Displaying 398 results
Fairholme Fund dumps Goldman, Morgan Stanley while keeping BofA
Bruce Berkowitz, suffering from redemptions after loading the Fairholme Fund with financial stocks, sold his stakes in Goldman Sachs Group Inc. and Morgan Stanley while keeping Citigroup Inc. and Bank of America Corp.
Senator to Citi: Enough already with the tax forms for frequent-flier miles
Brown sends letter to Pandit telling bank to stop sending 1099s to customers who received miles for opening savings accounts; 'creating baseless fear'
Citi settles with Finra over alleged conflicts at its brokerage
Company failed to dislose business relations with companies covered in research notes, regulator says
‘Unpersuasive’ Citi must pay whopper of an award to former clients
Judge upholds Finra's earlier decision in muni bond fund dispute; ordered to pony up $54M
SEC appeals Rakoff’s rejection of $285M Citigroup settlement
The U.S. Securities and Exchange Commission appealed a federal judge's decision to reject its proposed $285 million settlement with Citigroup Inc.
U.S. muni-bond market is 28% larger than reported in June
The face value of outstanding municipal bonds was $3.7 trillion at the end of September, compared with the previous figure of $2.9 trillion at the end of June, the Fed said.
SEC may pursue out-of-court deals
The Securities and Exchange Commission appears likely to pursue more cases administratively as a result of a federal judge's decision last week to reject a $285 million settlement with Citigroup Inc.
Judge rejects Citigroup SEC mortgage securities accord
Citigroup Inc.'s $285 million settlement with the U.S. Securities and Exchange Commission over mortgage-backed securities was rejected by federal judge who said he hadn't been given enough facts to approve it.
Citi kitty for SEC settlement will need to get a lot bigger: Lawyers
Judge rejected initial $285M deal; money only place for 'any latitude'
Judge Dredd may scotch $285M Citi settlement: Attorney
Rakoff seems skeptical of deal with SEC; down this path before
MetLife removed from Citigroup’s top stock picks
MetLife Inc., the biggest U.S. life insurer, was removed from Citigroup Inc.'s list of top stock picks as new Chief Executive Officer Steven Kandarian reshuffles management and plans his strategy.
Wall Street wants something super from supercommittee: Pandit
Pandit says panel faces 'true moment of leadership for the U.S.; meanwhile, influential lawmaker says GOP could come around on taxes
Stressed BofA, Citi may have to rethink dividend plans
Fed's tougher capital tests could throw a spanner into the works for buybacks as well
‘Best short EVER!’ ends up costing Citigroup $285M
Citigroup Inc. has agreed to pay $285 million to settle federal allegations that its broker-dealer subsidiary misled investors about a complex $1 billion mortgage investment that the company was secretly betting would fail
Moody’s cuts ratings of BofA, Wells
Says banks probably no longer too big too fail; also lowers short-term rating on Citi
Schwab claims banks manipulated Libor
Eight Schwab mutual funds and related entities are the latest plaintiffs to sue a number of global banking…
Citi settles case over assistant who allegedly stole from elderly and ill
Former registered sales assistant accused of misappropriating $750K from 22 clients in Palo Alto office
Remember the titans: Wall Street elite got $1.2T in secret loans
Aristocracy of banking would have likely gone down the tubes without previously undisclosed Fed money; 'whopping numbers'
Ex-Citi VP charged with $19M heist in ‘ultimate inside job’
Former manager in treasury department accused of transferring money from bank to JPMorgan Chase; outraged
Finra orders Citigroup to pay $51M to muni fund investors
Citigroup Inc., the third-biggest U.S. bank, was ordered to pay more than $51 million to a group of investors in its MAT and ASTA municipal-bond hedge funds, which regulators began examining more than two years ago.
