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CitiMortgage News

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

5 hrs ago | Seeking Alpha

Worried About A Spanish Banking Crisis? Try These 3 High Yielding U.S. Bank Stocks

As investors and traders began the Friday session before the Memorial Day weekend break, the news of a banking crisis in Spain certainly hit home for many of them.

Comment?

Related Topix: Financial Markets, Banking, Bank of America, Financial Services, Citigroup

Sun May 27, 2012

New York Magazine

Running, Away

For the first time, France is giving overseas citizens their own representatives , and Narassiguin is running as a member of Francois Hollande's Socialist Party.

Comment?

Related Topix: US Politics, US News, Barack Obama, Mitt Romney, Francois Hollande, Socialist Party (France), Banking, Financial Services, Citigroup

Sat May 26, 2012

St. Petersburg Times

Rapid-fire house flipping brings in big bucks for a few players

Original list price was $39,900. On Nov. 11, 2010, CitiMortgage transferred ownership to Fannie Mae, who sold to California-based USA Rental Fund LLC on Jan.

Comment?

Related Topix: Tampa, FL, Financial Services

Wall St. Cheat Sheet

Financial Business Review: Citibank Raises Capital, JPMorgan Doesn't Value Experience

As a part of Citigroup's program to raise capital to meet Tier I requirements, the company divests a 10.1 percent investment in Turkey's Akbank for $1.15 billion.

Comment?

Related Topix: Banking, Financial Services, Citigroup, JP Morgan Chase , Banco Santander Central Hispano SA

The Washington Post

Emerging Stocks Head for Longest Weekly Losing Streak Since 1994

Most emerging stocks fell, headed for the longest weekly losing streak since 1994, as utilities and telephone companies slid and concern China's biggest banks may miss lending plans offset gains for commodity producers.

Comment?

Related Topix: Financial Markets, RiskMetrics, MSCI, Grid, Electronic, Banking, Financial Services, Citigroup

Mortgage News Daily

Federal Reserve Releases Action Plans for Two Loan Servicers

Bottom Right Default State Name: State Name underscore: State Name dash: State Name lower underscore: State Name lower dash: State Name lower: State Abbreviation: State Abbreviation Lower: MND NewsWire features plain and simple interpretations of industry related data and events written in a manner that maintains the interest of random readers ... (more)

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Related Topix: Home, Mortgage, Personal Finance, Financial Services, Foreclosures

Fri May 25, 2012

The Motley Fool

Where Does Citigroup Stand among the Major Banks?

Maxwell is a member of The Motley Fool Blog Network -- entries represent the personal opinions of our bloggers and are not formally edited.

Comment?

Related Topix: Banking, Financial Services, Citigroup, Blog News, Deutsche Bank AG, Home, Mortgage, Personal Finance

Daily Mail

Citigroup 'lost $20M because of Facebook's botched IPO while UBS...

Citigroup Inc's Automated Trading Desk had trading losses of about $20million from Facebook Inc's botched initial public offering on Nasdaq OMX Group Inc's U.S. exchange, a source with knowledge of the situation said on Friday.

Comment?

Related Topix: Startups, Facebook, Social Software, Banking, Financial Services, Citigroup, Knight Trading Group, Investment Services, UBS Investment Bank, Investment Banking

Silicon Alley Insider

Citigroup Also Got Whacked On Facebook IPO Trades

CNBC's Kate Kelly reports that Citigroup's market-making arm lost $20 million on the social network's IPO trades.

Comment?

Related Topix: Banking, Financial Services, Citigroup, Startups, Facebook, Social Software

Business Journal

Citigroup divests part of its stake in Turkish financial institution

The stock transaction will generate $1.15 billion in proceeds. Despite the sale, however, Citigroup expects to record an after-tax loss of $243 million in its second-quarter financial results.

Comment?

Related Topix: Financial Services, Citigroup, Banking

AmericanBankingNews.com

Carter's Upgraded by Citigroup to "Buy"

Carter's opened at 52.97 on Friday. Carter's has a 52-week low of $27.44 and a 52-week high of $57.27. The company has a market cap of $3.122 billion and a price-to-earnings ratio of 27.43. Carter's last posted its quarterly earnings results on Thursday, April 26th.

Comment?

Related Topix: Carter's, Apparel, Financial Services, Citigroup, Banking

Thu May 24, 2012

The Motley Fool

Wells Fargo is the King of Banking for Now

Maxwell is a member of The Motley Fool Blog Network -- entries represent the personal opinions of our bloggers and are not formally edited.

Comment?

Related Topix: Blog News, Home, Mortgage, Personal Finance, Banking, Financial Services, Citigroup

TheStreet.com

Market Preview: Low-Grade Uncertainty

NEW YORK -- Wall Street followed Wednesday's mighty surge with a mini version of the same dynamic on Thursday, again underlining the idea that the prospect of Greece leaving the euro still isn't really all that scary to traders just yet.

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Related Topix: TheStreetcom, Media, TheStreet, Computers, Banking, Financial Services, Citigroup, Financial Markets, Business News

The Big Apple

"Countries don't go bust"

Recent entries: "Countries don't go bust" "Baked in the cake" Hard Line Mover and Shaker "Bang for the buck" More new entries... Listen to Robert Emmerich introduce The Big Apple , a hit song from 1937.

Comment?

Related Topix: Banking, Financial Services, Citigroup, Economics News, Bankruptcy

Reuters

Citigroup wins auction for Maiden Lane III assets

Citigroup on Thursday won an auction to buy $1.6 billion of tranches of the Duke CDO backed by residential mortgage-backed securities, which was part of the Maiden Lane III portfolio that the Federal Reserve took over from in 2008, the New York Fed said on Thursday.

Comment?

Related Topix: Financial Services, Citigroup, Banking

Wed May 23, 2012

Silicon Alley Insider

14 Incredible Artifacts From New York Banking History

The Museum of the City of New York has just unveiled its "Capital of Capital: New York City Banks and the Creation of a Global Economy" exhibit explaining how this happened.

Comment?

Related Topix: Financial Services, Citigroup, Banking

Tue May 22, 2012

The Asheville Citizen-Times

Obama can't knock the hustle

Being the most generous pitching staff in your conference isn't a good way to set yourself up for a... How did we end up with such smart scoundrels? Even after it was known that Jamie Dimon's bank blew more than $2 billion on the same suspect derivatives trading that has bankrupted the world's economy, Barack Obama still had praise for the ... (more)

Comment?

Related Topix: US Politics, US News, Barack Obama, Banking, Financial Services, Citigroup, Opinion

Daily Political

British American Tobacco Rating Increased to Buy at Citigroup

A number of other firms have also recently commented on BTI. Analysts at Bank of America downgraded shares of British American Tobacco to a "neutral" rating in a research note to investors on Tuesday, April 24th.

Comment?

Related Topix: British American Tobacco plc, Tobacco, Banking, Financial Services, Citigroup, Bank of America

Business Journal

Citi Private Bank announces new Phila.-region offices

The new office is located at 20 Montchanin Road. The Greenville team will be led by Barbara McCollum , southeastern Pennsylvania and Delaware region executive, and Bob Rosenberg , managing director and ultra high net worth private banker.

Comment?

Related Topix: Banking, Financial Services, Citigroup, Conshohocken, PA

Wall St. Cheat Sheet

Big Banks Under Very Heavy Facebook Fire

Nearly two weeks ago, JPMorgan Chase and Co.'s CEO, Jamie Dimon, disclosed on a surprise earnings call that the bank experienced a trading loss of at least $2 billion.

Comment?

Related Topix: Startups, Facebook, Heavy, Banking, JP Morgan Chase , Jefferson Pilot Corporation, Insurance, Financial Services, Citigroup

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