Local News
... or earning less money. The banks will suffer as long as their customers do. Bank of America, JPMorgan Chase and Citigroup Inc. all reported they lost more money on loans during the second quarter. Bank of America alone set aside $13.4 billion ...
http://www.thecabin.net/stories/071809/loc_0718090012.shtml
Local News
... quarter of 2009 may turn out to be the best of the year. Citigroup Inc., JPMorgan Chase & Co., Goldman Sachs Group Inc ... winning week with a modest advance Friday as earnings from Citigroup Inc. and General Electric Co. came in ahead of the market ...
http://www.thecabin.net/stories/041909/bus_0419090001.shtml
Local News
NEW YORK (AP) Citigroup Inc. may need to raise as much as $10 billion to meet the government's increased capital standards for banks outlined in its stress ...
http://www.thecabin.net/stories/050309/bus_0503090009.shtml
Local News
WASHINGTON The U.S. government will exchange up to $25 billion in emergency bailout money it provided Citigroup Inc. for as much as a 36 percent equity stake in the struggling bank, greatly increasing the risks to taxpayers as voter unhappiness ...
http://www.thecabin.net/stories/022809/loc_0228090010.shtml
Local News
... Reserve said Bank of America Corp. needs $33.9 billion in capital; Wells Fargo & Co. needs $13.7 billion; and Citigroup Inc. needs $5.5 billion. But on JPMorgan Chase & Co.'s report card, the Fed wrote, "No need." It might as ...
http://www.thecabin.net/stories/050809/loc_0508090011.shtml
Local News
... government watchdog said Friday. The Government Accountability Office released a report that said Bank of America Inc., Citigroup Inc. and Morgan Stanley all had more than 100 units in countries that maintain low or no taxes. The three financial institutions ...
http://www.thecabin.net/stories/011709/loc_0117090015.shtml
Local News
... help stem the damage. Meanwhile, the major Wall Street indexes surged Monday on the government's plan to bail out Citigroup Inc., a move investors hope will help quiet some of the uncertainty hounding the financial sector and the overall economy ...
http://www.thecabin.net/stories/112608/loc_1126080004.shtml
Local News
... again. On Wall Street, talk of nationalization of Citigroup Inc., and Bank of America Corp., prompted investors ... of the two Wall Street giants, Bank of America and Citigroup Inc., have been under pressure all week as analysts speculated ...
http://www.thecabin.net/stories/022209/bus_0222090001.shtml
Local News
... Bank of America Corp. said Friday they are halting foreclosures through March 6. - Advertisement - New York-based Citigroup Inc. said its halt will extend until the administration has completed the details of the loan modification program or ...
http://www.thecabin.net/stories/021509/bus_0215090001.shtml
Local News
... billion bailout plan and the weakened economy's impact on financial stocks highlighted by the plunge in shares of Citigroup Inc. to below $4 a share. "You can almost hear people yelling, 'Get me out at any price,' " said Al Goodman, chief ...
http://www.thecabin.net/stories/112308/loc_1123080013.shtml