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Citigroup Inc

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  • Final Glance: Banks companies Tuesday, 27 Jan 2015 | 6:08 PM ET

    Bank of America Corp. fell$. 22 or 1.4 percent, to $15.63. Citigroup Inc. fell$. 58 or 1.2 percent, to $48.31. Goldman Sachs fell $3.93 or 2.2 percent, to $176.49.

  • JPMorgan profited from soaring Swiss franc - Bloomberg Tuesday, 27 Jan 2015 | 3:47 PM ET

    Jan 27- JPMorgan Chase& Co's currency traders made a profit of as much as $300 million when the Swiss central bank shocked markets by scrapping its cap on the franc this month, Bloomberg reported, citing two people with knowledge of the matter. JPMorgan netted $250 million to $300 million on the day the Swiss National Bank removed the franc's ceiling of 1.20...

  • Midday Glance: Banks companies Tuesday, 27 Jan 2015 | 1:36 PM ET

    Bank of America Corp. fell$. 12 or. 7 percent, to $15.73. JPMorgan Chase fell$. 35 or. 6 percent, to $56.42. Morgan Stanley fell$. 28 or. 8 percent, to $34.83.

  • *Markets giving Greece benefit of the doubt for now. Investors have bid the dollar higher in anticipation that the Fed will be raising interest rates around mid-year as the U.S. economy recovers its growth momentum at the same time major central banks in Europe and Japan are loosening policies to spur activity. Given the durables data people are more wary of the...

  • Early Glance: Banks companies Tuesday, 27 Jan 2015 | 10:25 AM ET

    Bank of America Corp. fell$. 35 or 2.2 percent, to $15.50. Citigroup Inc. fell$. 85 or 1.7 percent, to $48.04. Goldman Sachs fell $3.07 or 1.7 percent, to $177.35.

  • LONDON, Jan 26- European politicians at opposite ends of the spectrum celebrated the election victory of Greece's anti-austerity Syriza party on Monday, but Alexis Tsipras' post-communist triumph is forcing mainstream leftists to reconsider their position. "This is a slap at what I see as very right-wing economic policy in Europe," Finnish Foreign Minister...

  • Final Glance: Banks companies Monday, 26 Jan 2015 | 6:04 PM ET

    Bank of America Corp. rose$. 12 or. 8 percent, to $15.85. Citigroup Inc. rose$. 27 or. 6 percent, to $48.89. Goldman Sachs fell$. 07 or percent, to $180.42.

  • NEW YORK, Jan 26- A blizzard bearing down on New York hollowed out Wall Street offices on Monday, leaving most investment banks and fund managers with skeleton staffs as many employees opted to work from home. "No one will give me a medal for making it to work after a five-hour commute," said Anurag Bhardwaj, a managing director who works with hedge funds at Barclays...

  • Most major U.S. carriers said they would allow passengers ticketed to, from or through the Northeast on Monday or Tuesday to change their plans without getting hit by a reservation-change fee, typically $200. Home Depot said it's seeing high demand for shovels, salt, snow throwers and other suppliers throughout the mid-Atlantic up through New England.

  • Early Glance: Banks companies Monday, 26 Jan 2015 | 12:16 PM ET

    Bank of America Corp. rose$. 05 or. 3 percent, to $15.78. Citigroup Inc. fell$. 08 or. 2 percent, to $48.55. Goldman Sachs fell $1.00 or. 6 percent, to $179.49.

  • LONDON, Jan 26- European politicians at opposite ends of the spectrum celebrated the election victory of Greece's anti-austerity Syriza party on Monday, but Alexis Tsipras' post-communist triumph is forcing mainstream leftists to reconsider their position. "This is a slap at what I see as very right-wing economic policy in Europe," Finnish Foreign Minister...

  • Final Glance: Banks companies Friday, 23 Jan 2015 | 6:04 PM ET

    Bank of America Corp. fell$. 36 or 2.2 percent, to $15.73. Citigroup Inc. fell$. 95 or 1.9 percent, to $48.62. Goldman Sachs fell $1.55 or. 9 percent, to $180.49.

  • For more than a year Ford has said its ability to get auto parts for its operations in Venezuela have been hampered by the valuation of the Venezuelan bolivar, and made the accounting change effective Dec. 31. General Motors Co, Clorox, Procter& Gamble, Baker Hughes and Brink's have also taken hits to their respective bottom lines in the past year because of the...

  • Midday Glance: Banks companies Friday, 23 Jan 2015 | 1:31 PM ET

    Bank of America Corp. fell$. 16 or 1.0 percent, to $15.93. Citigroup Inc. fell$. 48 or 1.0 percent, to $49.09. Wells Fargo fell$. 16 or. 3 percent, to $53.61.

  • Early Glance: Banks companies Friday, 23 Jan 2015 | 11:24 AM ET

    Bank of America Corp. fell$. 09 or. 6 percent, to $16.00. Citigroup Inc. fell$. 28 or. 6 percent, to $49.30. Goldman Sachs rose$. 19 or. 1 percent, to $182.23.

  • *70 pct of cars bought on credit- Citi. LONDON, Jan 23- Shares in European carmakers powered to record highs on Friday as investors bet the European Central Bank's trillion-euro bond-buying plan would drive down the cost of car financing as well as boost eurozone companies' exports. Some 70 percent of cars in developed markets are bought on credit, according to...

  • DETROIT— Ford says it will take an $800 million charge in the fourth quarter because of exchange rate problems between the Venezuelan bolivar and the U.S. dollar. But the automaker still expects a full-year pretax profit of $6 billion when it reports 2014 earnings Thursday. The Dearborn, Michigan, automaker has had operations in Venezuela for 53 years.

  • *Euro dives to lowest vs dollar since September 2003. LONDON, Jan 23- The euro plunged below $1.12 for the first time in more than 11 years on Friday, a day after the European Central Bank said it would pump over a trillion euros into the euro zone economy, and two days before a national election in Greece. The euro shed over 2 percent to hit $1.1115, its lowest since...

  • *China factory activity contracts for 2nd month. LONDON/ BEIJING, Jan 23- Businesses across Asia and Europe have slashed prices at the start of the year to drum up trade, surveys showed on Friday, vindicating the European Central Bank's decision to print money in a bid to revive inflation. Euro zone firms cut prices at the fastest rate in nearly five years and Chinese...

  • *China factory activity contracts for 2nd month. BEIJING/ SEOUL, Jan 23- Chinese factories were forced to cut prices for the sixth straight month in January to sell their products, while economic growth in South Korea slowed sharply, raising the prospect of more policy easing from major central banks in Asia. The weak manufacturing reading from China added to...