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Citigroup Inc

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  • *Shares hit all-time high of 1,233 pence. LONDON, April 21- ARM Holdings, the British chip designer favoured by Apple, beat expectations for first-quarter profit thanks to demand for the iPhone 6, and said its royalties would grow as its latest technology is used in more smartphones. Shares in the Cambridge- based company rose to an all-time high of 1,233 pence...

  • April 21- Hints that U.S. regulators could veto Comcast Corp's proposed $45 billion takeover of Time Warner Cable Inc have investment bankers worried about whether they will get paid, with smaller advisory firms particularly on edge. Boutique investment banks such as Allen& Company, Centerview Partners and Paul Taubman's PJT Partners have limited resources...

  • Final Glance: Banks companies Monday, 20 Apr 2015 | 7:10 PM ET

    Bank of America Corp. rose$. 01 or. 1 percent, to $15.57. Citigroup Inc. rose$. 13 or. 2 percent, to $53.20. Goldman Sachs rose$. 75 or. 4 percent, to $198.10.

  • Midday Glance: Banks companies Monday, 20 Apr 2015 | 1:17 PM ET

    Bank of America Corp. rose$. 07 or. 4 percent, to $15.63. Citigroup Inc. rose$. 42 or. 8 percent, to $53.49. Goldman Sachs rose $1.51 or. 8 percent, to $198.86.

  • NEW YORK, April 20- Profit in Morgan Stanley's wealth management division rose 24.6 percent in the first quarter, but new money from clients fell by about one-third, the company said on Monday. Morgan Stanley made a big bet on that theory two years ago by completing its purchase of Citigroup Inc's Smith Barney, the industry leader in selling fee-based managed...

  • Early Glance: Banks companies Monday, 20 Apr 2015 | 10:38 AM ET

    Bank of America Corp. rose$. 04 or. 3 percent, to $15.60. Citigroup Inc. rose$. 27 or. 5 percent, to $53.34. Goldman Sachs rose $1.84 or. 9 percent, to $199.19.

  • *Raytheon to pay about $1.6 bln, including debt. April 20- U.S. arms maker Raytheon Co is buying network security provider Websense Inc from private equity firm Vista Equity Partners LLC in a $1.9 billion deal, the latest in the fast-growing cybersecurity market. "We're seeing an exponential increase in the number of attacks by ultra-sophisticated attackers,"...

  • Final Glance: Banks companies Friday, 17 Apr 2015 | 6:03 PM ET

    Bank of America Corp. fell$. 23 or 1.5 percent, to $15.56. Citigroup Inc. fell$. 95 or 1.8 percent, to $53.07. Goldman Sachs fell $2.86 or 1.4 percent, to $197.35.

  • Why banks made more money last quarter Friday, 17 Apr 2015 | 3:41 PM ET

    NEW YORK— Wall Street and Main Street gave banks a boost last quarter. JPMorgan Chase created $24.7 billion worth of mortgages, up 45 percent from a year earlier, while Bank of America put together mortgages worth $13.7 billion, up 54 percent. Wells Fargo, the nation's largest mortgage lender, generated $49 billion in home loans, up 36 percent from the same period...

  • Most active New York Stock Exchange-traded stocks Friday, 17 Apr 2015 | 1:17 PM ET

    NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. AT&T Inc. fell. 7 percent to $32.51 with 29,042,800 shares traded. Alcoa Inc. rose. 1 percent to $13.46 with 23,252,700 shares traded.

  • Midday Glance: Banks companies Friday, 17 Apr 2015 | 1:17 PM ET

    Bank of America Corp. fell$. 26 or 1.6 percent, to $15.54. Citigroup Inc. fell$. 77 or 1.4 percent, to $53.25. Goldman Sachs fell $3.08 or 1.5 percent, to $197.14.

  • LONDON, April 17- A months-long Russian Eurobond rally that drove some sovereign debt prices to multi-year highs is spilling into rouble bonds, with double-digit yields and the promise of interest rate cuts luring foreigners. Russia's most-traded dollar bond, due 2030, has risen 18 cents since end-January to its highest since November 2013.

  • Early Glance: Banks companies Friday, 17 Apr 2015 | 10:57 AM ET

    Bank of America Corp. fell$. 16 or 1.0 percent, to $15.63. Citigroup Inc. fell$. 30 or. 6 percent, to $53.72. Goldman Sachs fell $2.38 or 1.2 percent, to $197.83.

  • LONDON, April 17- A former UK broker on Friday pleaded not guilty in a London court to a criminal charge he conspired to manipulate Libor benchmark interest rates. Noel Cryan, a former employee at UK brokerage Tullett Prebon, is charged with conspiracy to defraud between February and December 2009 and is the first former Tullett employee to face sanction in a...

  • Federal Reserve may allow big banks to use some municipal bonds to meet new liquidity rules that ensure they have enough cash during a credit crunch, the Wall Street Journal reported, citing people familiar with the matter. The Fed had excluded debt issued by cities and states when it approved liquidity rules for large banks in September, part of a global effort...

  • April 16- Citigroup Inc reported its highest quarterly profit in nearly eight years as costs plunged, showing that the bank's efforts to streamline its business may be starting to pay off. Citi has been slowly getting its house in order by cutting costs and shedding assets that are not critical to its main businesses. Citi's operating expenses fell 10 percent to...

  • NEW YORK, April 16- Goldman Sachs Group Inc's blockbuster performance in stock trading last quarter has some Wall Street watchers wondering whether it knocked rival Morgan Stanley out of the top spot in equities. Goldman was head-and-shoulders above Morgan Stanley for many years in stock trading, where the two banks compete aggressively to finance hedge...

  • Final Glance: Banks companies Thursday, 16 Apr 2015 | 6:03 PM ET

    Bank of America Corp. rose$. 15 or 1.0 percent, to $15.79. Citigroup Inc. rose$. 81 or 1.5 percent, to $54.02. Goldman Sachs fell$. 89 or. 4 percent, to $200.21.

  • Netflix soared 18 percent after announcing a surge in subscribers in the latest quarter. Citigroup rose 2 percent after reporting stronger earnings as its legal costs fell. The price of U.S. crude oil rose 32 cents to close at $56.71 a barrel in New York.

  • Banks tighten funding pipeline to energy companies Thursday, 16 Apr 2015 | 2:48 PM ET
    A worker pauses while drilling for oil on a derrick in the Bakken shale formation outside Watford City, North Dakota.

    Bank lenders are curbing the amount of money they supply to energy companies amid an ongoing swoon in the price of crude oil.