BP plc (NYSE: BP) got two piece of news today, one much better than the other.
Posts Tagged citigroup-inc-
Updated throughout the day. The Qatar Investment Authority may take a large position in Citigroup Inc.
This was lawsuit was filed on March 15th. Here are some details from the bank and see Morgenson’s story in the NY Times for more ..
If the rumor mill is accurate, it seems that Citigroup Inc. (NYSE: C) may get to beat Wells Fargo & Co.
From the WSJ: Soured Loans Put Lenders on the Hook As home loans sour at a rapid clip, mortgage finance giants Fannie Mae and Freddie Mac are aggressively bouncing back defectively underwritten loans to lenders. The result: higher loan-loss reserves for the lenders and new headwind for banks trying to escape the housing downturn
Dubai Default
Nov 26
No one saw this coming … From Bloomberg: Dubai Debt Delay Rattles Confidence in Gulf Borrowers Dubai is shaking investor confidence across the Persian Gulf after its proposal to delay debt payments risked triggering the biggest sovereign default since Argentina in 2001. ..
Citigroup Inc. (NYSE: C) is announcing some key management changes. While this is not a CEO change as many expect to ultimately see, this is still a rather large shake-up and is very similar to shaking up the tree. CEO Vikram Pandit is announcing several senior management changes. The company is getting a new CFO [[ This is a content summary only
The Obama administration will announce this week that several large banks will be approved to repay TARP funds. Some of the rumored banks are J.P.
From Bloomberg: FASB Rule Will Force Banks to Move Assets Onto Books Citigroup Inc. and JPMorgan Chase & Co
