•  
  •  
Citigroup agrees to $7 billion settlement over mortgages

WASHINGTON - Citigroup agreed Monday to pay $7 billion to...settlement, which represents about half of Citigroup's $13.7 billion profit last year...the end of 2007. Banks, including Citigroup, minimized the risks of subprime mortgages...

http://chronicle.augusta.com/news/business/2014-07-14/distancing-itself-financia
Justice Department preparing to sue Citigroup

...to pay less than $4 billion to settle the investigation, a sum substantially less than what the department is demanding.Citigroup spokesman Mark Costiglio declined to comment Friday.The government has pursued other large banks for their conduct in sales...

http://chronicle.augusta.com/news/business/2014-06-13/justice-department-prepari
Clippers CEO says coach Doc Rivers will quit if Donald Sterling stays

...think they would be able to work for Sterling under the circumstances.Parsons is a former chief executive at Time Warner and Citigroup who took over leadership of the Clippers in May during the media blitz surrounding the banishment of Sterling.Under questioning...

http://chronicle.augusta.com/sports/nba/2014-07-22/clippers-ceo-says-coach-doc-r
Federal appeals court says NY judge went too far in blocking $285M Citigroup settlement

...blocked a $285 million settlement between Citigroup Inc. and government regulators over...The settlement between the SEC and Citigroup came after the commission accused the...these standards." Both the SEC and Citigroup appealed.Rakoff criticized the deal...

http://chronicle.augusta.com/news/business/2014-06-04/federal-appeals-court-says
Federal Reserve bars Citigroup, 4 other big banks from raising dividends and buying back stock

WASHINGTON - Citigroup cannot raise its dividend or buy back...The Fed said that the capital plans of Citigroup fell short in some areas, including...health, he said in a statement.As with Citigroup, the Fed said it found deficiencies...

http://chronicle.augusta.com/news/business/2014-03-26/federal-reserve-bars-citig
NOTICE OF SALE UNDER POWER GEORGIA, RICHMOND COUNTY By virtue of a...

...Association, as Trustee, in trust for the registered holders of Citigroup Mortgage Loan Trust, Asset-Backed Pass-Through Certificates...ASSOCIATION, AS TRUSTEE, IN TRUST FOR THE REGISTERED HOLDERS OF CITIGROUP MORTGAGE LOAN TRUST, ASSET-BACKED PASS-THROUGH CERTIFICATES...

http://secure.adpay.com/clicknbuy.aspx?p=2150&adid=16370423
Bank of America takes $4 billion litigation hit

...Fannie Mae and Freddie Mac.However, unlike JPMorgan and Citigroup, Bank of America hasn't settled a federal investigation into its handling of risky subprime mortgages. Citigroup said on Monday that it had agreed to a $7 billion settlement...

http://chronicle.augusta.com/news/business/2014-07-16/bank-america-takes-4-billi
Citigroup's Jerome Byers works to improve small business status

...NEW YORK - When small-business owners hear the name Citigroup, they're more likely to think of a bank that caters...you get this done when Citi has been cutting staff? (Citigroup had 253,000 employees on June 30, down from 261...

http://chronicle.augusta.com/news/business/2013-09-11/citigroups-jerome-byers-wo
Biz Bits

...was up 10.8 percent from March.Citigroup's fires 11 in Mexico in fraud probeMEXICO CITY - Citigroup's Mexican bank subsidiary said Wednesday...services company that allegedly defrauded Citigroup of up to $400 million.Grupo Financiero...

http://chronicle.augusta.com/news/business/2014-05-14/biz-bits
Citigroup CEO Pandit and president resign in surprising shake-up

Vikram Pandit, who steered Citigroup through the 2008 financial crisis...The move shocked Wall Street, and Citigroup offered no explanation. There had...immediately by Michael Corbat, 52, a Citigroup lifer who had been CEO of its Europe...

http://chronicle.augusta.com/news/business/2012-10-17/citigroup-ceo-pandit-and-p