Citigroup Inc


  • Final Glance: Banks companies Friday, 29 Aug 2014 | 6:07 PM ET

    Bank of America Corp. rose$. 08 or. 5 percent, to $16.09. Citigroup Inc. rose$. 26 or. 5 percent, to $51.65. JPMorgan Chase rose$. 29 or. 5 percent, to $59.45.

  • District Judge Thomas Griesa in New York scheduled a hearing for Sept. 10 at 2:30 p.m. EDT following a request by a lawyer for Elliott Management's NML Capital Ltd, a creditor suing over Argentine bonds that have been in default since 2002..

  • MEXICO CITY, Aug 29- Mexican bread maker Grupo Bimbo, the world's largest baker and maker of Entenmann's cakes and Oroweat bread among other brands, said on Friday it is planning to sell new shares in Mexico and abroad, marking its first foreign listing.

  • Early Glance: Banks companies Friday, 29 Aug 2014 | 10:31 AM ET

    Bank of America Corp. rose$. 07 or. 4 percent, to $16.08. Citigroup Inc. rose$. 24 or. 5 percent, to $51.63. Goldman Sachs rose$. 83 or. 5 percent, to $178.48.

  • LONDON, Aug 29- The beleaguered euro won temporary relief on Friday after euro zone inflation came in line with expectations and somewhat cooled speculation that the European Central Bank would ease monetary policy as early as next week.

  • The subpoenas are aimed at a US $4.7 bn facility provided by China Development Bank, ICBC and BOC to finance the construction of two hydroelectric dams in Patagonia and a US $2.1 bn loan from China Development Bank and ICBC to finance the Belgrano Cargas railway project.

  • Final Glance: Banks companies Thursday, 28 Aug 2014 | 6:02 PM ET

    Bank of America Corp. fell$. 19 or 1.2 percent, to $16.01. Citigroup Inc. fell$. 47 or. 9 percent, to $51.39. Wells Fargo fell$. 19 or. 4 percent, to $51.15.

  • WASHINGTON, Aug 28- The U.S. systemic risk council will meet on Sept. 4 to discuss naming nonbank financial firms for tougher regulatory oversight, the U.S. Treasury Department said on Thursday.

  • JPMorgan investigating possible cyberattack Thursday, 28 Aug 2014 | 2:31 PM ET

    NEW YORK— JPMorgan Chase, the nation's biggest bank by assets, is working with law enforcement officials to investigate a possible cyberattack, said a person familiar with the situation who spoke on condition of anonymity, though the bank isn't currently seeing any unusual fraud activity at the time.

  • Midday Glance: Banks companies Thursday, 28 Aug 2014 | 1:19 PM ET

    Bank of America Corp. fell$. 14 or. 9 percent, to $16.06. Citigroup Inc. fell$. 35 or. 7 percent, to $51.51. Goldman Sachs fell$. 65 or. 4 percent, to $177.16.

  • *Poll forecasts first UK rate hike in Q1 2015, of 25 bps. LONDON, Aug 28- The Bank of England will be the first major central bank to lift interest rates when it makes a move early next year, jumping the gun on the U.S. "But the pace of activity is probably stronger in the UK than in the U.S. and we are seeing a faster decline in the unemployment rate in the UK."

  • Early Glance: Banks companies Thursday, 28 Aug 2014 | 10:31 AM ET

    Bank of America Corp. fell$. 14 or. 9 percent, to $16.06. Citigroup Inc. fell$. 37 or. 7 percent, to $51.49. Goldman Sachs fell $1.05 or. 6 percent, to $176.76.

  • US bank earnings up 5.2 percent in 2Q Thursday, 28 Aug 2014 | 10:00 AM ET

    The FDIC reported that U.S. banks earned $40.2 billion in the second quarter of this year, up from $38.2 billion in the same period in 2013.. The FDIC said 57.5 percent of banks reported an increase in profit in the second quarter from a year earlier, and only 6.8 percent of banks were unprofitable— down from 8.4 percent a year earlier.

  • MILAN, Aug 28- Italy's benchmark 10- year debt costs fell to a new record low of 2.39 percent on Thursday amid expectations that weak euro zone growth and inflation will prompt further policy action from the European Central Bank.

  • BEIJING, Aug 28- Activity in China's vast factory sector likely weakened in August as demand faltered, a Reuters poll showed on Thursday, reinforcing expectations that further policy steps may be needed to keep economic growth on track.

  • *H1 revenue falls to $82.3 billion. LONDON, Aug 28- Revenue at the world's 10 largest investment banks fell 5 percent in the first half of the year, as continued weakness in fixed income trading departments outweighed a strong rebound in advisory services on deals, new data showed on Thursday.

  • *German inflation figures due at 1200 GMT. *Italy sells up to 8 bln euros of five- and 10- year bonds. LONDON, Aug 28- Euro zone bond yields held at record lows on Thursday as a drop in Spanish inflation in August kept pressure on the European Central Bank to ease policy further.

  • Final Glance: Banks companies Wednesday, 27 Aug 2014 | 6:02 PM ET

    Bank of America Corp. fell$. 13 or. 8 percent, to $16.20. Citigroup Inc. fell$. 27 or. 5 percent, to $51.86. Morgan Stanley fell$. 27 or. 8 percent, to $34.13.

  • Aug 27- LendingClub Corp, the world's largest online marketplace connecting borrowers and investors directly, filed with U.S. regulators for an initial public offering of common stock. LendingClub's investors include Norwest Venture Partners, Foundation Capital LP, Morgenthaler Venture Partners and Canaan LP.

  • Detroit says investor demand for water/sewer bonds is big Wednesday, 27 Aug 2014 | 1:44 PM ET

    Aug 27- Detroit's sale on Tuesday of nearly $1.8 billion of water and sewer bonds attracted about $7.6 billion in orders and will save the bankrupt city nearly $250 million, city officials said on Wednesday.