Topic: Citigroup Inc.
Top galleries, list articles, quizzes
-
World's five largest companies
For the first time in nearly a decade, the world’s five largest public companies are all American affair These are the Top 5, as of mid-April 2013.
-
Meet the nine richest self-made women
Forbes has released its annual billionaires list, and nestled among the usual suspects were women who have made or helped make their own fortunes, in industries ranging from television to real estate to clothing. These are the nine richest self-made women on Forbes 2013 Billionaires List.
-
Five brokers' secrets you should know before trading online
Over 17 million investors with the three largest online brokerages – Schwab, E-trade, and TD Ameritrade – are paying more than $1.8 billion every year on trading fees and brokerage services that most of them don’t need, according to a recent NerdWallet study. Here are five brokerage secrets you should know before trading online:
-
Five ways big banks' Libor scandal affects you
London, this year's host of the Olympics, is also home to a bank scandal that threatens to rock the financial world as much as the Games influence the world of sports. Here's why: Libor (London Interbank Offered Rate) is a global benchmark for interest rates that reaches deep into the international financial system. Allegations that banks rigged those rates means that everyone from mortgage-holders and indebted students to cities and mutual funds may have had their interest rates unnaturally altered. Already tainted by other scandals, banks are under investigation because of charges that they profited illegally from their rate-rigging scheme. The mess further taints big banks and puts more strain on the credibility of the global financial system. Here are five ways the Libor scandal could affect you:
-
Baseball fans: Take a quick tour of all 30 major league ballparks
Authors Josh Pahigian and Kevin O’Connell explore America's major league ballparks in "The Ultimate Baseball Road."
All Content
-
Dow loses 313 in post-election sell-off
Stocks plummeted during Wall Street's first day of trading after President Obama's reelection. Stocks also spiraled downward in the days after Obama's first victory.
-
Major natural gas find by Saudis. A shift ahead?
Saudi Arabia has every incentive to develop its new natural gas discovery in the Red Sea. If it doesn't, it could become an oil importer in the decades ahead.
-
Microsoft earnings: a miss. Its new era? Unclear.
Missing profit expectations, Microsoft looks to Oct. 26 launch of Windows 8. But skepticism is growing that Microsoft's 'new era' will propel slumping PC sales.
-
Robert Reich How Obama can defeat Romney: Break up the big banks.
President Barack Obama should counter Mitt Romney’s extraordinary solicitude toward Wall Street with a proposal to cap the size of the nation’s biggest banks, Reich writes.
-
High earnings, low inflation propel stocks upward
Low inflation and decent earnings reports sent stocks upward Tuesday. Stocks in nine out of 10 industry groups in the S&P 500 index rose.
-
Suddenly, Vikram Pandit is out as Citigroup CEO
Citigroup offers no explanation for shakeup, which besides Pandit includes chief operating officer Havens. Citigroup's Europe chief Michael Corbat is replacing Pandit.
-
Stocks higher after retail sales improve
A strong gain in retail spending sent stocks upward Monday. A positive earnings report from Citigroup was responsible for a broad rise in bank stocks.
-
Stocks flatline, pulled by jobless claims, Europe
Stocks fell stagnant Thursday with little significant activity up or down. Stocks rose in the morning after a positive jobless claims report but fell in the afternoon.
-
Saving Money Major banks settle with homeowners. Are you entitled?
If your home loan is serviced by one of the five major lenders – including Bank of America and Wells Fargo – you may be entitled to a share of one of the largest civil settlements in history.
-
Robert Reich Presidential debate: the questions they should (but won't) ask Obama, Romney
What would happen if Robert Reich moderated a presidential debate between Barack Obama and Mitt Romney? Reich offers his thoughts on what questions Romney and Obama should be asked in Wednesday's presidential debate.
-
Kraft spinoff splits food giant in two
Kraft spinoff of its global snack operation will mean that brands including Oreo and Nabisco will be under a new label called Mondelez International Inc. The North American grocery division will carry the Kraft name after the Kraft spinoff and include Velveeta, Miracle Whip and Oscar Mayer.
-
Clues about who's behind recent cyber attacks on US banks
A Middle Eastern hacktivist group appeared to claim responsibility for massive denial-of-service cyber attacks on websites of six US banks. Some experts now say that claim is a 'false flag' to divert attention from the real attackers.
-
US bank websites blocked by hackers
US bank websites of at least half a dozen large institutions have experienced surges and disruption of traffic over the past week. Islamists claim responsibility for blocking US bank websites, but analysts are skeptical.
-
Five ways big banks' Libor scandal affects you
London, this year's host of the Olympics, is also home to a bank scandal that threatens to rock the financial world as much as the Games influence the world of sports. Here's why: Libor (London Interbank Offered Rate) is a global benchmark for interest rates that reaches deep into the international financial system. Allegations that banks rigged those rates means that everyone from mortgage-holders and indebted students to cities and mutual funds may have had their interest rates unnaturally altered. Already tainted by other scandals, banks are under investigation because of charges that they profited illegally from their rate-rigging scheme. The mess further taints big banks and puts more strain on the credibility of the global financial system. Here are five ways the Libor scandal could affect you:
-
Energy Voices Romney energy plan: pro-drilling, anti-regulation, and mum on climate change
Romney energy plan wants to open federal lands to drill onshore and US waters to drill offshore, but gives short shrift to renewable energy and ignores fuel efficiency, carbon-dioxide emissions, and climate change. Part 1 of a three-part series on the Romney energy plan.
-
The Monitor's View: Why bike sharing will make cities friendlier
New York and Chicago launch bike-sharing programs next spring, a big jump for creating a cycling culture in American cities. Life for urban dwellers will be better. Here's why.
-
Stocks rise in anticipation of Fed meeting
Investors hope an upcoming Federal Reserve meeting will lead to a jump in stock prices. The average of 30 large company stocks has already gained 1.8 percent to start September, a month which is usually dismal for stocks.
-
Federal Deposit Insurance Corporation: Bank profits up from 2011
Federal Deposit Insurance Corporation (FDIC) said Tuesday that the banking industry earned $34.5 billion in the second quarter, up from $28.5 billion in the second quarter of 2011. Banks were also less cautious about lending, though earnings growth remained 'sluggish' according to the Federal Deposit Insurance Corporation.
-
More telltale signs of cyber spying and cyber attacks arise in Middle East (+video)
A Saudi energy company has lately confirmed that its computer networks were targeted by a cyberattack. But perhaps more important is the discovery of Gauss, malware believed to be related to the Stuxnet worm that attacked Iran's nuclear centrifuges in 2009.
-
Companies paid CEOs more than they paid in taxes
In all, 26 companies paid their CEOs more in 2011 than they paid in 2011 federal taxes. A new study says Citigroup, Abbott Labs, and AT&T, among others, paid CEOs more than they gave to Uncle Sam.
-
Wells Fargo settlement for risky investments: $6.6 million
Wells Fargo settlement doesn't include admitting wrongdoing. Before the Wells Fargo settlement, the Securities and Exchange Commission had charged that its brokerage unit had improperly sold high-risk investments to cities and towns.
-
Chinese economy slows sharply. Stimulus ahead?
China's export growth plunges to 1 percent in July. Factory output, car and retail sales also decline more than expected.
-
E*Trade fires CEO as customers flee stocks
E*Trade appoints chairman as interim CEO while it looks for a replacement. E*Trade shares have fallen 27 percent in the past year.
-
The Monitor's View: When half of India loses electricity, time for lessons on going local
India's electricity grid went out for 600 million people Tuesday. The historic blackout shows how nations must reconsider big, complex infrastructure like centralized electric utilities.
-
Robert Reich Big bank engineer rejects big banks. Will Obama and Romney follow?
Sandy Weill, who was instrumental in Wall Street banks becoming "too big to fail," has come out in favor of breaking up the big banks. Will one of the presidential candidates take up Weill's proposal?
Previous
Become part of the Monitor community