Indonesia's central bank on Friday sanctioned Citibank Indonesia over an alleged case of embezzlement and the death of a credit card customer, including banning it from new credit card customers for two years in Southeast Asia's biggest economy.
JPMorgan Chase & Co has received a subpoena from the U.S. Securities and Exchange Commission over failed mortgages, Bloomberg said, citing a person familiar with the investigation.
U.S. stock index futures edged lower on Thursday as commodities lost ground on worries about less demand after recent tepid economic data and ahead of Friday's key payrolls report.
The companies whose shares are moving in pre-market trade on Wednesday are: Ralcorp Holdings, CBS, AOL, Teradyne, Comcast, Applied Materials, Sanofi-Aventis, Las Vegas Sands, JinkoSolar Holding, MGM Resorts and McKesson Corp.
The trustee for bankrupt Thornburg Mortgage Inc has sued Goldman Sachs, Barclays and other big banks for a combined $2.2 billion, blaming them for the former home loan company's bankruptcy.
Morgan Stanley Smith Barney has lost six advisers overseeing more than $1 billion of client assets to competitors.
The top after-market NASDAQ Stock Market losers are: PDF Solutions, Oclaro, Research In Motion, Ensign Group, Deckers Outdoor, Internap Network Services, CoStar Group, CROCS, Oncothyreon, TeleCommunication Systems, and Microsoft.
The top pre-market NASDAQ Stock Market gainers are: USA Technologies, Rediff.com India, Mindspeed Technologies, Sify Technologies, Calamos Asset Management, and Veeco Instruments. The top pre-market NASDAQ Stock Market losers are: Wilshire Bancorp, Lawson Software, ZST Digital Networks, Tellabs, Netflix, and Express Scripts.
U.S. stocks advanced on Thursday as robust earnings from Apple, Morgan Stanley and General Electric lifted the market, but weaker-than- expected reports on jobless claims and Philadelphia Fed Manufacturing Index kept gains in check.
Citigroup Inc can be more than just a survivor of the financial crisis, Chief Executive Vikram Pandit told shareholders on Thursday.
Morgan Stanley's first-quarter profit fell nearly 50 percent, but the results were better than many analysts had forecast thanks to stronger-than-expected fixed-income trading revenue.
Morgan Stanley's first-quarter profit dropped nearly 50 percent, hurt by a steep decline in bond trading revenue.
The board of Citigroup Inc was sued by an individual shareholder for the damage done to the bank by years of shoddy mortgage and foreclosure practices, which recently led to a costly fix agreed with regulators.
U.S. stock index futures were flat on Tuesday as investors digested the latest round of corporate profits.
US stocks ended sharply lower on Monday after Standard & Poor’s (S&P) revised its rating outlook on the United States to negative.
US stocks ended sharply lower on Monday after Standard & Poor’s (S&P) revised its rating outlook on the United States to negative.
Citigroup Inc's first-quarter profit fell 32 percent as shrinking loans and poor trading results pressured revenue while expenses surged.
Citigroup Inc's first-quarter profit fell 32 percent, slightly beating expectations, as the bank lost less money on bad loans. The third-largest U.S. bank said it earned $3.0 billion, or 10 cents per share, down from $4.4 billion, or 15 cents per share, a year earlier. Analysts on average had expected 9 cents per share, according to Thomson Reuters I/B/E/S.
Citigroup Inc's first-quarter profit fell 32 percent as bond trading revenue plunged and operating expenses jumped.
Citigroup Inc's first-quarter profit fell 32 percent, slightly beating expectations, as the bank lost less money on bad loans but struggled to grow its business.
U.S. stock index futures fell on Monday before a raft of corporate earnings, including Citigroup, as investors weigh whether corporate results and outlooks will be hurt by rising commodity costs.
U.S. stock index futures fell on Monday before a raft of corporate earnings, including Citigroup, while Greek debt concerns continued to cloud the global economic picture.
