Citigroup has agreed to pay $1.13 billion to settle claims by investors seeking that the lender buy back billions in residential mortgage-backed securities. The New York-based ..
Citigroup Inc. is warning investors it may miss a key profitability target after the Federal Reserve rejected the bank's capital plan last month, people familiar with the ..
James Oberweis runs the best-performing Chinese stock fund in America. Oberweis's benchmark fund ranks No. 1 in its peer group, delivering 24 percent annually over the past fi ..
Citigroup Inc said it would pay $1.12 billion to settle legacy securities and other claims and incur a related charge of $100 million in the first quarter. The bank reached th ..
Ford said that rusting could occur in vehicles used in high-corrosion environments, particularly those areas where salt was used on the roads to melt ice. The company also sai ..
A 2010 email written by Steven P. Jobs, which Samsung lawyers obtained as evidence to present to jurors, provides an outline that provides several tidbits about how Apple tick ..
General Motors, which has recalled 2.6 million cars for faulty ignition switches that caused air bags to deactivate, may also have a defect in air bags in 2003 to 2010 Chevrol ..
Huang Xingguo took a job as a cashier at a new Walmart store in his hometown in southern China for a steady paycheck and the prospect of upward mobility after a string of sale ..
U.S. stocks fell on Monday, putting the S&P 500 on track for its biggest three-day drop in two months, as investors rotated into defensive names to protect against further ..
It is cold comfort for Michael Corbat, but Citigroup's capital-return debacle at least provided one thing: a useful reminder of how sensitive banks remain to leverage, an ..