Citigroup Inc. said Monday it is repaying $20 billion in public bailout money, freeing the banking giant from the close scrutiny and pay restrictions that came with the rescue program. The ...
Citigroup Inc. said Monday it is repaying $20 billion in public bailout money, freeing the banking giant from the close scrutiny and pay restrictions that came with the rescue program. The ...
Bailout Money Flows Despite Treasury Claims. ... Treasury's authority to spend more from the $700 billion fund expired on Oct. 3. ... The Pursuing Equity in Mental Health Act of 2019 proposes over ...
First of all, don't just up and quit.Finding a new job is much easier when you have a job. Even if your boss is a screaming banshee, you can probably tough it out for a little longer -- at least ...
The government will wind down its largest and most complex rescue from the 2008 financial crisis, a $182 billion package to save insurer AIG, by selling stock over the next two years.
7 smart ways to repay your student loans. By Lynn O'Shaughnessy June 30, 2014 / 5:30 AM / Moneywatch.com For new college graduates who borrowed to help pay for their bachelor's degrees, the clock ...
The better solution is a simple one: Allow automakers to declare bankruptcy. Contrary to popular belief, that will not mean the end of a company such as GM, which has indicated it may run out of ...
When Congress passed the $700 billion dollar bailout, the whole idea was to buy failed mortgage assets. But once the bill became law on October 3, Henry Paulson's Treasury Department moved quickly ...
At Bank of New York Mellon Corp., chief executive Robert P. Kelly's stipend for financial planning services came to $66,748, on top of his $975,000 salary and $7.5 million bonus. His car and ...
The Treasury Department sank billions into auto finance giant GMAC Inc. without an exit strategy or proof the company was viable - a decision that could cost taxpayers $6.3 billion, a new watchdog ...
Treasury prices $5B sale of AIG stock Fed sells toxic AIG assets to European banks AIG to pay all 50 states in $146.5 million settlement "This is a major milestone for the Bank and for the public ...
Financial services giant Citigroup Inc. said Tuesday it would cut 10,400 jobs, or 6 percent of its global work force, and take a restructuring charge of $900 million.
Fortunately for Citi, it's not all that bad. The bank turned a profit in the first quarter (albeit dubiously), and the big hires with guaranteed bonus checks should pay off in terms of real ...
Pressure on Spain eases, but bailout still likely. ... helped avert a short-term credit crunch by reducing banks' reliance on markets for funding. ... The famed swoosh logo will be on the front of ...
Citigroup names co-presidents. ... naming co-presidents on Monday. ... Forese will be responsible for all of Citi's institutional businesses, and Medina-Mora will continue to oversee global ...
Citigroup's stock slid 4.26 percent Monday, the day after the company abruptly announced that Jamie Dimon, 42-year-old president and heir apparent to co-CEO Sandy Weill, is leaving the group.
Acting at Barack Obama's behest, President George W. Bush on Monday asked Congress for the final $350 billion in the financial bailout fund, effectively ceding economic reins to the president ...
UK Offers Bailout Funds to HSBC, Seven Other Banks. ... Abbey and Standard Chartered will be likely to turn down the equity-raising option. ... (free registration) ...
JPMorgan, AmEx Seek To Pay Back Bailout. ... JPMorgan said Monday it plans to raise $5 billion through a common stock offering as it seeks to repay the $25 billion that the bank was awarded under ...
New Rules For Companies Receiving Bailout Funds. By Kevin Hechtkopf ... investments or to programs already announced such as the Capital Purchase Program and the Term Asset-Backed Securities Loan ...
BRUSSELS (AP) - Finance ministers from the 17 countries that use the euro unanimously approved Friday the terms for a bailout loan for Spanish banks of up to euro100 billion ($122.9 billion).