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Sub-prime crisis in the US has taken its toll in the markets around the world. Several top American firms are facing some tough times. CEOs are bearing the brunt of investor’s ire. One such man Charles Prince - Citigroup’s top man who resigned on...
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AP, New York
Wells Fargo plans to complete its purchase of Wachovia, after rival suitor Citigroup broke off talks with Wells Fargo and federal regulators Thursday but vowed to have...
made popular Oct 10 2008
AP, New York
Citigroup says it has ended negotiations with Wells Fargo in their fight to acquire Wachovia.
made popular Oct 9 2008
AP, New York
Federal officials continued their fervent quest Wednesday to reach an agreement between Citigroup and Wells Fargo over the fate of Wachovia Corp. _ which could include...
made popular Oct 8 2008
AP, New York
Citigroup and Wells Fargo have agreed to extend their legal standstill in the fight for Wachovia until Friday morning.
made popular Oct 8 2008
AP, New York
Citigroup Inc. said Monday it has filed a complaint in New York Supreme Court against Wachovia, Wells Fargo and the directors of both companies seeking more than $60...
made popular Oct 6 2008
AP, San Francisco
Wells Fargo says it is acquiring Wachovia in an all-stock transaction worth about $15.1 billion, as Wachovia ends talks with rival suitor Citigroup.
made popular Oct 3 2008
AP, New York
Stocks are opening sharply lower ahead of a planned House vote on an unpopular $700 billion plan to rescue troubled financial companies. Investors are also looking over...
made popular Sep 29 2008
AP, New York
Stock futures are paring some of their losses on word that Citigroup Inc. will acquire Wachovia Corp.’s banking operations.
made popular Sep 29 2008
AP, New York
The government says Citigroup will acquire the banking operations of Wachovia in a deal facilitated by the Federal Deposit Insurance Corp.
made popular Sep 29 2008
More than 20 years after the world’s leading banks opened outlets in China, a group of foreign banks has started providing local-currency retail services in China...
made popular Sep 10 2008
AP, New York
Citigroup Inc. will pay nearly $18 million in refunds and settlement charges for taking $14 million from customers’ credit card accounts, California’s...
made popular Aug 26 2008
AP, New York
Swiss banking giant UBS AG agreed Friday to buy back nearly $20 billion in auction-rate securities from investors, a day after Citigroup Inc. reached a similar...
made popular Aug 8 2008
AP, Washington
Citigroup Inc. will buy back more than $7 billion in auction-rate securities and pay $100 million in fines as part of settlements with federal and state regulators...
made popular Aug 7 2008
AP, Albany
New York Attorney General Andrew Cuomo says he’s reached a settlement worth more than $7 billion with Citigroup that requires the company to buy back auction-rate...
made popular Aug 7 2008
AP, New York
New York Attorney General Andrew Cuomo on Friday said he is prepared to charge Citigroup Inc. with fraudulent sales of auction-rate securities, and with the destruction...
made popular Aug 1 2008
AP, Albany
New York Attorney General Andrew Cuomo says he is prepared to charge two units of Citigroup with fraudulent marketing and sales of auction-rate securities and with the...
made popular Aug 1 2008
AP, New York
Citigroup Inc. says the Securities and Exchange Commission and other regulators have subpoenaed information from the bank about the sale of its auction rate...
made popular Aug 1 2008
AP, New York
Treasury prices declined for a third straight session Friday after Citigroup Inc.’s second-quarter report eased investor concern about credit market...
made popular Jul 18 2008
AP, New York
Wall Street edged lower Friday as disappointing earnings from technology companies like Google Inc. and Microsoft Corp. offset upbeat results from Citigroup Inc.Stocks...
made popular Jul 18 2008
AP, New York
Wall Street turned mixed Friday as financial stocks rose in response to Citigroup’s upbeat results and tech stocks fell on disappointing earnings at Google Inc....
made popular Jul 18 2008
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Citigroup Incorporation might still retain the dignity of being the largest financial institution in the United States of America but, there’s little doubt that...
made popular Nov 5 2007
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Business Citi Eurpoe Citigroup retirement compensation Robert E. Rubin Stan O'Neal Sub-prime crisis 