Citigroup News

A Missouri woman risked her career to blow the whistle on fraud in Citigroup's mortgage department, but was quite handsomely rewarded, Bloomberg Markets reports.

Commodities fell for a third day and are poised for the biggest monthly loss since the recession of 2008 as Europe's escalating debt crisis dimmed prospects for demand and sent crude oil into a so-called bear market.

Despite an emerging market focus, the bank also required the most government funding during the peak of the financial crisis due to its developed world mortgage lending business.

A number of other analysts have also recently weighed in on SYNC. Analysts at Bank of America upgraded shares of Synacor from an "underperform" rating to a "neutral" rating in a research note to investors on Friday, May 18th.

A Missouri woman risked her career to blow the whistle on fraud in Citigroup's mortgage department, but was quite handsomely rewarded, Bloomberg Markets reports.

Ventas Inc. said it agreed to sell 5.2 million shares to Citigroup Inc. , with plans to use the proceeds to repay debt and build working capital.

A Missouri woman risked her career to blow the whistle on fraud in Citigroup's mortgage department, but was quite handsomely rewarded, Bloomberg Markets reports.

Citigroup Inc. has started selling a fund for regional banks to hedge against the risk of a decline in the value of their government bond holdings as the national debt swells.

Why, not that much it seems. That's one powerful takeaway from Bloomberg reporter Bob Ivry's tale of a whistleblower awarded $31 million for exposing widespread fraud at Citibank's mortgage unit.

We knew this was happening before the crisis, but thanks to a Missouri-based senior manager at Citigroup, we know for sure that it's still happening.

Morgan Stanley plans to buy an additional 14 percent stake in the Morgan Stanley Smith Barney Holdings LLC brokerage from Citigroup Inc.

Citigroup Inc. isn't planning to sell its Polish unit, Bank Handlowy w Warszawie SA , and is pleased with how it has performed in recent years, Citigroup Chief Executive Vikram Pandit was quoted as saying in Polish daily Rzeczpospolita Thursday.

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On a recent Meet the Press face-off between Democrats and Republicans, a politician claimed we urgently need to cut government spending.

New York a U.S. stock futures fell sharply Wednesday with the stability of the European Union tenuous and as Spain's cost of borrowing money hit the highest levels since the country joined the euro.

U.S. stocks fell, putting the Standard & Poor's 500 Index on pace for its worst month since September, on concern Greece will leave the euro while Spain's default risk hit a record as it struggles to recapitalize banks.

Economic confidence in the euro area declined more than economists forecast in May to the lowest in 2 1/2 years after inconclusive elections in Greece raised the specter of a euro breakup.

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In the second largest settlement ever between a corporation and state governments , Bank of America, Wells Fargo, JPMorgan Chase, Citigroup and Ally banks awarded $25 billion for their respective abuses in the home mortgage market.

A number of other firms have also recently commented on COP. Analysts at Credit Suisse initiated coverage on shares of ConocoPhillips in a research note to investors on Wednesday, May 9th.