the financial crisis, including the largest civil fraud penalty ever levied by the U.S. Justice Department....
  • 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...
  • Citi settlement will recoup Illinois pension losses

    Illinois will receive $84 million as part of a national $7 billion settlement resolving allegations by federal and state authorities that Citigroup Inc. sold risky mortgage-backed securities that harmed investors, which included pension systems and...
  • With Citigroup paying up, will feds' attention now turn to BofA?

    With Citigroup paying up, will feds' attention now turn to BofA?
    With Citigroup Inc. agreeing to pay $7 billion for issuing toxic mortgage securities, the Justice Department now turns to settling its case against what analysts call the biggest mortgage miscreant of all: Bank of America Corp. The government has...
  • Banking stocks rise as Citi, JPMorgan, Goldman beat earnings estimates

    Banking stocks rise as Citi, JPMorgan, Goldman beat earnings estimates
    Banks are paying enormous amounts to settle cases stemming from bad mortgages, but investors in Wall Street's heavy hitters are looking at different numbers — and they like what they see. An index of bank stocks climbed 1.3% on Tuesday after...
  • Three charged in rooftop bank burglaries face new indictment

    Three charged in rooftop bank burglaries face new indictment
    Three members of an Inland Empire burglary crew accused of stealing more than $18.5 million by using power tools to cut through bank roofs face a new indictment implicating them in heists back to 2011. Federal prosecutors unsealed an indictment handed...
  • 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...
  • Machinima Hires Tricia White, Former VP of HR for IHOP and Applebee's

    Machinima, the YouTube multichannel network for videogamers and fanboys whose backers include Warner Bros., has hired Tricia White in the newly created position of chief people officer overseeing human resources. White previously was VP of human...
  • 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...
  • Ex-Citi FX trading head Prasad readies macro hedge fund- sources

    LONDON (Reuters) - Former global head of foreign exchange at Citigroup, Anil Prasad, is preparing to launch his own hedge fund in the first quarter of 2015, three sources familiar with the matter said. The launch comes as global regulatory changes...
  • 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...