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Is Citigroup feeling lonely these days? The banking giant run by Vikram Pandit has watched in recent weeks as other major financial institutions linked up with partners: Goldman Sachs connected with Warren Buffett, for example, and Morgan Stanley found a friend in a big Japanese bank.
Oct. 14 (Bloomberg) -- Citigroup Inc. and Goldman Sachs Group Inc. were among banks that soared in New York trading after the U.S. government said it would invest in nine of the country's biggest financial institutions and guarantee debt they issue.
Oct. 14 (Bloomberg) -- Citigroup Inc. and Goldman Sachs Group Inc. were among bank stocks that soared in pre-market New York trading after the U.S. government said it would invest in nine of the country's biggest financial institutions and guarantee debt that they issue.
Oct. 14 (Bloomberg) -- The following companies may have unusual price changes in U.S. trading . Stock symbols are in parentheses, and share prices are as of 8:30 a.m. in New York, unless otherwise specified.
Citigroup said it expects JPMorgan Chase to post a loss in the third quarter, reflecting its estimates for loan loss provisions and write-downs at the U.S. banking giant.
Goldman Sachs Bank USA is coming to New York. The financial company long known for investment banking has applied for a New York State bank charter, Gov. David A. Paterson announced on Monday , according to The New York Times’s Louise Story.
Oct. 14 (Bloomberg) -- U.S. stock futures rallied, signaling the market will extend its biggest gain since the 1930s, on the government's plan to spend $125 billion on stakes in the nation's largest banks to shore up confidence in the financial system.
Oct. 14 (Bloomberg) -- Stocks climbed worldwide, driving the MSCI World Index to its biggest two-day gain on record as the U.S. prepared to invest $125 billion in nine of its biggest banks, the latest step to avert a global financial meltdown.
Stock index futures pointed to a sharply higher open for a second day on Tuesday as a plan by Washington to inject $250 billion of capital in major U.S. banks spurred investors to wade back into equities.
Oct. 14 (Bloomberg) -- European stocks climbed, driving the Dow Jones Stoxx 600 Index to its biggest two-day gain on record, as the U.S. planned to inject $250 billion in banks and urged the lenders to use the funds to spur economic growth.
Oct. 14 (Bloomberg) -- Stocks climbed worldwide, driving the MSCI World Index to its biggest two-day gain on record, on speculation the U.S. will invest $125 billion in nine banks. Japan's Nikkei 225 Stock Average jumped the most ever.
Oct. 14 (Bloomberg) -- Stocks climbed worldwide, driving the Standard & Poor's 500 Index to the biggest-two day gain since 1933, as the U.S. plans to inject $250 billion in banks and urged the lenders to use the funds to spur economic growth.
Oct. 14 (Bloomberg) -- The U.S. will invest about $125 billion in nine of the nation's biggest financial institutions, including Citigroup Inc . and Goldman Sachs Group Inc.
NEW YORK, Oct. 14 (UPI) -- Goldman Sachs has applied for a New York State charter, choosing state regulators to oversee its new banking subsidiaries, the company said.
Citi today announced the launch of Citibank®
U.S. bank stocks soared on Tuesday after the government set plans to inject $250 billion into the battered sector, hoping to restore confidence after exposure to toxic debt pummeled share prices.
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