Topic: Citigroup Inc.
WASHINGTON (Reuters) - Some large U.S. banks would have stronger capital bases to better deal with today's market stresses had regulators not relaxed bailout repayment criteria in late 2009, a new government audit showed on Friday.Bank of America Citigroup , Wells Fargo ...
NEW YORK (Reuters) - Citigroup Inc granted more than 18 million stock options to 15 senior executives, an award that could handsomely increase their compensation if the slowly recovering bank's share price rises.The third-largest U.S. bank, which took $45 billion in U.S. ...
(Reuters) - Citigroup started coverage of U.S. healthcare technology providers on a positive note, saying the industry represents one of the best long-term growth opportunities across sectors, supported by strong fundamentals and increased spending by hospitals.According to a survey across 40 hospitals, ...
Latest Treasury figures show income from financial rescue program rising to $35 billionThe government's heavily criticized $700 billion financial rescue program has earned nearly $35 billion in income over the past two years, according to data obtained by The Associated Press.The data ...
UBS) reported a $7 billion loss for the fourth quarter, bringing its full-year 2008 losses to $17 billion. UBS, which lost about $80 billion in market cap - from $116 billion to $35 billion - within the last year, is certainly among ...
Almost two years ago, the political class was in a tizzy, claiming that if the Congress and the President did not immediately pass the massive TARP program to bailout out the country's financial institutions, the entire world banking and economic system would ...
The losses continued, despite economic assurances from Citi CEO Vikram Pandit, and continued statements about government commitment to the banking system by Bernanke, Treasury Secretary Tim Geithner, and President Obama. Bernanke has been somewhat less guarded than Geithner in statements relating to ...
C) is trading above the $4 mark once again, after recently beating earnings estimates reporting income of 2.2 billion or .07 cents a share, which is interesting given Citigroup was recently mentioned, along with Bank of America (NYSE: The company was also ...
Novellus Systems, Inc. (NVLS) Q3 2010 Earnings Call October 29, 2010 4:30 pm ET. Today's earnings call contains forward-looking statements about Novellus' business outlook, the future performance of Novellus and our products and forecast of key metrics for the fourth quarter of ...
The government said Wednesday it is starting to sell $2.2 billion in trust preferred shares that it holds in Citigroup, another move to recoup the costs incurred in the $700 billion financial bailout. The $2.2 billion in trust preferred shares were received ...