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Citigroup News

News on Citigroup (Ticker: C) continually updated from thousands of sources around the net.

1 hr ago | Business Journal

Would Ackman have been better off not buying into P&G?

Activist investor Bill Ackman has made good money - a 32 percent return - on the $1.86 billion investment he made in Procter & Gamble Co.

Comment?

Related Topix: Procter and Gamble, Household Products, Banking, Financial Services

5 hrs ago | The Washington Post

Banks' Mortgage-Service Fixes Faulted by Settlement Monitor

The largest U.S. mortgage servicers, including Citigroup Inc. and Bank of America Corp., haven't done enough to upgrade their treatment of customers in danger of foreclosure, according to a court-appointed monitor.

Comment?

Related Topix: Home, Mortgage, Personal Finance, Banking, Financial Services, Bank of America, Foreclosures, Wells Fargo

9 hrs ago | SchaeffersResearch.com

Bears Continue Devouring Citigroup Inc

Citigroup Inc , currently trading at $49.69 , has had a strong 2013. The financial name boasts a year-to-date gain of over 25%, and during the past three months, it has bested the broader S&P 500 Index by nearly 6 percentage points.

Comment?

Related Topix: Banking, Financial Services, CitiMortgage, Day Trading, Financial Markets, Personal Finance

10 hrs ago | Insider Monkey

Why Citigroup Inc. (C) Is Trading Down Today

Except for Wells Fargo & Co , all of the Big Four banks are trading in the red today, with Citigroup Inc. down 0.50% about two hours after the opening bell.

Comment?

Related Topix: Banking, Financial Services, Wells Fargo , CitiMortgage, Ben Bernanke, Home, Mortgage, Personal Finance

13 hrs ago | Business Wire

Fitch Affirms & Withdraws Primerica Life's IFS at 'A+'; Outlook Stable

The Rating Outlook is Stable. Fitch has decided to discontinue the rating, which is uncompensated Primerica Life's rating is supported by the company's solid risk adjusted capitalization, strong competitive position in the individual term insurance market, efficient captive distribution force, conservative asset profile, and good operating ... (more)

Comment?

Related Topix: Banking, Financial Services, CitiMortgage

19 hrs ago | Bloomberg

Wall Street Trading Desks Defy Second-Quarter Curse

Wall Street banks , buoyed by record stock-market prices and high-yield bond issuance, probably will report a jump in second-quarter trading and investment-banking revenue from the same period a year ago.

Comment?

Related Topix: Financial Markets, Goldman Sachs, Financial Services, Investment Services, Banking, JP Morgan Chase , Bank of America, Stanley

22 hrs ago | MarketWatch

Financial Stocks: Financial stocks rise ahead of Fed meeting

Financial stocks edged higher Tuesday ahead of the Federal Reserve's policy meeting and Chairman Ben Bernanke's press conference in the following session.

Comment?

Related Topix: Financial Markets, Ben Bernanke, Banking, Financial Services, CitiMortgage, Media, Fox Filmed Entertainment

Tue Jun 18, 2013

SBWire

NYSE Gainers Watch List: HSBC Holdings Plc (NYSE:HBC) and the Royal...

Growing Stock Report expands its NYSE Gainers Weekly Watch List adding HSBC Holdings plc and The Royal Bank of Scotland Group plc .

Comment?

Related Topix: HSBC Holdings, Banking, Financial Services, HSBC Holding, Hang Seng Bank, GeoGraphix, Computer-Aided Design, Manufacturing and Engineering, Software, CitiMortgage

The Washington Post

Copper Falls as Investors Await Signs of Fed Stance on Stimulus

Copper fell in New York before Federal Reserve policy makers begin a meeting that may indicate when the central bank will start curbing debt purchases intended to stoke the U.S. economy.

Comment?

Related Topix: Financial Services, Banking, Science / Technology

Politico

NYC fundraiser for Begich canceled

A Big Apple fundraiser for Sen. Mark Begich - one of the targets of New York City Mayor Mike Bloomberg's gun control group - that was hosted by some of the city's finance titans was called off, officials confirmed.

Comment?

Related Topix: US Politics, US News, Senator Mark Begich, US Senate, Democrat, Banking, Financial Services

Forbes.com

David Tepper's Biggest-Winning Stocks

Appaloosa hedge fund manager David Tepper is known for outsized returns and good timing on his purchases, earning much of his wealth foreseeing and correctly playing the housing crisis and subsequent financial recovery.

Comment?

Related Topix: Financial Services, Banking

Insider Monkey

JPMorgan Chase & Co. (JPM), Citigroup Inc. (C): Interest Rates Are...

I like that term better--you can practically feel the bank getting squished between encroaching interest rates.

Comment?

Related Topix: Banking, JP Morgan Chase , Financial Services, Home, Mortgage, Personal Finance

PR-inside.com

New Report Available: Citigroup Inc. - SWOT, Strategy and Corporate Finance Report

The report covers the company's structure, operation, SWOT analysis, product and service offerings, detailed financials, and corporate actions, providing a 360deg view of the company.

Comment?

Related Topix: Banking, Financial Services, HarperCollins Publishers, Publishing, Media, Television, Ottaway Newspapers, Fox Filmed Entertainment, Digital Journal, FOX News Network

Mon Jun 17, 2013

The Hartford Courant

Insight: Why Citi wants to rack up U.S. taxes

Over the past few years, Citigroup Inc has been grappling with an unusual problem - how to incur more U.S. taxes.

Comment?

Related Topix: Banking, Financial Services, Best Buy, Retail, Home, Mortgage, Personal Finance, Ansonia, CT

The Motley Fool

What An $8.5-billion Settlement Would Mean for Bank of America

Phillip is a member of The Motley Fool Blog Network -- entries represent the personal opinion of the blogger and are not formally edited.

Comment?

Related Topix: Blog News, Home, Mortgage, Personal Finance, Financial Markets, Marketing, Banking, Financial Services

Reuters

British prosecutor to charge central Libor suspect -source

June 17 - Britain's top fraud prosecutor is poised to bring criminal charges against former Citigroup Inc and UBS AG trader Thomas Hayes, who is alleged to have been a central figure in a scam to rig global benchmark interest rates, a source familiar with the situation said on Monday.

Comment?

Related Topix: Financial Services, Banking

The Washington Post

U.S. Stocks Rise as Investors Weigh Stimulus Before Fed Meeting

U.S. stocks rose, with the Standard & Poor's 500 Index rebounding from last week's decline, as investors weighed prospects for less economic stimulus before this week's Federal Reserve policy meeting.

Comment?

Related Topix: Financial Markets, Semiconductors, Micron Technology, Electronics, Banking, Financial Services, Richmond, VA, Ben Bernanke

Insider Monkey

Why Citigroup Inc (C) Is Trading Up Solidly Today

After the thrashing it took last week, Citigroup Inc stock is trading up today, a full 2.15% about two hours into trading, as markets look for some clarity from the Federal Reserve -- which they may just get.

Comment?

Related Topix: Banking, Financial Services, Home, Mortgage

Bloomberg

Death of Structured Notes Seen as Brazil Bond Tax Ditched

Brazilian Finance Minister Guido Mantega is making obsolete the world's most-popular market for structured notes tied to bonds.

Comment?

Related Topix: Financial Markets, Banking, Financial Services

M2.com

Merrill, Morgan Stanley and Citigroup lead Eaton Vance notes offering

According to Eaton Vance, the senior notes will bear interest at the rate of 3.625% per year, payable on a semi-annual basis.

Comment?

Related Topix: Stanley, Eaton Vance, Financial Services, Investment Services, Banking, CitiMortgage, Morgan Stanley

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