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Citigroup Inc

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  • July 10- A federal judge has dismissed mortgage discrimination lawsuits filed by the City of Miami against Citigroup Inc and Wells Fargo& Co, following the dismissal of a similar lawsuit against Bank of America Corp earlier this week. District Judge William Dimitrouleas dismissed the city's claims against Citi and Wells under the U.S.

  • July 10- A federal judge has dismissed mortgage discrimination lawsuits filed by the City of Miami against Citigroup Inc and Wells Fargo& Co, following the dismissal of a similar lawsuit against Bank of America Corp earlier this week. He referred to his reasoning in the Bank of America case, where he said Miami lacked standing to sue.

  • YOUR MONEY -When airport clubs are worth the money Thursday, 10 Jul 2014 | 3:03 PM ET

    July 10- When you fly several times a month, as Gabriella Ribeiro Truman does, finding a comfortable place to wait for a flight and grab a snack can make traveling a lot more enjoyable.

  • Midday Glance: Banks companies Thursday, 10 Jul 2014 | 1:44 PM ET

    Bank of America Corp. fell$. 16 or 1.0 percent, to $15.45. Citigroup Inc. fell$. 53 or 1.1 percent, to $46.85. Goldman Sachs fell $1.57 or 1.0 percent, to $163.10.

  • Early Glance: Banks companies Thursday, 10 Jul 2014 | 11:01 AM ET

    Bank of America Corp. fell$. 21 or 1.3 percent, to $15.39. Citigroup Inc. fell$. 53 or 1.1 percent, to $46.86. Goldman Sachs fell $2.48 or 1.5 percent, to $162.19.

  • *Qatar sells about 5 pct of LSE, cutting stake by a third. LONDON, July 10- Qatar has sold a 5 percent stake in the London Stock Exchange for 260.1 million pounds, cutting its holding by a third and making a profit of around 20 percent, according to Reuters calculations.

  • METALS-Copper slips on weak Chinese copper imports Thursday, 10 Jul 2014 | 6:11 AM ET

    *China copper imports fall 7.9 pct on month in June. *Codelco to cancel some shipments to China in H2- sources. In top copper consumer China, data showed its trade performance improved in June but still missed market forecasts, reinforcing expectations that Beijing will have to unveil more stimulus measures to stabilize the economy.

  • US uses new tactic to crack bank laundering cases Wednesday, 9 Jul 2014 | 8:06 PM ET

    U.S. is using a new tactic for money laundering crack downs: asking suspects in a range of cases to help them follow the money back to their bankers.

  • Citigroup's likely $7 billion settlement isn't enough to dissuade CLSA bank analyst Mike Mayo from a "buy" rating.

  • ST. LOUIS, July 9- U.S. prosecutors are using a new tactic to crack down on banks that fail to fight money laundering: systematically asking suspects in a wide range of criminal cases to help them follow the money back to their bankers.

  • DoJ, BofA mortgage talks stall: Sources Wednesday, 9 Jul 2014 | 5:50 PM ET
    U.S. Attorney General Eric Holder listens during a news conference to announce indictments against Chinese military hackers on cyber-espionage.

    Talks to resolve probes into shoddy mortgage securities sold by the bank remain at a standstill, according to sources.

  • Bank of America has discussed paying about $12 billion to settle the probes, including a portion to help struggling homeowners, while the Justice Department had suggested a $17 billion settlement, sources said.

  • July 9- A federal judge has dismissed the city of Miami's mortgage discrimination lawsuit against Bank of America Corp, handing the city its first defeat in four suits that accuse major banks of U.S.

  • Mike Mayo: Citi still a buy     Wednesday, 9 Jul 2014 | 12:30 PM ET

    Citigroup nears a potential $7 billion deal to settle a mortgage probe. Mike Mayo, CLSA bank analyst, thinks the company can handle the cost.

  • UPDATE 3-Greece hires banks for new three-year bond Wednesday, 9 Jul 2014 | 10:58 AM ET

    *Athens says 3- year bond to be issued soon. ATHENS/ LONDON, July 9- Greece said on Wednesday it has hired banks for a new three-year euro bond, the aid-reliant nation's second debt sale since returning to financial markets in April.

  • LONDON/ LISBON, July 7- The naming of the first CEO from outside the founding clan of Banco Espirito Santo has reassured investors, but he will be under pressure to explain how Portugal's biggest bank will recover nearly a billion euros lent to family-controlled firms.

  • *Alcoa tops expectations; shares up in premarket. *Citigroup may pay $7 billion to resolve probe: source. *Alcoa Inc rose 2 percent to $15.14 in premarket trading a day after reporting second-quarter adjusted earnings and revenue that topped expectations.

  • Early movers: AA, TCS, C, B, AAPL, PFE, AMX & more Wednesday, 9 Jul 2014 | 7:33 AM ET
    Traders on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • *Alcoa tops expectations; shares up in premarket. *Citigroup may pay $7 billion to resolve probe: source. *Alcoa Inc rose 2 percent to $15.14 in premarket trading a day after reporting second-quarter adjusted earnings and revenue that topped expectations.

  • *Luye Pharma one of scores of firms expected to relist in HK, China. HONG KONG, July 9- Shares in China's Luye Pharma Group Ltd jumped as much as 18 percent in its Hong Kong market debut on Wednesday, bolstering prospects for other so-called " China orphan" firms that had been previously listed elsewhere.