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Citigroup Inc is talking with the U.S. government about paying back its bailout money, but it is not clear whether a deal is imminent, a person familiar with the matter said on Thursday.
Will shareholders get a reprieve from dilution?
Bank of America paid $45 billion to extricate itself from the government and rival Citigroup could be next, according to a media report.
Citigroup Inc remains locked in active negotiations with the government over the company's plans to repay federal bailout funds, and it is not clear whether any deal is imminent, a person familiar with the talks said on Thursday.
LONDON (SHARECAST) - Citigroup is in advanced talks with regulators over plans to raise more than $15bn in an equity offering, in an effort to repay $20bn in bail-out funds as early as Thursday.
NEW YORK----Citigroup Mortgage Loan Trust 2009-10 was originally closed and rated by Fitch Ratings on Oct. 30, 2009. The classes listed below were rated on Dec. 8, 2009 by Fitch as follows:
Plus more stocks making headlines in Thursday's market
Citigroup will pay back the $45 billion in bailout funds it received from the Treasury Department’s Troubled Asset Relief Program.
Dec. 10 (Bloomberg) -- The Kuwait Investment Authority held internal talks on cutting back its banking relationship with Citigroup Inc., the Financial Times reported, citing unidentified people familiar with the matter.
Citi Plans $20 Bln Offering To Repay TARP
Dec. 10 (Bloomberg) -- Shares of the following companies may have unusual moves in U.S. trading . Stock symbols are in parentheses, and prices are as of 8 a.m. in New York.
Citigroup is reportedly getting ready to announce a $20 billion equity offering in preparation for its repayment of funds from the Troubled Asset Relief Program.
Sprint Nextel shares gained 22 cents Wednesday to $4.13 after a Citigroup analyst issued a buy rating on the company.
Financial shares are mixed Wednesday as Citigroup and Wells Fargo continue in their attempts to leave TARP.
Citigroup Inc. shares rise late Wednesday evening following a report that the banking giant is set to repay government-bailout funds. Also, shares of Lululemon Athletica Inc. are up as the company's sales outlook exceeds expectations.
NEW YORK----Fitch Ratings assigns ratings of 'AA/F1+' to the Citigroup Reset Option Certificates Trust II-R , series 9309 and 9310, and ratings of 'AA' to the Citigroup Reset Option Longs , series 9309 and 9310.
