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US bank earnings decline 7.7 percent in first quarter

...S. banks, they accounted for about 82 percent of industry earnings.Those banks include Bank of America Corp., Citigroup Inc., JPMorgan Chase & Co. and Wells Fargo & Co. Most of them have recovered with help from federal bailout money during...

http://chronicle.augusta.com/news/business/2014-05-28/us-bank-earnings-decline-7
Business news

Citigroup posts profit after using reservesNEW YORK --- Citigroup Inc. was profitable in the fourth quarter, but only after reaching into reserves that it no longer needed for loan losses. Revenues...

http://chronicle.augusta.com/news/business/biz-bits/2011-01-18/business-news
Biz Bits | Business
Biz Bits

Citigroup splits in two after losing billions NEW YORK --- Citigroup Inc. on Friday announced its latest attempt to become profitable again: Splitting the bank into two pieces. Citigroup -- after...

http://chronicle.augusta.com/stories/2009/01/17/bus_507945.shtml
Business
Business briefs

Citigroup deal dumps Phibro trading division NEW YORK --- Citigroup Inc. is removing one of the irritants in its relationship with the government, its Phibro commodities trading division that is paying...

http://chronicle.augusta.com/stories/2009/10/10/bus_551234.shtml
Business
Business news

Citigroup to pay $75 million in settlementWASHINGTON --- Banking titan Citigroup Inc. is paying $75 million to settle civil charges that it misled investors about its potential losses from subprime mortgages as...

http://chronicle.augusta.com/news/business/2010-07-29/business-news
Business
Business news

Citigroup restructures U.S. consumer finance NEW YORK --- Citigroup Inc. is closing 330 branches of its U.S. consumer finance business as part of a restructuring aimed at finding a buyer for the...

http://chronicle.augusta.com/news/business/2010-06-01/business-news
Business
Biz bits

Citigroup will reduce some mortgage bills NEW YORK - Citigroup Inc. said Tuesday that it will lower mortgage payments for some homeowners to an average of $500 a month for three months as part...

http://chronicle.augusta.com/stories/2009/03/04/bus_513450.shtml
Business
Citigroup may soon downsize

NEW YORK -- Citigroup Inc. is believed to be close to announcing a massive restructuring that likely will mean thousands of job cuts and a $1 billion drop...

http://chronicle.augusta.com/stories/1998/12/15/bus_247492.shtml
Business
Companies pay SEC fines over mutual funds

WASHINGTON - Citigroup Inc. and Putnam Investments will pay civil fines of $20 million and...National Association of Securities Dealers: http://www.nasd.com Citigroup Inc.: http://www.citigroup.com Putnam Investments: http...

http://chronicle.augusta.com/stories/2005/03/24/bus_448229.shtml
Business
Federal appeals court says NY judge went too far in blocking $285M Citigroup settlement

NEW YORK - A judge overstepped his authority when he blocked a $285 million settlement between Citigroup Inc. and government regulators over toxic mortgage securities, a federal appeals court panel said Wednesday.The 2nd U.S. Circuit...

http://chronicle.augusta.com/news/business/2014-06-04/federal-appeals-court-says