Citigroup News

In this April 17, 2009 file photo, a sign at the Citigroup Center is seen in New York.

Indonesia may cut interest rates once more to stoke growth before faster inflation next year prompts policy makers to raise borrowing costs, economists said.

Although Wall Street rebounded strongly and posted a three-month rally from March to May after raching 12-year lows March 9, analysts expect the U.S. equity market to be boring in the second half of 2009.

German Chancellor Angela Merkel, French President Nicolas Sarkozy and British PM Gordon Brown meet to discuss the financial crisis on Saturday.

Two stocks in the Dow Jones Industrial Average will be replaced, Dow Jones & Company announced.

Lear Corp. , the worlda s second- largest maker of automotive seats, plans to file for Chapter 11 bankruptcy after reaching an agreement with representatives of secured lenders and bondholders.

DAN STRUMPF NEW YORK - ap with a file from Greg Keenan A utomotive parts supplier Lear Corp.

NOMURA Trust and Banking Co is acquiring NikkoCiti Trust and Banking Corp from Citigroup Inc for 19 billion yen as the American financial group scales back its Japan business.

The city's biggest banks are returning-slowly-to the bulge-bracket mortgage market.

Citigroup Inc has increased interest rates on up to 15 million U.S. credit card accounts just months before curbs on such rises come into effect, the Financial Times reported citing people close to the situation.

U.S. stock futures are pointing to a higher opening Wednesday as investors await data on the manufacturing and housing industries.

The Supreme Court paved the way on Monday for states to enforce fair-lending laws and other consumer protection measures against the nation's biggest banks, striking down a rule that limited such powers to federal banking regulators, The New York Times's John Schwartz reported.

Citigroup Inc. is in the final stage of talks to sell its NikkoCiti Trust & Banking Corp.

U.S. securities regulators are considering changing how companies are required to disclose stock options awarded to executives, people familiar with the Securities and Exchange Commission's thinking told Reuters on Tuesday.

American International Group Inc. 's annual shareholder meeting ended without drama Tuesday after a handful of shareholders voiced disappointment over the embattled insurer's near-collapse last fall.

When Sharii Rey, a paralegal in Portland, Oregon, had her credit limit reduced by JPMorgan Chase & Co.

The Supreme Court decision to let states enforce their consumer protection laws against federally chartered banks will give regulators greater power to police lending abuses in an industry already under intense pressure to reform.

Chief Executive Officer Marc Holliday said. 'A lot of the correction has already occurred,' Holliday said in an interview in his Midtown office.

Hard to believe, but only a couple of days are left in the first half of 2009. Compared to the turmoil of 2008, it hasn't been a really bad time for investors.

Hong Kong high school teacher Chris Poona s dream of buying his first apartment was dashed in December when banks refused to fund more than 50 percent of the HK$3.5 million purchase.