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Citigroup Inc

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  • Final Glance: Banks companies Monday, 23 Feb 2015 | 6:04 PM ET

    Bank of America Corp. fell$. 18 or 1.1 percent, to $16.20. Citigroup Inc. fell$. 46 or. 9 percent, to $51.32. Goldman Sachs fell $1.20 or. 6 percent, to $190.31.

  • Last year, Citigroup Inc agreed to pay $7 billion to resolve claims it misled investors about shoddy mortgage-backed securities in the run-up to the financial crisis. JPMorgan Chase& Co also reached a $13 billion agreement with the regulator to settle similar government agency investigations, while Bank of America Corp settled mortgage probe with U.S....

  • Midday Glance: Banks companies Monday, 23 Feb 2015 | 1:20 PM ET

    Bank of America Corp. fell$. 23 or 1.4 percent, to $16.16. Citigroup Inc. fell$. 78 or 1.5 percent, to $51.00. Goldman Sachs fell $1.66 or. 9 percent, to $189.85.

  • Goldman raises top end of legal loss estimate to $3B Monday, 23 Feb 2015 | 10:57 AM ET
    Traders work at the Goldman Sachs booth on the floor of the New York Stock Exchange.

    Goldman Sachs has raised the top end of its estimate of "reasonably possible" legal losses to about $3 billion from $2.5 billion.

  • Early Glance: Banks companies Monday, 23 Feb 2015 | 10:40 AM ET

    Bank of America Corp. fell$. 19 or 1.1 percent, to $16.20. Citigroup Inc. fell$. 76 or 1.5 percent, to $51.02. Goldman Sachs fell $1.90 or 1.0 percent, to $189.62.

  • BUENOS AIRES, Feb 23- Debt-holders who want to jumpstart restructuring talks with Argentina may have to wait until a court rules next month on whether to let a disputed bond payment go through, further extending a legal feud that has hobbled state finances. The case stems from Argentina's 2002 default on about $100 billion, which has weighed on Latin America's No....

  • Feb 23- AAR Corp said it would sell its cargo handling business, Telair Cargo Group, to TransDigm Group Inc for $725 million in cash to focus on its aviation services business. AAR said the quarter would include an impairment charge of about $40 million related to the discontinuation of the precision systems business. Citi is AAR's financial adviser and Winston&...

  • Feb 23- Goldman Sachs Group Inc has raised the top end of its estimate of "reasonably possible" legal losses to about $3 billion from $2.5 billion. The estimate accounts for potential losses apart from what is already set aside in reserves, the bank said in a quarterly regulatory filing on Monday. In November, UK and U.S. regulators fined six banks, including JPMorgan...

  • Early movers: GS, AAPL, DG, DISH, HMC & more Monday, 23 Feb 2015 | 7:41 AM ET
    Traders work on the floor of the New York Stock Exchange, Feb. 20, 2015.

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

  • The bank is making it harder for brokers to take some of their clients with them when they leave Merrill Lynch- specifically, clients that were referred to the broker by a Bank of America branch. The original 2004 signers were Merrill Lynch, UBS AG and Smith Barney, then part of Citigroup Inc, and more than 1,200 brokerages have since signed onto the pact known among...

  • Feb 20- Manuel Medina-Mora, who helped build up Citigroup Inc's Mexico business only to see it run into trouble after he stopped managing it day-to-day, will retire in June, the bank said on Friday. Medina-Mora, who heads global consumer banking at Citigroup, was expected to retire before his 65th birthday in August, people familiar with the matter said.

  • FRANKFURT/ NEW YORK, Feb 20- Relatives of U.S. soldiers killed and wounded in a 1983 Beirut bombing have been barred by a U.S. judge from seeking $1.6 billion in assets belonging to Iran's central bank and held by a unit of German exchange operator Deutsche Boerse. District Judge Katherine Forrest in New York said in a decision released on Friday that they could not...

  • Final Glance: Banks companies Friday, 20 Feb 2015 | 6:00 PM ET

    Bank of America Corp. rose$. 17 or 1.0 percent, to $16.38. Citigroup Inc. rose$. 66 or 1.3 percent, to $51.78. Goldman Sachs rose $2.40 or 1.3 percent, to $191.51.

  • BUSINESS-NEWS-SCHEDULE AT 1930 GMT / 2:30 p.m. ET Friday, 20 Feb 2015 | 3:01 PM ET

    No deal yet in U.S. West Coast port dispute. SAN FRANCISCO- Shipping executives and union leaders for dockworkers at 29 U.S. West Coast ports remain locked in a dispute as talks, brokered by the U.S. labor secretary, head into a fourth straight day. WASHINGTON- The Obama administration says it will create a special enrollment period for tax filers who were unaware...

  • Most active New York Stock Exchange-traded stocks Friday, 20 Feb 2015 | 1:36 PM ET

    NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. AT&T Inc. was unchanged at $34.08 with 20,992,900 shares traded. Bank of America Corp. rose 1.0 percent to $16.38 with 88,666,000 shares traded.

  • Midday Glance: Banks companies Friday, 20 Feb 2015 | 1:36 PM ET

    Bank of America Corp. rose$. 07 or. 5 percent, to $16.28. Citigroup Inc. rose$. 25 or. 5 percent, to $51.37. Goldman Sachs rose$. 30 or. 2 percent, to $189.41.

  • NEW YORK— Santander Bank has agreed to stop a policy that often kept poor and low-income people from opening new checking or savings accounts, the bank and New York Attorney General Eric Schneiderman said Friday. Santander becomes the third bank after Capital One and Citibank to agree to do away with such policies in an effort to accommodate millions of...

  • Cowen values Instagram at $33B—here's why Friday, 20 Feb 2015 | 1:02 PM ET
    People are silhouetted against the Instagram logo at Facebook headquarters in Menlo Park, Calif.

    Here's why Cowen's valuation of Instagram is at $33 billion, according to one of its analysts.

  • Bullish traders causing 'Ruckus' in this stock Friday, 20 Feb 2015 | 12:17 PM ET

    "Halftime Report" trader Jon Najarian spied some interesting action in the options pits on this Wi-Fi play.

  • FRANKFURT/ NEW YORK, Feb 20- A U.S. judge has dismissed a lawsuit tied to the 1983 Beirut bombing that seeks $1.6 billion in assets belonging to Iran's central bank and held by a unit of German exchange operator Deutsche Boerse, the German company said Friday. In another case in 2013, Clearstream Banking SA, the clearing unit for Deutsche Boerse AG, agreed to transfer...