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Citigroup Settles Charges of Misleading Investors During Crisis
Washington (dpa) - US banking giant Citigroup on Thursday agreed to pay 75 million dollars to settle charges that it misled investors about its exposure to the 2008 financial crisis. The US government's Securities and Exchange Commission (SEC) chargedmore
Doing the subprime but not the time
The reputational carnage on Wall Street from the genesis of the US subprime mortgage crisis continues to mount. Citigroup is the latest investment bank to be charged by the US Securities and Exchange Commission (SEC) with misleading investors over theirmore
Doing the subprime but not the time
The reputational carnage on Wall Street from the genesis of the US subprime mortgage crisis continues to mount. Citigroup is the latest investment bank to be charged by the US Securities and Exchange Commission (SEC) with misleading investors over theirmore
UPDATE: SEC: Citigroup To Pay $75 Million To Settle Subprime Case
(Updates with comments from Citigroup and Crittenden's lawyer; adds details.) Of DOW JONES NEWSWIRES WASHINGTON -(Dow Jones)- Citigroup Inc. (C) will pay $75 million to settle regulatory charges that it failed to disclose some $40 billion in subprimemore
SEC: Citigroup To Pay $75 Million Penalty Over Misleading Investors On Subprime Mortgages
WASHINGTON -(Dow Jones)- Citigroup Inc. (C) will pay $75 million to settle regulatory charges that it failed to disclose some $40 billion in subprime exposure to investors in 2007, the U.S. Securities and Exchange Commission announced Thursday. The SECmore
Doing the subprime but not the time (ABC)
The reputational carnage on Wall Street from the genesis of the US subprime mortgage crisis continues to mount.Citigroup is the latest investment bank to be charged by the US Securities and Exchange Commission (SEC) with misleading investors over theirmore
Citigroup's Mexico Unit Banamex Upbeat On 2010 Second Half
MEXICO CITY -(Dow Jones)- The Mexican banking arm of Citigroup Inc. (C) on Thursday offered an upbeat outlook for its business during the second half of the year as growing demand for credit by small businesses shows that the recovery in the domesticmore
Citigroup pays $US75m to settle subprime case
Citigroup has agreed to pay a $US75 million ($A84.2 million) fine to settle charges it misled investors about exposure to subprime mortgage-related assets, the US Securities and Exchange Commission says.The US bank "repeatedly made misleading statementsmore
Citigroup Memo On North America Consumer Banking
North America Consumer Banking colleagues From: Manuel Medina-Mora Date: Re: North America Consumer Banking Update As you know, I have spent the last few months evaluating and reviewing our North American Consumer Banking business. Having done so, it ismore
Citigroup settles SEC charges
WASHINGTON - US BANK Citigroup agreed on Thursday to pay a US$75 million (S$102 million) fine to settle charges it misled investors about exposure to subprime mortgage-related assets, the Securities and Exchange Commission said. Citigroup 'repeatedlymore
Citigroup to pay 48 million to settle SEC charges
The SEC also charged a Citigroup executive and a former chief financial officer of misrepresenting the bank's exposure, although not with intentional misconduct. It was one of a very few cases in which financial executives have faced any kind of charges,more
Corrected: Citigroup to pay $75 million to settle SEC charges
(Corrects value in second sub-head to $40 bln, not $40 mln) By Maria Aspan NEW YORK (Reuters) - Citigroup Incmore
Citigroup to pay $75 million to settle SEC charges
By Maria Aspan NEW YORK (Reuters) - Citigroup Incmore
Citigroup to pay $75 million to settle SEC charges
By Maria Aspan NEW YORK (Reuters) - Citigroup Incmore
Citigroup to pay $75 million to settle SEC charges
Citigroup Inc will pay $75 million to settle charges that it failed to disclose to investors $40 billion in subprime exposure in 2007, the Securities and Exchange Commission said on Thursday.The SEC also charged a Citigroup executive and a former chiefmore
Corrected: Citigroup to pay $75 million to settle SEC charges
(Corrects value in second sub-head to $40 bln, not $40 mln)NEW YORK - Citigroup Inc will pay $75 million to settle charges that it failed to disclose subprime exposure to investors in 2007, the U.S. Securities and Exchange Commission said on Thursday.Themore
For Crittenden, a Bad Time to Be at Citigroup
Gary L. Crittenden, the former chief financial officer of Citigroup Three years later, it is probably safe to assume that Mr. Crittenden feels a bit differently about being the chief financial officer of Citigroup. He has agreed to pay a $100,000 fine tomore
Citigroup Inc. Raises Target Price & '10-'12 Earnings Estimates for Praxair, Inc. (C,PX)
Citigroup Inc. (NYSE:C) has increased its target price for Praxair, Inc. (NYSE:PX) Thursday, from $94 to $99. Citigroup maintains a Buy rating on the gas supplier, and raised its 2010-2012 earnings estimates due to 'continued broad-based volumemore
Citigroup Reaches $75M Settlement with SEC
Citigroup will pay $75 million to settle regulatory charges that it failed to disclose $40 billion in subprime exposure to investors in the second and third quarters of 2007.more
Citigroup pays $US75m to settle subprime case (The West Australian)
Citigroup has agreed to pay a $US75 million ($A84.2 million) fine to settle charges it misled investors about exposure to subprime mortgage-related assets, the US Securities and Exchange Commission says.The US bank "repeatedly made misleading statementsmore
Citigroup Exec. Charged in Financial Crisis Probe
Former CFO Gary Crittenden to pay $100K fine to SECmore
CORRECTED - Citigroup to pay $75 million to settle SEC charges
Citigroup Inc will pay $75 million to settle charges that it failed to disclose subprime exposure to investors in 2007, the U.S. Securities and Exchange Commission said on Thursday. The SEC also charged a Citigroup executive and a former chief financialmore
Citigroup to pay $US75m to settle SEC charges
NEW YORK - Citigroup Inc will pay $US75 million ($A83.9 million) to settle charges that it failed to disclose subprime exposure to investors in 2007, the US Securities and Exchange Commission said. The SEC also charged a Citigroup executive and a formermore
Citi to Pay $75 Million Over Subprime Disclosures
By Jesse Westbrook and Bradley Keoun (Adds comment from law professor in fifth paragraph.) July 29 (Bloomberg) -- Citigroup Inc. will pay $75 million to settle U.S. regulatory claims that it misled investors by understating holdings linked to subprimemore
Citi paying $75 mn to settle charges
WASHINGTON: Banking titan Citigroup Inc. is paying $75 million to settle civil charges that it misled investors about its potential losses from subprime mortgages as the housing bust hit in 2007. The announced the settlement with Citigroup on Thursday.more
Advisers on the Move: The largest moves of the last 30 days
ING Financial Advisers LLC 07-19-10 UBS Financial Services Inc Goldman Sachs 558 3 07-15-10 JPMorgan Private Wealth Deutsche Bank Alex. Brown 300 2 07-14-10 UBS Financial Services Inc Morgan Stanley Smith Barney 296 3 07-16-10 UBS Financial Services Incmore