Kentucky homeowners dropped a possible class action suit in which Citigroup Inc. and Ally Financial Inc. units were accused of conspiring with Mortgage Electronic Registration Systems Inc. to falsely foreclose on loans.

Tagged with: Ally Financial Inc. Citigroup Inc. foreclosure Mortgage Electronic Registration Systems Inc.

Goldman Sachs Group Inc. won the biggest share of the $923 million in fees from U.S. initial public offerings this year, while Citigroup Inc. fell out of the top five after its revenue plummeted more than 50 percent. Goldman Sachs ...

Tagged with: Citigroup Inc. Goldman Sachs IPO

One day last week, Mr. Market stumbled out of bed, downed a double espresso and learned that Vikram Pandit had said that his bank, Citigroup Inc., was having its best quarter since 2007. “Right,” said Mr. Market, reaching into his ...

Tagged with: Add new tag Citigroup Inc. George A. Akerlof MSCI World Robert J. Shiller Standard & Poor Vikram Pandit

Citigroup Inc., JPMorgan Chase & Co., Bank of America Corp., Morgan Stanley and Wells Fargo & Co. agreed to suspend foreclosures while the Obama administration crafts a housing plan to modify mortgages for troubled borrowers. Citigroup will halt foreclosures through ...

Tagged with: Bank of America Corp. Barack Obama Barney Frank Citigroup Inc. foreclosure housing plan Jamie Dimon JPMorgan Chase & Co. Morgan Stanley mortgage Timothy Geithner Troubled Asset Relief Program Wells Fargo & Co.

The U.S. Treasury, under pressure to revive lending, is demanding monthly reports from the banks that received the most capital from the government’s $700 billion rescue program. Neel Kashkari, the official who administers the Troubled Asset Relief Program, wrote to ...

Tagged with: bank Bank of America Barack Obama Citigroup Inc. Henry Paulson Michael Hanretta Neel Kashkari treasury Troubled Asset Relief Program