Citigroup's quarterly loss on troubled assets eased to $292 million from $798 million a year earlier - and that aided the bottom line.
Reuters
Apr 14, 2014
After last week's volatile sessions, which ended with the markets losing a lot of ground, earnings and economic data should guide markets.
Arjun Kashyap
Apr 14, 2014
At the end of 2013, Citigroup had reduced its employee count by more than a fifth to 251,000 from 323,000 in 2008.
Sneha Shankar
Apr 14, 2014
Expectations for U.S. company earnings are on a slippery slope down Wall Street.
Moran Zhang
Apr 10, 2014
Inadequate U.S. bank regulations helped trigger the 2008 global financial crisis - the free world's biggest crisis since the Great Depression.
Sneha Shankar
Apr 09, 2014
Further, Citi last year agreed to pay $730 million to resolve claims that it did not reveal its exposure to toxic mortgage assets.
Sneha Shankar
Apr 08, 2014
The hearing before competition and legal officials and their counterparts could determine whether the banks face hefty fines.
Reuters
Apr 07, 2014
The CFTC has also brought lawsuits against Jon S. Corzine and Edith O’Brien for allegedly misusing customers' funds.
Sneha Shankar
Apr 04, 2014
MF Holdings declared bankruptcy in October 2011, listing assets of $41 billion and debts of $39.7 billion.
Sneha Shankar
Mar 29, 2014
Movement of banking stocks, specifically Citigroup's, along with Q4 GDP data and jobless claims numbers could influence markets.
Arjun Kashyap
Mar 27, 2014
This is the second time in three years that Citigroup's capital plan has been rejected by the Federal Reserve.
Sneha Shankar
Mar 27, 2014
The Ukraine crisis has affected many business models: here are 10.
Meagan Clark
Mar 13, 2014
“Credit defaults will definitely happen. It’s just a matter of timing, scale, and how big the impact is,” a bank regulator says.
Moran Zhang
Mar 12, 2014
The reason a large U.S. bank made a large loan to a troubled Mexican company could go beyond simple negligence.
Patricia Rey Mallén
Mar 12, 2014
The firm went from a long-standing Petróleos Mexicanos relationship and more than $2B in profit to an alleged fraud scheme.
Patricia Rey Mallén
Mar 06, 2014
Money laundering is the suspected motive behind the fraudulent loans granted by Citigroup's Mexican unit, Banamex.
Patricia Rey Mallén
Mar 04, 2014
Sources tell the Financial Times JPMorgan Chase will announce a 2,000-job cutback on top of already planned reductions.
Dennis Lynch
Feb 24, 2014
Next week’s earnings calendar will be dominated by big-name retailers.
Moran Zhang
Feb 21, 2014
The scandal came out two years ago, following which Barclays paid a fine of $450 million in 2012 for wrongdoing.
Sneha Shankar
Feb 18, 2014
Citigroup has agreed to pay $110 million to homeowners, after a lawsuit was filed on force-placed insurances
Sneha Shankar
Feb 08, 2014
An often-overlooked -- and sneaky -- practice could wind up distorting your perspective on the major players in retail.
Odysseas Papadimitriou
Jan 31, 2014
DeVere Group CEO Nigel Green wants the global financial reporting regime to be repealed, a call that has gained little political traction to date.
Nat Rudarakanchana
Jan 30, 2014
