Citigroup Said to Pay $75 Million in Subprime Case The New York Times | Citigroup has agreed to pay $75 million to settle federal claims that it failed to disclose vast holdings of subprime mortgage investments that crippled the bank during the financial crisis, according to two people briefed on the settlement. Add to Portfolio | Citigroup Inc | Go to your Portfolio ...
Citigroup paying $75M to settle civil charges Herald Tribune | WASHINGTON - Banking titan Citigroup Inc. is paying $75 million to settle civil charges that it misled investors about its potential losses from subprime mortgages as the housing bust hit in 2007. | The Securities and Exchange Commission announced the settlement with Citigroup on Thursday. It said...
Citigroup pays $75m sub-prime fine Money Week | American bank Citigroup is paying a $75m (£48m) fine to settle charges that it misled investors over their exposure to sub-prime mortgages. | The deal with the US Securities and Exchange Commission (SEC) came about because Citi claimed exposure in...
Citigroup fined $75m for misleading investors over sub-prime assets The Guardian Citigroup made a $7bn profit for the first half of this year. Photograph: Bloomberg/Getty Images | The US bank Citigroup is to pay a $75m (£48m) fine for hiding $40bn of sub-prime mortgage exposure from shareholders during the months leading up to t...
Citigroup settling civil charges Tulsa World WASHINGTON — Bank- ing titan Citigroup Inc. is paying $75 million to settle civil charges that it misled investors about its potential losses from subprime mortgages as the housing bust hit in 2007. | The Securities and Exchange Commission anno...
Creative Commons / Ian Muttoo
Citigroup Sells Private Equity Unit-Report ABC News | July 7, 2010 | NEW YORK (Reuters) - Citigroup Inc has agreed to sell its private equity unit to Lexington Partners for more than $900 million, PE Hub said on Wednesday, citing mu...
Citigroup weighs moving proprietary traders DNA India | NEW YORK: Citigroup Inc is weighing moving about two dozen proprietary traders to desks that trade with clients as some banks try to find new positions for star traders amid fina...
Treasury gets $10.5B from Citigroup share sales Herald Tribune | WASHINGTON - The Treasury Department said Thursday it has raised $10.5 billion from the sale of a total of 2.6 billion shares of Citigroup stock it received as part of the govern...
Citigroup paying $75 million to settle fraud charges The Times Of India WASHINGTON: Banking titan Citigroup Inc. is paying $75 million to settle civil charges that it misled investors about its potential losses from subprime mortgages as the housing bust hit in 2007. | The Securities and Exchange Commission announced the...
Citigroup Said to Pay $75 Million in Subprime Case The New York Times | Citigroup has agreed to pay $75 million to settle federal claims that it failed to disclose vast holdings of subprime mortgage investments that crippled the bank during the financial crisis, according to two people briefed on the settlement. Add to...
Citigroup paying USD 75 million to settle fraud charges Deccan Herald Washington, Jul 29, (AP): | Banking titan Citigroup Inc is paying USD 75 million to settle civil charges that it misled investors about its potential losses from subprime mortgages as the housing bust hit in 2007. | The Securities and Exchange Commis...
Union Bank hikes deposit rates by up to 1%; BPLR up 0.5% The Times Of India MUMBAI: Taking a cue from the Reserve Bank's monetary policy actions, leading public sector lender Union Bank of India today hiked its lending and deposit rates effective from August 4. | The bank has increased its deposit rates by 0.25-1 per cent across various maturities. It has also upped the Benchmark Prime Lending Rates (BPLR) by 0.5 per cent ...
ICICI Bank profit up 17 percent on better loans Newsvine | MUMBAI — ICICI Bank, India's largest private sector bank, said quarterly profit rose 17 percent as it cut costs and eliminated bad loans amid revived credit demand in India's growing economy. | Net profit in the quarter ended June 30 was 10.3 billion rupees ($221 million), roughly in line with expectations, up from 8.78 billion rupees ($189...
