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Citigroup Inc

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  • Final Glance: Banks companies Tuesday, 24 Mar 2015 | 8:17 PM ET

    Bank of America Corp. fell$. 11 or. 7 percent, to $15.61. Goldman Sachs fell$. 68 or. 4 percent, to $191.28. JPMorgan Chase fell$. 68 or 1.1 percent, to $60.46.

  • Japan's overseas stock buying spree pressures yen Tuesday, 24 Mar 2015 | 7:44 PM ET
    A group of Tokyo businessmen and businesswomen toast with mugs of beer at a beer garden in Tokyo.

    Purchases of foreign stocks and bonds by Japan's giant pension funds and other big investors in 2015 could be their highest for at least a decade.

  • Midday Glance: Banks companies Tuesday, 24 Mar 2015 | 1:19 PM ET

    Bank of America Corp. fell$. 06 or. 3 percent, to $15.67. Citigroup Inc. fell$. 28 or. 5 percent, to $52.20. JPMorgan Chase fell$. 28 or. 5 percent, to $60.86.

  • Fed official Stein heads to hedge fund Tuesday, 24 Mar 2015 | 12:27 PM ET
    Jeremy Stein, a former governor of the Federal Reserve.

    Another former senior government official has signed up to be a paid advisor to a multibillion-dollar hedge fund firm.

  • *UK acquisitions by foreign buyers total $48 bln year to date. Investors appear relatively unconcerned about the risk of instability after a general election on May 7 or doubts about Britain's future in the European Union. Even excluding a $15 billion bid by Hutchison Whampoa for O2's UK operations, inbound mergers& acquisitions activity so far this year is at...

  • Early Glance: Banks companies Tuesday, 24 Mar 2015 | 10:22 AM ET

    Bank of America Corp. fell$. 01 or. 1 percent, to $15.71. Citigroup Inc. fell$. 26 or. 5 percent, to $52.22. Morgan Stanley fell$. 26 or. 7 percent, to $36.05.

  • NEW YORK— For decades, American Express was the undisputed credit card of choice among corporate road warriors, the wealthy and the well-traveled, who lived by the company's slogan, "Don't leave home without it." Costco, for example, is ending its 15- year relationship with AmEx and defecting to Citigroup and Visa starting next March. As a result, American Express...

  • MEXICO CITY, March 23- Mexican supermarket Comercial Mexicana said on Monday it had paid off all its debts with a bank loan payment totaling 1.5 billion pesos. The syndicated loan was made by Citigroup's Mexico unit Banamex, J.P. Morgan and four other banks in 2012, the supermarket known locally as Comerci said in a filing. In January, Comerci agreed to sell most of...

  • Final Glance: Banks companies Monday, 23 Mar 2015 | 6:03 PM ET

    Bank of America Corp. fell$. 12 or. 8 percent, to $15.72. Citigroup Inc. fell$. 50 or. 9 percent, to $52.48. Goldman Sachs fell $1.17 or. 6 percent, to $191.96.

  • NEW YORK, March 23- The dollar fell further on Monday on views a Federal Reserve interest rate hike will come later rather than sooner, and the decline helped boost oil prices. U.S. energy shares initially were among the biggest gainers on Wall Street as crude prices rebounded on the weak dollar. Gold rose for a fourth day to a two-week high, while London copper prices...

  • The dollar fell for a second straight session against a basket of major currencies after traders unwound bullish dollar positions.

  • How the smart money is set up for a Fed rate hike Monday, 23 Mar 2015 | 3:18 PM ET
    A teller displays $100 dollar U.S. notes at a money exchange in Jakarta, Indonesia.

    The so-called smart money is focused on currencies over bonds in anticipation of the Fed's long-awaited interest rate increase.

  • Midday Glance: Banks companies Monday, 23 Mar 2015 | 1:32 PM ET

    Bank of America Corp. fell$. 06 or. 4 percent, to $15.78. Citigroup Inc. fell$. 27 or. 5 percent, to $52.71. Goldman Sachs rose$. 21 or. 1 percent, to $193.34.

  • NEW YORK— Citibank says a U.S. court has authorized it to process two debt payments for Argentina without facing contempt charges over a long-running dispute with U.S. bondholders. The court stipulated it will not restrict Citi from having its Argentine branch process payments on dollar-denominated Argentine bonds on March 31 and June 30.

  • *Chinese premiums ease to $4- $5. LONDON, March 23- Gold firmed for the fourth straight session on Monday to its highest in more than two weeks, as the dollar extended losses and expectations rose that the Federal Reserve will hold off until at least September to raise interest rates. Gold had dipped to a four-month low before the Fed met last week as concerns mounted...

  • *Greece in focus in Europe. "There's a very large long-dollar position in the market, and what we appear to be facing is an unwind of that position," said Richard Cochinos, head of Americas G10 FX strategy at Citi in New York. The euro continued to strengthen against the dollar despite comments from European Central Bank President Mario Draghi on the central bank's...

  • March 23- Ocwen Financial Corp rejected allegations of poor mortgage servicing practices and said on Monday that it had sent a letter to trustees of 119 mortgage pools, arguing that it should not be removed as a servicer. Investors including BlackRock Inc and Metlife Inc sent a notice to Ocwen and the trustees in January, alleging improper loan modification...

  • Early Glance: Banks companies Monday, 23 Mar 2015 | 10:12 AM ET

    Bank of America Corp. fell$. 07 or. 4 percent, to $15.77. Citigroup Inc. fell$. 28 or. 5 percent, to $52.70. Goldman Sachs rose$. 50 or. 3 percent, to $193.63.

  • LONDON, March 23- The dollar resumed its fall on Monday after its steepest weekly drop in 3-1/ 2 years, as comments by a top Federal Reserve official added to last week's dovish policy message. The dollar's fall helped copper and gold prices to firm while European shares dipped, giving back some of last week's strong gains, and U.S. futures pointed to a flat start on...

  • March 23- Ocwen Financial Corp refuted allegations of poor mortgage-servicing practices and said on Monday that it had sent a letter to trustees of 119 mortgage pools, arguing that it should not be removed as a servicer. Investors including BlackRock Inc and Metlife Inc sent a notice to Ocwen and the trustees in January, alleging improper loan modification...