All Posts Tagged With: "citigroup"
FINRA Fines Citigroup (NYSE: C), Goldman Sachs (NYSE: GS), JPMorgan Chase (NYSE: JPM) and Others Over Muni Pay to Play
The Financial Regulatory Authority (FINRA) has fined some of the nations largest banks over municipal bond lobbying costs. The fines are applied to Citigroup (NYSE: C), Goldman Sachs (NYSE: GS), JPMorgan Chase & Co. (NYSE: JPM), and others connected to state and local bonds and lobbying connected to them. In total, the five firms fined [...]
Deutsche Bank (NYSE: DB) CEO Predicts Mergers in European Banking Sector
For the past four years, too big to fail has been a rallying cry for market observors who feel banks simply became too big. Despite this, it seems many European banks are striving to get bigger again. In the mid 1990’s, the banking sector in the United States actively lobbied Congress to repeal the Glass [...]
DZ Bank Sues Citigroup (NYSE: C) and Royal Bank of Scotland (NYSE: RBS) Over Mortgage Securities
The lawsuits keep coming for the largest banks. Citigroup (NYSE: C), and Royal Bank of Scotland (NYSE: RBS) are facing new separate lawsuits, accused of fraud in the sale of a total of $845 million in mortgage securities. DZ Bank AG sued Citigroup and RBS, while HSH Nordbank AG sued UBS and RBS, according to [...]
Goldman Sachs (NYSE: GS) Exec Headed to Citigroup (NYSE: C)
As Citigroup (NYSE: C) continues to reinvent itself, growing in the investment banking arena is one of their targeted growth areas. While the firm has suffered a brain drain in recent years, with execs departing for often smaller, more investment banking centric organizations, they have now added to their stable of seasoned veterans by poaching [...]
Citigroup (NYSE: C), Goldman Sachs (NYSE: GS) Planning Some Office Closures Amidst Hurricane
Citigroup (NYSE: C) and Goldman Sachs (NYSE: GS) are reportedly closing some of their New York offices ahead of Hurricane Sandy, set to come on shore in the next 24 hours. The banks have offices in some of the riskiest areas of the city, so will need to leverage alternate plans to maintain normal business operations. [...]
Citigroup (NYSE: C) Appoints Sam Itzcovitz as Global Head of Clearing and Financial Institutions Payments
Citigroup (NYSE: C) continues to shuffle it’s management team, promoting staff and attracting new personnell to deal with the bevy of challenges and opportunities confronting the firm. The most recent change is the appointment of Samuel Itzcovitz to be the Global Head of Clearing and Financial Institutions Payments for Citi Transaction Services. In this role, [...]
Subpoenaes for Citigroup (NYSE: C) and Goldman Sachs (NYSE: GS) Over Facebook IPO
Issues continue to surround the Facebook IPO listed earlier this year. In the immediate aftermath of one of the most hyped IPO’s of all time, investors were left frustrated and angry, seeing the stock price fall and then hearing rumors of institutional investors getting word in advance of falling forecasts. Litigation has begun to emerge, [...]
Warren Buffett Likes Bank of America (NYSE: BAC), Wells Fargo (NYSE: WFC), Citigroup (NYSE: C), JPMorgan Chase (NYSE:JPM), and Others
Warren Buffet likes bank stocks – something that the rest of the investing community should take notice of. In a recent interview with CNBC, the legendary investor shared some of his thoughts on the financial markets today, and what he’s been buying lately. True to form, Buffett is continuing his trend to ‘buy straw hats [...]
Obama’s Jobs Council Should Practice What They Preach
President Obama organized a job council that the administration will ask for advice on solving the country’s unemployment problem. But five of the largest companies in the council are focused more on their overseas operations for growth. The companies that rely on foreign revenues for most of their sales are General Electric, Intel, Citigroup, DuPont, [...]
A news article that states a "recent survey" supports this ILLEGAL Alien Amnesty, but does not SITE are state which ...
Anyone care to comment on what growth rate must be sustained to justify the current PE? Or compare CVLT ...
Deutsche Bank has a $8 price target on a $14 stock but calls it a HOLD? Does anyone else see ...