Quantcast

Posts Tagged ‘Citigroup’

Banks pledge $20 billion hike in lending to small business (access required)

Regions Bank, Wells Fargo and 11 other large banks have committed to increase lending for small businesses by a combined $20 billion over the next three years. The banks made the announcement at a press conference joined by Vice President Joe Biden and Small Business Administration Administrator Karen Mills John Asbury, head of Business Services [...] [...]

Stocks climb after Citigroup tops forecasts

by Associated Press Published: October 18,2010

Tags: Citigroup, dow jones, stock market

NEW YORK – An upbeat start to a busy week of earnings pushed stocks higher Monday. Citigroup Inc.’s better-than-expected results drove financial stocks higher, putting an end to a recent slide. The Dow Jones industrial average rose 36 points in midday trading. Citigroup said fewer of its customers defaulted on loans, an encouraging sign that [...] [...]

Citigroup earns $2.15B as failed loans decrease

by Associated Press Published: October 18,2010

Tags: Citigroup, foreclosures, real estate, stock market

NEW YORK – Citigroup Inc., one of the largest banks in the world, reported its third straight quarter of profit Monday in another sign that the American consumer is healing. The New York bank, which is still 12 percent owned by the government, earned $2.15 billion, or 7 cents per share, in the three months [...] [...]

Recent Posts

Polls

Who will win the presidential election in November?

View Results

The MBJ poll should not be considered a scientific one. Results reflect only the opinion of those who participate.

Loading ... Loading ...

Recent Comments