Citigroup Related Content

NTT Data to Acquire Dell Services

NTT Data and Dell entered into an agreement for NTT to acquire Dell Services, an IT services provider. read more

GE Energy Financial Co-Leads $592MM Power Plant Financing

GE, BNP Paribas, Citigroup and Mitsubishi UFJ financial are co-leading project financing for the construction and operation of the Caithness Moxie Freedom power plant in Luzerne County, PA. read more

Bloomberg: S&P Cuts Ratings on Eight Large Banks

Bloomberg reported that JPMorgan Chase, Bank of America and Wells Fargo are among eight large U.S. banks that had credit grades cut one level by Standard & Poor’s on the prospect that the U.S. government is less likely to provide aid in a crisis. read more

Suit Claims 22 Banks Manipulated Treasury Securities

In a complaint filed in the U.S. District Court in New York on Thursday, 22 banks were accused of manipulating the market for Treasury securities. read more

Citigroup Q2 Earnings Reflect Impact of RMBS/CDO Claims

Citigroup reported Q2/15 net income of $4.8 billion compared to $181 million a year earlier. The bank noted 2014 results included the impact of a $3.8 billion charge to settle legacy RMBS and CDO-related claims. read more

Citigroup Q4, FY Earnings Hurt by RMBS/CDO Costs

Citigroup reported Q4/14 and FY 2014 net income of $350 million and $7.3 billion, respectively, were down from $2.5 billion and $13.7 billion in the same prior year periods amid legal costs that were substantially higher year/year. read more

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