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Norway Towns Sue Citi Over Losses
Seven Norwegian municipalities are suing Citigroup Inc after losing millions of US dollars on investments. The towns are seeking $200 million in damages together with Norwegian firm Terra Securites. Terra bought the structured notes from Citigroup in May and June 2007, and...
Taxpayers Foot Bill for College Football Bowls
It appears writer Eric Crawford was ahead of the journalistic pack with his article that appeared inthe Louisville Courier-Journal on Black Friday — the one after Thanksgiving, not Christmas. In Bailout... Citi (TaxPayers) Field Name Safe, According to Mets
Baseball is America's favorite past time, so it sounds like a great idea for American Taxpayers to foot the Bill for the 400 million dollar name rights to the new Mets Stadium. Citigroup still intends... Citigroup Bailout May Assist More Homeowners
The government's multibillion-dollar bailout of Citigroup Inc. requires the giant financial services company to lower loan rates for struggling homebuyers who are behind on their mortgage payments. This rescue... Citi Rescue Talks Underway
"The market shrugged off the prospect of a Citigroup meltdown and focused instead on the leak that Timothy Geithner was Obama's pick for Treasury Secretary. Citi fell another 20%, its shares dropping below $4. Have banking catastrophes become so routine that it is now...
created by MortgageAuditor | 1 year ago | updated 1 year ago
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60 views | 0 recommendations | 0 comments
U.S. financial giant Citigroup to cut another 53,000 jobs
U.S. financial giant Citigroup to cut another 53,000 jobs 0 ...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... 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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