Citi to Buy Back Auction Rate Securities

" Citigroup  Inc. will buy back more than $7 billion in auction-rate securities and pay $100 million in fines as part of settlements with federal and state regulators announced Thursday. "Citi Group, which is...

Bankers Gone Bonkers

As we all watch slack-jawed while the global economy spins out of control, Pam Martens, who has worked on Wall Street for over twenty years, gives us just a few examples of the total insanity of bankers and brokers...

Citi loses almost $10B, slashes dividend

Even with the endless services charges Citibank still managed to break the record books.  "NEW YORK - Citigroup Inc. lost almost $10 billion in last year's final three months, the largest quarterly deficit in...

Visa Inc. Files Registration Statement with SEC for Proposed Initial Public O...

"J.P. Morgan Securities Inc., Goldman, Sachs & Co., Banc of America Securities LLC, Citi, HSBC Securities (USA) Inc., Merrill Lynch & Co., UBS Investment Bank and Wachovia Securities are acting as joint bookrunners with respect to the offering. A copy of the...

FPL announces FIX Algorithmic Trading Language enters beta phase

London, (ANTARA News/PRNewswire-AsiaNet)- FIX Protocol Ltd (FPL) has announced that the FIX Algorithmic Trading Definition Language (FIXatdl(SM))has entered its beta phase in preparation for its ultimate release targeted for late 2007. The new language will deliver advanced...

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