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Citigroup Inc posted a quarterly loss to shareholders as it suffered $8 billion of credit losses, raising further questions about the future of the bank that is one-third owned by the U.S. government.

Citigroup Inc (C.N) posted a quarterly loss to shareholders as it suffered $8 billion of credit losses, raising further questions about the future of the bank that is one-third owned by the U.S. government.

A lawyer for former Bear Stearns hedge fund manager Ralph Cioffi on Wednesday vigorously defended him against prosecution allegations he repeatedly lied to investors early in the financial crisis, describing as ridiculous one charge of insider trading.

(Corrects by adding dropped words him against in paragraph one)

The Dow industrials pierced the 10,000 level on Wednesday for the first time in a year on surprisingly robust company results and better-than-expected retail sales.

Two former Bear Stearns Cos managers whose hedge funds collapsed early in the financial crisis lied to investors to save their bonuses and reputation, a U.S. prosecutor said in an opening statement at their trial Wednesday on fraud charges.

JPMorgan Chase & Co's robust $3.6 billion quarterly profit could prove a tough act for rivals to follow as its investment bank capitalized on the disappearance of some rivals and the weakness of others.

The Dow industrials pierced the 10,000 level on Wednesday for the first time in a year on surprisingly robust company results and better-than-expected retail sales.

Two former Bear Stearns Cos managers whose hedge funds collapsed early in the financial crisis lied to investors to save their bonuses and reputations, a U.S. prosecutor said on Wednesday.

The Dow industrials broke through the 10,000 level on Wednesday for the first time in a year on better-than-expected company results and U.S. retail sales data.

The regulator for the largest U.S. banks said on Wednesday that 17 percent of national banks are now considered problem banks.

JPMorgan Chase & Co has gradually increased the risk it takes trading commodities and the second-largest U.S. bank is approaching levels last seen before the financial crisis rocked global markets.

The Dow Jones industrials climbed to within striking distance of 10,000 on Wednesday for the first time in a year on better-than-expected company results and U.S. retail sales data.

JPMorgan Chase & Co quarterly profit rocketed to a much-higher-than-expected $3.6 billion as bond trading revenue surged, boosting optimism about a rebound in top Wall Street banks.

The Dow Jones industrials neared the 10,000 milestone on Wednesday for the first time in a year as robust results from JPMorgan Chase & Co and Intel Corp boosted the outlook for earnings.

Stocks jumped on Wednesday after JPMorgan Chase & Co posted a surge in profit, following stronger numbers from Intel Corp a day earlier in an auspicious start to third-quarter earnings season.

JPMorgan Chase & Co quarterly profit rocketed to forecast-beating $3.6 billion as bond trading revenue surged, boosting optimism about a strengthening rebound in top Wall Street banks.

Stocks jumped on Wednesday after JPMorgan Chase & Co posted a surge in profit, following stronger numbers from Intel Corp a day earlier in an auspicious start to third-quarter earnings season.

Smaller Letdown; Retailers drop; Big bank profit

Stock futures pointed to a rise of more than 1 percent at the open on Wednesday after JPMorgan Chase & Co posted a surge in profit following stronger numbers from Intel Corp a day earlier.

U.S. stock index futures pointed to a rise of more than 1 percent at the open on Wednesday after JPMorgan Chase & Co (JPM.N) posted a surge in profit following stronger numbers from Intel Corp (INTC.O) a day earlier.

Stock futures pointed to a rise of more than 1 percent at the open on Wednesday after JPMorgan Chase & Co posted a surge in profit following stronger numbers from Intel Corp a day earlier.

JPMorgan Chase & Co reported sharply higher third-quarter results, topping Wall Street expectations, as gains at its investment bank offset deeper losses on credit cards and other consumer loans.

Stock futures pointed to a rise of more than 1 percent at the open on Wednesday after JPMorgan Chase & Co posted a surge in profit following stronger numbers from Intel Corp a day earlier.

U.S. stock index futures pointed to a rise of more than 1 percent at the open on Wednesday after JPMorgan Chase & Co (JPM.N) posted a surge in profit following stronger numbers from Intel Corp (INTC.O) a day earlier.

U.S. stock index futures rose more than 1 percent on Wednesday following forecast-beating results from Intel Corp (INTC.O) and ahead of earnings from JPMorgan Chase & Co (JPM.N).

U.S. stock index futures rose more than 1 percent on Wednesday following forecast-beating results from Intel Corp and ahead of earnings from JPMorgan Chase & Co .

Two prospective jurors who wrote comments about wrongdoing and bending the rules on Wall Street were rejected by a U.S. judge on Tuesday for the trial of two former Bear Stearns Cos hedge fund managers on fraud charges.

Two prospective jurors who wrote comments about wrongdoing and bending the rules on Wall Street were rejected by a U.S. judge on Tuesday for the trial of two former Bear Stearns Cos hedge fund managers on fraud charges.