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By Janet Levaux, AdvisorOne |
October 19, 2012
The heyday of volatility at the big banks could be replaced by a "boring" period, says SNL Financial's Nancy Bush.
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By Joyce Hanson, AdvisorOne |
October 15, 2012
Early reports for the finance sector’s third-quarter 2012 performance indicate that it is on track to best all other sectors, at overall profits of 11.8%, in what looks to be an otherwise lackluster earnings season.
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By Marlene Y. Satter, AdvisorOne, Joyce Hanson, AdvisorOne |
June 22, 2012
Fifteen banks in the U.S., U.K. and Europe with global capital markets operations saw their ratings cut by Moody’s, some by as many as three notches.
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By Pallavi Gogoi, AP Business Writer |
April 16, 2012
The bank said Monday that it made $2.9 billion in the first three months of the year, or 95 cents per share, which includes a $1.3 billion accounting charge that Citi took because the value of its debt increased.
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By Larry Neumeister, Associated Press |
March 16, 2012
A federal appeals court said Judge Rakoff likely overstepped his authority when he blocked the SEC's $285 million settlement with Citi over toxic mortgage securities.
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By Joyce Hanson, AdvisorOne |
March 13, 2012
Despite increased competition from around the globe, America is still on top, according to a research report commissioned by Citigroup, which shows that 10 of the top 30 cities worldwide are in the United States.
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By Joyce Hanson, AdvisorOne |
February 7, 2012
IGSignals is designed to help mutual fund investors actively manage risk rather than stick with their traditional buy-and-hold strategies, says Investment Guidance Solutions CEO Phil Lussier.
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By Marlene Y. Satter, AdvisorOne |
December 23, 2011
Milwaukee Judge Randa’s objections are reminiscent of Judge Rakoff’s criticisms of the SEC’s settlement with Citigroup. Indeed, Randa cited Rakoff in his filing.
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By Marlene Y. Satter, AdvisorOne |
November 29, 2011
Judge Jed S. Rakoff on Monday rejected a settlement negotiated between the SEC and Citigroup over a $1 billion mortgage fund and said that he could not determine whether the $285 million settlement was “fair, reasonable, adequate and in the public interest.”
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By Melanie Waddell, AdvisorOne |
October 19, 2011
The SEC charged Citigroup’s principal U.S. broker-dealer subsidiary with betting against clients who invested in the CDO as the housing market showed signs of distress.