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304430 Stories, most recent news story added Fri Dec 4, 4:23 pm ET

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Citigroup Between TARP and a Hard Place
Fox News - Fri Dec 4, 2:35 pm ET
After Bank of America's (BAC) announcement Thursday that it would repay its $45 billion share of the Troubled Asset Relief Program, the government may be close to selling its stake in Citigroup (C).
Big Fees for Advising on U.K. Bank Bailouts
New York Times - Fri Dec 4, 8:26 am ET
Credit Suisse, Deutsche Bank and Goldman Sachs are among the firms that are set to earn a combined £107 million, or $178 million, for advising the British government on the bailout of its banking industry.
Why Goldman Sachs Is JPMorgan’s Biggest Asset: David Reilly
Bloomberg - Thu Dec 3, 11:17 pm ET
Dec. 4 (Bloomberg) -- JPMorgan Chase & Co. lists lots of assets, ranging from loans to securities to cash, on its $2 trillion balance sheet . Not to be found is one that might be its most valuable -- Goldman Sachs Group Inc.
A Windfall Profits Tax for Goldman Sachs?
New York Times - Fri Dec 4, 9:26 am ET
People are angry at Goldman Sachs . They have become so angry that these people have become blind to the real issues surrounding Goldman’s coming supersized bonus announcements.
Reynolds American shares rise after Citi upgrade
AP via Yahoo! News - Fri Dec 4, 12:25 pm ET
Shares of cigarette maker Reynolds American Inc. rose Friday after a Citigroup analyst upgraded the stock based on projections of profit and dividend growth.
BofA's TARP repayment puts pressure on Citi, Wells
AP via Yahoo! News - Thu Dec 3, 6:55 pm ET
Bank of America's surprise move to pay back $45 billion in federal bailout money ratchets up pressure on rivals Wells Fargo and Citigroup to get out from under the government's thumb. But don't expect it to happen anytime soon.
Citigroup Said to Need Treasury Stake Sale Before TARP Payment
Bloomberg - Fri Dec 4, 1:59 pm ET
Dec. 4 (Bloomberg) -- The U.S. Treasury Department’s refusal to sell its 34 percent stake in Citigroup Inc. is hampering the bank’s plans to repay $20 billion of remaining bailout funds, people familiar with the bank said.
Goldman Sachs Could Pay Bonuses In Stock
New York Times - Fri Dec 4, 5:41 am ET
Goldman Sachs ’s chief executive, Lloyd C. Blankfein, is weighing plans to increase the share of compensation paid out in equity to executives in a bid to quell public anger over the probability of large pay-outs, The Financial Times reported.
Credit Suisse Hires Lazard Health-Care Banker Islam (Update1)
Bloomberg - Fri Dec 4, 4:23 pm ET
Dec. 4 (Bloomberg) -- Credit Suisse Group AG hired Saqib Islam from Lazard Ltd . as a managing director and head of health-care equity capital markets, which underwrites and sells stocks.
Citigroup Trapped By TARP Missteps: Today's Outrage
TheStreet.com - Fri Dec 4, 10:25 am ET
Citigroup may end up being the last major bank trapped by TARP, and that's its own fault.
Citigroup Said to Need Treasury Sale for TARP Payment (Update1)
Bloomberg - Fri Dec 4, 2:12 pm ET
Dec. 4 (Bloomberg) -- Citigroup Inc.’s plan to repay $20 billion of bailout funds and escape government-imposed pay limits is being hampered because the Treasury Department has yet to sell its 34 percent stake in the lender, people familiar with the bank said.
Goldman Sachs Considering Paying Execs in Stock
Fox News - Fri Dec 4, 1:35 pm ET
Hoping to staunch public anger over annual bonuses, Goldman Sachs (GS) will likely pay top executives in stock instead of cash, The Financial Times reported.
Citi Can't Quit TARP Until Treasury Sells Stake
BusinessWeek - Fri Dec 4, 12:15 pm ET
Executives can't sell stock to raise money for repayment until the Treasury signals how it will unload its 7.7 billion Citi shares, sources say
BofA TARP Repayment May Spur Citi Sale, Analysts Say (Update2)
Bloomberg - Thu Dec 3, 7:23 pm ET
“We believe these announcements may imply that a sale of the government stake in Citi is closer to happening, which we would view as a positive for Citi shares,” Deutsche Bank analysts Matt O’Connor and Robert Placet in New York wrote in a note to clients today.
U.K. Treasury Advisers Earn 107 Million Pounds for Bank Advice
Bloomberg - Fri Dec 4, 3:14 am ET
Dec. 4 (Bloomberg) -- Credit Suisse Group AG , Deutsche Bank AG, Goldman Sachs Group Inc. and law firms working on the government bailouts of British lenders Northern Rock Plc and Royal Bank of Scotland Group Plc will earn 107 million pounds ($178.2 million) in fees for their advice.