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Citigroup Inc

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  • Today's Top Videos: Olympics, Citigroup & More... Thursday, 7 Aug 2008 | 6:01 PM ET

    AIG reports weak earnings and further write-downs, while GE says the Beijing Olympics will help boost the company's brand image. Following are today's top videos:

  • BofA Hit with Subpoenas over Auction-Rate Securities Thursday, 7 Aug 2008 | 5:54 PM ET
    Bank of America branch, New York City.

    Bank of America, the largest U.S. retail bank, said on Thursday it received subpoenas and requests for information relating to auction-rate securities from federal and state government agencies.

  • Merrill Will Be Next to Reach Securities Settlement Thursday, 7 Aug 2008 | 5:40 PM ET

    Merrill Lynch will follow Citigroup in cobbling together a settlement for clients who bought auction rate securities.

  • AIG, Wal-Mart Hurt Dow as Oil Tops $120 Thursday, 7 Aug 2008 | 4:50 PM ET

    Stocks ended near session lows as oil ended above $120 a barrel and two Dow components missed the Street's targets.

  • Citigroup Debt Accord May Spur Other Banks to Settle Thursday, 7 Aug 2008 | 12:42 PM ET
    Citibank

    Citigroup agreed to buy back more than $7 billion of illiquid auction-rate securities and pay a $100 million civil fine to settle charges it fraudulently misled investors about the debt's risk.

  • Short Interest in Financials on the Rise Thursday, 7 Aug 2008 | 12:24 PM ET

    Since hitting a low in mid-July, the S&P 500 Financials Sector is up nearly 30%.  This run up is putting a lot of pressure on short sellers, who have increased their short positions significantly in the past few months.

  • Stocks Pare Losses as Oil Retreats Wednesday, 6 Aug 2008 | 12:57 PM ET

    Stocks pared their losses Tuesday as a sharp rise in crude inventories sent oil prices lower, offsetting disappointment in Freddie Mac's results.

  • Banks Lead Decline After Freddie Results Wednesday, 6 Aug 2008 | 11:18 AM ET

    Stocks declined Tuesday, led by banks, after Freddie Mac posted a loss that was much wider than expected and announced plans to slash its dividend.

  • Stocks Open Lower as Banks Hit by Freddie Wednesday, 6 Aug 2008 | 10:46 AM ET

    Stocks failed to capitalize on the momentum of Tuesday's 330-point Dow rally, opening slightly lower Tuesday on disappointing earnings news and an uptick in oil prices.

  • Citi Talks With Regulators May Lead to Buybacks: WSJ Wednesday, 6 Aug 2008 | 8:34 AM ET
    Citibank

    Citigroup is in talks with state and federal regulators to resolve allegations of wrongdoing in the auction-rate-securities market that could result in its buying back several billion dollars of the illiquid securities, Wall Street Journal said.

  • Dow Movers: AIG, Boeing and P&G Tuesday, 5 Aug 2008 | 3:58 PM ET

    With minutes to go before the close, the Dow  is up over 300 led by AIG, Boeing, and P&G.

  • Today's Top Videos: Merrill Chief, CDOs & More Monday, 4 Aug 2008 | 6:29 PM ET

    Today on CNBC, Merrill Lynch CEO John Thain gave an exclusive interview, and the chairman of Rosen Real Estate Securities claimed that economic recession has only just begun. What follows are today's top videos:

  • As of this morning, 377 (just over 75%) of the S&P 500 companies have reported earnings. Here's a look at which companies have had the biggest surprises so far...

  • Video: Warning! Dow Sinking to 10,000 Monday, 4 Aug 2008 | 10:41 AM ET

    That sinking feeling: Kirby Daley, strategist at the Newedge Group, says the U.S. is in recession and he expects a 15 percent to 20 percent drop in the Dow -- in the near future.

  • Stocks Slip as Inflation, Bank Fears Persist Monday, 4 Aug 2008 | 9:54 AM ET

    Stocks opened modestly lower as economic indicators showed continuing inflation pressures and worries persisted over the state of the financial sector.

  • Market Looks to Fed for Insight on Inflation Sunday, 3 Aug 2008 | 3:05 PM ET

    The main event this week is the Fed meeting on Tuesday and investors will tune in to see if Bernanke & Co. offer any insight on inflation. Plus, more earnings, including Cisco, P&G and AIG.

  • Cramer Was Right Friday, 1 Aug 2008 | 6:28 PM ET

    And Ben Bernanke was wrong. A year later we look back to see whose strategy was best for this country.

  • Citigroup Faces Fraud Charges From New York AG Friday, 1 Aug 2008 | 3:27 PM ET

    Citigroup on Friday said the U.S. Securities and Exchange Commission has opened a formal probe into possible violations of federal securities laws in connection with the sale of auction-rate securities.

  • Trader Chatter: Time to Buy Equities! Friday, 1 Aug 2008 | 1:39 PM ET

    Forget capitulation -- it's time to buy equities! Arthur Cashin of UBS offers CNBC a sample of what traders are saying -- straight from the trading floor.

  • Ambac Shares Surge on Settlement with Citi Friday, 1 Aug 2008 | 11:03 AM ET

    Bond insurer Ambac Financial Group said on Friday it will pay $850 million to Citigroup in a settlement over risky derivatives that Ambac had insured.