Citigroup raised $1.9 billion from the sale of Indias giant mortgage lender, slightly less than its best hopes, but a significant piece of new capital.
Search results for citi
Citi Raises $1.9B From Sale of Indian Mortgage Lender
Posted by mortgage 88 days ago (Editorial)
Citi to Pay $158 Million in Mortgage Settlement
Posted by mortgage 96 days ago (Editorial)
The bank?s mortgage unit accepted responsibility for certifying to the government that 30,000 risky home loans were worth insuring.
Citi Becomes Latest Bank to Cut Off Mortgage Brokers
Posted by mortgage 108 days ago (Editorial)
Citi put another nail in the coffin of the mortgage brokerage business: It will stop originating home loans through brokers.
BofA shares jump 7 pct., Citi keeps 'Buy' on stock
Posted by mortgage 127 days ago (Editorial)
After months of decline, shares of Bank of America Corp. jumped more than 7 percent Thursday to their highest level since November. A Citigroup analyst maintained his "Buy" recommendation on Bank of America. That may have helped the stock rise, but Citigroup also noted the financial risk facing the largest U.S. bank from an array of lawsuits related to its mortgage business and sales of
BofA shares jump 7 pct., Citi keeps 'Buy' on stock
Posted by mortgage 138 days ago (Editorial)
After months of decline, shares of Bank of America Corp. jumped more than 7 percent Thursday to their highest level since November. A Citigroup analyst maintained his "Buy" recommendation on Bank of America. That may have helped the stock rise, but Citigroup also noted the financial risk facing the largest U.S. bank from an array of lawsuits related to its mortgage business and sales of mortgage
Woori Bank says to sue Citi, Merrill, RBS over derivatives losses
Posted by mortgage 189 days ago (Editorial)
SEOUL : Woori Bank is preparing to sue Citigroup, Bank of America Merrill Lynch and Royal Bank of Scotland over losses on as much as $300 million in derivatives investments, a spokesman of the South Korean bank said, in the latest legal salvo against large banks that sold risky debt.
UPDATE 2-Woori Bank says to sue Citi, Merrill, RBS over derivatives losses
Posted by mortgage 189 days ago (Editorial)
* Woori biggest local casualty of U.S. subprime crisis * Was penalised by regulators in 2009 * No timeframe given for suit; location could be New York * Citi, Merrill, RBS have no comment (Adds details ...
The Zacks Analyst Blog Highlights: Citi Trends, The Goldman Sachs Group, M&T Bank, The Allstate Corporation and ...
Posted by mortgage 278 days ago (Editorial)
The Zacks Analyst Blog Highlights: Citi Trends, The Goldman Sachs Group, M&T Bank, The Allstate Corporation and Freddie Mac
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