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CitiMortgage News

News on CitiMortgage (Ticker: C) continually updated from thousands of sources around the net.

Yesterday | Sentencing Law and Policy

"The criminalisation of American business"

The title of this post is the headline of this notable new Economist cover story , which carries the subheadline "Companies must be punished when they do wrong, but the legal system has become an extortion racket."


Related Topix: Mafia, Banking, Financial Services, Citigroup, Goldman Sachs, Investment Services, Cohen Group, Consulting

Fri Aug 29, 2014

Global Custody Banks Continue To See Strong Growth In Asset Base Over Q2

The slew of stricter rules imposed by financial regulators across the globe in the aftermath of the economic downturn of 2008 has clearly had a negative impact on almost every revenue source for the banks.


Related Topix: Financial Services, Citigroup, Banking, BNY Mellon

Thu Aug 28, 2014

Investor's Business Daily

Banks' Big Legal Tab Could Hamper Future Rescues

Federal and state regulators have taken their pound of flesh from the nation's big banks, as the huge legal settlements with JPMorgan Chase, Citigroup and now Bank of America cut into earnings.


Related Topix: Financial Services, Banking, Citigroup, Bank of America, Home, Mortgage, Personal Finance

PE Hub

VC-backed Rhythm files for IPO

Rhythm has filed for an IPO. The number of shares that will be sold as well as the stock's pricing terms have yet to be set.


Related Topix: Venture Capital, Emerging Technology, Banking, Financial Services, Citigroup, Genetics, Medicine, Securities and Exchange Commission, Corporate / Securities Law, Law

On Wall Street

Former Citigroup Registered Rep Banned From Brokerage...

Top Planning Concerns for UHNW Clients Working with UHNW clients requires more than solid investment management and estate planning, according to advisor Paul Pagnato, founder of the Pagnato-Karp Group.


Related Topix: Banking, Financial Services, Citigroup, Estate Planning, Personal Finance, Retirement

The Economist

Corporate settlements in the United States: The criminalisation of American business

WHO runs the world's most lucrative shakedown operation? The Sicilian mafia? The People's Liberation Army in China? The kleptocracy in the Kremlin? If you are a big business, all these are less grasping than America's regulatory system.


Related Topix: Mafia, Goldman Sachs, Financial Services, Investment Services, Banking, Cohen Group, Citigroup, Consulting, Mortgage, Personal Finance

Wed Aug 27, 2014

Sys-Con Media

Zendesk to Present at the Citigroup 2014 Global Technology Conference

Zendesk Inc. today announced that Chief Financial Officer, Alan Black, will present at the Citigroup 2014 Global Technology Conference held at the New York Hilton Midtown, New York City, NY.


Related Topix: Zendesk, Financial Services, Citigroup, Banking

Citigroup Stock Rating Reaffirmed by Zacks

's stock had its "neutral" rating reiterated by Zacks in a note issued to investors on Wednesday.


Related Topix: Banking, Financial Services, Citigroup, US News

PE Hub

Carlyle Group closes $816 mln CLO fund

The Carlyle Group has closed a collateralized loan obligation fund totaling about $816 million.


Related Topix: Financial Services, Carlyle Group, Investment Services, Citigroup, Banking

University Business

Stevens Institute of Technology launches finance books series

Stevens Institute of Technology, a private research university located in Hoboken, New Jersey, and Springer/Apress, global publishers of high-quality STM content for technology professionals and researchers in academia, announced the creation of an innovative series of books focused on the fast-growing field of quantitative finance.


Related Topix: Stevens Institute of Technology, Education, Hoboken, NJ, Banking, Financial Services, Citigroup, Science, Computer Science

Tue Aug 26, 2014

Second Circuit Rules Broad Forum Selection Clause Trumps FINRA Rule Requiring Arbitration

On August 21, 2014, the United States Court of Appeals for the Second Circuit joined the Ninth Circuit in holding that FINRA rules requiring arbitration of customer disputes may be superseded by an agreement between a member and a customer containing a broad forum selection clause requiring all disputes to be heard in court.


Related Topix: Second Circuit Court of Appeals, Ninth Circuit Court of Appeals, Goldman Sachs, Financial Services, Investment Services, Banking, Citigroup

Seeking Alpha

Analysis For Investment Return On The Big 6 Banks

Wells Fargo trading at 1.65 premium compared to book value, while Citigroup and Bank of America trading at a discount at 0.76.


Related Topix: Wells Fargo , Banking, Financial Services, Citigroup, Bank of America, Goldman Sachs, Investment Services, JP Morgan Chase

Brazil coffee output set for worst slump since 1965

A prolonged drought in Brazil has already claimed about half of Jose Francisco Pereira's coffee crop.


Related Topix: Drink, Coffee, Agriculture, Science, Weather, Natural Disasters, Drought, Colombia, World News, Banking, Citigroup, Financial Services


Citigroup fined $1.85 mln for customer transactions violations

The violations, which impacted approximately 22,000 customers, occurred in the bank's Citigroup Global Markets Inc. unit.


Related Topix: Financial Services, Citigroup, Banking


UPDATE 1-Market Chatter-Corporate finance press digest

* Chevron Corp has been searching for up to $1.5 billion of equity investment to help develop its Duvernay shale formation assets in Canada and contacted potential investors including private-equity firms, according to people familiar with the matter.


Related Topix: Construction, Berkshire Hathaway, Investment Services, Warren Buffett, Oil & Gas, Chevron Corporation, Energy, Banking, Citigroup, Financial Services

Mon Aug 25, 2014

Business Times

Communications equipment maker Comtech explores sale: sources

Comtech, which has a market capitalization of roughly US$560 million, is working with investment bank Citigroup to assist with that effort, the people said on Monday, asking not to be named because the matter is not public.


Related Topix: Comtech Telecommunications, Telecom, Banking, Financial Services, Citigroup

The Daily Star

Bond issues to draw big demand despite geopolitics

File - A sign on the Citigroup office tower is seen in this 11 April, 2007 in New York.


Related Topix: Banking, Financial Services, Citigroup, World News, United Arab Emirates, Israel, Middle East, Bahrain, Financial Markets


Citi: Overweight Emerging Markets, Child Labor Helps Profits?

Citigroup's global asset allocation team thinks U.S. investors should continue to look outward, with extra attention to Japan and emerging markets.


Related Topix: Banking, Financial Services, Citigroup, Financial Markets, Westfield, NY

Seeking Alpha

Carlyle Eyes Another IPO, Amid A Booming Industry

Carlyle Group announced that it has hired Goldman Sachs and Citigroup to float a U.S. IPO of Axalta Coating Systems.


Related Topix: Carlyle Group, Financial Services, Investment Services, Goldman Sachs, Banking, Cohen Group, Citigroup, Consulting, JP Morgan Chase

Sun Aug 24, 2014


Citigroup Prefers Stocks in India as Inflation Erodes Bond Gains

India's stocks are a better bet than bonds as the fastest inflation in Asia erodes fixed-income returns and deters interest-rate cuts, Citigroup Inc. says.


Related Topix: Financial Markets, Banking, Financial Services, Citigroup, World News, India, Mutual Funds, Personal Finance


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