Goldman faces lawsuit over anticipated bonuses
Reuters - Mon Dec 14, 8:20 pm ETGoldman Sachs Group Inc is being sued by an institutional investor who claims the firm is preparing to pay out improper bonuses.
7298 Stories, most recent news story added 4 minutes ago
Goldman Sachs Group Inc is being sued by an institutional investor who claims the firm is preparing to pay out improper bonuses.
Citigroup has struck a deal with U.S. regulators to repay $20 billion of government bailout funds, allowing the bank to exit the TARP program in 2010.
Finance: The White House thinks it can jawbone banks into lending to people they don't want to lend to. We've been down this road before, and it...
Goldman Sachs Group Inc played a bigger role in fueling the mortgage bets that crippled American Insurance Group Inc than has been publicly disclosed, the Wall Street Journal reported on Saturday.
Citigroup said on Monday that it had reached a deal with U.S. regulators to repay $20 billion of shares held by the government by issuing $17 billion of stock and allowing it to exit the TARP program in 2010.
Citigroup is repaying $20 billion in bailout money it received from the Treasury Department, in an effort to reduce government influence.
A top adviser to President Barack Obama says the White House is telling the banking industry it helped create last year's near economic meltdown and it has to be "part of the solution."
The nation’s banks are facing tough new regulations adopted by the U.S. House and most Americans believe that is exactly what they deserve. In fact, it is highly probable that many Republican lawmakers who formed a solid wall in opposition privately would agree, probably not with the exact language but with what my mother used to call the doctrine of comeuppance.After being a major factor in the ...
Banks that are too big to fail pose too much of a risk to the economy. Any serious effort to reform the financial system must ensure that no such institutions exist.
Shares of Waste Services Inc. and IESI-BFC climbed after an analyst upgraded the waste disposal companies, citing a favorable view of their planned merger announced last month.
Dec. 14 (Bloomberg) -- The cost to protect against defaults on U.S. corporate bonds fell to the lowest in 12 weeks as Citigroup Inc. struck an agreement to repay $20 billion of government assistance.